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Selling on consignment?

February 9th, 2008 at 07:11 pm

Well, looks like a local store might be interested in selling some of my handmade bags. A friend of mine went in there wearing one, and the store owner totally loved them and asked me to call her.

I've never sold consignment before. But, I am familiar with the store and really like it and what they stand for.

Usually, I only sell on the Internet. I get to keep more of the cash, minus Paypal and shipping fees. With in-store consignment, I'll only get 55 percent of the purchase price but it's good exposure to a new audience who might not otherwise find my Web sites. What to do...

I think I might go for it. I did the math and even at 55 percent, it will still be a profitable venture, just not as profitable per item as I am used to.

But if it boosts sales, that just means more money in the Tiki fund. And that's the goal right?

Have any of you sold on consignment before? Anything I should look out for?

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