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Auntie Kate The Resale Expert

Kate Holmes of TGtbT.com talks with consignment, resale & thrift shopkeepers about opening, running, & making their shop THRIVE!

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Is your shop a store…or a storage facility?

January 30, 2008 by Auntie Kate of Too Good to be Threw

Here’s a problem unique to resale, consignment and thrift stores. It’s called:

ONE OF EVERYTHING

and it’s a real challenge to a shopkeeper. How can you display for sale items as diverse as a velvet loveseat, a pair of vintage Frye boots, a crib mobile and dozens of platters and hundreds of t-shirts?Does this clutter appeal to any but the hardest-core junkers?

And then, when you get THAT figured out, guess what? Next week you’ll have a dog kennel, someone’s paperweight collection, and six, count ’em six, dining room sets.

Those “new” retailers have depth: lots of Brita pitchers or Barbies or bananas… so they can store the extras in their back room. We, on the other hand, have

ONE OF EVERYTHING

and we need not only to find space for it, but we need to present each piece of merchandise in a way that will get it sold. That’s only good business, of course. Goods crammed together don’t cry out to customers to go home with them.

So, many storekeepers jam things together in an effort to make space. They might even pile bedsheets on the loveseat and cover a for-sale table with 4 different sets of china (any flat surface is fair game!) The shop ends up looking like a storage facility instead of a store. It’s hard to shop, almost impossible to be inspired to impulse-buy, and the only thing left to do is to lower prices. People will root around for bargains.

But presenting each piece in a way that will sell it is a more profitable way to run your business. And in the case of consignment shops, it’s good ethics as well. We don’t want to be put in the position of covering over Consignor #3821’s Wedgwood platter with #7239’s hand-painted wooden tray. That’s not putting forth our best selling effort for either consignor, which is our part of the consignment agreement.

So how do we manage to find attractive, appealing ways to show our shoppers all the goods we have? It ain’t easy. It’s a balancing act. But the worst-possible solution is the storage unit approach.

  • Stack those pictures, pile those platters
  • Cram those vases one touching the next on the tall shelf over there
  • Toss all the linens in a deep bin
  • Just FIND A PLACE FOR IT

Do enough of this, and your shop looks like someone just rolled up the overhead door at Sam’s Storage Cells. A garage sale between walls. You will only sell things if you offer garage-sale-level prices. Not good business, and not good stewardship of consigned goods.

Take a look around your shop. Have you lined the hallway to the rest room with paintings leaning against one another, 8 deep? Is that bottom back shelf (the one in the shadows, there, or is that dust that’s making everything so grey?) a crush of canisters? That rack a jostle of jumpers?

It’s not easy. Sigh. At least, we won’t be out of a job anytime soon, figuring out daily how to deal with

ONE OF EVERYTHING

Unless, of course, we turn our merchandise SHOWroom into a STOREroom. That way, we might as well put our business into cold storage.

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Posted in Shopkeeping talk | 7 Comments

7 Responses

  1. on December 21, 2013 at 9:10 am Angela Calhoun's avatar Angela Calhoun

    I’m interested in buying a consignment/auction resale shop in my town. She’s asking $20,000 just her assets added up to be close to $10,000 and she says, “there is at least 20,000 in inventory. The issue I’m facing is what to offer her. So, far what I no is 50% of her assests I would like to toss away or sale, about 45% of her inventory needs to be taken to the thrift shop or tossed, the shop needs some face lift an major organization, the next few months will be the slowest months of the year (jan, feb, mar) the shop makes 90-400 dollars a day.


    • on December 21, 2013 at 10:06 am Auntie Kate of Too Good to be Threw's avatar Auntie Kate

      Hi Angela! If you are serious about buying a consignment or resale shop, I suggest you start with The Business Valuation Kit here: http://tgtbt.com/shopthrive.htm#15 which will present some unique-to-resale thoughts re buying and selling a business and what it’s worth. That’s after, of course, you read the Manual (info, intro, table of contents here: http://tgtbt.com/manual.htm ), which will help you determine if the industry is one you would love to work in!


  2. on July 21, 2013 at 1:56 pm Melynda Wagner's avatar Melynda Wagner

    The hardest challenge that we find Is not stuff as much as clothing. We can’t even give it away when we want to. Streamlining and having a process and ability to say no before it comes in saves me on therapy bills!


  3. on July 16, 2010 at 8:23 am Unknown's avatar Filing things at your consignment shop, or featuring for resale? « Auntie Kate The Resale Expert

    […] More on this topic at Is your shop a STORE or a STORAGE FACILITY? […]


  4. on February 13, 2010 at 1:38 pm Unknown's avatar How can a consignment shop go BANKRUPT? « Auntie Kate The Resale Expert

    […] Is your shop a store…or a storage facility? […]


  5. on January 31, 2008 at 9:19 pm Angela's avatar Angela

    You hit the nail on the head, as usual, Kate. Thanks for the reminder. I removed a bunch of “storage” from my shelves earlier today; you’ve just reinforced my decision that I was right to do it! Thanks as always~ Angela


  6. on January 30, 2008 at 4:16 pm Ann's avatar Ann

    Very interesting comments Kate…and the first ones I’ve heard…You are absolutely right………I had a very small Consignment store, and I felt strongly about this ‘cramming’ issue….so I simply tooks things home. (I didn’t have any choice — no storage at my business) What that meant is that I brought in new stock daily…changing displays almost daily too! ..which was indeed, good for business, in that there truly was new stock every single day!!! Clothes? I’d have a sale!
    But, it is a challenge!



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