• New here?
  • Resources
  • Ask Kate
  • Shop for Info

Auntie Kate The Resale Expert

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

Feeds:
Posts
Comments
« How much is a new customer worth? A burrito?
Quote for the Day »

Friday the 13th: Making your own Bad Luck

November 13, 2009 by Auntie Kate of Too Good to be Threw

Falling off a cliff is sometimes preceded by walking too close to it.

Is it bad luck… or not paying attention to the signs?

How to avoid making your own bad luck, if you’re a consignment or resale shopkeeper or a thrift shop manager, some tips from TGtbT.com:

Stay on the trail.

Bad luck abounds when you wander off the trail. Choosing a lousy location, and then compounding its disadvantages by not advertising consistently. Deciding what you will sell based on what you want to sell rather than what your customers want to buy.

Avoid the dead-end trails and the falling-rock zones with the Manual, and take along a Luncheonette Product or two for when you’re feeling a bit peckish.

Stay back from cliff edges.

Spending your consignors’ money, putting Internet access into the hands of easily-distracted staffers, ignoring advertising and promotional opportunities can put your business in danger of tumbling over. (Have we mentioned the best way to get your shop Internet exposure, by listing it on the #1-Google-rated site for resale shoppers? If you’re not on HowToConsign.com, what in the world are you waiting for? A rich uncle to give you a quarter a day?)

If you want to stay away from the slippery slopes of failure, Products for Growing Shops can be your safety fence.

Observe posted warnings.

Pay attention to the time-tested advice from many of the shopkeepers who frequent our blog and Facebook pages.  They’ve told you and told you: Use red-penteled markdowns. Do daily backups of your business data. Watch your COG like a hawk. Get rid of that PITA consignor.

Parents– watch your children.

That one, I can’t help you with. Unless, of course, you are the parent of a consignment or resale shop owner and you wish to keep them safe. In that case, might I suggest a loving gift from Too Good to be Threw’s Shop for Professional Resalers? After all, who’s gonna take care of you in your old age? Your successful resale-shopkeeper child!

Save

Share this:

  • Click to share on Facebook (Opens in new window) Facebook
  • Click to share on X (Opens in new window) X
  • Click to email a link to a friend (Opens in new window) Email
  • Click to print (Opens in new window) Print
  • More
  • Click to share on Pinterest (Opens in new window) Pinterest
Like Loading...

Related

Posted in economics of resale, Shopkeeping talk | Tagged Products for the Professional Resaler, small business | 4 Comments

4 Responses

  1. on November 10, 2010 at 2:00 am Dana's avatar Dana

    Thanks for your deep font of wisdom, Kate. You’re always offering us much grist for the mill.


  2. on November 9, 2010 at 4:19 pm Unknown's avatar Deja Vuesday: Consignment, resale, thrift thoughts Too Good to be Threw « Auntie Kate The Resale Expert

    […] Read how to avoid failing over the cliff of failure. […]


  3. on November 13, 2009 at 3:28 pm Karen's avatar Karen

    I agree wholeheartedly. Thanks Kate


  4. on November 13, 2009 at 11:49 am Carolyn's avatar Carolyn

    Kate, these are such wise words and I hope all store owners get to read them. Just celebrated 7 years open and I look to your products on a regular basis to keep me fresh and to keep me out of danger. I especially love the blog, facebook, sharing tips that always give me something new to consider.



Comments are closed.

  • The Blog of

    Too Good to be Threw is the flagship site of the TGtbT Family of Sites for the Professional Resalers

    Too Good to be Threw is the flagship site of the TGtbT Family of Sites for the Professional Resalers

  • Being a shopkeeper's time- consuming. Get each new post in your mailbox the minute it appears. It's like a "New Arrivals" rack in your store...so you don't have to comb the racks. Unsubscribe anytime but I'm guessing you won't.

    Join 2,063 other subscribers
  • Let’s be Social

    • View 2Good2BThrew’s profile on Facebook
    • View 2Good2BThrew’s profile on Twitter
    • View 2good2bthrew’s profile on Pinterest
  • Meet Kate

    Kate helps resale, consignment, and thrift shops prosper.
  • What Kate said about:

  • When Kate said it:

  • Read more about:

    accepting accessories advertising blogging buy-outright christmas competition consignment consignors customers daily operations display email employees Facebook Halloween holidays home decor HowToConsign.com learn a lot markdowns merchandising NARTS Conference perceived value Products for the Professional Resaler profit promotions resale shopkeeping sea of sameness selling shop local small business social networking starting a consignment shop success thought for the day Thrift Twitter web word of mouth
  • Most Popular Posts

    • Create a New Year's gift to clients that's a business booster too!
    • Consignment, resale & thrift info
    • Christmas Display Windows for Resale Shops: Part 1
    • Resale store layout don't's
    • New Year's Eve for consignment, resale & thrift shopkeepers
    • Spreading good will via candy canes

Blog at WordPress.com.

WPThemes.


  • Reblog
  • Subscribe Subscribed
    • Auntie Kate The Resale Expert
    • Join 2,063 other subscribers
    • Already have a WordPress.com account? Log in now.
    • Auntie Kate The Resale Expert
    • Subscribe Subscribed
    • Sign up
    • Log in
    • Copy shortlink
    • Report this content
    • View post in Reader
    • Manage subscriptions
    • Collapse this bar
 

Loading Comments...
 

    %d