• 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
« Have you seen my recommendations?
Deja Vuesday: Where the Woozle Wasn’t »

Or when sounded like A as in neighbor and sleigh.

July 9, 2012 by Auntie Kate of Too Good to be Threw

Consignment, resale, and thrift shops hurt themselves with this color-tag madness.Oh my. You know how I hate doing math when I shop.

But this message? Really takes the cake. Especially when the thermometer hits the triple digits.

take .

an additional 10% off all summer consignment.
Yellow tags 60%
Blue tags 45% off
Green tags 30% off.
Includes the 50% off marked party rack.
Excludes Yoga clothes marked with a Y and Party Clothes marked with a P.

Let’s start a movement. Kill the color-tag

we-can’t-be-bothered-so-you-figure-out-how-much-it-is

system. Could mean a great surge in consignment, resale, and thrift shop sales. Or at least, a lot more shoppers happily shopping, rather than doing mental math… if they remember what color’s what. Who needs the stress?

Just interpreting this gives me a headache:

Select – Apparel, Handbags, Shoes, Jewelry:

§  75% off all apparel, handbags and shoes over 90 days-non-red dot tags (dated prior to April 11)

§  50% off all jewelry and accessories over 90 days – non-red dot tags  (dated prior to April 11)

§  50% off Red Dot Designer Boutique, Shoes and Evening Wear over 90 days (dated prior to April 11)

§  30% off Red Dot Designer Boutique, Evening Wear, Handbags & Accessories over 30 days (dated prior to June 11)

        Select – Home Decor:

§  50% off Home Décor and Artwork over 90 days (dated prior to April 11). Does NOT Include Furniture & Bedding

§  40% off Home Décor and Artwork over 60 days (dated prior to May 11). Does NOT Include Furniture

§  30% off Home Décor, Artwork and FURNITURE over 30 days (dated prior to June 11)

Is this any way to treat your beloved shoppers?

Read also: Oh my aching head. Then read my very first post here on Auntie Kate the Blog. That’s how strongly I feel about this. My first post. Huh. and finally, How to Get Browsers to Buy Less.

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 markdowns, resale shopkeeping | 11 Comments

11 Responses

  1. on April 19, 2017 at 3:53 pm Sherry Studer's avatar Sherry Studer

    This has been quite an education! We use colored tags and “signage” to
    convey the discount. We are left with A LOT of clothing that ends up deeply marked down. NOT GOOD. We have considered a 3 markdown tag however feel pretty apprehensive about that. Seems as though most would agree including you, Kate.
    Thanks for sharing your expertise!


    • on April 19, 2017 at 4:37 pm Auntie Kate of Too Good to be Threw's avatar Auntie Kate of Too Good to be Threw

      Hi Sherry, It IS a lot of work to do hand markdowns, but I am a firm believer (as you can see, if you followed all my links on this post!) that customers actually SEEING how much something is right now (and also NOT seeing how much it would be if they only came back later) is the profitable way to go. For more on the subject, check out the Manual.


  2. on April 19, 2017 at 12:36 pm Hanadi's avatar Hanadi

    I considered the colored tags when I first opened because a certain big consignment chain in my area used it and I figured, they must be doing something right! Luckily, I decided against it. Doing markdowns by hand is certainly time consuming. But it’s the best way to see what isn’t selling, and I can be more discretionary about marking down certain items that may need to be marked down more or not need one yet. Also is a great opportunity to make sure everything is sized right and buttoned/zipped/and tied right on the hanger.


    • on April 19, 2017 at 4:41 pm Auntie Kate of Too Good to be Threw's avatar Auntie Kate of Too Good to be Threw

      Hanadi, sounds like you read and heeded TGtbT The Manual. That makes all my work worthwhile LOL


  3. on April 19, 2017 at 12:18 pm Unknown's avatar Detailed info on markdowns? | Auntie Kate The Resale Expert

    […] more Markdown Madness […]


  4. on October 3, 2012 at 11:18 am Unknown's avatar Even 20-to-30 year olds don’t like math. « Auntie Kate The Resale Expert

    […] Explore this concept further: These shops not only require their shoppers to do math, but to parse sentences. […]


  5. on July 10, 2012 at 1:03 pm Recycled Sallys's avatar Recycled Sallys

    We use colored tags, but only for our own record-keeping purposes. We move items that need to go on sale to a sale rack- since I am a sale-rack shopper. Otherwise if we have a sale we do an all-inclusive. Or put things on our dollar rack that is on the sidewalk.


  6. on July 10, 2012 at 9:38 am styleplusresale's avatar styleplusresale

    Yes, yes, yes. One year under my belt and I am over the colored ticket stuff. I am marking down merch. on a regular basis. (Even if it kills me) One thing regular markdowns have helped me with is seeing how much crap I have taken.
    And that is another thing that won’t happen this fall.


    • on July 10, 2012 at 10:08 am Auntie Kate of Too Good to be Threw's avatar Auntie Kate

      Way to go, Styleplus. AND I see you’ve started your blog! Best wishes and hope that my page about Blogging for Resale Shops has helped. I plan on adding to it, so keep it bookmarked.


  7. on July 9, 2012 at 1:38 pm YourStuff KidsStuff (@yourstuffkids)'s avatar YourStuff KidsStuff (@yourstuffkids)

    I love to shop in other resale shops, but invariably I always fail to notice these signs until I have already passed up items because of price. Then I don’t want to try to find them again to see if it had the right color tag.


    • on July 9, 2012 at 1:54 pm Auntie Kate of Too Good to be Threw's avatar Auntie Kate

      Exactly! As per my experience: https://auntiekate.wordpress.com/2007/10/28/how-to-get-browsers-to-buy-less/
      And we’re resalers ourselves… if WE run into this situation, imagine how many “regular” shoppers do! Money walkin’ out the door… but “we’re too busy to do markdowns” is the objection I hear 90% of the time.



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

    • Are you #1?
    • Have a heart, times two. Perfect window for your consignment shop.
    • How to open a (wildly successful) consignment shop
    • Are most of your customers women? Do they support other women?
    • Christmas Eve Disasters... Resale-Style
    • Got a moment? Get a brainstorm or at least a compliment

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