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Archive for the ‘economics of resale’ Category

There’s profit sitting in your consignment, resale or thrift shop right now… in the most unlikely form. Unsaleable, unsold, even discarded items can make the merchandise you DO sell look so much better, that your profits can soar!

Use… and reuse, to increase the perceived value of your goods

For-sale, unsold, even unsaleable books make great risers in vignettes, displays and swing-shop tabletops. By varying heights and putting goods on a “pedestal”, you show that a simple statuette or vase could look wonderful in their decor. Same idea: costume jewelry as brooch on cocktail dress or clutch bag, silk flower pinned on straw hat.

Use unsold or for-sale books in your consignment shop as props and risers(Photo courtesy of Ciao!)

How this works: Show merchandise in the context of customers’ dream lives to build its value to them. Tuck some flip flops and a pair of sunglasses into a straw beach bag, fill a playpen with stuffed toys, loop a bandanna in the strap of a coverall.

Use… and reuse, to increase sales

For-sale, or even not-good-enough-to-resell, tables, lamps, baskets and trays gather and present goods, leading to sales of items which might look forlorn on their own. Here’s an example:

Merchandising a recycled batch of home decor by TGtbT.com

Click for more ideas.

How this works: Props take a mundane resale shop into the realm of treasure chest.

Use… and reuse, to build multiple sales

Pile on not only your current merchandise, but even, perhaps, “saved” goods which didn’t sell before. For example, this great belt display on a mannequin needs LOTS of belts… the first layer of which could be some saved, not-so-great belts:

A wire sewing frame becomes a belt display

Click for more recycling = profit ideas

How this works: Showing a multitude of belts (or beads or candlesticks) all in one place makes your browsers crave more than one!

What are some ways you have used unsold or unsaleable goods to build your shop’s profits? Share with us in the comments!

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Agree? I do. His “recap” is what (more…)

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Making money with smilesAs shopkeepers, we all strive to be kind and nice and friendly. We want our clients to be happy with our business policies and happy with us.

But there’s a balance we have to strike between accommodating and operating a profitable business.

And how to find that balance is today’s (more…)

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Delegating responsibility can be a consignment or resale stumbling block.Lots of consignment and resale shopkeepers have trouble delegating.

Even more shopkeepers think that since they don’t know how to delegate effectively, they might as well just do everything themselves.

Such fears can actually (more…)

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Thanks Tara, for this great idea: Getting your social media followers to (more…)

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