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Archive for the ‘economics of resale’ Category

Winter is OVER. I mean, OO-VER!

Your consignment or resale or thrift shop may have some dregs of winter merchandise left. You really want to get rid of them because spring…in a retail sense of course…is just around the corner. But before you turn your back on those 90%-off racks, consider them a tool to refine your business. These underloved unsold leftovers can be (more…)

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Princess Summerfallwinterspring*…how I loved her as a little girl. She covered the whole wonderful spectrum of seasons.

Or did she? I guess Princess SummerfallwinterRESORTspring just doesn’t trip as lightly off the tongue… but it can trip lightly off your January/ February sales, if you let it.

Here’s some advantages of having, promoting, advertising and publicizing an actual resortwear/ cruise department in your resale shop.

The resort/ cruise season as a part of your resale business can be a positive in so many ways:

* First, simply the income generated by providing another “department” for a specific clientele.
* Then, the PR value of a “thrifty” shop offering goods which may be seen as “luxury”…
* And of course the word-of-mouth aspect of same…
* The added reason-to-shop and resulting traffic in January and February by offering resort. They may come in to see the resort wear and buy the winter left-overs, making drastic markdowns on these goods unnecessary
* Giving regulars “first dibs” on warm-weather items, before “the rest of the town” grabs all “the good stuff” This aspect is perceived as a true customer service
* And the ability to psyche out what will sell when spring/ summer finally arrives throughout the shop. Watching what was snatched up in Jan and Feb will help an astute shopkeeper price right (up or down), when warm weather finally DOES arrive.

* Before you wrack your brain, she was on the Howdy Doody Show in the ’50’s. Stroll down Memory Lane…

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There’s nothing like a nice fresh blank calendar to get consignment, resale, thrift shopkeepers dreaming, is there? The whole year, stretched out in front of you.

So many possibilities, so many opportunities.

A blank slate, just waiting for you to write “Best Day EVER!” in at least a dozen of those white squares during 2011. So let’s get started planning those days…

First things you should pencil in (more…)

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It’s time to plan how 2011 will be the year your business grows to be all you dream it can be!

And to plan, you need some tools. Start here:

I’m looking forward to hearing about your plans to make 2011 a quantum leap from 2010 in your resale business, whether you’re consignment, buy-outright or thrift.

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Michelle Singletary writes a down-to-earth personal financial column. This article, while directed towards family budgets, struck me today as directly applicable to resalers and their businesses. Michelle doesn’t pull any punches, so prepare to possibly feel your cheeks redden as you read….
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5 financial fibs – and how to come clean in 2011

l have (more…)

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