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Archive for the ‘economics of resale’ Category

How to Consign (or sell) your underloved items idea brochure from TGtbT.comWhen a potential supplier to your consignment, resale, or thrift shop asks about bringing items in, what happens?

I mean, besides your friendly, upbeat enthusiasm?

Do you have a how-to brochure right on your counter (and in your entry and by the dressing rooms for easy pick-up) that they can take home with them, to

turn their impulse into dollars for them, your shop, your cause?

No, no, no. I do not mean a copy of your consignment agreement or a flier about the good your charity does. Or even “what we buy.” I mean a real, honest-to-goodness how-to handout that will not only

increase quality incoming

but save you time,

and save them face.

If you don’t have a how-to handout now or if yours is not as welcoming as you would like, this would be a good weekend to develop one.

Points to remember as you develop the language for your brochure:

  • Keep it light and easy, open and encouraging.
  • Use bullet points (they’re so easy to scan, aren’t they? You’re doing it now.)
  • Show your personality. Imagine you’re speaking to one person. You wouldn’t boss them around, would you?
  • Brag on your business. Project confidence that your shop will be able to sell their goods well.
  • Point out, in a subtle way, how your shop can help them pass on their underloved possessions better/ more effectively than any of the alternatives available to them.

Don’t forget to include:

  • What’s in it for them (it’s not ALL about the money. Offer alternative reasons to sell their items to you, consign them at your shop, donate them to your cause.)
  • Give them justifications for getting rid of “perfectly-good” possessions (they really do need permission!)
  • A simple, step-by-step way to tackle that big job of cleaning out.
  • A selling message about your shop (after all, everyone’s a customer, even those with overloaded closets and cupboards!)

Then, before you produce your brochure,

check it for spelling, typos, awkward sentence structure. Better yet, have someone else check it (it’s hard to see one”s own mistakes, isn’t it? Happens to me all the time.) You don’t need to follow those 5th-grade grammar rules about incomplete sentences and dangling participles, but you do need to make it understandable.

Then give it to

a handful of honest, eagle-eyed and sharp-brained friends, customers, buddies for their opinion. Does it sound easy? Appealing? Lucrative? Does it present your business the way you’d like to be perceived? Are they all revved up to sort through their stuff?

Sound like too big a job? You have more pressing matters at the shop? You could simply

order the Customer Service Brochures Layout Idea Kit from Too Good to be Threw, which has this brochure and 8 others for $49. Heck, $49 is less than a half-hour’s for a graphic designer. That’s NINE different brochure ideas you can use as the starting point for your own Customer Service Brochures. You can even, if you wish, take the printed-out brochures directly to your local printer, ask that your shop logo, address, etc be pasted in, and order up as many as you like!

Past Weekend Warrior suggestions.

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Only 60 days to Hallowe’en! I can hardly wait.

Time to stir up some biz!

Click to see what Kate's cooked up for your bottom line.

Now, we’re all aware of how the adult costume market is growing and growing, and how Hallowe’en’s not just for kids anymore, and that there are profits to be made. But have you really stopped to think about how important this holiday is to consignment, resale and thrift shops? Time to stir things up a bit!

It can’t be overstated. Those millions upon millions of shoppers…male, female, young, old, rich or strapped and everyone in-between…

are more likely to (more…)

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when is too much when you're looking up0 prices on the web?I had a great conversation with a consignment shop manager when she visited me at the NFP where I volunteer. She mentioned her frustration that some of her staff were

spending 20 minutes looking up the value of an incoming item on the Internet.

And that most often, the resulting decision, after (more…)

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The most frustrating question a consignment shop owner can hearOne of the more frustrating questions any consignment or resale shopkeeper can hear is “How long you been here?” It’s even more frustrating to know that every day, there are potential customers who need to be reached.

Well, get used to it. “How long you been here?” is going to be heard in your shop forever.

I mean forever. Every single day, no matter how established your business is, there are new people you need to attract, people who just BECAME potential clients.

  • Maybe they didn’t need what you sell ’til just now.
  • Maybe they didn’t know what you sell, and how it could be of value to them, until they happened across your business while doing something else. (The theory behind locating near other places which attract your target market.)
  • Maybe they’re in a madcap, girls’-afternoon-out mood and willing to explore new shopping experiences.
  • And just maybe, they recently arrived in your market area, moving to town or simply passing through.

You  have to, 24/7, let everyone know about your business and what it can offer to them. You have to hit ’em when and where they are in need of your goods.

Let me tell you a story.

A few days ago, we decided to go out to lunch. Since we’d be in the neighborhood, and I’d heard good things about a certain restaurant, I thought that would be a good choice. But I was unsure if they did lunch. So I googled them. Found lots of rave reviews, which whetted my appetite. Found their web site, too.

Without the hours or phone number on it. Out of 5 possible links, 3 were completely blank. Nothing. Main page? Cute music and slide show, no address, phone, hours, or even what type of business this was.

Went back to Google, found their phone number on another site, called them. The nice fellow who answered the phone at 11am said no, no lunch, open at 4. When I remarked that the restaurant’s web site was woefully inadequate, he said “The web site is a work in progress.”

Well, duh.

LIFE is a work in progress, yet alone a business or its web site. Is that any reason to handicap a potential client from becoming a customer? Why would not the first thing on that web site be who, where, when, and even what the business is?

Of course, no one can afford to blanket the earth with signs, ads, Facebook and Twitter,bag-stuffers and billboards. The wise shopkeeper balances the effort and money involved to choose her marketing strategies. Not being discover-able on the Internet is a major marketing flaw. Especially when the Internet is the biggest advertising bargain around.

Is your business similarly handicapping your next customer? When they get the urge to go looking for a lunch restaurant, or a place to go back-to-school shopping or to find that wonderful Halloween costume idea...will they be led to your business? Think about how customers look for businesses that will fulfill their immediate needs. Will they find you? Will they find the info and the impetus to visit you?

Business literature abounds in ideas to “keep” your business number one. Here’s what resalers had to say about that. And here’s even more ideas. But alas, I don’t see as much energy and imagination going in to attracting the never-been-in-before customer.Glad to DISCOVER you! is what you want to hear in your resale shop

Choose your marketing tools wisely, considering not only your current clientele, but your potential audience. If it’s true that less than 15% 0f possible shoppers shop resale (and even fewer remember to shop secondhand first!) , what are you doing to tempt, lure and attract those who have never been in?

How do YOU turn “How long you been here?” into “I’m so glad I FOUND you!”?

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borrowed from http://katewilkey.blogspot.com/Thinking about designing a commercial?

The most important points to remember:

Keep it upbeat and movin’:

This one’s got energy (edit: no longer available, just imagine it 🙂 )…but alas, you can’t tell what shop it is until the last 2 seconds. I can’t believe that a production company overlooked that “small” detail. A sharp client/shop owner would have realized that and sent the company back to the drawing board (err, video editing software!)

Design it for the audience you’re looking to reach.

Every teen wants to look like she’s ALMOST too cool to go to prom, right? This is a focused-audience commercial, and it would need to be broadcast where and when the particular audience is likely to see it. That includes, of course, including it in every variety of social, online media you can gather.

Commercials for other things, to inspire you:

40 cents a day has a serious message, but with no disrespect…50 bucks can get you half of this shoe/  the camisole beneath this lace blouse/ the thigh and shin of this pair of designer jeans….or it can get you this entire outfit at MyShop….

An oldie, I Buy at Alexander’s… great message that is so adaptable.

Camera operator photo from here.

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