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Archive for the ‘economics of resale’ Category

Consignment and resale shopkeepers: always on the job

It's a pleasure to do my Weekend Warrior assignments. (See, you read this caption first, didn't you?)

See last weekend’s Warrior suggestion.

What’s a weekend to a retailer? It’s time to work on your business, even if you may not be working in it. Your weekend projects could be more valuable to your shop than you realize.

This weekend, let’s work on captions…

those captivating, compelling communication devices that are so easily overlooked. Fortunately, they are easy to go back and add, which is your weekend warrior assignment, should you choose to accept it.

Why bother with captions? After the headline or subject line,

or a subhead like this,

the most read area (more…)

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Nothing like a BackAgain Buck to draw them in again!

Nothing like a BackAgain Buck to draw them in again!

One of the most generous coupons or discounts you can offer in your consignment or resale shop is the Slow-Time-Before-The-Season-Change coupon, commonly called BeBack Bucks, BackAgain Bucks, Come Again Coupons, and the like.

You can afford to give what is perceived as a very valuable shopping perk because:

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It’s easy: simply DO what 9 out of 10 of your consignment, resale, thrift peers are not doing…that your market place wants.

9 out of 10 shops have no (more…)

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Dance cards are those archaic little booklets that were given to a young lady at cotillions and balls. With a teeny pencil tied with a ribbon attached, young men would write in their names on the young lady’s card, claiming her dancing company for each song. Hence the expression “pencil me in.”A popular young lady's dance card, all filled up

Of course, an empty dance card bespeaks a wallflower.

Now I assume you don’t want your consignment or resale or thrift shop to be a wallflower.

So if you use a Google calendar or any calendar on your web site, whatever you do, don’t leave it looking like there’s nothing going on at your shop. You and I known there’s plenty going on…so why not let your adoring public in on it?

This thrift shop's calendar has only 3 entries for the month.

The shop’s calendar only has 3 entries…and all, alas, are negative.

What could this shop have put on their calendar? Well, Happy 4th of July. Fall fashions coming soon. Check out our new book department. And that’s not even counting any promotional events. Or town happenings. Or even inspiring quotes.

Nothing happening at this consignment shop? Hard to believe.

Look at all that image-enhancing space you could use.

Absolutely nothing out-of-the-ordinary happening at your shop? Then list the ordinary things: Come see our new window display or Monday’s a big incoming day…so get on in Tuesday to get first dibs. Or create a promotional event that needs no more than a name and attitude: Wacky Wednesday if every customer wearing a wacky pair of shoes gets a WHACK (Wonderfully Humongously Adorable Consignment Knick-knack, e.g. a pick from your basket full of beribboned little treasures that have been saved from your ODs)

Can’t think of a THING to put on your shop’s calendar? I can think of 229 of them for you…here’s one:

224.    August 19 is Coco Chanel’s birthday. She was the first person to popularize menswear for women and, of course, created the “little black dress.” Use your imagination: what’s the “little black dress” of home decor or kidswear? –Idea #224 from Resale’s BEST Promotions. *

Resale's BEST Promotions from TGtbT.com

* And don’t miss idea #214 in Resale’s BEST Promotions about Encouraging Incoming: #214 is JUST the idea you need in the middle of July, and is the first of FIVE ideas on that topic you can use on your “dance card” calendar and in your shop.

Save

Save

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Clear it Out & Clean Up: Bag Sales, Dollar Racks & BOGO  Deals

Click to add to your Resale Business Library

Okay, before you have your final summer clearance, before the bag sale or the dollar rack or the BOGO just-get-it-outta-my-sight sale:

Pull your pakaways. They’ll do more for your business at a later date than they will right now.

What am I saying? Take stuff that (more…)

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