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Archive for the ‘economics of resale’ Category

As you can guess, my answers to our headline question will be positively in the affirmative. But before we get to explicit idea-sharing, let’s take a look at one seasonal sale venture: the Just Between Friends event in Tampa, Florida. Follow me, year-round consignment and resale shops, as I explore:

Thanks to my Just Between Friends Sale HQ friends, Shannon and Daven and Michelle, as well as the Tampa-area franchise owners Holly and Christina Ruhlig (they’re married to brothers), I was invited to poke around at the JBF seasonal sale in Tampa this week.

A consignor wheeling toys in, in a laundry cart

A necessity for seasonal sales: laundry carts so consignors can put their own big items on the selling floor.

Seasonal sales depend on three groups: the consignors, the volunteers, and the franchisee owners. I think consignment, resale, and thrift store owners can learn from, teach, and work with seasonal sales, so let’s take a look at all three groups. First:

The Consignors: Intake Day

I arrived (more…)

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Kate reports on JBF procedures to TGtbT fans!

Kenny's driving. Like I'd get lost or something.

I’ve been invited by the powers-that-be at Just Between Friends Sale HQ, Shannon and Daven and Michelle, as well as the Tampa-area franchise owners Holly and Christina, to be the fly on the wall during the seasonal consignment sale’s intake day. It’ll be an interesting resale experience, I’m sure!

I’ll be looking for (more…)

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Is cheap the only motivation in consignment and resale shops?One of our consignment/ resale shopkeepers was feeling rather down, and she insisted that

the ONLY thing motivating (her) customers was price.

I disagreed.

Here’s (more…)

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Clothing swaps, a way to recyleWe’ve talked before about the various forms our resale industry can take. It can be quite illuminating to view the recycling of gently-used good clothes, previously-enjoyed home decor, and the like from a slightly different angle.

What could you learn from such resale angles as these?

Here’s a site where (more…)

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Buying Outright. Easier or harder than consigning?As you gear up for your spring incoming, would life be easier or profits better if you bought outright?

How do you get started?

Should you buy it all or just some?

Should you offer suppliers a choice?

How much to pay? HOW to pay?

How much to price it at?

How do other (more…)

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