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Archive for the ‘economics of resale’ Category

Looking forward to clearing out your racks of winter items this month?

Clearance sales, bag sales, dollar racks (which of course don’t have to be ONE-dollar racks) and BOGO events are great. So’s this idea, which I’d use NOW, before your clearance gets going seriously.

I call it the (more…)

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I don’t have statistics on this, but I strongly suspect that start-up consignment, resale and thrift stores which planned from the beginning to have funds available for support staff, have

fared better, grown faster, and profited sooner

than start-ups which relied solely on the owner working her or his butt off.TGtbT.com says wouldn't it be nice if "working my butt off" was like, for real?

So tell us: did your shop open with just yourself working? Did you feel constrained in your operating hours?

When did you add staff, and what difference did it make in how your business operates and your bottom line?

If you are still, one or more years into your business, working by yourself and/or relying on temporary fill-in help from friends and family, what are your plans for increasing cash flow enough to add a staffer or two or twenty?

Or do you feel that you prefer to be the sole staffer in your shop?

I look forward to your comments!

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All those post-holiday returns? Returns & exchanges could be a resale opportunity, Too Good to be Threw suggests

They have to go somewhere. And those barely-even-touched goods (more…)

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I had a lovely lunch recently with two consignment-shop partners. (Crab cakes yum!) We were talking about how November, December, and January, resalers of all sorts don’t seem to get the customer lovin’ they deserve.

Here’s (approximately) how the convo went:

“They just forget us starting in November.”

“They’re out Christmas shopping and no matter (more…)

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There’s nothing more “local” than resale, consignment, and thrift shops.

After all, we’re not only locally-owned, but locally-sourced as well. In fact, we’re in the forefront of the Dress Local or Decorate Local movement, aren’t we?

Some handy resources for advertising that YOU are the ULTIMATE in the Shop Local movement:

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