Posted in Shopkeeping talk, tagged consignment, recycle on February 12, 2008| 2 Comments »
Crocs is going to shoe the world. Read about how they are going to recycle “worn-out” Crocs into another shoe destined to protect the feet of what’s commonly called “the third world.”* Here’s a posting of the AP story.
And here’s the Crocs site explaining it all. You will notice the Wear a Pair/ Share a Pair promotion, which invites (more…)
Posted in economics of resale, Shopkeeping talk on February 10, 2008| 2 Comments »
But you know what? There’s an UPSIDE to all this negative stuff. And it is two-fold, which means you, as a retail owner, (more…)
Posted in Shopkeeping talk on January 30, 2008| 7 Comments »
Here’s a problem unique to resale, consignment and thrift stores. It’s called:
ONE OF EVERYTHING
and it’s a real challenge to a shopkeeper. How can you display for sale items as diverse as a velvet loveseat, a pair of vintage Frye boots, a crib mobile and dozens of platters and hundreds of t-shirts?
And then, when you get THAT figured out, guess what? Next week you’ll have a dog kennel, someone’s paperweight collection, and six, count ’em six, dining room sets.
Those “new” retailers have depth: lots of Brita pitchers or Barbies or bananas… so they can store the extras in their back room. We, on the other hand, have
ONE OF EVERYTHING
and we need (more…)
Posted in Shopkeeping talk on January 23, 2008| 3 Comments »
It has long been a truism that 5% response to a direct mail campaign is respectable. This holds true not only in the consignment and resale industry but across the board.
Sounds so low, doesn’t it, especially when you thought you had an offer they couldn’t refuse. But 5% is good, for any offer…even when the offer is, you thought, irresistible.
Actually, I have never (more…)
Posted in economics of resale, Shopkeeping talk, tagged HowToConsign.com on January 21, 2008| 2 Comments »
Now’s the time when the bravest of us start gathering our previous year’s information together and mulling it over. A whole year’s info can be a sort of treasure map, if you look at it from the right angle.
In my case, “mulling it over” means “avoiding doing the actual math that I need for my tax return.” I find mulling much more rewarding, and less…umm, taxing if you will… than adding and subtracting line 39 from 57 1/2.
Using my statistics, some insights into the resale and consignment industry as a whole:
♦ Too Good to be Threw, my site for shopkeepers, was busiest in (more…)
Too Good to be Threw is the flagship site of the TGtbT Family of Sites for the Professional Resalers
Auntie Kate The Resale Expert 