Feeds:
Posts
Comments

What if you looked at your consignment, resale, or thrift shop differently in 2012?What If…

you thought of your consignment, resale, or thrift shop just a little differently in 2012? Would your shop be more successful? More fun to run? Would you find unexpected supporters and fervid fans if you just approached things a tiny bit differently?

This week we’ll present a few What Ifs for you to consider. And what if you took the kernel of one of my what ifs and modified it for your business? What if my idea, and your interpretation, and someone else’s version combined… can you see where this is going?

What if you dared to be greater than you already are?

What If? You changed the way you thought of incoming goods? Whether you buy outright, deal in donations, or consign, this Auntie Kate question might have you thinking about your intake procedures:

“Help me please! When new consignors call for an appointment and we can’t fit them in for months, some just laugh. We try to take 4 or 5 appointments a day.” “I have to turn down new consignors every day. I take one new consignor a day. I’m backed up for three months.” “I want to read about how many items to accept and methods for getting items on the floor more efficiently.”

Auntie Kate answered:
Processing incoming merchandise can be a business-killing bottleneck. The most productive shops have systems to ensure their sales floor is full of fresh new items without detracting from their sales activities and without sacrificing their patience, good humor or family life.

The keys to effective acceptance are simple:

  • Accept when your suppliers can come in, not when it’s convenient for you. Give your suppliers what they want: a quick, easy, convenient way to bring items in.
  • Don’t waste time ondecisions. Mulling over the price of a t-shirt for 10 minutes can mean the next consignor (the one with the designer bags) decides the wait is too long.
  • Arrange your acceptance area for efficiency. Having to shift goods, dig out forms or even your computer, or tripping over hangers will slow you down. Spending five minutes too long on each batch can mean a full wasted day a week.
  • Don’t lose time on mistakes. Lost a whole batch? Whose items are those? Where are the tags for these? Where are the things for these tags? You know what I mean. Develop a system that works and stick to it.
  • Don’t perform tasks less-experienced people could do.
  • Design a way to handle overflows. Consider a variety of possibilities, from a “free-for-all” day to a Drop-&-Run system. You may be killing yourself trying to fulfill expectations you think your suppliers have without realizing that they might be delighted with an alternative.

Imagine what you could do if your intake structure reflected your desire to grow your business.

There’s more What if‘s all this week… look forward and back. 

Photo courtesy of http://www.flickr.com/photos/libraryman/

Save

What if you looked at your consignment, resale, or thrift shop differently in 2012?What If…

you thought of your consignment, resale, or thrift shop just a little differently in 2012? Would your shop be more successful? More fun to run? Would you find unexpected supporters and fervid fans if you just approached things a tiny bit differently?

This week we’ll present a few What Ifs for you to consider. And what if you took the Continue Reading »

What if you looked at your consignment, resale, or thrift shop differently in 2012?What If…

you thought of your consignment, resale, or thrift shop just a little differently in 2012? Would your shop be more successful? More fun to run? Would you find unexpected supporters and fervid fans if you just approached things a tiny bit differently?

This week we’ll present a few What Ifs for you to consider. And what if you took the Continue Reading »

 TGtbT.com 's New Year's wish for consignment, resale, and thrift shopkeeper friends

  Have a wonderful, healthy, happy, profitable 2012, from Kate Holmes of
TGtbT.com & HowToConsign.com

 
Image borrowed from http://thehappyhoop.com/

Bag Sale$, Dollar Rack$ & BOGO Deal$

How consignment, resale, and thrift shops clear out and clean up!

A Too Good to be Threw Product for the Professional Resaler

So, you’ve had your seasonal clearance sale and you still have things left over, even though you slashed prices by 75 or 90%. What do you do with the remainders? You clear them out…and if you’re wise, you clean up— in a money sense— at the same time. Just imagine what you could do with the extra income. You could kick-start the oncoming season for greater sales and bigger profit margins. You could donate more dollars to your charity if you are a not-for-profit shop, or you could gain good will and word-of-mouth from such an event. Or you could simply sock the excess away to cover the inevitable slow times.

Bag sales, dollar racks, and BOGO Deals can be fun for you, fun for your customers, and a great way to get customers in to your shop…customers who may well have never visited before. They can also serve to clear out your back room.

These sales can serve in other ways, besides simply clearing up the dregs of a past season…
Learn how you can CLEAR OUT & CLEAN UP with these final final final clearance sales
* What to include… and What NOT to include
* How much you need to have for a sale
* Deciding which type of sale
* Where, When, For how long
* Keeping track
* How much per bag?
* Why Dollar Racks don’t have to be $1
* Making it a public relations hit
* Should I always have one?
* The WHOOPS Rack
* The old “sale rack on the sidewalk” trick
* Does it draw attention? Making it spectacular
* BOGO Sales: Do they work?
* Gambler’s sales
* Buy More, Save More!
* How left-overs can be even more valuable
* Was your clear-out sale worth it?

Get your copy of Bag Sales, Dollar Racks & BOGO Deals right now!