If consumers switch from luxury, designer, high-quality goods to discount-store brands because of all the economic woes they feel right now…what will that mean to incoming goods in consignment and resale shops 12 or 24 months from now? Continue Reading »
In my continuing series Things I’ve been Meaning to Tell You, I’ve wanted to include having an elevator speech.
An elevator speech is something you should always have handy…even if you’re a resale shopkeeper whose nearest elevator is full of grain. It’s a short, Continue Reading »
Posted in I've been meaning to tell you |
How to open a consignment or resale shop in 10 easy steps:
Tens of thousands of consignment, resale, and thrift shopkeepers have used Too Good to be Threw, The Complete Operations Manual, to start thriving businesses. When people ask me for the “short version” of my 200+ page manual, I give them this checklist so they can decide of a resale shop is for them.
1- Determine a desire. Is this truly what you want to do? Consider exploring the field thoroughly before you
invest your energy, time, money…and heart…in it. The investment will pay off: either you will start your business ahead of the curve or you will decide that resale shopkeeping is not for you.
2- Know if there’s a need. What shops exist now in your marketplace? What are their Continue Reading »
Posted in economics of resale, Shopkeeping talk | 79 Comments »
One of the less-known ways to make your consignment, resale, or thrift shop really succeed is to draw a crowd.
Because nothing draws a crowd like a crowd. When potential shoppers go by, other Continue Reading »
Posted in Shopkeeping talk | 7 Comments »
I’m easily set off on a resale rampage. Just tell me something that has
NO basis in good business, and watch the froth build up around my lips.
This rampage, which I try to hold in check most of the year, is really important for me to let fly now, as the fall-to-winter-to-holiday shopping season begins, the most important time of the year for consignment and resale shops. Here’s what was said on our Sharing discussion board that set me off on today’s Froth:
I don’t want to set a layaway policy because I don’t
want to actually do them all the time. I don’t have room.
Froth #1: if you have Continue Reading »
Posted in Shopkeeping talk | 3 Comments »
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