Our customers and consignors were asking for more than children's merchandise, so we decided to branch out and make our store a department store. Be a shopper-consignor these savvy individuals know how to make the most of every purchase they make from Stuff Etc or the mall. SENIOR DAY:Every Wednesday in our store is Senior Day! The most important thing to know about consignment sales is that they are only worth it if you have a large selection of things to sell. Save my name, email, and website in this browser for the next time I comment. Corporate Office Your email address will not be published. They have yard sale sunday and you can post stuff for sale on Sundays only. I had done it under what I think was their earlier system you ship a box directly to someone and it was a huge loss for me. The selling sites on Facebook are worth selling childrens items or what else you want to sell on there to get some extra cash. ThredUP accepts women's clothing, purses, shoes, accessories, and maternity wear. After all, if they cant resell it, they cant make a profit! You can find all the latest home dcor and furniture styles plus dress the entire family in the brands you love. You own the product, in their shop, and are responsible for stocking the store shelves. The shop offers a consignment percentage of 75% for designer items. Determine your stock agreement by discussing how many you're trying to sell per design and at what price. RYK Posts: 35,651 . STUFF ETC - 14 Photos - 1210 Flammang Dr, Waterloo, Iowa - Used - Yelp Consignment shops are for-profit businesses that specialize in reselling items. Accepts some online sales. Click on the store button to view ourfeatured products from the comfort of your home! Three top designers that are on the hunt of Tradesy shoppers are Louis Vuitton, Chanel, and Coach. Have you gotten your Early Bird Ticket yet? They were able to tell from the label. Stuff Etc headquarters are located in 2818 Commerce Dr, Coralville, Iowa, 52241, United States, Stuff Etcs main industries are: Retail, Auctions, Retail, Stuff Etc appears in search results as Stuff Etc, Stuff Etc Quality Consignment, Stuff Etc Waterloo, Get Free Access to Stuff Etc Contacts Info. It was very informative. Coralville, Cedar Rapids, Clive & Dubuque Tuesday thru Saturday 10 AM to 7 PM, Iowa City location accepts consignment Tuesday thru Friday from 10 AM to 7 PM and Saturdays from 10 AM to 5 PM, Waterloo location accepts consignment Tuesday thru Saturday from 10 AM to 5 PM, Davenport location accepts consignment Tuesday thru Saturday from 10 AM to 5 PM, Ankeny location accepts consignment Tuesday thru Saturday from 10 AM to 5 PM, Consignors may bring in one 15 gallon bag or box, Unaccepted items will not be given back to consignors, Unaccepted items can be returned to the consignor; must pick up within 48 hours after receiving item list email. Totally worth it! This can be a great way to get the most for your money at your easiest convenience! People post a picture and price of their item, people comment interested or Next (for next in line) if they would like to purchase. They find stores like boring. Every time I take them into consignment or pawn shops, I get offered quarters for nice clothes. Please use this reference guide when preparing your consignment items for drop-off or pick up. The platform accepts most items, as long as they are capable of being shipped. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Privacy Policy & Terms | I had an experience with a consignment shop that was not a good one. Or are you wanting to really recoup as much value out of it? The term second hand store can mean a lot of different things to a lot of different people. Apr 6, 2010. This definition encompasses both thrift stores and consignment shops, which are very different types of business. Suppose you take a designer purse to a local consignment shop. Selling your stuff second-hand is a great way to clear out your house and pocket some extra cash. The consignment percentage calculator then determines what percentage of the retail selling price should be paid to the consignee as their fee. As an apartment dweller its ideal! After the sale, you can either collect your items or have them donated on your behalf. The resale store full of donated goods down your street might not be labeled a thrift shop. Recently though, FaceBook buy, sell, swap, yard sale pages have popped up. Create your store. You can arrange the sale for a public location without them coming to your home! Don't underestimate the importance of the service you provide . 2. There can be extra costs such as transportation fees, photograph fees, reserve fees, and buyback fees if the item is unsold because of a reserve. organization, etc. 21 apps for selling stuff online or "near me" in 2023. . That is, the retail shop owner will typically pay you 50% of the suggested retail sales price up front. Required fields are marked *. As the owner, youd pay a small fee to the shop as compensation for them selling your item. Generally, it is best to price your items 50% to 70% less than the retail price. Your Guide to Consignment Shop Ownership, Consignment Shop Confidential: Short Stories from a Ladies Consignment shop, What You Need to Know When Starting a Retail Store: Tips to First-time Retailers, Cost and Expenses of Starting a Shoe Retail Store Business (Part 3), Keys to Success in the Clothing Retail Business, Starting a Specialized Clothing Retail Store Business, How to Succeed in the Shoe Store Retail Business, How to Sell More Online: 40 Tips for the Small Online Entrepreneur, The Best Managers & Team Leads Will Have These 7 Qualities, Professional Services That Save Your Business Money, 6 Low-Cost Business Ideas for Entrepreneurs on a Budget. More about Emma's credentials. Similar to pawnbrokers or pawn shops, consignment shops sell secondhand items on behalf of the original owner, who receives a percentage of the selling price. Simply put, if it looks good and tastes great, people will pay for it. Ive even heard customers ask other customers where our bathrooms are. What Is A Fair Consignment Percentage? Average? Typical? Apply today! Jewelry Consignment Percentage by: Rena. Winner of Parents magazines Best of the Web and a New York Observer Most Eligible New Yorker," her #1 bestseller, The Kickass Single Mom (Penguin), was a New York Post Must Read. The costs and procedures drastically vary from platform to platform. They buy gently used clothes and accessories for teens and young men and women. The week before the sale, youll prepare your items with tags specific to your sale (most sales have a website with full information). Consignment shops typically take a 40% commission, which is considered a 60/40 split. We rented a 21,000 square foot space on the west side of Cedar Rapids. ThredUp pays up to 80% of the sale price, but the site is very picky and reviewers complain that very high-quality, in-style luxury brands are reject (or worse, rejected and then posted on sites like ebay). YES, truly this is the most commonly asked question at Stuff Etc! Why Consign your Quality Used Clothing or Housewares with Stuff Etc? Storage. However, I think the pawn shop description is wrong. It's a highly trafficked store, and very close to us. Sell broken appliances to a recycling center for scrap or list them on eBay. Ive been using Craigslist and Amazon.com for secondhand sales. The seller goes in order of interest and through private message the two agree upon a price and method of exchange, most meet in a store parking lot or other public place. At the end, they offer a quote for the cluster of items theyre interested in. 11 Tips When Selling Through Consignment Technically it's not a consignment shop, but you can find gently used clothing and accessories for a pretty good deal. Second, you can list your item in one of Facebook's "Buy and Sell Groups.". Once they accept, you drop off your items at the consignment store, receive a receipt, and then leave. Don't miss the Half-Off Sale at Stuff, Etc. - KWQC Profit Splits. Sellers get paid on a sliding scale. Always be happy and talkative. Buffalo Exchange is an example of a brick-and-mortar consignment clothing shop that now offers online, mail-in sales. How to Make Money on eBay Selling Consignment for Others With some apprehension, we rented an 8,000 square foot space in Coralville. Coralville, IA 52241, Copyright 2023 Stuff Etc - All Rights Reserved, Determine the location of your Stuff Etc consignor account, Be sure your email address is on your Stuff Etc account. Something is very suspicious with their operation. Its a highly trafficked store, and very close to us. If your item doesnt sell within that period, some shops will discount the item (by say, 30%), or you will need to pick it up. Top 11 Best Places to Sell Handbags Online - AVADA Commerce Blog After your item sells, you receive a portion of the selling price, usually 40 to 60 percent (I receive 60). What is consignment in retail? - koronapos.com People often under-estimate thrift stores, but with some patience, you can walk away with some great items! 12. The pro to a classified ad is that you have more control over your item, but that also means you have more decisions to make and more responsibilities to get it sold. Occasionally, I take womens clothes to consignment, but it generally only yields $30-$40, its hardly worth it. I have donated to all them for years nd when I go into the store to look around I will see an item that I have donated nd the price is extremely high .. Why ? We dealt only with children's merchandise and country crafts. They should sell items as if it were a garage sale a couple bucks- a few cents!!!! You bring your item into the store to be sold during a certain period of time. . As long as the item is in excellent condition, I will sell it. Poshmark is an online consignment shop, similar in many ways to ThredUp and Mercari. Simply provide your zip code, and it will yield Google results for consignment shops in your area. Best Online Consignment Shops. All items include a $3.50 listing fee. For example, if you bought a $20 toy for your child, then it should be priced at $6 to $10 . This article may contain affiliate links that help support this website. Half of my clothing were passed on because they were to old. We are so busy in fact, and sell item so quickly that we never stop taking items because we are too full., Perhaps you should mention that your information may only be about the area where you live and not ALL consignment shops. At Stuff Etc our bathrooms are always located near our Changing Room areas. Makes me sick to see babies toys, cloths, little shoes, high chairs, and TONS of housewares, curtains, furniture etc.. thrown in trash. Required fields are marked *, Notify me of followup comments via e-mail. Bonanza also has a nice feature that allows you to send the items you plan to sell to Google shopping. We started out in 1985 with the name of Kids Stuff and Kountry Kreations. they are usually local, a little less creepy than craigslist cuz you can look at the other persons profile and no percentage or shipping costs! All the risk falls on the store. 14 Legit Consignment Shops To Make Extra Money: Sell Clothes Its been 38 years, Iowa!! Sunday 11am - 5pm. After this time, if a sale is not made, the goods are returned to their owner. that have already been owned and used. I own a childrens consignment store and we are very busy and have a few thousand consignors. Pays cash. Typically, when you sell clothes, accessories, furniture, or appliances via consignment, you take your item to the store or send them photos of larger pieces and the consignment shop will decide whether or not to take your item. Online reputation can be a good indicator of what to expect at that consignment shop. Iowa City, Coralville, Cedar Rapids, Waterloo, Davenport, Ankeny, Revenue is usually split 60 percent to the store and 40 percent to you, although everything is negotiable. With classifieds (person-to-person sales), you can save that money, but now you are the one connecting with potential buyers, negotiating prices and handling the transaction. Our website also has a coupon or two on it each month PLUS we provide discounts when you use your Stuff Etc recyclable shopping bag. Some shops offer you higher percentages if you take in-store credit instead of cash. You can read more about this in one of my earlier post Finding the Right Auction House to Sell Your Antiques. Stop by a Stuff Etc store todayand see how we fit your style. Its mind blowing. Stop by a Stuff Etc store today and see how we . Especially if you live in a big metropolitan area or near a ritzy neighborhood. The Best Online Consignment Shops. Established in 1985. Don't undersell yourself or . Its important to point out that some second-hand shops operate solely based on donations. Such stores may be referred to as vintage clothing stores, antique shops, used clothing stores, or thrift shops. Thats a great look at consignment stores. In my opinion this article incorrect. Similar to Platos Closet, Buffalo Exchange is a clothing consignment brand with locations throughout the United States. At Around the Block, our consignors receive 60% of an item's final sale price. Search for a Buffalo Exchange in your city. This is where you have to look at your priorities for time and money. What Percentage Do Furniture Consignment Shops Take? In this brief guide, we'll cover what a consignment is, as well as look at its pros and cons. What Is Consignment? Consignment Meaning and Trends Stuff Etc raised a total of $350 K in funding over 1 rounds. You're providing a valuable service. Stuff Etc Profile and History. At its most basic, it simply refers to a venue that specializes in selling items (like clothing, shoes, handbags, furniture, etc.) If you believe that your item still has value and that someone would be willing to pay you for it, such as designer clothing or handbags, then your best bet will be to approach a consignment shop first. This marketplace will advertise your item to anyone in your vicinity. In December of 2005 we opened a second Cedar Rapids store on the east side. Several people put their items in the sale with their names marked. Consignment shops are locally owned businesses with a mom-and-pop feel. This is a great option if you want immediate, same-day results and never worry about your crap again. Jewelry stores and antique shops both may purchase your estate and vintage jewelry either for a flat rate or on a consignment agreement. Quality Furnishings and Housewares. Remember, all these businesses share a desire to purchase high-quality, clean items in good condition that are currently in style. Not sure what else you can sell? However, the consignee has the right to return unsold goods back to the consigner. It might be a fairly inexpensive way to learn how or if a new product will sell. Watch these brief how-tos for a quick overview. If there was a Stuff Etc trivia game, how well do you think you would do? We called the consignment shop a month after we moved and they told us they thought they would be selling it in the next day or two. Here's a list of what to cover: Inventory. Our years of experience have given us a great idea of what sells, and what doesnt. Sunday11am 5pm. It is a personal choice for how you want to get rid of your used valuables but it can make sense to outsource the sale of clothes, furniture, jewelry or other valuables to a retailer who knows how to advertise, display and sell. They set their own terms for how their consignments work, so its important to research the store policies before committing. This is the route that allows me to get the most money out of my used crap, most efficiently. I found this entire article to be full of misinformation. Totally worth it! Find your style at Stuff Etc Coralville! What Is Consignment? Consignment Meaning and Trends Pricing Baked Goods: How to Figure Out Pricing For Your Bakery Meanwhile, in Coralville, we began building a new store on Commerce Drive that was 36,000 square feet on 2 levels (our current location). Our demand for these items is year round . Instead of purchasing items from sellers to then resell, thrift shops are dependent on donations, which they then sell on to consumers. Draw up a contract outlining the terms . There are actually several nationwide chains that resell goods under pawn-shop policies, like Half Price Books and Platos Closet. Continue to 9 of 10 below. And YOU get stuck, STORING. I would have gladly donated them to a family in need instead of lining the pockets of a scammy corporation. I have found Facebook Yardsale sights to be the very best for selling stuff. Its standard for you to drop off your items for a 30-, 60- or 90-day cycle. Anyone know what Heritage's selling commissions are? See what employees say it's like to work at Stuff Etc. You might use consignment selling for market testing. Now it's time to figure out the details. So the coin hammers for $100, Heritage collects $115 and pays the consignor $90. Like ThredUp and Poshmark, Mercari is an online consignment shop. Id love to find a place like this. Selling on consignment can vary in details depending on where you sell, but the gist is this: If your item does not sell, or does not sell within an agreed-upon time, typically you can get it back. Coralville, IA 52241, Copyright 2023 Stuff Etc - All Rights Reserved. We can reuse those plasti twitter.com/i/web/status/1, 12 Days before our BIG 1/2 PRICE SALE!! I assumed that all shops gathered their inventory by buying goods from people directly, or from donations. Most furniture consignment shops' percentage is either a 50:50 or 60:40 split in favour of the consignor (the item's owner). Answer: Yes, we do! Making sure they were clean, recognizable brand names and called the store to check what they were accepting. It varies from state to state. Selling Online. etc. What is the different between a consignment store and a thrift store? How it works for the seller (or in this case, donater). Iowa City location accepts consignment Tuesday thru Friday from 10 AM to 7 PM and Saturdays from 10 AM to 5 PM. How to sell your timepiece for the highest price, What you need to know about jewelry appraisals and where to find one, How to sell your engagement ring for the highest price, Understand what your diamond is worth and how to sell it, Either they purchase an item from a seller and then resell it themselves at a markup. Especially Savers. ThredUp will then send you a Paypal payment for the items you sent. The site imposes a staggered commission schedule, paying sellers between 20% and 85% of the sales price. In 2010, we sold our very first franchise in Waterloo and opened our second franchise in Davenport in 2011. YOU 'gotta hope you can LOCATE it in 'storage'. The site pays up to 80% of its retail price, but the Internet is full of tales of very picky selection, and very very low payouts (sometimes less than $1!). You can always cash out too but if you love a deal theres always something great to add to your wardrobe or home from Stuff Etc. How to Consign Furniture and Sell on Consignment Household items must be clean and in working order. I think youll get better results from the next types of second-hand shops classifieds. To get started,read our consignment guidelines, see whatwere accepting now, or drop off 1 tote without an appointment Tuesday Saturday. Our customers and consignors were asking for more than children's merchandise, so we decided to branch out and make our store a department store. With some apprehension, we rented an 8,000 square foot space in Coralville. The tax form for non-cash charity is 8283 http://www.irs.gov/pub/irs-pdf/f8283.pdf (instructions here: http://www.irs.gov/pub/irs-pdf/i8283.pdf). Its easier for us to help you BEFORE you leave the building. Consignment savvy people in Eastern Iowa make thousands of dollars, consigning their high quality clothing, furnishings and more with Stuff Etc with eight locations, we make it convenient for you to turn your Stuff into cash. Customary Consignment Percentage | Trapshooters Forum The items no longer belong to you. There isnt a ton of inventory in these shops, so your item has less competition, but in many cases, there also isnt a ton of traffic coming through the door. You feel good about yourself while increasing your tax deductions, and they place your items on their shelves. It depends on your situation. You can log in to your account whenever its convenient for you and watch your stuff turn into cash! Ive found a system that makes this a no-brainer for me. Online Consignment Account | Stuff Etc Consignment arrangements typically are in effect for a set period of time. Tradesy. Revenue is usually split 60 percent to the store and 40 percent to you, although everything is negotiable. If you've got a valuable piece of furniture, going through a consignment shop means you'll reach buyers looking for well-designed and made furniture and willing to pay for it. Tradesy. It beats selling them at a yard sell or an reselling kids consignment store. What Should I Do If a Domain Name Is Already Taken? Save 10% on their bed in box mattresses during their March M twitter.com/i/web/status/1, Were moving right into our next big sale! Where do you sell your stuff second-hand? After 6 years we outgrew this location and moved into a new location on Pepperwood Ln that had 10,000 square feet. For the rest of it I usually take it to Goodwill just so I do not have to deal with the hassel of having a yard sale or hanging on to stuff in order to have a yard sale and again for me the bottom line is to just get rid of my s*&t as quickly as possible. All eBay /PayPal fees associated with selling the item are to be paid by me. 30-item limit. You might also consider donating your old appliances to a charity or local thrift store if you are unable to sell them. Ive been googling how I can tell from the label myself, but all I can find is the RN number which is not indicative of the year the actual garment was made. When Poshmark launched, it was originally focused on clothing, accessories, and shoes, but the platform has since expanded to include jewelry, childrens toys, art, and home goods as well. If I gave them a check or used paypal, that wouldnt happen. Looking for something new to do? TheRealReal is another online consignment shop, but this one specializes only in high-end and luxury fashion and takes a 30-50% commission. Join us April 15 & 16 for ou twitter.com/i/web/status/1, Stuff Etc WATERLOO now carries bed in box mattresses! The Coralville store alone will reach $3 million in sales this year, hitting its biggest month - $300,000 - in August. eBay Consignment | Danna Crawford, eBay Power Seller Mercari is an online consignment shop where you can sell various things - from unwanted clothes to electric guitars. If you are going to open a consignment store, do NOT limit the type of consignment accepted. There are some items that we just can't take for consignment at Stuff Etc. Stuff Etc Company Profile | Management and Employees List Is it in style? The consignment shop pays you a flat rate, upfront. The consignment store pays you a percentage of the sale price of your item if and when it is sold. You have no idea how long I have searched for ideas on how to get rid of my stuff and make a profit. Answer: Always check for a coupon or scratch card on the Stuff Etc app. Email address. Each Stuff Etc store takes the last 2 years style of clothing and accessories. Theyre widely popular for eliminating the expensive middle man. Jewelry Consignment Percentage - Jewelry Making Journal Its an awesome set up. Any money they make by selling the donations theyve accepted is used to fund the mission of the charity that owns the non-profit. Its 2014 and I just stumbled across this page but just thought it was a bit misleading about pawn shops. Im just going to throw this out there.our most commonly asked question might be a shocker to you. One last tip. The price you charge the consignor should be enough to cover your fees and still provide enough profit for you to be worth your time. In spite of the lousy location for retail, our business started to grow. Stuff Etc. Selling for others on commission - Help - The eBay Community I collected a bunch of clothing from my family to submit to our local consignment store. Answer: We absolutely do! 23 Stuff Etc reviews. And we are going to start it today NOT February 1st! Review the list of stuff we do not accept.

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