We dont have a lot of pawn shop style places for clothes around here, but we have lots of consignment shops for womens clothes and childrens items. 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. You have no idea how long I have searched for ideas on how to get rid of my stuff and make a profit. The shop can take anywhere from 30% to 60% of the profits, so make sure you negotiate! TheRealReal reserves the right to price and discount your item at will which of course cuts into your bottom line, but may also increase the chances of a sale. Id love to find a place like this. She doesnt charge a percentage, but people always give her one out of courtesy for hosting. Corporate Office Think you could answer our 5 most commonly asked questions? The consignment shop pays you a flat rate, upfront. The energy is high, and you can expect to see shoppers cars packed to the brim! Create your store. You and the shop owner work out a deal for a percentage of the sales - generally a 70/30 or a 60/40 split with the . 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!). document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Privacy Policy & Terms | Do I think youre getting the best for your money? According to the site, there are more than 100 million items for sale on the platform, which consists of more than 60 million community members. Auctions are hit and miss. Answer: Stuff Etc is seasonal and to stay competitive with all other retailers we take what you see at your mall. Check the search bar in FB with your neighborhood or city name followed by yardsale to join a group in your area! . Usually, the consignment store chooses how to display and price your item. Just drop it off and get something for it.What is the name of the place you go to? However, our apprehension was quickly replaced within a couple years with an urgency to find a larger space. . Especially Savers. Once the salesman has a confirmed offer on your RV, they'll call and see if you accept. This marketplace will advertise your item to anyone in your vicinity. SENIOR DAY:Every Wednesday in our store is Senior Day! 30-item limit. Corporate Office Considering both the consignors and buyers as our customers, everything we do at Stuff Etc is focused on complete customer satisfaction. You receive $10. I take children's stuff to the consignment shop down the street 2 to 3 times a year though. Simply put, if it looks good and tastes great, people will pay for it. Based on the 75% consignment, your proceeds are $112.50 . At Stuff Etc we have all your favorite brand names at a fraction of the price! I always felt like it was safe meeting people in a public place with buyers and sellers from Facebook . Required fields are marked *, Notify me of followup comments via e-mail. 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. If I had known that they would do that, I would have donated the items or kept them back for a yard sale and priced them at a quarter a piece and made over $15 more. Monday - Saturday 10am -7pm. RV consignment is when a third party sells your RV on your behalf and takes a percentage of the sale as payment for their service. This definition encompasses both thrift stores and consignment shops, which are very different types of business. As a warning, though, this type of second-hand selling can also flop if you dont do any research. See what employees say it's like to work at Stuff Etc. There are also online furniture consignment platforms such as Everything But the House, Chairish, and 1stdibs. Ill have to resist the temptation to look through that whole bicycle catalog. In a wholesale arrangement, all of your expenses and profit have to come out of 50% of the retail sales price. Selling Online. Determine your stock agreement by discussing how many you're trying to sell per design and at what price. This increased our space to 3000 square foot (as seen here). 40-60% of what the store expects to retail the item for is a common range for consignment fees whether you are paid up-front, or upon sale. They arent crazy about consignment shop that only sell high end clothing. 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. If the merchandise sells, the store owner pays you less the agreed percentage and other costs. Friends in need. Hopefully these tidbits will help you decide which second-hand marketplace is the best option for you. Consignment shops, on the other hand, are for-profit businesses that purchase items from their original owners and then resell for a profit. This means that both thrift stores and consignment stores can be considered second-hand stores, even though they are built upon very different business models. Most everything I offer for sale moves quickly and for a good price. Stuff Etc Quality Consignment Stores are currently Iowa's largest department consignment store group. Read on for #1!! Your email address will not be published. Also, the dealer may be a poor credit . It certainly didn't start that way, nor was it ever conceived that it would grow so dramatically. I assumed that all shops gathered their inventory by buying goods from people directly, or from donations. Jewelry stores and antique shops both may purchase your estate and vintage jewelry either for a flat rate or on a consignment agreement. Ive found these types of shops to be inconsistent in how much they pay you. They have yard sale sunday and you can post stuff for sale on Sundays only. Is it in style? 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. I am cutting BACK on Consignment. They know that as soon as they get tired of a quality item they can bring it to Stuff Etc for consignment and shop for replacements using the credit theyve built up from past sales. Thank you for your comment! Half eventually is paid out to consignors when the come in to check their accout balances. Thank you Different items may be less desirable in different markets, check with your local store if you have questions about an item. Tradesy. Newspaper spaces can cost $15 or more for an ad, while the online marketplaces can cost $1. It turns out there are four types of second-hand shops consignment, pawn, classified and thrift. 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. Youll need antique furniture or nearly new high-end pieces. A 20% gross profit for a retailer would be reduced to probably less than a 5% net profit. 2. Answer: Always check for a coupon or scratch card on the Stuff Etc app. Is it better for you to just be done with it? 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. How can find out what year/season the garment was made? 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. At the end, they offer a quote for the cluster of items theyre interested in. I never thought of resale clothing stores as pawn shops, but technically, they are. 2818 Commerce Dr, Coralville, Iowa, 52241, United States. You might also consider donating your old appliances to a charity or local thrift store if you are unable to sell them. Its an awesome set up. We live in Taylor, Mi. The consignment store pays you a percentage of the sale price of your item if and when it is sold. We can reuse those plasti twitter.com/i/web/status/1, 12 Days before our BIG 1/2 PRICE SALE!! Bring them to us!! We downsized to a smaller apartment last year and our stuff has been piling up with no where to go. What Should I Do If a Domain Name Is Already Taken? You might use consignment selling for market testing. My question is How does a Thrift store like Savers, Goodwill, etc. The Best Online Consignment Shops. Id have rather donated in my community as well! I got a total of $3.55 for my bag. While some people may use the terms thrift shop and consignment shop interchangeably, they are in fact very different beasts. If you are starting your own thrift store do you have to collect and pay sales tax? It takes quite a while to see results from many of these shops, so its not a great idea if you need cash pronto. So, if a pair of Childrens Place pants in their store resells for $7.50, youd earn $3.75 up front. Country decor was on its way out, so we dropped that completely and decided to change our name to Stuff Etc. ThredUp is an easy and convenient way to buy and sell secondhand goods, with headquarters in San Francisco and delivery facilities across the U.S. You can sell or buy stuff on ThredUp or the app. My consignors do well at my store and keep coming back with more items. Keep yours unique and interesting. Please use this reference guide when preparing your consignment items for drop-off or pick up. You can find all the latest home dcor and furniture styles plus dress the entire family in the brands you love. How many of you thought this would be our most commonly asked question? RYK Posts: 35,651 . It really is that easy and if you are unsure of anything please ask a Receiving associate your question at the time of your drop off. Your quote may be different on a Tuesday than on a Thursday for no real reason. The Salvation Army publishes a value guide: http://satruck.org/donation-value-guide. Consignment selling may or may not be attractive to you. Get monthly news, updates and promotions from our Stuff Etc locations. After a year there, we decided to build a new building on Keokuk St. Each Stuff Etc store takes the last 2 years style of clothing and accessories. 2818 Commerce Drive ThredUp will then send you a Paypal payment for the items you sent. I collected a bunch of clothing from my family to submit to our local consignment store. 21% of employees would recommend working at Stuff Etc to a friend and 12% have a positive outlook for the business. I regularly donate my baby clothes to local shelters (obviously, not a second-hand shop, but a non-profit). We started out in 1985 with the name of Kids Stuff and Kountry Kreations. It looks as though the market is pretty saturated? I hadnt really thought of Half Price Books or Once Upon a Child as pawn shops either but they definitely fit the mold, lol. 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. This fee can go as high as 50%. Decide how much you want to charge your consignors for selling their items. Coralville, IA 52241, Copyright 2023 Stuff Etc - All Rights Reserved. Were celebrating our anniversary this month. A great way to shop at Stuff is to pick up current styles, wear them for a season, then bring them back to Stuff as a consignor when youre ready for something new. This is a great option if you want immediate, same-day results and never worry about your crap again. The resale store full of donated goods down your street might not be labeled a thrift shop. Generally, it is best to price your items 50% to 70% less than the retail price. Phone: 515-964-4444. 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. Pricing Matters. For my books I usually go to Half Price Books no I do not always get what I feel that I should for what I donate but, on the plus side I get a bit of extra cash and I get rid of my books. Those with sales of less than $1,500 will get a 55% commission, while items with an original resale list price below $195 may bring in less. Claudines Debt-Payoff Success Story: From Foreclosure to a Mobile Family Business, Sell Your Crap: Download and See Bonus Videos. Poshmark is an app, but you can also use the desktop version to browse through items like clothing, shoes, bags, jewelry, and other accessories. Where do you sell your stuff second-hand? 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. The division may be less because other fees may have been applicable. | qazwilson, Pingback: How Can I Sell My Homemade Stuff? Country decor was on its way out, so we dropped that completely and decided to change our name to Stuff Etc. Just let our register associates know you qualify for the Senior discount. My wife and I are considering starting our own resale/thrift store. I lucked out because I found a woman who had recently lost weight and was using ThredUP to get rid of her old clothing and they were exactly the size I needed. You can read more about this in one of my earlier post Finding the Right Auction House to Sell Your Antiques. Ive even found the childrens consignment shop circuit to be impossible to make money at with kids stuff unless you have some really high-end brands. You may decide to visit a few consignment stores near you to see if you can make more money. Stop by a Stuff Etc store todayand see how we fit your style. Coralville, IA 52241, Copyright 2023 Stuff Etc - All Rights Reserved. Consignment Hours: Tuesday - Saturday 10am - 5pm. A great way to shop at Stuff is to pick up current styles, wear them for a season, then bring them back to Stuff as a consignor when you're ready for something new. You'll have to pay 3.5 percent of the sale prices of your item if it is under $500 and $17.50 plus 1.5 percent if your household item is over $500. Always list for a little more than you want to sell for in places like Craigsppl want to bargain that way you both walk away feeling better abt the deal. Profit Splits. How it works for the seller (or in this case, donater). Bonanza also has a nice feature that allows you to send the items you plan to sell to Google shopping. Seems so wrong. Theyll show up soon. In this brief guide, we'll cover what a consignment is, as well as look at its pros and cons. If you have a special piece or a big collection, they may charge you nothing. Start your Stuff Etc Consignment experience now! For clothing, you need to have high-end brands. Coralville, IA 52241, Copyright 2023 Stuff Etc - All Rights Reserved. I do think theyre better than consignment shops. Answer: Stuff Etc is seasonal and to stay competitive with all other retailers we take what you see at your mall. 1. I cant understand this insanity. Then, Lord forbid it SELLS after x time. Check the shop out. 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! Stuff Etc. Check our consigning calendar to see when your items are accepted. Draw up a contract outlining the terms . Make sure your items are clean, in working order and all pieces are included. Plus, I love the frenzy, which would be an absolute con for several of my girlfriends!