Basics on How Online Consignment Shops Work

If you’re a regular buyer in consignment shops, you know very well that they’re more than just the conventional thrift store. Goods are mostly from designer brands or within the recent season, neatly arranged and well-presented in establishments resembling retail boutiques.

Consignment is a thriving business that allows you to earn a larger portion of the income from selling lightly used clothing. Since consignors will also have a share in the profit, it’s their duty to ensure that the items are lucrative for both parties. For this reason, the staff is keener on looking for in-demand styles, trending brands and products in good condition.

Consigning Clothes

Details are as important in consigning clothes as it is when buying for new products. When looking for a reseller or consignor, you have to disclose as many details as possible, including accurate measurements, materials and imperfections. In case of flaws, it helps to have them fixed first before deciding to sell the item. Furthermore, take note that the second-hand industry normally cuts at least 60% off the original price.

Consigning Watches

Besides clothes, luxury watches are also subject to consignment but these are more complicated pieces than a regular winter outfit. The value of high-end watches is similar to that of your car; it depreciates faster every time you wear the watch on your wrist. Fortunately, there are brands that don’t keep their worth better, like Patek Philippe and Rolex.