Page 29 - Book11E

Find out how the consignment store you choose does business
Visit the shop you choose in person, or at least call ahead before you take your merchandise to ask how things are handled. You’ll want to know:
• If you need to schedule an appointment or if you can just drop-in.
• Is a fee charged for an appointment?
• What percentage will you earn on each sale?
• Does the shop purchase any items outright, or does it pay after each item has been sold?
• What condition does your clothing, toys, books, household items, need to be in?
• What season or categories are they accepting currently?
• Decide what items you will take to sell
Once you have found out what you need to know about the store and the way they handle business, you’ll want to start gathering your consignment items. Focus on things that are in good condition, but no longer fit or don’t suit your style. Items that haven’t been worn or used or played with in months are good candidates. Perhaps your son has outgrown his action figures, or your daughter doesn’t play with her dolls anymore. These items could be helpful to another family. Maybe you have Halloween costumes that don’t fit anyone anymore. Don’t be tempted to take things that are still useful to you. You don’t want to end up spending money on replacing things that you already had.
Organize the items on categories
Some items you have may not be the right season just now, but that’s okay. Set them aside ready for when the store begins to sell in that market. For example, if you have items at the end of the summer, put them aside ready to take to the consignment shop early in the spring.
Creating Extra Income 21