Make EVERYONE feel special and welcome. October 15, 2011 5:50AM. How many of you thought this would be our most commonly asked question? 21% of employees would recommend working at Stuff Etc to a friend and 12% have a positive outlook for the business. However, our apprehension was quickly replaced within a couple years with an urgency to find a larger space. Instead of purchasing items from sellers to then resell, thrift shops are dependent on donations, which they then sell on to consumers. Check your local Google listings and reviews. Consign early to get the highest return on your items. My family is big on yard sales. Sell broken appliances to a recycling center for scrap or list them on eBay. When the share is less than expected, just inquire as to why. Don't miss the Half-Off Sale at Stuff, Etc. - KWQC In 2000, we decided to add a second location. 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. Then, Lord forbid it SELLS after x time. The Spruce / Ana Cadena. I have used eBay for years more as a buyer than a seller but for confident buying/selling online you cant beat it. You can also choose to get paid on consignment for a higher percentage (up to 70%, vs 30% if you choose cash) in the event your item sells. 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). Country decor was on its way out, so we dropped that completely and decided to change our name to Stuff Etc. You can expect to be charged a 25% to 60% commission, which the shop collects as its profit. Listings can be easily shared on social media - and the app allows you to track your sales. Sunday11am 5pm. There is no appointment needed and you can bring in as much as you want any day of the week! Is selling on consignment a good idea? - EasyRelocated In general, stores split the sales anywhere from 50/50 to 40/60 or . Stuff Etc Reviews: What Is It Like to Work At Stuff Etc? | Glassdoor 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. If I gave them a check or used paypal, that wouldnt happen. Theyre widely popular for eliminating the expensive middle man. Simply put, if it looks good and tastes great, people will pay for it. It certainly didn't start that way, nor was it ever conceived that it would grow so dramatically. The general consignment process is most likely the same no matter where you go. Having a strong sense of style doesn't mean you have to break the bank when you're shopping! The fee depends on distance, item, etc. Simply provide your zip code, and it will yield Google results for consignment shops in your area. Household items must be clean and in working order. The week before the sale, youll prepare your items with tags specific to your sale (most sales have a website with full information). Remember, all these businesses share a desire to purchase high-quality, clean items in good condition that are currently in style. If there was a Stuff Etc trivia game, how well do you think you would do? Our first storefront in Iowa City was on Highland Ct in a 750 sq ft building in a light industrial area where we shared our b uilding with a bar and a sheet metal shop. A book will resell for $10, so they pay you $5 for it. 1. Not bad for for items they no longer wanted or needed! Depending on the type of items being sold and the consignment outlet selling, a 40:60 split in favour of the consignment shop or an even 50:50 split are also typical consignment percentage figures. By comparison I cleaned out my closets and have already made $200 with far fewer items from Facebookseriously check it out! I found this entire article to be full of misinformation. Mary Sundblad started Stuff Etc in 1985 in a . Join us April 15 & 16 for ou twitter.com/i/web/status/1, Stuff Etc WATERLOO now carries bed in box mattresses! My wife and I are considering starting our own resale/thrift store. Iowa City, Coralville, Cedar Rapids, Waterloo, Davenport, Ankeny, It involves jewelry, ripped-off cell phones and wrought-iron bars. Instead, Im happy to give it to a needy family! I take childrens stuff to the consignment shop down the street 2 to 3 times a year though. Email address. However, before you go into consignment, you should take note of the following: 1. While some people may use the terms thrift shop and consignment shop interchangeably, they are in fact very different beasts. With some apprehension, we rented an 8,000 square foot space in Coralville. In a wholesale arrangement, all of your expenses and profit have to come out of 50% of the retail sales price. After you drop off your tote leave the rest to Stuff Etc! If your product is a "hot" item or helps drive extra traffic to that retailer, you can start at 60/40 then maybe move to a 50/50 or even 40/60 split. What is Stuff Etc? Company Culture, Mission, Values (Stuff Etc Black Bag must be used in order to receive the following discounts), Mondays:15% off all full priced books, DVDs and electronics, Tuesdays:15% off all full priced kids clothing, toys, games & puzzles, Wednesdays:Power Wednesday! Poshmark reviews 2023: Is selling on Poshmark worth it? How to Make Money on eBay Selling Consignment for Others In some cases, you are paid a fixed sum upfront for any items the consignment store accepts. For most items, especially clothing, we ended up with more money from the deduction than we would have from a garage sale or consignment shop. I finally just got frustrated and started packing stuff up to donate. The 'percentage' is calculated by dividing the payout by the amount of the sale. Plus, I love the frenzy, which would be an absolute con for several of my girlfriends! For the longest time, I misunderstood the world of second-hand shops. Craigslist is beloved, because its a completely free marketplace for selling your stuff. Thank you! The selling sites on Facebook are worth selling childrens items or what else you want to sell on there to get some extra cash. Stop by a Stuff Etc store today and see how we . Several people put their items in the sale with their names marked. Established in 1985. Especially Savers. Different items may be less desirable in different markets, check with your local store if you have questions about an item. The Real Real Seller Review | How it Works & What To Expect that have already been owned and used. Every time I take them into consignment or pawn shops, I get offered quarters for nice clothes. Make sure your items are clean, in working order and all pieces are included. The concept of online consignment is the same as in-person, but items are mailed in via a special mailer, assessed by the consignment company, and you are offered a fee, or your items are rejected and (maybe) returned. Stuff Etc. I do think theyre better than consignment shops. Start your Stuff Etc Consignment experience now! All the risk falls on the store. Jewelry Consignment 101 - Jewelry Making Journal 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. Although with Craigslist, Ive been negotiated down alot (that time i sold my xbox and all my games for $90 bucks because the buyer didnt bring enough money even though he had agreed to my listed price prior.. i was naive and didnt know that this is a common excuse people gave to sellers while buying through craigslist). This rating has decreased by -16% over the last 12 months. Great post! It's a win win when you shop resale! I sell a lot of my stuff to secondhand young adult stores. Tradesy. ThredUp is an online consignment and thrift shop that features women's, kids', and maternity clothing along with shoes, handbags and accessories. Selling a $500 gun at a 5% net profit puts around $25 in the dealers pocket. Accepts some online sales. You can arrange the sale for a public location without them coming to your home! In season? is our area's consignment super store where you can count on brand names at re-sale prices! Also, donating can be pretty huge if you are already itemizing your deductions. Ivy, Your email address will not be published. Revenue is usually split 60 percent to the store and 40 percent to you, although everything is negotiable. Check the search bar in FB with your neighborhood or city name followed by yardsale to join a group in your area! These thrift shops frequently work as non-profit organizations, but not always. | qazwilson, Pingback: How Can I Sell My Homemade Stuff? You may decide to visit a few consignment stores near you to see if you can make more money. SENIOR DAY:Every Wednesday in our store is Senior Day! Three top designers that are on the hunt of Tradesy shoppers are Louis Vuitton, Chanel, and Coach. Thanks for Being Part of the Man Vs. Debt Community! 12. In other words, a consignment sale is an agreement in which a third party is entrusted with selling goods on behalf of the owner. Why Consign your Quality Used Clothing or Housewares with Stuff Etc? Keep yours unique and interesting. is dedicated to providing consignors a stress-free process while giving the best . How consignment works & 5 tips for selling on consignment Don't underestimate the importance of the service you provide . It depends on your situation. 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. Answer: Stuff Etc is seasonal and to stay competitive with all other retailers we take what you see at your mall. Answer: Its easier than most people think. This portion is called the "Consignment Percentage" or "Consignment Fee". Sunday 11am - 5pm. I own a childrens consignment store and we are very busy and have a few thousand consignors. A LOT of 'Consignors will bring you 'stuff' THEY tried to sell already. I blog about all the amazing stuff I find to show people how amazing thrift stores can be! How to get rid of junk: 24+ free and cheap junk removal options. 21 apps for selling stuff online or near me in 2023. Cheat Sheet: Retail Markup on Common Items - Wise Bread What is consignment in retail? - koronapos.com Apply today! 2818 Commerce Dr, Coralville, Iowa, 52241, United States. Some even let you sell your clothing back to the store in exchange for cash or store credit. When you're ready to start consigning with Stuff, you'll need to visit one of our stores in person to complete a consignor application to get approved and have your online account created. 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. How to Consign | Stuff Etc Thank you! Ive been on a donating kick myself. They are intense, because hundreds of people will be thumbing through the items throughout the weekend. A free inside look at company reviews and salaries posted anonymously by employees. Get the clutter out of our house and get the stuff we need for the kids in exchange. | Retro Metro, Pingback: Sell your shit and free your mind. Get the latest gold prices and learn about selling your precious metals in todays record-high market, or you can check out reviews of top online jewelry buyers, including CashforGoldUSA and DiamondsUSA, both of which pay out within 24 hours and have a A+ Better Business Bureau ratings. 3. It was very informative. In my opinion this article incorrect. It beats selling them at a yard sell or an reselling kids consignment store. The consignment store pays you a percentage of the sale price of your item if and when it is sold. Stuff Etc. capitalizes on recycling mentality - Corridor Business Journal Your quote may be different on a Tuesday than on a Thursday for no real reason. Bring them to us!! Items sold for less than $1000.00: 50/50 split of the final sale price. Makes me sick to see babies toys, cloths, little shoes, high chairs, and TONS of housewares, curtains, furniture etc.. thrown in trash. 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. Stuff Etc. If your product is a "hot" item or helps drive extra traffic to that retailer, you can . 69 Sites To Use For Selling Your Stuff Online - Real Ways to Earn Your email address will not be published. The highest should be 20%, but many will reduce that to 10%. Coralville, IA 52241, Copyright 2023 Stuff Etc - All Rights Reserved. Create your store. eBay Consignment | Danna Crawford, eBay Power Seller My mom passed and my siblings, having watched too much Storage Wars, were convinced we could get $500+ for what was left overfail $200 Thats it. You own the product, in their shop, and are responsible for stocking the store shelves. The Value of a Solid Personal Financial Plan, Coronavirus and Working from Home: Small Business Tips On How to Survive the COVID-19 Pandemic, State-By-State Guide to Starting a Business, Wholesale Directory, Merchandise Suppliers and Drop shippers, How to Start a Daycare or Child Care Center: State-by-State Licensing Requirements. Early Bird Tickets allow you twitter.com/i/web/status/1, Corporate Office Do I know anyone whos successfully used this platform. Pays cash. Once they accept, you drop off your items at the consignment store, receive a receipt, and then leave. Pays cash. 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. From there, different percentages are determined by what your items . 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. 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. The pay isnt horrible (around 30% of what they sell it for). Stuff Etc Quality Consignment Stores are currently Iowa's largest department consignment store group. Each Stuff Etc store takes the last 2 years style of clothing and accessories. 906 E 1st Street. 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. You then collect a percentage of sales once per month.
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