We are heading into the end of August 2015 already and that means "guess what is just around the corner" yes that is right,
HOLIDAY Time. Oh my gosh wasn't it just January 2000!! Yikes it is almost time to set New Years Resolutions and Goals again. BUT wait I have not finished all that I planned for this year. Do you ever feel that way and that life is moving so fast we can't catch our breath at times. So here are some thoughts about relieving that stress for selling for the Holidays if you are not sure what to do.
Well let us work on finishing up this year strong. By that I mean accomplishing things that has been on our list of things to do. I know for us we wanted this to be our best year yet, we wanted to fill our store with more items and reach 1700 pieces in our store minimum. Well so far this year we have over 3000 items in our store. Now you ask how????
We have learned another new aspect to selling on line and that is creating multi-variation items. This can add up fast and is super great in the time factor of listing. You list one item and have several variations of that product. Then where do I find those type items. Here are some clues for you.
Find a source like we did with a local manufacture that you can sell their items. We found a swimwear line that is made locally in the good ole` USA. Did you know that there are several who would probably love to have you sell their items on line because they do not want to take the time or have the time to do it themselves. We doubled our listings by just doing that and we are selling those items by using promotions and social media to promote them. It has increased our sale in just those items by $5000.
BUT there is more, we created a online consignment store. Like I posted in the previous post there is a right and wrong way to do it. Mainly the wrong way is to think you have nothing to offer someone else, but read that post and hopefully you will think different about this possibility.
There are certain things that you can sell for others that have great profit for you and for them. As an example we just got over 25 boxes of collectibles and dinnerware from a new client. One of the lines was Spode which I researched before I decided to take them on consignment. Found that the Soup Tureen in this collection was worth $899.00. I have about 108 pieces in this collection which I will piece out as opposed to selling as a set.
Why you may ask would I do that, thinking about two things here, one is many people who have this nice of a dinnerware set may have some pieces that they broke or they may want to add to the collection. Maybe a son or daughter got married and now there is one more in the family and they need an additional piece to the set. And two I know that Replacement. com runs a huge business just on replacements with over a million items. So that tells me there is a business in replacements for dinnerware.
Next post I will talk about how I find the right consignors and who I will choose to sell for. This is a major decision that you may want to think about before you consider doing this.
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