Coralville, Cedar Rapids, Clive & Dubuque Tuesday thru Saturday 10 AM to 7 PM, Iowa City location accepts consignment Tuesday thru Friday from 10 AM to 7 PM and Saturdays from 10 AM to 5 PM, Waterloo location accepts consignment Tuesday thru Saturday from 10 AM to 5 PM, Davenport location accepts consignment Tuesday thru Saturday from 10 AM to 5 PM, Ankeny location accepts consignment Tuesday thru Saturday from 10 AM to 5 PM, Consignors may bring in one 15 gallon bag or box, Unaccepted items will not be given back to consignors, Unaccepted items can be returned to the consignor; must pick up within 48 hours after receiving item list email. No flow charts or diagrams needed, promise!! Why Consign your Quality Used Clothing or Housewares with Stuff Etc? You never know if its worth it until you try. The highest should be 20%, but many will reduce that to 10%. Required fields are marked *, Notify me of followup comments via e-mail. Do I know anyone whos successfully used this platform. How to Consign Clothes for Highest Payout (Expert Tips) A LOT of 'Consignors will bring you 'stuff' THEY tried to sell already. Consignment stores pay . Our years of experience have given us a great idea of what sells, and what doesn't. Please use this reference guide when preparing your consignment items for drop-off or pick up. Find your style at Stuff Etc Coralville! So the coin hammers for $100, Heritage collects $115 and pays the consignor $90. Selling your stuff second-hand is a great way to clear out your house and pocket some extra cash. Remember that they may charge a buyer's premium of up . 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 set their own terms for how their consignments work, so its important to research the store policies before committing. If you are starting your own thrift store do you have to collect and pay sales tax? It depends on your situation. You can always cash out too but if you love a deal theres always something great to add to your wardrobe or home from Stuff Etc. How consignment works & 5 tips for selling on consignment Continue to 9 of 10 below. It certainly didn't start that way, nor was it ever conceived that it would grow so dramatically. 21 apps for selling stuff online or "near me" in 2023. . Learn more in our post all about what to do with your used wedding dress. eBay Consignment Fees. 1. Get the clutter out of our house and get the stuff we need for the kids in exchange. Save 10% on all ne twitter.com/i/web/status/1, We all have that pile of plastic bags we dont know what to do with! I think that consignment event is well worth it because I made over $200 selling all of my kids gently used items theyve out grown and dont use anymore. This marketplace will advertise your item to anyone in your vicinity. Markup can be over 100%, but your example was flawed. A few days before the sale, the organizers will open the doors for you to drop off your items. I found this entire article to be full of misinformation. Do you have a preference or experience finding better deals at thrift shops vs. consignment stores? Some only buy designer labels, others could care less about labels, and others that only shop the clearance racks. The Real Real Seller Review | How it Works & What To Expect Check the search bar in FB with your neighborhood or city name followed by yardsale to join a group in your area! What is Consignment? - Robinhood I have a very stereotypical picture of pawn shops. 21% of employees would recommend working at Stuff Etc to a friend and 12% have a positive outlook for the business. Consignment savvy people in Eastern Iowa make thousands of dollars, consigning their high quality clothing, furnishings and more with Stuff Etc with eight locations, we make it convenient for you to turn your "Stuff" into cash. 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. Especially if you live in a big metropolitan area or near a ritzy neighborhood. Great list! Sunday 11am - 5pm. We rented a 21,000 square foot space on the west side of Cedar Rapids. Save 10% on all ne twitter.com/i/web/status/1, We all have that pile of plastic bags we dont know what to do with! All eBay /PayPal fees associated with selling the item are to be paid by me. The Man Vs. Debt Kickstart Your Money Free Resource Kit, Unautomate Your Finances: A Simple, Passionate Approach to Money, How Can I Sell My Homemade Stuff? Click here to see list of stuff we dont take. Instead of purchasing items from sellers to then resell, thrift shops are dependent on donations, which they then sell on to consumers. Poshmark is an app, but you can also use the desktop version to browse through items like clothing, shoes, bags, jewelry, and other accessories. This increased our space to 3000 square foot (as seen here). Coralville, IA 52241, Copyright 2023 Stuff Etc - All Rights Reserved. Watch these brief how-tos for a quick overview. List working appliances on Craigslist or in the newspaper. What Percentage Do Furniture Consignment Shops Take? It's a win win when you shop resale! In July of 2005 we moved our Iowa City store into a 24,000 square foot space in a strip mall at Pepperwood Plaza (once a Best Buy). Come to think of it, my mom kind of runs a consignment shop with her yard sale! It looks as though the market is pretty saturated? Located at 2818 Commerce Drive, Stuff Etc Coralville is your one-stop destination for all your consignment needs. In other words, a consignment sale is an agreement in which a third party is entrusted with selling goods on behalf of the owner. Your email address will not be published. There are likely luxury consignment shops near you as well. Poshmark. Plus, I love the frenzy, which would be an absolute con for several of my girlfriends! If the merchandise sells, the store owner pays you less the agreed percentage and other costs. Working at Stuff Etc | Glassdoor If you think of boundaries like this, it helps you think clearly in the stressful tasks of pricing and negotiation. Good post! The company will make an offer, and you can accept it or turn it down. I am cutting BACK on Consignment. Answer: Stuff Etc is seasonal and to stay competitive with all other retailers we take what you see at your mall. If you can get 70% to the artist, 30% to the shop, that split is also sometimes done. You may decide to visit a few consignment stores near you to see if you can make more money. Each Stuff Etc store takes the last 2 years style of clothing and accessories. 50% to the retailer. Save my name, email, and website in this browser for the next time I comment. | Retro Metro, Pingback: Sell your shit and free your mind. My motto is you know what you might find, and people love that. The Spruce / Ana Cadena. The costs and procedures drastically vary from platform to platform. While there nominal fees for placing your ad in a newspaper, magazine or online marketplace, its usually smaller than consignments or pawn shops. What is a Fair Consignment Percentage? How Much Should I Pay Retailers for Selling My Product? We just ask that all drop offs are done half hour before we close that way we have enough time to process your items correctly. This can be a great way to get the most for your money at your easiest convenience! 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. Many of the most popular consignment shops specialize in reselling fashion, such as clothing, shoes, jewelry, and more. How to Consign | Stuff Etc I do think theyre better than consignment shops. Stuff Etc raised a total of $350 K in funding over 1 rounds. I'm just posting to clarify for other readers, not just 'picking'. You can read more about this in one of my earlier post Finding the Right Auction House to Sell Your Antiques. If 1 tote just isnt enough then we do have the option for an appointment, which allows you to drop off 2 totes. 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. What is the typical consignment percentage? - Around The Block Generally, it is best to price your items 50% to 70% less than the retail price. Selling on consignment can vary in details depending on where you sell, but the gist is this: If your item does not sell, or does not sell within an agreed-upon time, typically you can get it back. Stuff Etc Quality Consignment Stores are currently Iowa's largest department consignment store group. In July of 2005 we moved our Iowa City store into a 24,000 square foot space in a strip mall at Pepperwood Plaza (once a Best Buy). Probably not a good retirement family career business? If the bicycle doesnt sell, then you take your items home for no charge. It's a highly trafficked store, and very close to us. There are many quality, reputable consignment shops that can give you quick cash for your used items or slow cash in the hopes of earning more for the stores that pay upon purchase. When we moved from Arkansas to Texas, we left the baby bed my son had outgrown with a consignment shop. Please note that individual stores may vary at the managers discretion and this is not intended as a comprehensive list. 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. Just like every other retail transaction, consignment shops are also going online. Craigslist is beloved, because its a completely free marketplace for selling your stuff. Consignment Store: How to Sell on Consignment? | WHO Magazine After a year there, we decided to build a new building on Keokuk St. 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. So from March to June we are accepting summer merchandise. We sold a few childrens dresses at a thrift shop. You might also consider donating your old appliances to a charity or local thrift store if you are unable to sell them. What Is Consignment? Consignment Meaning and Trends YOU 'gotta hope you can LOCATE it in 'storage'. Note: This is a post from Courtney Baker, chief seller and long-time running wo-man of MvD. Our shop in in the busiest plaza and usually has a line at the checkout. We can reuse those plasti twitter.com/i/web/status/1, 12 Days before our BIG 1/2 PRICE SALE!! Suppose you take a designer purse to a local consignment shop. Typically, the consignor receives a percentage of the revenue from the sale (sometimes a very . 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. We have eight Stuff Etc locations! What's a Fair Consignment Percentage? (How To Negotiate an Increase) Stuff Etc. Huge difference between a resale shop and pawn is that pawning gives you the option to use your belongings as a loan to get money or you can sell your items to them and get money that way. Online consignment typically pays via Paypal, check or bank transfer. On a $100 sale with a 40% consignor share, the payout should be $40, so 40/100 = .4 or 40%. What Is A Fair Consignment Percentage? Average? Typical? By comparison I cleaned out my closets and have already made $200 with far fewer items from Facebookseriously check it out! 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 . Recently though, FaceBook buy, sell, swap, yard sale pages have popped up. There can be extra costs such as transportation fees, photograph fees, reserve fees, and buyback fees if the item is unsold because of a reserve. Do I think youre getting the best for your money? Start your Stuff Etc Consignment experience now! Its unfortunate that it gets a bad reputation based on the ignorance and limitations of someone personal experience. Accepts some online sales. Its an awesome set up. Hi Janine, In my experience the most common jewelry consignment split is 60% to the artist, 40% to the shop. 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! 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. I avoid consignment shops as a seller, but love them as a buyer! Every time I take them into consignment or pawn shops, I get offered quarters for nice clothes. is our area's consignment super store where you can count on brand names at re-sale prices! Tradesy. Pays cash. | qazwilson, How Can I Sell My Homemade Stuff? I also was completely unaware that online marketplaces like craigslist, andeBay are also considered second-hand shops. Thrift shops are non-profit organizations that sell items they receive via donation.
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