At Around the Block, our consignors receive 60% of an item's final sale price. What is Stuff Etc? Company Culture, Mission, Values Check your local Google listings and reviews. As a warning, though, this type of second-hand selling can also flop if you dont do any research. Ive even found the childrens consignment shop circuit to be impossible to make money at with kids stuff unless you have some really high-end brands. 20 Best Consignment Shops Near Me (And Online) in 2023 - Well Kept Wallet My children are 10 6 and 4 and thats exactly what I want to do. Oh, and Ive never heard of ThredUP, but thanks for the heads up. Its standard for you to drop off your items for a 30-, 60- or 90-day cycle. Some items that are BIG SELLERS for Stuff Etc are athletic wear, home decor and furniture. Thank you! The Best Online Consignment Stores of 2023 They find stores like boring. Working at Stuff Etc | Glassdoor Iowa City location accepts consignment Tuesday thru Friday from 10 AM to 7 PM and Saturdays from 10 AM to 5 PM. There is no appointment needed and you can bring in as much as you want any day of the week! Having a strong sense of style doesnt mean you have to break the bank when youre shopping! Half eventually is paid out to consignors when the come in to check their accout balances. Id love to find a place like this. Your email address will not be published. Ask around or check your local Yelp and Google listings. Its standard to earn 60% of the sale price as a base rate on your sold items, but youll also pay a $10 to $15 entry fee. 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? Answer: Stuff Etc is seasonal and to stay competitive with all other retailers we take what you see at your mall. How can find out what year/season the garment was made? Ivy, Your email address will not be published. We started out in 1985 with the name of Kids Stuff and Kountry Kreations. So, if a pair of Childrens Place pants in their store resells for $7.50, youd earn $3.75 up front. How to Make Money on eBay Selling Consignment for Others Email address. In this brief guide, we'll cover what a consignment is, as well as look at its pros and cons. Typically, when you sell clothes, accessories, furniture, or appliances via consignment, you take your item to the store or send them photos of larger pieces and the consignment shop will decide whether or not to take your item. Jewelry stores and antique shops both may purchase your estate and vintage jewelry either for a flat rate or on a consignment agreement. The consignment store pays you a percentage of the sale price of your item if and when it is sold. In fact we have a section on our website that shows everything we take year round, no matter what month it is! 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. Think you could answer our 5 most commonly asked questions? Consignment shops are typically retail stores that specialize in a particular type of consumer product. Claudines Debt-Payoff Success Story: From Foreclosure to a Mobile Family Business, Sell Your Crap: Download and See Bonus Videos. Sellers use the platform to list items for sale, which buyers then browse. The RealReal offers value mostly to sellers of high-priced luxury items: Its commission structure favors watches that retail for about $3,000 or more with its highest payout percentage of 85%. A former Associated Press reporter and MSN Money columnist, Emma has appeared on CNBC, New York Times, Wall Street Journal, NPR, TIME, The Doctors, Elle, O, The Oprah Magazine. Each Stuff Etc location reserves the right to return or recycle potential consignments: including clothing not in current fashion or in poor condition (fashion more than 2 years old; clothing with tears, missing buttons, stains, etc.). The highest should be 20%, but many will reduce that to 10%. This is where you have to look at your priorities for time and money. The platform accepts most items, as long as they are capable of being shipped. Courtney, Consignment is NOT your regular retail job! Some shops offer you higher percentages if you take in-store credit instead of cash. For example, if you bought a $20 toy for your child, then it should be priced at $6 to $10 . What Percentage Do Furniture Consignment Shops Take? It is common for clothing consignment shops to pay modest up-front fees for quality items in good condition. Based on the 75% consignment, your proceeds are $112.50 . 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 you're ready for something new. My question is How does a Thrift store like Savers, Goodwill, etc. Selling your stuff second-hand is a great way to clear out your house and pocket some extra cash. Probably not a good retirement family career business? Pays cash. 3. Can the consignment shop resell it quickly, for a high price? Answer: We absolutely do! And we are going to start it today NOT February 1st! Your email address will not be published. On a $100 sale with a 40% consignor share, the payout should be $40, so 40/100 = .4 or 40%. Coralville, IA 52241, Copyright 2023 Stuff Etc - All Rights Reserved. Auctions are hit and miss. Consignment stores pay . Your item will have a harder time standing out, but there are literally hundreds of shoppers ready to load up their cars. Make money/save money with consignment. You're providing a valuable service. The consignment shop pays you a flat rate, upfront. They should sell items as if it were a garage sale a couple bucks- a few cents!!!! The resale store full of donated goods down your street might not be labeled a thrift shop. Answer: Yes, we do! eBay Consignment Fees. Depending on the consignment shop and the item being sold, the seller may concede 25% to 60% of the sales price in consignment fees. Stuff Etc. capitalizes on recycling mentality - Corridor Business Journal Technically it's not a consignment shop, but you can find gently used clothing and accessories for a pretty good deal. We never heard from them again. 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. Read on for #1!! Corporate Office One year my wife did a wardrobe purge that proved to be worth $8k+ in charitable deductions. Thrift shops are non-profit organizations that sell items they receive via donation. Find your B2B customer within minutes using affordable, accurate contact data from Datanyze. Its 2014 and I just stumbled across this page but just thought it was a bit misleading about pawn shops. 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. Ive found a system that makes this a no-brainer for me. Thankfully, there are quality buyback businesses, including some in your town, as well as reputable online sites. Required fields are marked *, Notify me of followup comments via e-mail. Your search may yield consignment shops that are exclusive to your city, but you may also find national consignment shops near you. So from March to June we are accepting summer merchandise. Its been 38 years, Iowa!! Any profit made from these sales is used to fund operations of the charity, and also to support the general mission of the underlying charity. Fun, fun, fun ! AND dont forget items in the store after 60 days are 50% off and after 90 days they are 80% off. Your quote may be different on a Tuesday than on a Thursday for no real reason. What's a Fair Consignment Percentage? (How To Negotiate an Increase) Please use this reference guide when preparing your consignment items for drop-off or pick up. In spite of the lousy location for retail, our business started to grow. If there was a Stuff Etc trivia game, how well do you think you would do? Our demand for these items is year round so consign often! I also sell on eBay with kids coats, kid shoes, and video games which sells well on there. Coralville, IA 52241, Copyright 2023 Stuff Etc - All Rights Reserved. Instead, Im happy to give it to a needy family! If you agree, then theyll pay you from the cash register. How to get rid of junk: 24+ free and cheap junk removal options. ThredUp pays up to 80% of the sale price, but the site is very picky and reviewers complain that very high-quality, in-style luxury brands are reject (or worse, rejected and then posted on sites like ebay). 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. A product is created and will cost material and labor to manufacture and is priced in a way that also covers previous R&D costs and profit of the company, etc. A 20% gross profit seems very low to anyone operating a business. In December, I made over $4,000.00. Our years of experience have given us a great idea of what sells, and what doesnt. You may decide to visit a few consignment stores near you to see if you can make more money. Thank you Also, the dealer may be a poor credit . However, there has been a rise in ecommerce-based consignment shops over the . 1. Consignment shops pay one of two ways: flat rate upfront or percentage of the sale price of your item if and when it is sold. Always list for a little more than you want to sell for in places like Craigsppl want to bargain that way you both walk away feeling better abt the deal. THEY ARE AMAZING! 2818 Commerce Drive Stuff Etc. Find your style at Stuff Etc Coralville! In fact, handbags are the most in-demand items on the Tradesy site. Ive been using Craigslist and Amazon.com for secondhand sales. 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. There are actually several nationwide chains that resell goods under pawn-shop policies, like Half Price Books and Platos Closet. Consignment Hours: Tuesday - Saturday 10am - 5pm. If your item doesnt sell within that period, some shops will discount the item (by say, 30%), or you will need to pick it up. We use thrift stores and charity pickups all the timethe tax savings typically netted us as much as the other options without the headache. Can You Answer These Questions? | Stuff Etc 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. An item costing a retailer $5 with 200% markup would retail for 5 + 5*2 . The costs and procedures drastically vary from platform to platform. 2818 Commerce Drive Answer: Its easier than most people think. Stuff Etc takes 1 tote of your gently used items Monday thru Saturday (and 5 larger items that will not fit in our totes). Craigslist is creepy, so I dont sell on that site. There are a few different ways that businesses can use a consignment percentage calculator. Jewelry Consignment Percentage by: Rena. What is Consignment? - Robinhood Decide how much you want to charge your consignors for selling their items. I was completely oblivious to consignments. Consignment - What is a reasonable percentage a dealer asks? With some apprehension, we rented an 8,000 square foot space in Coralville. . But its true! I get store credit and whenever we need something for the kids, we go there b/c we always have store credit. All battery-operated items must have working batteries in them. Required fields are marked *. 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! No flow charts or diagrams needed, promise!! Salaries, reviews, and more - all posted by employees working at Stuff Etc. In 2010, we sold our very first franchise in Waterloo and opened our second franchise in Davenport in 2011. Click here to see list of stuff we dont take. Selling for others on commission - Help - The eBay Community Continue to 9 of 10 below. RV consignment is when a third party sells your RV on your behalf and takes a percentage of the sale as payment for their service. One last tip. Considering Furniture Consignment? Tips & Expert Advice Pays cash. The Ankeny Stuff Etc is located west of I-35 on the north side of E 1st St, right off Northeast Hayes Drive. . An example would be if Tyra takes a dresser to Ken's Consignment Furniture Store. I give the consignors cash and 99 percent of the time they take the money and buy something in the store with it. For the rest of it I usually take it to Goodwill just so I do not have to deal with the hassel of having a yard sale or hanging on to stuff in order to have a yard sale and again for me the bottom line is to just get rid of my s*&t as quickly as possible. 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 . There is usually a seller's fee; the average fee is 10-20%. With other types of sales, you are paying some of your profit to businesses to get the job done. Salaries, reviews, and more - all posted by employees working at Stuff Etc. Join us April 15 & 16 for ou twitter.com/i/web/status/1, Stuff Etc WATERLOO now carries bed in box mattresses! We used Its Deductible (by Quicken/Turbo Tax) to track and value our donations. The company bills itself as The Selling App, a place for users to list items for sale that they no longer want or use. You'll have to pay 3.5 percent of the sale prices of your item if it is under $500 and $17.50 plus 1.5 percent if your household item is over $500. Be a shopper-consignor these savvy individuals know how to make the most of every purchase they make from Stuff Etc or the mall. Consignment shops are for-profit businesses which specialize in reselling items. In a pawn shop, you relinquish your ownership of your item in exchange for immediate payment. It's a highly trafficked store, and very close to us. What is Stuff Etc Currently Accepting? In 2000, we decided to add a second location. 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. The week before the sale, youll prepare your items with tags specific to your sale (most sales have a website with full information). Stuff Etc Quality Consignment Stores are currently Iowa's largest department consignment store group. You dont have any control over how much your item sells for. It involves jewelry, ripped-off cell phones and wrought-iron bars. You can also choose to accept store credit for a larger sum. Learn more in our post all about what to do with your used wedding dress. Nd I will see items from Target donating to Goodwill look at Targets price which will still be on the items nd when Goodwill prices its many a few dollars difference These Stores Suck They are for the needy to be able to afford things that they cant normally buy in a Macys or whatever .!!!

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