If its furniture you want to drop off, well thats really easy too! I assumed that all shops gathered their inventory by buying goods from people directly, or from donations. Their website says that theyll pay you 20-40% of what they are selling it for (which is low to begin with) but I sent in a bag with 80 items in it and they only accepted 8 of them and paid me 10% of what they resold the items for. The seller goes in order of interest and through private message the two agree upon a price and method of exchange, most meet in a store parking lot or other public place. This is per item and paid to me, by seller. Mercari. YOU 'gotta hope you can LOCATE it in 'storage'. Create your store. Consignment is an arrangement in which goods are left in the possession of another party to sell. You have no idea how long I have searched for ideas on how to get rid of my stuff and make a profit. What is really upsetting is the amount of really good items they simply CRUSH, and throw away in huge garbage containers!! Thanks for Being Part of the Man Vs. Debt Community! We started out in 1985 with the name of Kids Stuff and Kountry Kreations. They arent crazy about consignment shop that only sell high end clothing. Pays cash. They set their own terms for how their consignments work, so its important to research the store policies before committing. Considering both the consignors and buyers as our customers, everything we do at Stuff Etc is focused on complete customer satisfaction. Something is very suspicious with their operation. And we are going to start it today NOT February 1st! The payouts decline from there, with rates dipping to as low as 40% for any item less than $145. Sell broken appliances to a recycling center for scrap or list them on eBay. Ive had many items sell in 3 minutes or lessits like a virtual yard sale. I finally just got frustrated and started packing stuff up to donate. I'm just posting to clarify for other readers, not just 'picking'. Selling a $500 gun at a 5% net profit puts around $25 in the dealers pocket. October 15, 2011 5:50AM. For the longest time, I misunderstood the world of second-hand shops. It takes quite a while to see results from many of these shops, so its not a great idea if you need cash pronto. Due to this, consignment shops will typically carry higher quality or nicer items than thrift shops will. If so, show us your military ID and you can save 10% on all full priced items everyday at Stuff Etc. 386 were here. The difference between each one comes down to: Consignment is when a shop sells goods for an owner. Some shops offer you higher percentages if you take in-store credit instead of cash. After a year there, we decided to build a new building on Keokuk St. The 'percentage' is calculated by dividing the payout by the amount of the sale. The Best Online Consignment Shops. Coralville, IA 52241, Copyright 2023 Stuff Etc - All Rights Reserved, Determine the location of your Stuff Etc consignor account, Be sure your email address is on your Stuff Etc account. Corporate Office We called the consignment shop a month after we moved and they told us they thought they would be selling it in the next day or two. No, not really. Consignment sales have the opposite problem of consignment shops. is our area's consignment super store where you can count on brand names at re-sale prices! I have donated to all them for years nd when I go into the store to look around I will see an item that I have donated nd the price is extremely high .. Why ? And we are going to start it today NOT February 1st! Military Discount:Are you currently in the military or a vet? Where do you sell your stuff second-hand? See what employees say it's like to work at Stuff Etc. She in turn earns her 50% of the retail sales price when an item is sold in her shop. ThredUp is an online consignment and thrift shop that features women's, kids', and maternity clothing along with shoes, handbags and accessories. Phone: 515-964-4444. More about Emma's credentials. Dead, no interest stuff. This increased our space to 3000 square foot (as seen here). I actually loved ThredUPs old system. Common Consignment Percentages. The shop offers a consignment percentage of 75% for designer items. I sell my gently used or new clothes at Hut 8 in They except more of my clothes than platos closet. Especially if you live in a big metropolitan area or near a ritzy neighborhood. Answer: Stuff Etc is seasonal and to stay competitive with all other retailers we take what you see at your mall. is dedicated to providing consignors a stress-free process while giving the best . You never know if its worth it until you try. Popular chains of consignment stores include: Platos Closet is a nationwide clothing consignment franchise with locations in 50 states. 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.). 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. Learn more in our post all about what to do with your used wedding dress. Save 10% on their bed in box mattresses during their March M twitter.com/i/web/status/1, Were moving right into our next big sale! ThredUp - Sell your kid's clothes to ThredUp. I say this very lightly; but technically, its 50% of what theyd sell it for. Poshmark is an online consignment shop, similar in many ways to ThredUp and Mercari. Probably not a good retirement family career business? Second, you can list your item in one of Facebook's "Buy and Sell Groups.". RYK Posts: 35,651 . 2818 Commerce Dr, Coralville, Iowa, 52241, United States. They were able to tell from the label. Consignment shops are for-profit businesses that specialize in reselling items. It's a highly trafficked store, and very close to us. I also was completely unaware that online marketplaces like craigslist, andeBay are also considered second-hand shops. Ivy, Your email address will not be published. There are some items that we just cant take for consignment at Stuff Etc. Also, find out what the house's "sell-through . 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. Online reputation can be a good indicator of what to expect at that consignment shop. I got a total of $3.55 for my bag. People love to talk about themselves.so listen to them. 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). 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. Plus, I love the frenzy, which would be an absolute con for several of my girlfriends! 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! How can you make the most of your Stuff Etc consignment relationship? Click on the following links based on the store your account is located. Have you had any success with consignment shops? Totally worth it! Calculate A Fair Consignment Percentage. Demand for your item. Think you could answer our 5 most commonly asked questions? What is Stuff Etc Currently Accepting? Start your Stuff Etc Consignment experience now! You might use consignment selling for market testing. I will say that you should NEVER under any circumstances send clothing to ThredUP.com! Do I know anyone whos successfully used this platform. ThredUP accepts women's clothing, purses, shoes, accessories, and maternity wear. It was very informative. We started out in 1985 with the name of Kids Stuff and Kountry Kreations. If 1 tote just isnt enough then we do have the option for an appointment, which allows you to drop off 2 totes. Mercari is a resale app that features everything from men's, women's, and children's clothing to electronics and sports equipment. I wonder if those who donate to this store realize if items dont sell within a month, they get trashed. In jewelry sales, the most common consignment percentage is 60/40 (60% of the money from the jewelry sale goes to the artist, and 40% to the shop or gallery). Determine your stock agreement by discussing how many you're trying to sell per design and at what price. You feel good about yourself while increasing your tax deductions, and they place your items on their shelves. Its been 38 years, Iowa!! 2818 Commerce Drive Our demand for these items is year round so consign often! Ive been using Craigslist and Amazon.com for secondhand sales. Pingback: How Can I Sell My Homemade Stuff? My children are 10 6 and 4 and thats exactly what I want to do. Always be happy and talkative. In 2003 we decided to venture into the Cedar Rapids market. It varies from state to state. 1. I find that I can send less-than-perfect items to a consignment sale that wouldnt be accepted in a consignment shop. Sunday11am 5pm. Bonanza is a website that allows you to list your household items for a fee. They find stores like boring. Hope it did not get soiled, or, degraded. Monday Thursday Stuff Black Bag Savings! Its easier for us to help you BEFORE you leave the building. Revenue is usually split 60 percent to the store and 40 percent to you, although everything is negotiable. Check the shop out. Weve purchased furniture in the past second-hand and havent had a problem, but I wonder if you have any thoughts on this? How it works for the seller (or in this case, donater). How can find out what year/season the garment was made? 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. Do you have a preference or experience finding better deals at thrift shops vs. consignment stores? I cant understand this insanity. Ive been googling how I can tell from the label myself, but all I can find is the RN number which is not indicative of the year the actual garment was made. A 20% gross profit seems very low to anyone operating a business. My motto is you know what you might find, and people love that. Owned by parent company Platos Closet, Once Upon a Child is a great place to sell your gently used childrens clothes, especially name-brand items. 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). 906 E 1st Street. I might be missing out on a couple of bucks from that item, but Im avoiding the hassle of selling it while also helping a good cause. If the item is less valuable or a consignment shop has already turned you down, then a thrift shop will likely be willing to accept it as a donation, which will be better than the item ending up in a landfill. Come to think of it, my mom kind of runs a consignment shop with her yard sale! In fact we have a section on our website that shows everything we take year round, no matter what month it is! Thank you for your comment! The selling sites on Facebook are worth selling childrens items or what else you want to sell on there to get some extra cash. You can expect to be charged a 25% to 60% commission, which the shop collects as its profit. This definition encompasses both thrift stores and consignment shops, which are very different types of business. No flow charts or diagrams needed, promise!! I was completely oblivious to consignments. 2818 Commerce Drive Once you accept the offer, the dealer will handle all the financing and paperwork to transfer the RV title for you. At Stuff Etc our bathrooms are always located near our Changing Room areas. We sold a few childrens dresses at a thrift shop. 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. There are some scenarios (like donating an old car) where the tax-deductible receipt is a lifesaver, but I rarely actually use it. Quality Consignment Stores has grown from a small secondary shop in Iowa City to a well-recognized chain with seven stores across the state. This is a great option if you want immediate, same-day results and never worry about your crap again. Is it in style? I do think theyre better than consignment shops. Consign early to get the highest return on your items. Its unfortunate that it gets a bad reputation based on the ignorance and limitations of someone personal experience. In December of 2005 we opened a second Cedar Rapids store on the east side. The costs and procedures drastically vary from platform to platform. You can also choose to accept store credit for a larger sum. Stuff Etc has an overall rating of 2.6 out of 5, based on over 25 reviews left anonymously by employees. 2818 Commerce Drive The highest should be 20%, but many will reduce that to 10%. After 6 years we outgrew this location and moved into a new location on Pepperwood Ln that had 10,000 square feet. Consignment shops are for-profit businesses which specialize in reselling items. organization, etc. ThredUp will then send you a Paypal payment for the items you sent. Next, look at reviews, which should have experiences from both buyers and sellers. It turns out there are four types of second-hand shops consignment, pawn, classified and thrift. 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. They usually pop up for a weekend, 2 to 4 days, in random vacant spaces. We downsized to a smaller apartment last year and our stuff has been piling up with no where to go. Consignment shops are locally owned businesses with a mom-and-pop feel. You own the product, in their shop, and are responsible for stocking the store shelves. 2818 Commerce Drive The percentage share of the retailer ranges from 25 to 50 percent, depending on the store and the type of merchandise. The term second hand store can mean a lot of different things to a lot of different people. Looking for something new to do? You receive $10. Then, once you start consigning, we'll keep . Courtney, Consignment shops typically operate in one of two ways: While consignment shops are for-profit businesses, thrift shops are typically non-profit organizations run by charities. The platform accepts most items, as long as they are capable of being shipped. Your item will have a harder time standing out, but there are literally hundreds of shoppers ready to load up their cars. Selling your gently used, quality items can be a good idea if: For the vast majority of used clothes, jewelry, household and other items, selling directly to a thrift store, buyback site, or directly to the seller is usually a better deal because it is quick, less work, and you can easily get rid of items you do not need or want. When the payouts from other second-hand shops would be tiny, I prefer to just donate those items. Its mind blowing. I would have gladly donated them to a family in need instead of lining the pockets of a scammy corporation. Read on! Now that you know please share the knowledge next time someone asks you! . There IS a consignment shop nearby here in South Orange County, California in Newport Beach but i hear that they are snooty at buying your stuff (and many times, they have been known to not even take any of your clothes!) There are two consignment options physical shops and weekend sales. Just like every other retail transaction, consignment shops are also going online. Youll need antique furniture or nearly new high-end pieces. Here's a list of what to cover: Inventory. A LOT of 'Consignors will bring you 'stuff' THEY tried to sell already. Get the clutter out of our house and get the stuff we need for the kids in exchange. I sell books, pottery, sandwich grills, small furniture, jewelry, and whatever else. Suppose you take a designer purse to a local consignment shop. At the end, they offer a quote for the cluster of items theyre interested in. But unless you make a decent amount on any given sale, you could potentially make nothing. Any money they make by selling the donations theyve accepted is used to fund the mission of the charity that owns the non-profit. You can also sell via online platforms DiamondsUSA for all diamond jewelry, and CashforGoldUSA for gold, silver, and platinum jewelry, coin collections, scrap and bullion. Coralville, IA 52241, Copyright 2023 Stuff Etc - All Rights Reserved. Answer: Always check for a coupon or scratch card on the Stuff Etc app. It might be a fairly inexpensive way to learn how or if a new product will sell. THEY ARE AMAZING! Meanwhile, in Coralville, we began building a new store on Commerce Drive that was 36,000 square feet on 2 levels (our current location). Today I just put the right words in the search engine. that have already been owned and used. With classifieds (person-to-person sales), you can save that money, but now you are the one connecting with potential buyers, negotiating prices and handling the transaction. Stay-at-home mom divorce: Follow these 3 steps to prepare . Each Stuff Etc store takes the last 2 years style of clothing and accessories. There is usually a seller's fee; the average fee is 10-20%. 2818 Commerce Drive The jack up the prices way too high, instead of lowing prices, they smash, crush, and trash it. Tradesy. 50% to the retailer. eBay Consignment Fees. First, users can list their items on Facebook Marketplace. However, I think the pawn shop description is wrong. Why Consign your Quality Used Clothing or Housewares with Stuff Etc? Located at 2818 Commerce Drive, Stuff Etc Coralville is your one-stop destination for all your consignment needs. All battery-operated items must have working batteries in them. But like Courtney said now I know! Thankfully, there are quality buyback businesses, including some in your town, as well as reputable online sites. Bring your best items! They should sell items as if it were a garage sale a couple bucks- a few cents!!!! In any case there will be a margin on the product. Shop all day long with your black bag and save 20% on all full priced items that fit inside the bag, Thursdays:Additional 10% off all clearance items that fit in the bag. With some apprehension, we rented an 8,000 square foot space in Coralville. An example would be if Tyra takes a dresser to Ken's Consignment Furniture Store. In December, I made over $4,000.00. I regularly donate my baby clothes to local shelters (obviously, not a second-hand shop, but a non-profit). What is the different between a consignment store and a thrift store? document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Privacy Policy & Terms | Is it better for you to just be done with it? 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 . You can find all the latest home dcor and furniture styles plus dress the entire family in the brands you love. etc. 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. 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. I think youll get better results from the next types of second-hand shops classifieds. 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! . One of these days I will do it and might even blog about it, lol! Some of the items that they didnt accept had never even been worn but they said they were dirty or had too much wear. This rating has decreased by -16% over the last 12 months. Country decor was on its way out, so we dropped that completely and decided to change our name to Stuff Etc. It depends on your situation.
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