Furniture Consignment: The Smart Strategy Buy or Sell
If you are one of those particular who love interior design and with high standards for antiques and furniture, a furniture consignment is an ideal business for you. Since furniture is one of the extremely progressive sections of the resale business, you can gear towards recycling your old furniture and help seem new.
Some non-furnishing stores add furniture to their inventories or opens instant, single-furnishing setting to make their business more lucrative. They believe furniture consignment business boost their monthly income.
First of all, what is consignment? It is a sales strategy in that your product is given for reselling. It works your basic premise that only what is sold often be paid. Unsold products get returned after an agreed period of time.
This method is seriously popular nowadays because of the concept no capital is wasted. It is differentiated from buying items for reselling and being stuck in your shelves for long periods without moving. If your items are consigned, a seller only pays for he was able to industry.
When you want generate sale, all you must do is clean well-adorned furniture and accessories, then display and merchandise them for your owners. You can transform your good home to a cozy antiques shop by adding more sofas and tables giving an atmosphere of aged-look, yet with a graceful style. You could add some paintings, prints, and decorative items to your stock for resale.
If you have plans of getting into the sort of business, you really require spend a practical amount of time going out to people’s homes to evaluate furniture pieces, then taking it away to your shop. This is usually a perfect industry for the entrepreneur because you put your items on consignment and bring your furniture on a store for sale under contract. Then, if for example the items are sold, you as the consignor obtain payment from the consignee or the store.
This business is artistic. Investment costs are smaller compared to most retail operations. You may also have the satisfaction of helping your customers achieve great purchases for reasonable price, and will be surprised to the attractive pieces that will walk by your door at any time frame.
You should also have a good taste for quality as well as current fashion, and have a little interest about something antiques and collectibles. It’s also wise to venture out for a suitable cut rate for marketing.
Your customers will end up being same kinds of people who buy at home furnishings outlets and other antiques stores. All you need is to draw their attention and sell them the advantages of shopping with you. Routine advertising methods such as radio and newspaper are also ideal to advertise your shop.
However, you can also consider more convenient way by hosting furniture and collectibles shows and provides seminars or workshops on furniture design with local group. You can also share these designs, antiques and collectibles to community centers and colleges. Be inventive in promoting your shops and be effective in increasing your sale.
Mountain Living Home Consignment
10009 W. River Road, Truckee, CA 96161
(530) 536-5046
