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WHICH TYPE OF CONSIGNMENT OR RESALE OR THRIFT SHOP SHOULD I CHOOSE?
All shops that sell gently-used
goods are resale shops. Within resale, there are consignment shops, buy-outright
shops, and thrift shops.
Consignment shops
accept merchandise on a consignment basis, paying owners a percentage when and
if the items are sold. Most pay consignors from 40% to 60% of the selling price,
and have a policy of displaying goods for anywhere from 60 to 90 days. Usually
unsold items can be redeemed or the shop can arrange for them to be donated to
worthwhile local charities.
Buy-outright shops purchase items they can
resell from individuals or wholesale sources.
Thrift
shops raise money for nonprofit charities. These range from The Salvation
Army and Goodwill types to
the smaller church-based shops run by volunteers. They obtain goods through donation or consignment. Some thrifts do
both.
BUT IT MIGHT BE CALLED SOMETHING ELSE IN YOUR NEIGHBORHOOD!
Depending on where you live, and where you're from, and where your
neighbors are from, local usage of these terms may vary. It's easy enough,
though, to figure out which type of shop is which: just ask! Any shopkeeper is
more than happy to explain her (or his) business to you!
WHICH IS BEST FOR ME?
If you enjoy sharing in the profits, and the risks, of consigning, become a
partner in the process with a consignment shop. To clear out items you wish to
pass on with little fuss, a buy-outright shop's procedures might suit you
better. And finally, for clean, usable (but not necessarily terribly
fashionable) possessions, donate to a thrift shop whose charitable mission
resonates with you.
What is consigning?
The benefits of
consigning
What if I want to start my own shop?

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