Needing help again

B

bug12oz

Registered Guest
hey guys.

I have 2 people that are wanting to buy their vintage clothing. one is local to me the other is in New York.

The new york girl has several pieces from the 1940's and is looking to sell. Is there anyone local here that might be interested? She sent me pics.

I don't really want to buy from people yet since I really haven't even touched about half of my grandmother's stuff. Th other lady that is local is thinking consignment or me buying them. She said that she didn't want to give them away since they had some value to her.
Any ideals or suggestions on consignment?
 
The best advice I can give you about consignment is <B>Don't Do It!</B>

It's a major pita, your consignee will quite likely nag you til it's all sold, and then they'll want to know why it didn't sell for more. Been there - done that. I will NEVER do it again. In fact, it's the reason I refuse to be a trading assistant on eBay, too.

So - as to the NY girl, if you'll u2u me her info, or get mine & send it to her, I'd love to talk to her. I may be 3000 miles away from her, but if the price is right, I will gladly pay to get it here!

TIA
leisa
 
Jamie,

If anyone is going to buy from this gal long distance, it should be you.

I can give you some tips about making it happen, as I have done it pretty successfully :)

I'll drop you a line

Chris
 
The New York gal contacted me , too - don't know how she is getting the email addresses. Could be from individual websites. But apparently she is contacting a bunch of folks.

Hollis
 
On that local lady, would you consider buying from her outright? If you want to stay in the biz, you will need to have sources outside of your grandmother's stash eventually. I don't know what you have, but I DO know that inventory is not something to sneeze at. I agree with Leisa, consigning is hard except in certain circumstances (i.e. a good friend that would truly be happy to make anything, etc.). Forgive me, I'm not up to speed on your situation Jamie.
 
It's okay Maggie.

The stuff I have from grandmother's is enough for the next year. I have sources here already to buy from.
I think I will try to buy outright, but I don't want to quote too low nor to high. I am still in the learning process and don't really know an offering price. But there is always a first time for everything.

I like the stuff from the girl from New York, and I have my email on my contact page, so that is where she got my email address.
 
I think I will try to buy outright, but I don't want to quote too low nor to high.
Click to expand...

I know, that's the hardest, especially to do quickly. This is probably obvious advice, but I like to pay 1/4 of what I think I can make on a lesser item and am willing to go up to 1/2 of what I think I can make on a spectacular item. I have definitely learned not to go piece by piece, but to come up with a figure for a number of items. Sometimes the owners will balk when they hear $5, but they are happy to hear $200, where each item is $5. Good luck to you!

(Cool to have your grandmother's stash!)
 
Jamie, ask her also what she would like to get for them,

If it astronomical, at least you have a starting point.
But most of the time its pretty reasonable

Chris
 
The local girl has said she no clue on value, but I don't want to rip her off. So I feel that I will be honest and open up front and go with the advice of Maggie.

Thank you guys for all your help. As always, you guys have the answers and advice I need to keep me coming back for more!!!!
 
wot is meant in the usa when you guys talk about consignment buying?
sara x
 
Consignment buying is when one person consigns items in a shop, and the shop owner offers it for sale, and instead of buying the item outright, the sshop owner gives a set and standard percentage to the consigner if it sells. They may have a time limit for how long they keep the item, or may discount after so many days.
 
I only do consignment if I think the item has a chance of going at minimum over $100. I ask 40% of the profit (that's after fees are paid). It is a pain, but I do it for people I buy from outright, usually on fur pieces.

As for stock, I'll buy it whenever I can, no matter how much I have. This stuff isn't like apples, it's not coming back in bloom next year. I have boxes and bags that I haven't touched in a year...of course, I have storage space for it. Anyway, if you can get it cheap, get it! If you change your mind later, you can do a lot sale and be done with it within 2 weeks.

Jenn
 
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