[Jewelry making - Article 01203] - Re: [Orchid] Approaching stores and consignment contracts?

[Lee]

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    I really think  that you should re-think this policy.  Not only do
    you provide 'space', it is also your responsibility to safe-guard
    against loss (theft & otherwise) or damage, you pay 100% of the
    selling expense for upkeep of your location, utilities, salaries,
    etc., and you or your employees do all of the selling of the
    merchandise.  If you sell a consignment piece this month, and it
    comes back next month due to a defect, what will you do if the
    consigner no longer consigns to you at that point? You need to keep
    in mind that when one of your customers buys a $20.00 consignment
    item, you will get $4.00 to cover all of these expenses.  PLUS, the
    customer DIDN'T buy that OTHER $20.00 item that YOU have already
    paid $10.00 for, and would have gotten $10.00 to cover your overhead
    expenses with.  These consignment goods are in competition with your
    regular merchandise, and you stand to lose quite a lot of money when
    the sales are of consignment goods instead of your own merchandise,
    if you don't get sufficient margin on them. 

Lee Cornelius

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