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| Re: [Orchid] Wholesaling one-offs | ||
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From: Freak Style Date: Mon Jan 30 16:15:26 2006 |
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========[ Invite a Friend - http://www.ganoksin.com/invite.htm ]======== Several years ago I worked for a family member who is an optometrist. He sold frames that he had bought wholesale and consignment frames. Most of the frames he bought wholesale were at a large discount because he tended to buy end-of-line frames. For several reasons he always steered customers away from consignment frames and rarely sold any. His reason were these - the demographic of the area - a lot of pensioners who didn't care about the latest fashion trends but did have to spend their money carefully - he could give them an excellent price on his discounted end-of-line frames. He could also make a very tidy profit on these items even giving the customer a price about half that of his competitors. The other reason was that he needed to keep track of consignment stock - if it wasn't moving then it wasn't hard to track. (He didn't keep track of his own stock). I have never considered selling jewellery on consignment because I saw how the process worked in that shop - the reps worked very hard - rotated their stock regularly and tried to maintain a good relationship with the optometrist but they still could not sell any reasonable amount of stock in that store. Also, their stock was put into the furtherest darkest corner of the shop, all together, so that a customer could be shepherded away from all consignment stock in one easy movement - they were also "warned" about those frames if they showed an interest - told that they were made from inferior components or "made in china" (like everything else wasn't). I know spectacles aren't jewellery... but I can't see any reason to expect that the concept is not the same.... I am easily intimidated and often screwed over so I really feel that the consignment path would be too much of an ordeal for me... I am guessing whether this sort of arrangement suits certain people probably has at least a little to do with their personality and people skills. I think there's a lot that can go wrong with consignment particularly from the artists' side... but, I also am aware that I am keeping a lot of doors closed to myself by not giving consignment a go - I think if I wasn't so spineless and had some idea of my rights if I were to consign I would give it a go. My advice to newbies would be to research how consignment works before jumping right in... be careful about where you put your work - be a customer before you approach a store... know the way they treat their customers before deciding if it is the right place for your work... expect to make mistakes and lose out occassionally while you learn the ropes. Also, if you are a member of an arts organisation that can give you access to free legal advice take advantage of it. Couldn't resist adding my 2 cents R.R. Jackson ____________________________________________________________________ T h e O r c h i d L i s t Open Electronic Forum for Jewelry Manufacturing Methods and Procedures ____________________________________________________________________ Orchid FAQ: ~ http://www.ganoksin.com/orchid/faq.htm Orchid Archives: ~ http://www.ganoksin.com/orchid/archive Orchid Galleries: ~ http://www.ganoksin.com/orchid/gallery.htm Invite a Friend: ~ http://www.ganoksin.com/invite.htm ____________________________________________________________________ Tips From The Jeweler's Bench - Article Archive ~ http://www.ganoksin.com/borisat/tip_sear.htm The Jeweler's Selected Bibliography List ~ http://www.ganoksin.com/jewelry-books Buy Orchid Jewelry: ~ http://www.ganoksin.com/shop ____________________________________________________________________ -Unsubscribe: -Email: orchid-request AT ganoksin.com Body=unsubscribe subject=blank ____________________________________________________________________ |
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