Sunday, October 6, 2013

Online Consignment Stores



ONLINE CONSIGNMENT STORE #1: THE REAL REAL



POTENTIAL MONEY: 60 percent of selling price goes to you, 40 percent goes to The Real Real.

THEIR SALES: Unknown – they sell on their site, and not Ebay.

CONSIGNMENT PERIOD: 180 days

WHAT YOU DO: Sign up as a member and complete an online form with a description of your items and their approximate original price. A sales rep will email you with confirmation of what pieces they’ll accept.

THE PERK: Lucky enough to have 10 or more designer items and live in LA, San Fran, San Diego, Dallas or the NYC tri-state area? Then you can skip the shipping cost and set up an in-person “white glove” appointment with The Real Real by emailing stylist@therealreal.com.

KEEP IN MIND: You risk losing money on shipping costs. Although the website says shipping is “free,” the reality is that you’re reimbursed once your item sells via a credit for purchases on the Real Real.

YOUR UNSOLD CLOTHING: If you want your unsold pieces back after the consignment period ends, you absorb shipping costs for the return.
ONLINE CONSIGNMENT STORE #2: E-DROP OFF





POTENTIAL MONEY: 60 percent of selling price goes to you, 40 percent goes to eDrop-Off.

THEIR EBAY SALES: 72,052 sales at time of publish.

CONSIGNMENT PERIOD: 45 days

WHAT YOU DO: Visit the eDrop-Off website to fill out their online form with your contact information and description of the designer pieces you’d like to consign. They take clothing, shoes, jewelry, accessories and … modern-styled vintage!

THE PERK: Recently featured on VH1′s “House of Consignment” and the site averages 90,000 pageviews a day. The more eyeballs that see your piece, the better chance it has of selling for top dollar.

Also, eDrop-Off will schedule a complimentary (free shipping!) UPS pick-up at your home.

KEEP IN MIND: Your pieces need to be top designer and top trend. Think Louis Vuitton, Chanel, Burberry, Prada and Gucci or contemporary brands Theory, Tory Burch, Vince, Elizabeth & James and Alexander Wang.

YOUR UNSOLD CLOTHING: According to eDrop-Off, rarely does an item “go unsold,” since they have a 98 percent sell rate.
ONLINE CONSIGNMENT STORE #3: RECYCLE YOUR FASHIONS



POTENTIAL MONEY: 50 percent of selling price goes to you if the item is sold by Recycle Your Fashions for $499 or less. If sold for over $500, you receive 60 percent of the selling price.

THEIR EBAY SALES: 4,232 sales at time of publish.

CONSIGNMENT PERIOD: 90 days

WHAT YOU DO: Fill out their handy online contact and garment description form. They’ll contact you with their list of approved items for consigning with them.

THE PERK: You have to drop your own box off at the post office, but Recycle Your Fashions absorbs shipping cost by emailing you a pre-paid shipping label. Plus, brands accepted include names most women have in their closets right now (like Ann Taylor & J.Crew) and the site touts selling great vintage pieces, too.

KEEP IN MIND: You have to provide your own boxes to ship your clothing to them.

YOUR UNSOLD CLOTHING: Either the items are donated to a local thrift store or you choose to pay for return shipping back to you. The item can also be listed at a starting bid of $9.99, and if sold you will receive half the selling price minus the eBay fees.

ONLINE CONSIGNMENT STORE #4: LINDA’S STUFF



POTENTIAL MONEY: If Linda’s Stuff sells your item for under $1,000, you get 62 percent of selling price. If sold for over $1,000, you get 75 percent.

THEIR EBAY SALES: 270, 933 sales at time of publish.

CONSIGNMENT PERIOD: 90 days

WHAT YOU DO: No online forms here. Call Linda herself at 1-866-68-54632 to get the scoop on what brands she’s looking for and if you’ve got what she wants!

THE PERK: Out of the five on this list, Linda’s Stuff offers the highest percentage of profits to the consigner! Plus, on top of free UPS pick-up and shipping of your items, regular sellers with Linda’s can earn gift cards to brands like Tory Burch, Gucci and Coach.

KEEP IN MIND: Linda’s designer names list is quite expansive and even includes a few contemporary brands like Puma, Zara and J. Brand. Oh, and she sells vintage!

YOUR UNSOLD CLOTHING: No information listed.
ONLINE CONSIGNMENT STORE #5: THREADFLIP



POTENTIAL MONEY: Unknown, because Threadflip’s White Glove consignment service is brand new, so they aren’t advertising what the percentage split is yet.

THEIR SALES: Unknown, since the consignment program is still in “pilot” mode.

CONSIGNMENT PERIOD: Unknown.

WHAT YOU DO: Give them your email for an application form to be sent to you, and then wait and see if your goods are chosen.

THE PERK: Threadflip sends you a box and a pre-paid shipping label, but you have to drop it off at the post office yourself.

KEEP IN MIND: It’s currently in “pilot” stage, so Threadflip may or may not accept you to participate. Plus, they may or may not do a good job selling your clothing — this is a wild card inclusion that we’ll just have to watch and see!

YOUR UNSOLD CLOTHING: No information listed.