Both as a jewelry artist who has delivered his work in the past and as a shop owner who offers a range of artist works for sale on consignment, I really highly recommend him. There is, of course, a caveat which is that the artist and the shop must adhere to each other and to themselves to the highest professional standards. It seems to me that when I hear about the unfortunate results of a broadcasting contract, one or both parties should have heeded the red flags before even reaching an agreement. As a shop, I have a consignment contract that outlines expectations in terms of exclusivity and replenishment of goods (by the artist), as well as reporting, inventory and payment (by me). I constantly hear artists say that they are pleasantly surprised at how meticulous and fast we are in monthly inventories and salaries, so I`m sure that`s not the norm. As an artist, I don`t leave a store that doesn`t exist in terms of their online or window presence. And I need some kind of written agreement (but not necessarily as detailed as ours), as well as regular communication about sales and customer response. I just took several of my jewelry out of a store, about an hour from my studio, because sales didn`t work as expected. Nothing wrong with the store, but probably not the right demographics. So we both lived and learned. I think the show is a great way for both parties to “test the water,” and it`s a great way for companies to try their luck with a new artist.
It can take several months for sales cycles to develop, so I think the minimum test duration should be at least 90 days and should actually prefer 6 months. Then the partnership can be converted into a wholesale contract. As an artist, I have a shop that buys some of my “small” pieces in bulk, but also offers more unique pieces to order. It was a win-win situation for everyone! What do you think is a fair consignment price? I did some research and found that most places (for which I was able to find prices) seem to deliver for 40/60. I open a supply of upcycling crafts and a locally handmade shop. There are a lot of talented people, especially seniors, on the ground who don`t have an outlet for their skills because they don`t know how to register on the Internet. I`ve booked a special area of my shop for locally handmade items, but no one seems to be interested as they feel my 30% fee is too high. I decided to go 10% beyond what I thought was the average in my research because I want to help people, for me it`s more about putting money back in the pockets of artisans so they can continue to create, but I`m afraid that if I go less than 30%, I might as well go ahead and tell people, that they can sell their items for free. If I didn`t have overhead, I would do it anyway, but I`m afraid my store will be very short-lived if I can`t pay utility bills. LAUGHING OUT LOUD.
Do you think 30% is too high, if so, what should I drop it on? I don`t have the start-up capital to buy enough $35.00 tutus to fill the handmade area! Although I have sold both consignment and wholesale over the years, in addition to craft fairs, online, etc., it is very unlikely that I will sell on air again; I`ve had too many bad experiences and even lost what I thought was a good friend because she opened a business and when times got tough, I was one of the last shippers to get paid. I also had a few stores that disappeared and others that just paid extremely slowly. I would like to hear from those of you who have worked well with the consignment agreements! You can buy examples of consignment agreements here: I have been dealing with a consignment company for several years, and it works well. The owner is professional and always pays her bills on time. My comment is about shoplifting. If the jewelry I have in a store is stolen by a shoplifter Can I lay charges? I own the things that were stolen. I don`t know if the store will make any accusations because they are nothing. Does anyone know how it works? I don`t think most store owners are looking for shelf fillers. If the products are not sold in their store, they do not make a profit (either wholesale or consignment). Consignment can give a small craft business a better chance of getting started, as they don`t have to invest all their money in bulk buying upfront.
It seems that shippers who complain about consignment fees do not realize that the business owner rents, utilities, insurance, security system, credit card fees, marketing, web service, packaging materials (bags, tissue paper, cardboard boxes, etc.). The business owner is also responsible for collecting and paying sales tax, cleaning the store, and staffing. None of this includes start-up costs for furnishings, signage, painting and decorating work, inventory management system, etc. Let`s not forget that in case of bad weather, the business owner also needs to make sure that snow removal from the sidewalk outside shippers should definitely do some research before putting their goods in a store An OMHG reader sent me an email in response to a previous article I had written about entering the wholesale market and asked for directions with their company. This prompted me to spend a little more time thinking about wholesale versus broadcasting and why broadcasting can be dangerous. I`ve had good and bad experiences with the show. Especially good. However, the wrong thing was bad and I will no longer deal with this company. They had put my stuff in a model apartment. How should it sell there? Uh, that wasn`t the case. If they had bought it in bulk, it wouldn`t have bothered me, but it was a shipment. It was there to be sold, not to be loaned to an apartment building for their model unit.
They also lost a piece. I recovered everything and decided which items they lost. But what I`ve learned from this is that you really need to check your items often when they`re in consignment stores! The gallery I work in is sold mainly by SOR (sale or return or by consignment), and only a few of our jewelers and ceramists are bought. It`s completely impractical for a company to buy a large order of items, ESPECIALLY if you`re a new supplier and they don`t know how their customers will react to the new job. It may be different in the US, but in my experience it`s common here in the UK to sell via SOR to galleries/retailers. Our gallery is reputable and prides itself on paying on time, answering questions, etc. and return the job when asked, maintain stock levels and sell well. The idea that items are “shelf fillers” is ridiculous! We also want to make money! Yes, you have to look for where you want to place your work, but I think to say that the show can be “bad for business” is very unfair. I`ve been doing shows in two local stores for about a year. One is a great relationship that is profitable for both parties, and the other seems to be more of a “shelf filler.” I also have an online store www.amoredolceshop.com where I can sell my items directly. I think selling my products in different ways helps me reach a wider audience. I haven`t tried it roughly yet, but you never know what the future holds! Thank you for the insight! Hello April! It was very helpful to me, I`m in a shop of a non-blood cousin who first said she wouldn`t charge me a penny to exhibit my work in her store because it was family, I wasn`t too worried about a deal, she did it for free..