Tuesday, October 23, 2007
Should I order my products in bulk and sell them on consignment?
I have thought about doing this for some time, but I wonder how practical it would be to do so. Even though I'd get a bulk discount and a contributor discount, it would still take a lot of money to order enough products to make an impact, especially when it comes to T-shirts.
I was thinking that by selling my products on consignment locally, it would draw customers to my Web site. I would combine this with buying my own products and act as my own billboard, so to speak. For instance, I could buy myself a T-shirt and put my URL somewhere on the shirt, like on the back.
I would love some feedback on this.
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2 comments:
Tasha:
I think this could potentially work but it would probably be a good idea to let the consignment shop select what they believe may be of interest to the customer base.
Then I would ask the consignment shop for some feedback as to what they think a customer might pay for the product. This foundational information would give you a better guess as to whether the shop would be a good conduit for your products.
Maybe the consignment shop may even have some ideas as to how you could obtain a cheaper bulk rate from some other company.
Cheers,
Shane
Thanks for the tips, Shane! I've thought about savings my designs on CD so I could find someone locally to produce for me.
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