consignment sales
Goods sold conditionally
Consignment sales are a retail arrangement where goods remain the property of the original owner until sold.
The consignee (usually a shop) displays and sells items on behalf of the consignor, taking a percentage of each sale as commission.
Common for antiques, clothing, and artwork: She put her vintage dresses in a consignment shop.
The seller bears the risk if items don't move.
- pop-up shopsTemporary retail installations
- trunk showTraveling designer retail event
- drop shippingSelling goods you never stock
- fiduciary dutyObligation to act loyally
- online marketplacesWebsites facilitating commercial transactions
payment terms · warehousing · revenue sharing · inventory management · thrift stores · vintage clothing · consignee · contract negotiation · wholesale distribution · pricing models · shipping labels · risk management · delivery schedules · escrow accounts · tracking systems · secondhand goods · resale value · job creation
- resaleresale, eBay, secondhand goods, Poshmark, thrifting
- collectibles auctionsauction catalogs, auction houses, auction listings, auction prices, lot numbers
- gun tradegun dealer, gun shop, gun store, gun show, arms dealer
- revenuegross revenue, net revenue, total revenue, revenue streams, ad revenue
- Sales Typesliquidation, e-commerce
consignment salescash on delivery
Payment at receipt
COD · upfront payment · advance payment · cash sale · advance purchase
consign, consigned, consigning, consigns, consignment, consignments, sign, signs, signed