Initial Contact: Customers contact the store to express consignment consignment interest.
Provide Details: Customers provide item information and photos (brand, model, purchase date, condition, etc. ).
Preliminary Assessment: Store staff conduct a preliminary assessment.
Appointment: Schedule an in-store visit if the assessment is approved.
II. In-Person Meeting and Inspection
Inspection: Store professionals inspect the item for authenticity and condition.
Evaluation: Communicate the final evaluated price and consignment fees to the customer.
III. Signing the Consignment Contract Fee Structure:
Items valued at $1400 or below: $220 flat rate.
Items valued between $1401 and $10,000: 12% of the item's value + $50 service
Items valued above $10,000: 10% of the item's value + $200 service (Service fee includes authenticity certificate and shipping costs).
Contract Terms:
The minimum consignment period is 6 weeks. If the customer wishes to terminate the agreement within this period, a $150 early termination fee will be charged.
If the item is determined to be counterfeit, a $150 service fee will be charged.
If the item is not sold by the end of the consignment period and the customer wishes to terminate the consignment, the item must be retrieved within 3 business days.
Contract Signing:
Confirm evaluated price and fees.
Sign the consignment contract.
Provide identification and proof of purchase (if available).
IV. Item Consignment
Listing: Photograph and list the item in-store and online.
Promotion: Promote the item through social media, email lists, and partner platforms.
V. Sales and Settlement
Sale Completion: Notify the customer when the item is Confirm transaction details.
Settlement: Deduct fees and pay the remaining amount to the Provide a sales statement.
VI. Unsold Item Handling
Consignment Period: Communicate with the customer if the item is unsold. Options: extend consignment, adjust price, or retrieve the item.
Item Retrieval: Schedule a Inventory and return the item to the customer.
