Allotting Better Platform For Your Jewelry

Written by jessicaolien on 5. May 2018 14:24 o'clock

    

There are many people who want to design jewelry and they have the experience and expertise to create masterpiece, yet they are unable to build their own brand just because they do not have any exposure to the market and opening a own showroom in a good market place can cost you a fortune which could be beyond their means. In these circumstances, the best option is to create your own place in the market that can be done by jewelry consignment. If you want to get more information follow our website.

What is a consignment sale?

It is an agreement or contract signed by the manufacturer of the jewelry with the store owner who displays the jewelry in his store. The owner of the store charges certain percentage of the sale as fees for the services delivered to the manufacturer regarding the sales of the jewelry. It is quite important to read every detail of the clause before signing the agreement. This arrangement is quite a good option to promote your brand with the minimum investment in your business.

Factors to be considered before signing the agreement

  • Time period for display: It is quite important to clarify the duration of the display with the store owner. You should also make it clear that what will be the arrangement if the jewelry on the display is unable to sell in the given duration of time.

  • Consignment percentage: This percentage is decided by the store owner and the manufacturer. This varies depending upon the services provided by the store owner and also the reputation of the store owner as well as the store.

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