“Consignment Shop” is an American term for shops that sell used goods for owners (consignors), typically at a lower cost than new. With Consignment, it is usually understood that the consignee (the seller) pays the consignor (the person who owns the item) a portion of the proceeds from the sale. Payment is not made until the item sells.
Hello My Goodbuys Consignment differs from traditional consignment shops in that we do not maintain item inventory. There is no physical location for customers to visit. All sales are done online — and thus our service reaches MILLIONS of potential buyers around the country and/or world. The customers are regular folks who are searching for an item like yours.
The consignor retains possession of the item. If the item does not sell within the agreed upon time frame, the owner/consignor can donate/dispose of the item at his or her discretion. If you change your mind about selling a particular item, you can request to end the sale with advanced notice.
Consignment through Hello My Goodbuys differs from charity or thrift shops, in which the original owners surrender physical possession and legal title to the item as a charitable donation, and the seller retains all proceeds from the sale. They also differ from pawn shops, in which the original owner can surrender physical possession and legal title for an immediate payment, or surrender physical possession of the item in exchange for a loan, and can only reclaim the item upon repayment of the loan with interest or else surrender legal title to the item. When you sell through Hello My Goodbuys, the consignor retains complete possession of the item until the item sells.
Our service includes:
– meet with consignors
– photograph products
– write descriptions
– list and price items
– answer buyer inquiries
– package merchandise
– mail packages
– process payments
– pay the consignor
– product blog site
– Twitter promotions
– Facebook presence
– local marketing
– internet marketing
– 40 years $ales experience
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