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I agree with [USER=33279]@TheGecko[/USER]. The problem with consignment many times is the record keeping, and not wanting to pay for what was sold.I have sold my soap in consignment locations many times and the problem has always been the record keeping. As I business owner I am record keeping driven so at every place I sold on consignment I had a spreadsheet showing what I had delivered. I always left a copy of the delivery sheet with the shop. When I would go into the shops to restock the delivery records went with me. I would count what they had on hand and expect to be paid for what was missing. Their reports were ALWAYS different than mine. They always reported less items sold. But they could never account for the missing soap. One shop would sell product with no idea of what they sold so sale of my product was always off. Needless to say I pulled out of all consignment shops. I was just offered a chance to sell in another location on consignment. I love the store and am a frequent customer however the shop owner doesn't track her own inventory. Even though she has other people selling on consignment her system for tracking sales involves cash and an envelope. I offered wholesale and we are currently working on ironing out those details. NO ONE keeps track of our products the way we do IME. I may have missed the original story of how you met this vendor and started into a consignment relationship with them, but is there a reason you are a regular vendor at this market?Can your spreadsheet be printed and shared with her to make it easier if you continue this relationship?
I agree with [USER=33279]@TheGecko[/USER]. The problem with consignment many times is the record keeping, and not wanting to pay for what was sold.
I have sold my soap in consignment locations many times and the problem has always been the record keeping. As I business owner I am record keeping driven so at every place I sold on consignment I had a spreadsheet showing what I had delivered. I always left a copy of the delivery sheet with the shop. When I would go into the shops to restock the delivery records went with me. I would count what they had on hand and expect to be paid for what was missing.
Their reports were ALWAYS different than mine. They always reported less items sold. But they could never account for the missing soap. One shop would sell product with no idea of what they sold so sale of my product was always off.
Needless to say I pulled out of all consignment shops. I was just offered a chance to sell in another location on consignment. I love the store and am a frequent customer however the shop owner doesn't track her own inventory. Even though she has other people selling on consignment her system for tracking sales involves cash and an envelope. I offered wholesale and we are currently working on ironing out those details.
NO ONE keeps track of our products the way we do IME.
I may have missed the original story of how you met this vendor and started into a consignment relationship with them, but is there a reason you are a regular vendor at this market?
Can your spreadsheet be printed and shared with her to make it easier if you continue this relationship?
