Are You Overpricing?  

If you are disappointed in your sell thru rate and you re you looking to increase it, here are some areas to consider.

Bedding: Most people have crib sheets on their registry.  We don’t take crib bedding sets for this reason.  If you have toddler, twin, standard, or queen bed sets, price them very low.  Bedding can be very personal and people want what they want.  However, if it’s prices low enough, they may want yours!  We suggest around 15% of retail for this category.

Decor: People have a specific theme for their children’s bedrooms, it isn’t likely that your theme is their theme.  However, if it is priced low enough, your theme just might become their theme!  We suggest 25%-30% retail.  Any other decor items, 15%-20% of retail.

Formal Gowns: We know you paid a bundle for that bridesmaid or prom dress however, if you want it to sell you need to price low.  You are not going to recoup your money for that dress, at all, ever.  We suggest 15% of retail for this category.

Clothing: Sizes 0-24 months.  These are the categories that inventory is in abundance.  Everyone gets tons of these items at their shower.  Also, babies don’t generally wear out their clothing before they grow out of it.  Make sets and price low so yours are the ones sold!

2017 Spring Seller Agreement

RI Kid’s Consignment Sale Consignor Agreement Spring 2017 rikidsconsignment@gmail.com This is an agreement between RI Kid’s Consignment, LLC a Limited Liability Company located in the State of Rhode Island and _______________________________________, of __________________________ __________________________________________________________ a Consignor. In consideration to participate in and profit from the RI Kid’s Consignment Sale, the undersigned Consignor has read, understands, and agrees to the following terms and conditions: 1) Consignor agrees to allow RI Kid’s Consignment Sale to sell any or all items checked into the RI Kid’s Consignment Sale. Consignor has set the price for each item and decided if it will be discounted at the half price sale. The children’s sale will run April 5th & 6th and April 8th & 9th The adult sale will run concurrently. You may begin entering items into the system as soon as you register. Drop off appointments will be available to be chosen on February 1st at 7pm. Volunteer shifts will be open to sign ups on February 12th at 9am. All items must be entered into the Database by noon on Sunday April 2, 2017. 2) RI Kid’s Consignment reserves the right to reject any item that does not meet qualifications or may be inappropriate. Qualifications are available on the website at:http://www.rikidsconsignment.com/ or http://rikidsconsignment.blogspot.com/ We do not accept Car Seats, Mattresses, Breast Pumps, crib bumpers, used crib bedding sets, maternity clothing, open packages of diapers, used bottle nipples or any used silicone items related to bottles or sippy cups, food or formula, recalled items or electronic items that must be plugged into a television. Nor will we take Sophie Giraffe or bathtub toys that squirt or have holes where water can sit and grow mold (unlesst hey are new) All Socks, Underwear, and bodysuits ie onesies must be new. Consignor understands that items will be inspected at drop off for seasonality, excessive wear and tear, age, damage, missing parts and stains. Children’s clothing must be less than 5 years old. Items determined to be unfit for these reasons will be returned to the consignor at drop off. If your items are not prepared per our guidelines- you will be required to take them home to fix them and bring them back later in the week. If 15% or more of your items are rejected, you are limited to consigning 100 items until you have two sales where less than 15% of your items are rejected. THIS DOES NOT APPLY TO FIRST TIME CONSIGNORS. 3) RI Kid’s Consignment agrees to pay Consignor 60% of the total sales amount. You also receive a presale pass. This is increased to 65% for volunteering for 1 shift, 70% for volunteering for 2 shifts, and 75% for volunteering for 3 shifts. Consignor can also work an additional 4th shift for an early presale entry, or can waive one of the 5% from the first 3 shifts for earlier entry to the presale. The greatest percentage available is 75% unless you have a separate written agreement from us. A shift is 4 hours. Prove to me that you read your agreement. Email me the word mermaid who knows you may get a treat. Volunteer shifts will be available for sign up on February 12th 2017 until March 19th 2017 You CANNOT pick a drop off appointment DURING your volunteer shift. You must pick an appointment that is not during your volunteer shift. If you chose a drop off during your volunteer shift you will be removed from your drop off appointment and you will need to pick another drop off appointment based on appointments that remain available. If you are a regular consignor you may become a restocker if no regular drop offs are available. Concessions will not be made if you sign up for a drop off appointment during your volunteer shift. 4) The Consignor understands that there is an $11.00 administrative fee that is paid up front as a registration fee. THIS FEE IS NON-REFUNDABLE. We will not refund if you are unable to or choose not to consign. This goes toward the rental space, advertising costs, and credit card processing fees. 5) The consignor understands that payments will be made within 30 days following the conclusion of the sale. The date for this event is May 9th 2017. All Payments will be made via Paypal. Physical address and email addresses must be current in your consignor account. Your email address listed in your consignor account must be one that is attached to your Paypal account to receive your consignor proceeds. Please verify this information and make changes as necessary. 6) Consignor fully understands and agrees that items not picked up on Sunday, April 9th, 2017 prior to 7:30 pm will become the property of RI Kid’s Consignment and may be donated to a nonprofit charity. Items cannot be held after 7:30pm on April 9th 2017. A $25 fee will be incurred by the consignor If items not marked donate are not picked up by the 7:30pm deadline. 7) Consignor agrees that items checked in to RI Kid’s Consignment Sale must meet the following criteria or be subject to removal/disposal: Tagged with a bar coded card generated by the MySaleManager.net software Prepared according to the guidelines on the website (www.rikidsconsignment.com or http://rikidsconsignment.blogspot.com/) including wire hangers, white cardstock, etc. Meet current requirements of the Consumer Product Safety Commission (CPSC) and may not be included on any list of recalled items, contain any hazardous material or exceed lead standards of 100 parts per million (ppm). Consignors must check the following websites to ensure that they are in compliance; RI Kid’s Consignment Sale will not be held responsible if consignor fails to meet these requirements: http://www.cpsc.gov/cgi-bin/prod.aspx http://www.cpsc.gov/CPSCPUB/PUBS/thrift/thrguid.pdf Items must be dropped off during your scheduled drop off appointment. Drop off appointments are available on a first come first serve basis. You may sign up for a drop beginning Februrary 1st at 7pm 8) Consignor agrees that if they check the half price box in the consignment software that their items will be sold for 50% off on the final morning of the sale, April 9th 2017. If the box is not checked their item will still be available, the final morning for full price. Consignor understands that they can pick and choose which items they allow to go half price and which they don’t. Any items marked for Donate must be marked for discount. 9) Consignor agrees that items that they mark Donate in the consignment software will be donated to a non-profit charity on their behalf. Consignor will receive a receipt for their donation. Consignor understands that items they check to be donated will not be available for pick up and cannot be retrieved. ANY ITEM MARKED FOR DONATE, WILL AUTOMATICALLY MARK FOR DISCOUNT. Please print your donation report once all the files have been uploaded after the sale. If an item passes inspection but is later determined to be ripped, stained or damaged and the items is marked discount RIKC reserves the right to sell that item at 50% off prior to the half price day. This will be at the sole discretion of the owner. 10) Consignor understands that there is a limit on the number of certain items brought for the sale: There is a limit of 25 items (sets) in each of the following size ranges: 0-3 months, 3-6 months, 6-12 months, 12-18 months, 18-24 months. 1 item/set per hanger. A set MUST be the same brand and size. Size 3 months should be entered as 0-3, size 6 months as 3-6 months, and 9 or 12 months or 6-9 months is 6-12 months. No limit on Preemie. (RESTOCKING CONSIGNORS are EXEMPT from these LIMITS) Size 12 and up clothing must be no more than 3 years old and must be mall brands or better (ie. abercrombie, american eagle, aeropostale, etc.) Womens and Mens clothing will be no more than 5 years old, all brands are excepted there is a limit of 30 adult items total (including clothing, shoes, books, etc.) Restocking Consignors 10a)Restockers have no item limits on restricted sizes. Restockers may bring up to 75 adult items Restockers may also bring in body suits, pants and tops, dresses for dollar bins. You must use the Dollar Bin Body Suit, pant and top category, all items must be $1 and marked discount and donate. Restockers will pay a reduced consignor fee of $8 items must be entered into the database by 11:59am April 2nd 2017 11) You have one week to dispute items. No disputes will be considered after April 16th 2017. 12) RI Kid’s Consignment Sale agrees to exercise reasonable care to ensure that all items checked into the sale are not damaged, stolen, or misplaced. Any items found without a tag during the sale will be placed in the Lost and Found area. Consignors should check the lost and found area during the scheduled pickup time for any misplaced items. RI Kid’s Consignment will not assume liability or be held responsible for Consignor’s items lost, stolen, or damaged. Any items not claimed from the Lost and Found will be donated. We do not make reimbursements for any lost, stolen, or damaged items. 13) Consignor agrees to hold harmless and make no claim against RI Kid’s Consignment, Mary-Lyn Siderski, any volunteers, any fellow consignors, or the event venue Wide World of Indoor Sports South for the damage, theft or loss of any items consigned to RI Kid’s Consignment Sale. Consignor assumes the risk of these events occurring by participating in the sale. 14) Consignor agrees to waive any and all claims for personal injury resulting from participation in the sale. 15) Seller agrees not to set up in business as a direct competitor of RI Kids Consignment, LLC, within a 35 mile radius, for a period of 24 months or 2 years. This includes any form of consignment based business. __________________________________________________ Consignor ___________________________________________________ Consignor # By continuing you are electronically signing this document and agreeing to its terms edited 1/16/17 restock ms 1/16 Sophie Giraffe and tub toys

Consignment 101

Pre-Planning and Pricing

Clothing:

·         Seasonal clothing only. 

 

Spring Sale
Shorts
Bathing suits
Short sleeved shirts and dresses
Tank tops
Sandals and warm weather shoes
Water shoes
Pants and jeans ok (not lined)


Fall Sale
Snow clothes

Sweaters

Fleeces

Snow boots

Gloves/mittens

            Corduroy/Heavy jeans

            Long and short sleeved shirts
            Fall/Winter shoes (Crocs are OK)

• Sets must be a matching outfit of the SAME brand and SAME size. No matching up a 2T shirt with 3T pants, etc.
• Make sure all items are clean and in good condition. Wash them and inspect them for any defects such as stains, rips, tears, and missing buttons.
• Small items and accessories can be packaged together in bags i.e. socks, tights, new onesies.
• Pricing recommendations are 30% of retail for mall brand clothing (Gap, Gymboree, Old Navy, etc.).  
• Boutique clothing (Janie & Jack, Boden, Tea) should be priced higher according to condition (see our boutique link for approved brands in the sidebar).

Non-clothing

• If the toy requires batteries, they must be included and the toy must work or it will not be accepted at check-in. 
• Large items should have all essential pieces and need to be assembled at the sale.
• Make sure toys are clean and damage free.  Minor wear from use is to be expected.  Vital missing parts are not acceptable.
• Large items often get 50-60% retail, based on condition.

 Entering Items into the system:

When entering use a standard format (Each line is a maximum of 24 characters).

Line 1:  Brand/Store Name (number of pieces if set)

Line 2: Description

Example:

If you do not have enough room on the second line need to put the color in the top line that is fine*

     

• A list common stores and their abbreviations is available in the “How to describe your items” document.

For all items, remember to mark discount if you wish to sell your item for half price on the last day and/or donate if you want the item to be donated to charity if it does not sell. If possible, highlight “Reduce” on the tag. (I try to do this before tags are cut)

Hanging and Tagging Clothing

·     clothes hung on hanger like question mark

• wire hangers ONLY
• Hanger limit for smaller sizes (0-3, 3-6, 6-12, 12-24 months) is 15 hangers. A set counts as 1 hanger.
• Pins and tagging guns to attach tags.
• Be sure to pin/tag in seams or through the tag to avoid damaging the garment
• Tagging gun placement in left armpit or through another left arm seam.  If not possible, barbs can be placed through garment tag.
• pins should be placed at left shoulder seam of garment
• If the garment buttons, snaps, zips…do it. 
• Smaller items in Ziplocs should be sealed and taped closed.

Non-clothing

• do not tape over the printed label bar code
• books can be placed in bags or wrapped in plastic wrap
• attaching tag to books, not in bags, should use painter's tape to prevent damage
• toys with multiple pieces need to be in secure bags
• Toys too large to bag, that also have multiple pieces, need to have all pieces secured.
• Zip ties can be used for attaching shoes to each other.
• DVDs (no VHS) should not be sealed shut so they can be inspected
• Crib mattresses only with crib or toddler bed, may not be sold separately

Consignor Duties

• Register and sign up for drop-off shift and any volunteering shifts
• Enter all items in data base, tag and hang correctly
• Arrive, on-time, for drop-off shift. 
• BRING printed and signed seller agreement, self-address (no stamp) envelope for your commission check
• Be as organized as possible.  Gather clothing according to size and gender.  It helps YOU when hanging the clothes on the racks.  It will make it go faster and prevent people from trying to take your rolling rack. 
• Have clothes properly hung before dropping off and make sure all non-clothing items are prepped to put out.  Remember all battery operated toys must WORK and have batteries in them.  Securely attach all parts together.
• NO SHOPPING WHEN HANGING CLOTHES
• A volunteer will inspect all your items for damage and seasonality.  Be prepared to take items home.  The lights make stains more obvious and we all miss something.  Items can be washed and returned, if the stain comes out.  Tags will be removed at check-in if the items are deemed unsellable. Don't be offended by returned items. We all have them.
• It helps to have your own print out of your items at drop off.  When items are returned to you, you can immediately mark that on your list.  At pick-up, bring the same print out when accounting for your returned items, the returned items are already marked and not assumed lost/stolen.  There is a SMALL chance of loss or left during the sale. 

• Large Items
• Large items like cribs, pack and plays, stroller need to be assembled, on site, by you.  If you can't assemble it on your own, please let us know as soon as you arrive, so we can arrange someone to help.  Items that do not have all parts and pieces cannot be sold.  Accessory toys don't necessarily count.
• Large and high priced items, including purses, will need a claim ticket to be bought.  Those need to be written out and attached when you place the item on the floor.  Tickets and zip ties will be available at drop-off. 
• If your large item has several pieces that are not attached, be sure everything is secured to the item.  Items like play kitchens and workbenches with lots of accessories often have those accessories pulled out by little hands and then scattered to the 4 corners of the building.  That often makes the price look too high, if all the toys are missing.

• Pick-up
• Have your list of your items to be picked up.  During the sale, the original printout from drop-off can be used to check off all the sold items. This will leave you with a list of the unsold items.  Remember, to not include the items marked for donate. 
• Find your pile of items and compare to your expected list.  If items are missing, DO NOT PANIC.  There is often a collection of items that have lost their tags and cannot be sorted by consignor.  If there are still missing items, DO NOT PANIC.  Ask if there are still items to be sorted and ask Christine or M-L or their appointed rep what to do if there are missing items.  It has happened often that they were sorted into the wrong pile 1050-->1005 and we just need that person to check through their items.  Items have been located by looking for the most logical error pile. 
• If you have chosen to either Donate everything or have sold everything, you DO NOT NEED to come. 
• If you have NOT CHOSEN to donate all your things and you do not come to claim them during the designated pick-up, they will be donated.  If you have an emergency and can not make arrangements to have someone else pick-up, call M-L or Christine before the end of the night to make other arrangements.  DO not send an email or post in the FB group.  They need a phone call.  RI KIDS CONSIGNMENT will send no last call emails.

Shopping the pre-sale

• Be sure to pick up your pass on the way out from drop-off.  If you are just a volunteer, your pass will be given to you at your first shift.
• Be sure to come to the appropriate pre-sale based on your participation.  There are different entry times for volunteers, based on the number of shifts.  The non-volunteer consignors have their own time as well. 
• Strollers NOT allowed during the presale.  Based on occupancy, should be allowed at other times.  Strollers are subject to inspection at exit.