One Mans Trash Could Be Your Treasure – 3 Rules Of Thrifty Product Sourcing
Thrift Shops and Consignment stores can be an excellent source for your product inventorythey always have fresh items to pick thru and you can find some great deals!
Consignment Stores, are commission-based. People bring in products for the store to sell on commissionwhat doesnt sell is returned to the owner.
Thrift Stores are often not for profit and get most of their goods via donations.
In comparing the two, Thrift Stores are typically more willing (and able) to bargain with you simply because they have more room to do so.
Online retailers sometimes feel that these types of resale stores are not a good place to find inventory because theres not enough of a profit margin. But Kate Holmes, Founder of Too Good to be Threw (http://www.tgtbt.com) and author of Too Good to be Threw, The Complete Operations Manual, disagrees. Holmes asserts that these stores have a very limited market. If there is nobody in their town that happens to want to buy a pair of Jodhpurs that week, those Jodhpurs will be sitting there waiting for an eBay sellerto snap them up. The end...
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