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How to start a consignment shop? Open a resale store?How to start a consignment shop from Too Good to be Threw

Have you been thinking about how to open a secondhand store? Or want to start a non-profit thrift store?

Sounds tempting, doesn’t it? After all, you have "no costs" for your merchandise, if you consign. That’s all, unfortunately, some vendors of "consignment shop information" focus on. 

But of course there’s a lot more to it. It's not as simple a business as it might seem. You can make a lot of money at this...or you can fail. If you want to increase your knowledge, your profits, and the ease with which you operate your shop, TGtbT Products for the Professional Resaler are what you need to succeed.

The first investment is Too Good to be Threw, The Complete Operations Manual for Resale & Consignment Shops. Save tens or even hundreds of times its cost even before you open your doors.

Is the manual for you if you want to sell furniture and home decor? Yes! Want to sell furniture, home goods or decorative items? Yes, the Manual is for you too.

More:

Gathering information

Here’s the basics to start with:

Too Good to be Threw The Complete Operations Manual for Resale & Consignment Shops. Read the Introduction.  Shop SIZZLE
Make your shop look like a million without spending it!
Secrets of Successful Resalers
Insider info on what works. Includes 9 "Million Dollar" Ideas.

Save with the Beginner's Luck Package: Buy all 3: the Manual in hard copy, plus the 2 PDQ files Shop Sizzle and Secrets, in the Beginner's Luck Package for only $99.99. The Manual will arrive by Priority Mail while the PDQ files will arrive by email. (Priority Mail Shipping of $7.95 will be added; if you wish these delivered to Canada or another country, plus be sure to add the correct postal surcharge by clicking that button as well as this.)

Beginner's Luck: Manual PLUS 2 PDQ files, $99.99

 

499 Names for your Resale ShopNaming your secondhand shop
Want the perfect name? Here's a compendium of names, some great, some fabulous, and some darn good. You'll have your name in no time flat! There's actually more than 499. Heck, if you only like 1% of the suggestions, you'll still have 5 choices, for less than $5!

Also great for name changes, naming a second shop, your new outlet store or a department within your shop. Buy at our Shop

The first, the only, Consignment Shop Mystery: The Picker Who Perished: A TGtbT Consignment Shop Mystery Wendy Sam Miller, consignment shopkeeper, doesn't believe her friend had an accident...she thinks it's murder. Can she solve the mystery before she too has an accident? Can she find a murderer while running her shop? And most importantly: Can she keep her hands off the luscious Detective Tom Litwin? Buy it today.

Back to top

Help, not hype.
That's what Too Good to be Threw offers you when you want to open a consignment or resale shop.


Why TGtbT.com is the true resource for resalers.

A few mini-Products for the Professional Resaler will give you a taste of our industry

The Most Frequently-Asked Questions about Resale
I know you have a million, but here’s the top 7!

How much space do I need?
For clothing, a minimum of 1200 square feet. 1200 is manageable by one or two people and gives you enough space to offer a wide selection. A smaller shop will not be able to hold the selection that will encourage frequent visits. A larger store needs more staff than you likely can afford to start. Ideally, a location that’s expandable is perfect, so as your business grows you can enlarge sideways. This saves an expensive move to larger quarters. If you will sell larger items such as furniture or sporting goods, you will need more space.

Should I choose a less-expensive, less-visible spot for my shop, or a more expensive, prime location?
Landlords aren’t dumb. They charge more for prime locations. Of course, what’s prime for one type of business isn’t for another. What makes a space perfect for resale? Visibility to foot and car traffic, an easy-to-locate address, parking and access to the parking lot, signage, and neighbors who attract the type of customers you want. 
Saving money on rent is not the best way to make money. A large rent is scary, but a bad location is deadly. There's hundreds of ways to save money elsewhere so you can afford to spend it on rent. More on choosing a location (and being able to afford it!) in the manual.

How do I get merchandise in before I open?
Alert family, friends, co-workers, and neighbors. Shop for items you can resell so you have the merchandise to draw the kind of consignments you want. Display only the types of items you wish to deal in. There's all sorts of ways to make your shop look "full" even on Day One in the Manual.

What’s the best way to advertise?
With e-mail, fliers and mailed pieces. Once all these elements are in place, you will start using the media. In most cases, this is a local weekly newspaper. Save the city daily paper, radio, and television for when you can afford it. Words that Sell!  will help you. See  ALL our Products for the Professional Resaler

How much can I make?
There are shops which are pleased to net $20,000 a year for the owner, other shops net many dollars over $200,000 for their owner. The sky is truly the limit. With energy and commitment, the only thing that could hold you back is lack of knowledge. That, we can offer for the reading.

Okay, Kate, I want to get started learning how to be a success!

 

TGtbT.com is the premiere web site for professional resalers. Start a consignment, resale or thrift store with our free articles and Products for the Professional Resaler. Interested in business plans, operating your shop, consignment software and selling secondhand clothes, upscale designer fashions, children's gear or used furniture? Consignment shops, resale stores, thrift stores and consignment sales use Too Good to be Threw. As a lifelong member of NARTS and a consignment consultant, our information is designed for the resale industry.

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