Jump to content
Sign in to follow this  
Chavez

What % Commission To Expect

Recommended Posts

Hi!

I am hoping to put some of my leather belts on consignment with a few local independent retailers and I am wondering what % commission to accept.

In my understanding, the higher the commission they charge, the lower I need to set my return if I want the goods to sell, i.e. higher commission => higher price => lower sales unless I reduce my price to the retailers.

My brief research shows that retailers in mens accessories sector would generally be looking at a 30% margin or re-selling wholesalers' goods. As I am selling individually crafted items, would the % be different?

What commission do you usually accept?

Thanks!

Chavez.

Share this post


Link to post
Share on other sites

I don't do any of this yet, but the few people I've talked to and the research I've done seems to lean toward the 30% range. Think about consignment as the store just buying more products to retail without the risk of loss. What's a reasonable markup for the store to make money? So, I would take whatever rate you would normally set and drop it by 30%, then ask yourself if you can live with that. It's a price to pay in order to "guarantee" work/sales when you take a wholesale/retail point of view on it.

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Sign in to follow this  

×
×
  • Create New...