when a plan comes together. I'm feeling garrulous today so bear with me.
Four years or so ago, my other half went around to the three women’s consignment stores here to consign some clothing. She came home fighting mad with her clothes.
Collusion, can you say collusion, all three places, though owed by different people had the exact same policies. Terrible policies on top of that.
Consignment period = 60 days you can not get your clothes back at all after 60 days they belong to the store consignment split, 60/40
So a little research, some talking and we opened a consignment store for women’s clothing, and accessories.
Consignment period = 90 days Come in and get your clothes any time after 90 days if they sell the sales amount belongs to the store - no split, but you can still come and get them if you want to. Consignment split, 50/50
We put in some chairs for the hubby to sit and read Guns & Ammo, Field and Stream, etc. while thier other halves shopped. And while that worked, the ladies took it over for a gab fest, before, during, and after shopping. We added chairs - ROFL. And we made a patio area for smokers.
Over the past four years, two of the competitors have closed their doors!
Yesterday we found out that the last one is going to close her doors! ! ! When that happens we will be the only women’s consignment store for 50 miles in any direction.
@Rustler, talk about taking "market research" to a whole new level! And what a great story about finding (or, I suppose, exposing) a niche in an existing market. Sometimes a really bad experience (retail or otherwise) is just what you need to say, hey, not only can I do this, I can do it a whole lot better! Great success story. Thanks for sharing!