Finding Stores

One important question to ask yourself is whether or not consignment is sa good model for you. While there are many benefits, consignment can often mean tying up your money for a longer period of time, since pairs don't sell nearly as fast. Depending on your pricing, you can expect inventory to sell in a matter of weeks or months, rather than a matter of days on a platform like StockX. Because of this, consignment is best for people who have plenty of capital they're willing to tie up for awhile and won't need in the near future.

Once you've determined if consignment is right for you, the next step is to find stores to consign with. Arguably the best way to go about this is finding stores local to you or in your state. This is best because you're always able to drive to the store(s) if necessary, and you're able to visit them in person before consigning to see if you like the store and want to consign there.

To contact these stores, find their phone number online and call them using the script below:

You: Hey (stores name) this is (your name), I'm located near you guys and wanted to call and see if you took pairs on consignment in your store.

(If they say no, politely end the call.) Them: Yes we do.

You: Awesome, do I just need to come in store or is there an online portal I can access?

It is simple as that. If you are looking to broaden your horizons, you can also network with other resellers to find stores they use. This way you have someone to ask about their experience with the store.

The next step to this process is evaluating the store. When looking for a store the ideal attributes are that it's local, has a good sales rate, and isn't saturated.

• Local

While this isn't a deal breaker, stores that are local or at least within a few hours of driving distance are ideal. When stores are local you're able to drop your shoes off or pick them up with out paying for shipping. When a store is local you can also vet the store by visiting in person and seeing how much g=foot traffic they get, how well put together the store looks, and lastly just being able to build a connection with the managers and owners.

• Sales Rate

The next thing we want to look for is a store that's ideally doing over 25K a month in sales. Finding stores with a high sales rate increases your odds that your shoes wont be sitting in the store for extended amounts of time. It may be hard to figure out a stores sales rate, but if you go to the store on a Saturday or Sunday afternoon and there isn't any customers then its a good indicator that the stores sales rate is probably low.

• Saturation

Lastly we want to look for a store that isn't super saturated. Saturation means that the store has a LOT of pairs in a LOT of different sizes. Ideally we want to be the only one who has that shoe in that size. For example if the store already has 4 Panda Dunks in size 8 then it's saturated in that shoe and you don't want to send that pair in.