[Sell Account] Only $20 profit?! What is consigning?

[StriplessRED]

This thread is useless.

[krazy12766]

Yeah I was wondering the same thing .

But I think they just sell them on Markee ect. to trusted users with alot of rep

Hope this helps a little

[StriplessRED]

Ok yea thanks!

Anyone have any other answers to my conflict?

[StriplessRED]

Ok I really need to know; How long until the seller can no longer dispute the money on paypal?

[Mirror]

You can dispute between like 45 days I think, btw sell at accountsbay.org I found that to be the best offering place.

[StriplessRED]

Ok and does anyone know what consigning is?

[[Soul Eater]]

Consignment

From Wikipedia, the free encyclopedia

Jump to: navigation, search

This article does not cite any references or sources.
Please help improve this article by adding citations to reliable sources. Unverifiable material may be challenged and removed. (May 200 Consignment is the act of consigning, which is placing a person or thing in the hand of another, but retaining ownership until the goods are sold or person is transferred. This may be done for shipping, transfer of prisoners, or for sale in a store (i.e. a consignment shop).
The word consignment comes from Fr. consigner "to hand over or transmit", originally from Lat. consignare "to affix a seal," as was done with official documents just before being sent.
Contents

[hide]

• 1 Consignment Shops
• 2 Vendor Managed Inventory and Customer Managed Inventory
• 3 See also
• 4 Further reading
• 5 References

[edit] Consignment Shops

"Consignment shop" is an American English term for second-hand stores that offer used goods at a lower cost than new. Many offer new items as well.
In the context of sale, it is usually understood that the consignee (the seller) pays the consignor (the person who owns the item) a portion of the proceeds from the sale. Payment is not made until and unless the item actually sells. The consignor retains title to the item at all times, and can end the arrangement at any time by requesting return of the item. A specified period of time is commonly arranged, after which time if the item does not sell the owner can reclaim the item (or, if not reclaimed within a period of time, the seller can dispose of the item at his discretion).
Merchandise often sold through consignment shops include antiques, athletic equipment, automobiles, books, clothing (especially children's, maternity, and wedding clothing which are often not worn out), furniture, firearms, music, musical instruments, tools, and toys. eBay drop off stores often use the consignment model of selling. Art galleries, as well, often operate as consignees of the artist.
Consignment shops differ from charity or thrift shops, in which the original owner surrenders both physical possession and legal title to the item as a charitable donation, and the seller retains all proceeds from the sale. They also differ from pawnbrokers, in which the original owner can surrender both physical possession and legal title for an immediate payment, or surrender physical possession of the item in exchange for a loan, and can only reclaim the item upon repayment of the loan with interest or else surrender legal title to the item as well. Example; Pef inc. in the USA, which is a prime example of this.
In the UK, the term "consignment" is not used, and consignment shops selling women's clothing are called "dress agencies". Although the other types of consignment shop exist, there is no general term for them.

[edit] Vendor Managed Inventory and Customer Managed Inventory

The consignment process can be further facilitated by the use of VMI (Vendor Managed Inventory) and CMI (Customer Managed Inventory) applications. VMI is a business model that allows the vendor in a vendor/customer relationship to plan and control inventory for the customer, while CMI allows the customer in the relationship to have control of inventory.

[edit] See also

• Scan-based trading
• Vendor Managed Inventory

[edit] Further reading

• consignment-software.com (2002). How to Start a Consignment Shop Business: A guide to the necessary details for opening and operating a consignment, resale or thrift store.. Lulu. ISBN 0978-0-615-25134-9. (Saddle Stitch, 44 pages)

• Nissanoff, Daniel (2006). FutureShop: How the New Auction Culture Will Revolutionize the Way We Buy, Sell and Get the Things We Really Want. The Penguin Press. ISBN 1-59420-077-7. (Hardcover, 246 pages)

• Holmes, Kate (2006). Too Good to be Threw: The Complete Operations Manual for Resale & Consignment Shops. Katydid Press. ISBN 0-9755886-1-3. (Spiralbound, 202 pages)

[edit] References

• VMI: A paper on the benefits of VMI. http://clearspider.com/vmipaper/clearspidervmi-2-1.pdf
• CMI: A paper on the benefits of CMI. http://clearspider.com/vmipaper/clearspidercmi-2-1.pdf

Retrieved from "Consignment - Wikipedia, the free encyclopedia"
Categories: Retailers • Distribution, retailing, and wholesaling • Supply chain management

There ya go.

[StriplessRED]

Thanks, so it WAS what I thought it was

[PhuN]

Ok I really need to know; How long until the seller can no longer dispute the money on paypal?

After 45 days they can not dispute any payment they have made.

[PhuN]

You can dispute between like 45 days I think, btw sell at accountsbay.org I found that to be the best offering place.

No link for accountsbay.org works.

[Gog123456]

I could sell it for you on MD (I have a lot of rep) contact me via pm with your aim if interested.

[Gummibär]

I usually just sell accounts on Markee. Accounts.net offered me $98 for my account, which is worth around $600.