Understanding How Consignment Works: A Guide for Sellers and Buyers
Small Biz Trends
JUNE 21, 2025
Consignment Process: Sellers select items based on quality and demand, retailers showcase these items, and payment is made to sellers after a sale, typically at a commission rate of 40% to 60%. It’s a win-win situation for both sellers and retailers, providing a platform for items to reach a broader audience.
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