Kids consignment sales may be the largest held because children outgrow their clothing, equipment and toys so quickly. Seasonal (spring, summer, fall) and annual events are commonly sponsored by churches, charities and communities.
Consignment sales have several different formats:
Consignment software organizes consignors and their inventory. It processes sales (POS) and settlements and provides the store owner with detailed reports for any time period.
Resale is 'buy outright' - purchasing items from individuals for the purpose or reselling them. This doesn't appear to be a popular business model. The down sides are required investment and narrow profit margins.
Resale software records buy and sell prices and computes profit/loss for each item, for any category and for any time period. It also processes sales. 'Settlements' take place at the time of purchase.
As the name implies events are held during 'season' where multiple sources (individuals, organizations, dealers) bring inventory for resale. While this form of selling requires a great deal of preparation and organization, it has grown in popularity in part due to its 'finality'. Sales are final. No returns. No refunds. 2-3 days and it's over.
A community or congregational sale is a 'bazaar'. Like seasonal sales they provide participants a quick way of cleaning out closets and converting unneeded items into money - all of which is donated to the sponsoring church or charity.
Best Consignment Shop Software
BCSS is a comprehensive consignment-resale software program for managing consignment, resale and seasonal sales events as well as consignment and resale shops. It's most attractive feature is ownership - one payment for lifetime use with no scheduled payments for support after purchase.
The program records and tracks activity for all participants and offers an extensive variety of options for managing inventory, processing transactions and reporting in detail.
The software is tiered in features and price, allowing small shops and startups the opportunity to automate in steps, both in computing skills and cost. The Intro edition ($295) is a basic sales-processing app - well suited for stores that don't need to track and discount unsold inventory.
The other editions (Deluxe, Diamond, Virtual) add enhancements as business and computer skills grow.