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July 7 2021

Consignment Inventory – A guide worth looking at

When we started selling our first product (a book), I was offered a consignment deal.  I didn’t fully understand what it was at the time, but I knew it wasn’t what I wanted.

Today I have several consignment contracts with retailers, and in certain cases I see why it is necessary and am happy that it is beneficial for both of our businesses, however in most cases I loathe consignment deals.

Keeping track of inventory, sales, and payment is a nightmare, and I have found that many retailers are less involved when dealing with out of stock items.

If you need a comprehensive guide, this one will answer a lot of questions.

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