How to sell good products ❓ New sellers should know

How to sell good products ❓ New sellers should know

👉🏻The word "consignment"

This word has quite a few meanings. This term is also known as special procedural documents for shipping and payment, intermediary agreements, agent contracts and much more. Due to the extensive interpretation of the term "Consignment" - that is, in fact, it is not easy to determine. Sometimes this makes prosecution. This can be explained by the customs of business turnover. If the subject of the contract is consignment, then all stakeholders will clearly understand what their obligations are. But unless specific terms of cooperation are not specified, it is unclear how the agreement differs.

👉🏻 Consignment is a form of selling products.

Consignment should be a form of merchandising which the owner of the goods sends for resale to the buyer. At the same time, the supplier retains ownership of the product given to the recipient for the entire duration of the final product. The delivery agreement for the sale of goods must clearly define this item. That is, this definition or any other similar to it should be reflected in the text of the agreement itself.

👉🏻What are the benefits of a consignment agreement?

An agreement on the sale of goods in which ownership remains with the supplier is called consignment. That this is not an ordinary delivery can be understood. That is, the buyer does not own the delivered goods at the time of transfer to him. It appears that the exporter will be able to withdraw the goods not received from the warehouse from the receiver in the event that the exported goods are insolvent. This is the advantage of choosing such a deal.

👉🏻 Payment feature for goods upon transfer under consignment agreement.

Payment for delivered products is made to the debtor by installments. In some cases, price collusion, denial of fulfillment of contractual obligations, sanctions and other measures are chosen as the means of securing the obligation.

👉🏻Terms of Agreement

A consignment agreement may contain conditions not only but for the sale of the store but also the promotion of products in some areas In this case, the sales representative will be in direct contact with the point of sale to sell the item. A salesperson is an employee of a supplier or buyer. It is allowed to attract intermediaries with people who have entered into payment service agreements and important liability documents.

👉🏻 What are the advantages and disadvantages of consigning goods? ”

strength

1. have a location to sell products that are suitable for customer groups because there are many options for placing products such as wanting to sell food supplements There are also a lot of drugstores that accept deposits. (Products must also meet standards) and are quite flexible in changing the selling location.

2. To increase sales channels and can expand the market for customers to have more opportunities to see the product without having to invest in opening more branches

3. The price of the product is standard. Consignment, we will determine the selling price and the terms of sale. It's also easy to control. because they know where the products are being sold Which stores sell overpriced or undercut other stores? We have the right to charge the product back.

4. Reduce the risk in terms of expenses Because most of the stores that accept deposits will collect a commission from the sale of the product, so if they sell less, they will pay less commission. It's not like having a storefront that has a fixed monthly fee. Even if we can sell it or not.

weakness

1. Stores that accept consignment, some stores may charge high commissions. We made a small profit from the sale. Or some stores that accept consignment of many brands of the same type of products, which brand products give better commissions? Employees also have the right to expedite the sale of that brand. making it a cut profit

2. No one recommends or supports our products directly. causing customers to not know the true properties of the product

3. Difficult to track stock If we sell products in many stores, it may cause our inventory to sink unknowingly. because I think there are not many items But at the end of the month, check the stock Sold at the shop a little at a time. But overall, it's not less. Especially if it is a consignment of goods with an expiration date such as cakes, bread, if there is a lot of leftovers, there may be a loss as well.

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Details of online marketing services

>> https://www.chatstickmarket.com/langran

Examples of various brands that we take care of online marketing

>>https://www.chatstickmarket.com/portfolio

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