Wednesday, 6 January 2021

Consignment Venues

Credit: getlstd-property-photo

Finding suitable shops and outlets

Shops and galleries want stock that meet or exceed their customer expectations of quality, style, function and price.  In other words, they are looking for work that will fit with the other products already on show.  These shops generally will be those that already sell hand crafted work. You need to show how your work fits with or adds to the retail premises.  As you are selling handmade items, you also will be looking for shops with higher price levels to be able to sell to the shop at a reasonable profit.

You need to do your research.
What do you know about the gallery/shop?
  •  What is its perceived standing?  Is it a “go to” shop? Does it get discussed in media? Is it talked about in craft circles? What does its online presence look like?
  • Location.  Where is it? Is it in a prestigious area? Is it unobtrusive?
  • Will there be, or is there already, a good footfall?  Who are its customers? Who does the shop target as their clientele?
  • What is the fit between the shop and your pieces? Will your pieces fit in with the existing items? Will they stand out well, or seem odd?
  • Will the shop advise on the prices they expect to get?  Can the shop get you higher prices?
  • Does the shop have promotional events that you could participate in?

Visit the store/shop as though a customer first to assess the venue.  If the shop is too far away to visit in person, look online to get a sense of the business.  This will show how the shop fits with your products – style, kind, price levels.  Also take note of the presentation of the store internally and externally.

Even after visiting in person, an internet search will be useful, especially to find out about their submission policies and forms. Look at what internet profile they have. And do they have good online reviews? Also enquire around from people you know about the venue, and contact any local crafts organisation for more information.


Local vs regional/national

Should you be looking at local shops or be more ambitious and look at a wider area.  If you are willing to travel some distances for craft fairs, pop-up shops, etc., you may find expanding your search area to regional and multiple outlets a worthwhile activity.  You could take an extra day to investigate shops in the area or meet with the owners.

Some considerations in favour of starting local:
  • Low cost shipping. If your work is large or difficult to post, you can hand deliver.
  • Local helps to start small and get experience for larger volumes, more stores.
  • Local builds an audience for your work near your studio.
  • Getting featured in local press is easier that regional national.
  • Local allows for a more intimate relationship to be developed.
  • Starting local allows you to learn how to build up the volume of your work.

Assessment

Arranging a visit to the short list of shops is the next step.  After those meetings there is a further assessment of the venue to be done.  These are the same questions you looked at in your preliminary research about each shop:
  • What is its perceived standing?  How do they perceive themselves?
  • What is their media presence?  What is the customer perception?
  • Location in shopping terms.
  • What is the customer base and how does your work fit with that group of prospective purchasers?
  • How will your works fit with the shop and its presentation?
  • What advice is available on the prices they can get for your items?
  • What promotional activities are presented?
  • What are the consignment commission rates?
Since these are the questions you will be basing your decisions upon, they are the ones you should be asking during the appointment, if not already discovered from your prior investigations.  Assess how you feel about the responses you received after the conclusion of the meeting.  Do not make on the spot decisions.

Selection of a gallery or shop in which to place your work is a complex interaction of commission levels; the value you place on your time in preparing for and attending craft fairs or putting your work online; the perceived prestige of the shop/gallery; the potential relationship between you and the outlet; and the relationship of the consignment, wholesale and retail prices.




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