We have the opportunity to place doTERRA's products in a couple of locally-owned health stores.
The owners are NOT interested in having their own account, but rather have offered to have us place the products there on a Consignment arrangement. They haven't provided specific terms, and we're not experienced with that setup, so I'm coming here to ask for input.
I've not sold anything on consignment before, but I understand that the store owner keeps a percentage and the product seller gets a percentage. What would be a good way to set that up? What is a fair amount for the store owner to retain? We'll be the ones keeping up stock and servicing the display.
Any pitfalls to be mindful of?
I already have info on the various doTERRA business account options, directly from the main office, FYI.
Thanks,
Heidi Duncan
IPC 147338
-- The owners are NOT interested in having their own account, but rather have offered to have us place the products there on a Consignment arrangement. They haven't provided specific terms, and we're not experienced with that setup, so I'm coming here to ask for input.
I've not sold anything on consignment before, but I understand that the store owner keeps a percentage and the product seller gets a percentage. What would be a good way to set that up? What is a fair amount for the store owner to retain? We'll be the ones keeping up stock and servicing the display.
Any pitfalls to be mindful of?
I already have info on the various doTERRA business account options, directly from the main office, FYI.
Thanks,
Heidi Duncan
IPC 147338
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