Product Multi Tasking show #509.
Get a flurry of activity going around your best buys.
How to earn money at garage sales part 2. Lets use Product Multi Tasking.
A brief comment on the changing climate within the jewelry business.
Let’s look at estate sales thinking Product Multitasking.
You also have to also remember that jewelry stores are competing with this Estate sales store plus the jewelry stores also have to compete with companies in China and that is why so many jewelers have some growing Estate sale areas. They use to maybe have a little – one little shelf in the corner for people or clients that came in and want to buy something for their child that wasn’t very expensive or they want to get something that was just something old and used and just – it gave them a little option. Well they’re turning into having a whole section on Estate sale areas because it’s got a stronger margin because they cannot only sell the stuff and handles some of the gap when they have slow moving inventory, they can also optimize staff that can deal with less clients or a less wealthy client, let’s just out it that way.
It gives them another little opportunity to make a sale in their store with stuff that they Bought. They very well may have gotten for 10 cents on a dollar also. So that’s jewelers – jewelry stores comparing themselves with the Estate sale stores for jewelry. If you want to start your own jewelry store or your own Estate jewelry store, think about this. You get to sell your inventory and where do you get your inventory, you can get it – you can start it off by garage selling in the Estate sales and the community sales and stuff like that. You can also go to auctions. But the walk in traffic might be the best.