Consignment Program-
- Our process is to resell all valuable items individually on multiple online platforms, and send the rest of the items to be sold in bulk to wholesale buyers or discount store/ auction partners. This system is the best solution to balance the desire to maximizing recoverable value while making sure all items can be sold in a reasonable time frame regardless of quantity, quality, or value.
- When a sale is made, SSO calculates "Net Sales" by taking total revenue and subtracting all typical selling fees (ie shipping costs like freight and shipping supplies, marketplace and local sale partner fees, and estimated cost of returns).
- SSO's Selling Fee is equal to 50% of the "Net Sales", so the client will be paid 50% of the net sales.
Here is an example:
Item ID |
Sales Channel |
Total Revenue |
Cost of Shipping |
Platform Selling Fees |
Other Direct Costs (packaging, shipping to FBA, etc) |
Net Sales |
SSO Consignment Fee |
Client Payout |
XXXXX-1 |
eBay |
$45.55 |
$15.55 |
$5.92 |
$ - |
$24.08 |
$12.04 |
$12.04 |
XXXXX- 2 |
Amazon FBA |
$37.03 |
$ - |
$12.55 |
$0.75 |
$23.73 |
$11.87 |
$11.87 |
XXXXX-3 |
Amzon FBM |
$29.99 |
$13.00 |
$4.05 |
$0.75 |
$12.19 |
$6.10 |
$6.10 |
XXXXX-4 |
Whatnot Auction |
$9.00 |
$ - |
$1.17 |
$ - |
$7.83 |
$3.92 |
$3.92 |
XXXXX- 5 |
Discount Store Consignment |
$5.00 |
$ - |
$2.50 |
$ - |
$2.50 |
$1.25 |
$1.25 |
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