1. agency business: agency business is the core business of the agency bank and an important part of its business scope. By signing a cooperation agreement with the supplier, the consignment bank displays the goods provided by the supplier in the store and gives the supplier a certain proportion of sales according to the agreed membership fee or commission. When selling idle goods, the consignment bank will charge a certain commission as a service fee.
2. Second-hand transactions: Consignment banks can conduct second-hand transactions and buy and sell second-hand items, such as furniture, electrical appliances, clothing, shoes and hats. This business model can help consumers sell idle goods quickly and provide cheap second-hand goods for other consumers. The business scope of the consignment bank also includes buying and selling second-hand goods, and the price is usually lower than the consignment business.
Advantages of consignment banks
1. Flexible and convenient: consignment banks don't need a lot of inventory and display space like other retail stores. On the contrary, the consignment bank only needs a small shop or exhibition space and some necessary equipment and tools.
2. Product category: Consignment banks usually sell many types of products, including second-hand goods, collectibles, second-hand books, jewelry, fashion clothes, household items and so on. These products usually have different characteristics and styles to meet the needs and preferences of different customers.
3. Lower cost: The operating cost of a consignment bank is usually lower than that of other retail stores. This is because the consignment bank does not need a lot of inventory and exhibition space, nor does it need to hire a lot of employees. Therefore, it can sell products at lower prices, thus attracting more customers.
The above contents refer to Baidu Encyclopedia-Consignment Bank.