Consignment

capiee30 · Post by **capiee30** » Tue, 20 Sep 2005 1:53 pm

I wanted to start a business and i got a product on a consignment. Got a roadshow at orchard but seems like the turnover is difficult to cover expenses... anyone know the normal practice of consignment in singapore??? what is the normal commission percentage others are giving???

memorieschc · Post by **memorieschc** » Tue, 20 Sep 2005 3:53 pm

It depends on what sort of pdts u r talking about. Normally it's 30%. But for electronic/IT items, maybe 10% or less.

ksl · Post by **ksl** » Wed, 21 Sep 2005 12:45 am

capiee30 wrote:I wanted to start a business and i got a product on a consignment. Got a roadshow at orchard but seems like the turnover is difficult to cover expenses... anyone know the normal practice of consignment in singapore??? what is the normal commission percentage others are giving???

Hi Capiee30,

Sent you a pm, the % varies, quite a bit, depends on many factors. Please pm me with your details, I hate to see people lose out, when they make such an effort.

It looks like you need some sound advice, Rome wasn't built in a day! and you may well have chosen the wrong product, or area for your sales attempt.

capiee30 · Post by **capiee30** » Fri, 30 Sep 2005 9:03 am

Thanks memorieschc for your info...
cheers!!!

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