**Selling/consigning** with Fashionphile

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#916
JoeyLouis said:
Yeah it's ridiculous. I know they need to make money, but a brand new bag that I know will sell for at least retail. I did ask about Buy Out instead of consignment though, so maybe that affected the price. For those lowball reasons, I also wouldn't want to sell to them. I should rather sell to friends and family at that price :) personal preference. I know some ppl don't mind the loss.
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I agree, they need to make money as well, but I can't believe how much they hike the prices up... even for items that are still in production, I saw a Chanel woc on fp for 2500![emoji34] Yes it was a seasonal piece but it was still being sold at the boutiques.

Yup, I would much rather sell it to friends or family for that price. I used poshmark and I was able to sell three LV bags for a price I was ok with, but the fees they take are pretty steep, 20% of your sale price.
 
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#918
Handbagmenageri said:
I sent a quote request for 2 vintage pieces I have. They offered me $1800 for both bags. That's less than what I paid for one. I am a business owner and I understand profit but it was a little insulting. Especially since they sold a bag similar to one in worse condition for almost 5 times what they offered me. I'm keeping them.
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Do you get multiple quotes from other sites? In my cases of selling my items, fashionphile have been great 80% of the times. Obviously they are lower than if you sell yourself. However, then you have the risk of buyer issues which I unfortunately ran into for an item I sold via eBay. Thinking back, should probably save time and energy to sell to fashionphile. Good luck with yours!
 
#919
SweetDaisy05 said:
Not everybody is prepared to lose so much money. If people want to earn close to resale price, then I say sell it yourself. Do the work and pay yourself instead of somebody else.
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This is exactly my thinking. It does take effort but when you sell it at the price that you're comfortable with and the fact that you don't lose money due to consignment fees makes it worth it. I sold two bags to yoogi's - they were the first bags I ever sold and I was so disappointed by my proceeds. I never sold through consignment again.
 
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#920
On the flip side, I sold some items to Yoogi's and Fashionphile for more than I was asking on ebay! I had them listed for BIN on ebay and was getting no interest except extremely lowball offers. So even if you don't accept the consignment offer it doesn't hurt to get quotes.
 
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#921
Arlene619 said:
I agree, they need to make money as well, but I can't believe how much they hike the prices up... even for items that are still in production, I saw a Chanel woc on fp for 2500![emoji34] Yes it was a seasonal piece but it was still being sold at the boutiques.
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remember that FP ships worldwide, and chanel doesn't release everything in all regions or have waitlists in all regions. so some people in various countries are willing to pay a premium (even for an item still in boutiques, and especially for seasonal pieces) b/c their country just didn't get that style, or they cannot request it. FP is like a personal shopper for them and charging a higher price on some items. i've purchased a lot of items from them that were never in my own country... did i pay more? maybe... but it beats buying a ticket to go find one myself...
 
#922
ccbaggirl89 said:
remember that FP ships worldwide, and chanel doesn't release everything in all regions or have waitlists in all regions. so some people in various countries are willing to pay a premium (even for an item still in boutiques, and especially for seasonal pieces) b/c their country just didn't get that style, or they cannot request it. FP is like a personal shopper for them and charging a higher price on some items. i've purchased a lot of items from them that were never in my own country... did i pay more? maybe... but it beats buying a ticket to go find one myself...
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Good point, but in that case it would be nice if they offered a higher price to potential sellers for seasonal items as well. Wishful thinking. I'll probably just drive up to FP and take my bag in person to see if they offer a better deal. Wish me luck.
 
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#926
abl13 said:
On the flip side, I sold some items to Yoogi's and Fashionphile for more than I was asking on ebay! I had them listed for BIN on ebay and was getting no interest except extremely lowball offers. So even if you don't accept the consignment offer it doesn't hurt to get quotes.
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Fascinating! I got better offers from low-ballers than from Fashionphile, and now and then a low-baller that flips purses will give me the same offer as Fashionphile. It is the buy low and sell high. Not all buyers give low-baller offers. So, I was already doing better on my own and for laughs even with the pesky low-ballers. I agree it does not hurt to get a quote. For fun, I like to total how much I would have lost if I had sold the bag to them. It makes me feel like a winner. In my situation, the quotes were priced on the very low end. The only winner with those lopsided quotes were Fashionphile. It is nice to know for some people,like you, that these quotes can work in the opposite situation than mines.
 
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#927
Arlene619 said:
I agree, they need to make money as well, but I can't believe how much they hike the prices up... even for items that are still in production, I saw a Chanel woc on fp for 2500![emoji34] Yes it was a seasonal piece but it was still being sold at the boutiques.
Yup, I would much rather sell it to friends or family for that price. I used poshmark and I was able to sell three LV bags for a price I was ok with, but the fees they take are pretty steep, 20% of your sale price.
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ccbaggirl89 said:
remember that FP ships worldwide, and chanel doesn't release everything in all regions or have waitlists in all regions. so some people in various countries are willing to pay a premium (even for an item still in boutiques, and especially for seasonal pieces) b/c their country just didn't get that style, or they cannot request it. FP is like a personal shopper for them and charging a higher price on some items. i've purchased a lot of items from them that were never in my own country... did i pay more? maybe... but it beats buying a ticket to go find one myself...
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Exactly, and Chanel can be priced more expensively because the only way to buy it online is through consignment. The last thing I want to do to buy a bag is have to call around and talk to SAs in different stores. I buy Hermes from fashionphile because I can't be bothered with the whole hunt and game of it all, the premium I pay through fashionphile is worth it for the convenience.

Plus, you can return things. If you buy through boutiques and don't like something, that's an annoyingly large store credit you're stuck with.
 
#928
Arlene619 said:
Yes, you're right, but a $1300 profit?! Talk about robbery lol. I was selling my Bags on poshmark but the 20% was killing me. I guess I'm better off selling on that platform instead.[emoji52]
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Thinking about starting a new thread where we post our own goodies that we hope to sell to TPF members. Was wondering if that would be a good idea and if it's allowed here. Thanks in advance for feedback from others.
 
#929
Toynoodle said:
Thinking about starting a new thread where we post our own goodies that we hope to sell to TPF members. Was wondering if that would be a good idea and if it's allowed here. Thanks in advance for feedback from others.
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That would be a great idea but unfortunately we're not allowed to sell our items directly through tpf. [emoji20]
 
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