Items over $2,500.00 is a 70/30 split (70% to consigner, 30% to LuxLabels)

All items under $2,500.00 will be split 80/20

See example here

Resale and retail are two distinct concepts within the realm of commerce, each with its own set of benefits. Let's explore the benefits of both resale and retail:

Benefits of Resale:

1. Cost Savings: Resale items are often priced lower than their original retail value. This makes them an attractive option for budget-conscious shoppers who want to save money while still acquiring quality products.
2. Sustainability: Resale promotes sustainability by extending the lifecycle of products. Buying secondhand reduces the demand for new production, conserving resources and reducing waste.
3. Unique Finds: Resale markets can offer unique and rare items that may not be available in regular retail stores. Shoppers can discover vintage or discontinued products that hold nostalgic or collector's value.
4. Variety: Resale stores often carry a wide variety of products from different brands and styles. This provides consumers with a diverse selection to choose from, catering to different tastes and preferences.
5. Limited Editions and Designer Brands: Resale platforms can be a source for finding limited edition or designer items at a fraction of their original cost, enabling people to own high-quality goods that might otherwise be financially out of reach.
6. Reduced Depreciation: Many consumer goods, such as cars and electronics, experience rapid depreciation in value once purchased new. Buying these items secondhand can mitigate the initial value loss.

Benefits of Retail:

1. Guaranteed Quality: When buying from a retail store, consumers can usually trust the quality and authenticity of the products they are purchasing, as they are sourced directly from the manufacturer or authorized distributors.
2. Warranty and Support: Retail products often come with warranties and customer support, providing reassurance to buyers that they can get assistance or replacements if the product is defective or malfunctions.
3. Latest Trends and Technology: Retail stores are more likely to carry the latest products, trends, and technological advancements. Shoppers who want the newest models and features may prefer buying from retail outlets.
4. Personalized Shopping Experience: Retail stores offer the opportunity to physically interact with products, try them out, and receive personalized assistance from sales representatives, creating a more engaging and informative shopping experience.
5. Convenience: Retail stores provide immediate access to products without the need for shipping or waiting. This is particularly beneficial for urgent purchases or last-minute needs.
6. Brand-New Condition: Retail products are, by definition, new and unused, ensuring that consumers receive items in pristine condition without any wear or tear.

In summary, the benefits of resale include cost savings, sustainability, unique finds, and access to limited editions, while retail offers guaranteed quality, warranties, the latest trends, personalized experiences, convenience, and brand-new condition. The choice between resale and retail often depends on individual preferences, priorities, and the specific product being considered.