Twitter response:

Consignor Portal Reports Are Awesome

Quakertown ConsignorsCLICK HEREA few of you have asked some questions about the differences in the reports of the Consignor Portal so I want to share this guide for you to reference.

To follow each description you might want to log into your Portal and look at the grid where these items are listed.

ESTIMATED EARNINGS – You will see a row for “Estimated Earings” …this line especially causes some confustion.  It is important to note that this is indeed just an “estimate”.  It is based on our base commission of 60%.  Most consignors will have a difference in this estimate compared to actual since it is only determined on that base of 60%.  Consignors who are Team Members can expect a higher earnings.  Consignors who do not help as a Team Member will have the $10 Consignor Fee deducted from this amount.  Additionally,  for those that use our optional Tagging Service your actual earnings will be 20% less to pay for the tagging services.

SOLD ITEMS – This section is usually updated in the evening after each selling day.  (We officially ask that you allow us until the next morning, but we are all excited to see our daily sales, so we almost always upload at the end of the sale each day before we go home.)  Remember this is not a “live” report…we have to upload it which we do once daily.

SELLER REPORT – This is uploaded when we send you notification that your money is available in PayPal.  This is the final and accurate report of what your total sales were and what percentage you earned.  It also includes every detail of any deductions such as the Consignor Fee for Non-Team Members, Tagging Service, and so on.  If you have a question about how much money you made, take a look here first and then email us with any questions.  An excellent item to look at on this report is the “% of items sold”.  This will help you consider your future growth and earning potential as a consignor.  Your goal should be to sell 75% of what you bring.  We will write a separate blog on this topic, but if you are not that high consider things like 1) Is my pricing too high 2) Did I have a lot of things returned to me during my drop off time (too many stained items, forgot my batteries in toys, wrong season, etc.) 3) Am I keeping my ACTIVE inventory clean?  (If you transfer items between our sales all your items go Active when transferring.  You need to mark items you are not bringing as INACTIVE so that you have an accurate report and that we also have accurate statistics for helping the growth of our events.)

DONATION REPORT – If you marked your items as Donate you will be able to look at this report and print it out for tax purposes.  If your items were not marked as “Donate” but you decided at the end of the sale that you were leaving them behind we did donate those items, but it will not show in the report since it was not marked that way when you entered it. This report is available when we notify you that your commission has been issued following the sale.

UNSOLD ITEMS REPORT – This report is uploaded after we close on the last day of the sale.  You can print it to locate your unsold items if you are choosing to claim your items when the selling days conclude.  If you cannot print this just prior to coming to pick up your items, we will be happy to print it for you when you arrive.  Remember you should also mark off any items that you did not bring to the sale and any items that were returned to you during your drop off appointment. 

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