Selling vs. Consigning: Which is Right for You?
You’ve decided it’s time to part with a beloved designer handbag. Maybe you’re making room for a new acquisition, or simply ready for a change. But now you face a crucial decision: should you sell it outright or consign it?
At Keeks, we specialize in direct buyouts, offering a streamlined alternative to traditional consignment. Below are some key differences to help you make the best choice for you!
Selling vs. Consigning: A Quick Comparison
| Feature | Direct Sale (Keeks Buyout) | Traditional Consignment |
|---|---|---|
|
Payment Speed |
Immediate (1-2 business days after authentication) | Only after the item sells (can be weeks or months) |
| Payment Amount | 50%-60% of our resale price | Typically 50%-70% of resale price |
| Risk | Zero (Keeks takes all the risk) | High (Item may never sell, or sell below expectations) |
| Effort Required | Low (Send it to us, we handle the rest) | Moderate (Waiting, tracking, potential price adjustments) |
| Price Predictability | Guaranteed quote upfront | Subject to market fluctuations and markdowns |
| Inventory Turnover | Instant space in your closet | Can take up to a year or more to clear |
Why Choose a Direct Buyout with Keeks?
1. Instant Liquidity & Zero Waiting Games
One of the biggest advantages of selling directly to Keeks is speed. Unlike consignment, where you wait for your bag to sell before receiving payment, a direct buyout offers immediate cash. Once your item is authenticated, you receive payment within 1-2 business days via PayPal, check, or store credit.
This is perfect for those looking to fund a new purchase quickly, pay bills, or simply be done with it! Say goodbye to the anxiety of checking listings daily to see if your bag has found a new home.
2. Eliminate Risk & Effort
When you consign, you retain the risk. What if the bag doesn't sell? What if it gets damaged? With Keeks, once we buy your bag, the risk becomes ours. You're free from:
- Worrying about market demand for your specific item.
- Dealing with potential returns or buyer disputes.
- Tracking your item's sale status.
Our streamlined process means you simply get your quote, ship your bag, and get paid. We handle all the authentication, marketing, and selling logistics.
3. The Keeks 10% Store Credit Bonus
Looking to upgrade your collection? When you choose Keeks store credit as your payment method, we give you an additional 10% bonus on your buyout offer. This means you get more value for your item, making your next dream bag even more attainable directly from our curated selection. PLUS, if you buy a new-to-you item at the same time you sell to us, you only pay taxes on the net amount owed.... which means more savings!
How to Prepare Your Designer Handbag for a Top-Dollar Quote
Whether you sell or consign, a well-presented item always commands a better price. Here's how to ensure your designer handbag gets the best possible quote:
- Clean the Interior: Gently wipe down any smudges and use a lint roller or small vacuum to remove dust, crumbs, or debris.
- Wipe Down the Exterior: Use a soft, dry cloth to remove surface dirt. For leather, a very slightly damp cloth can work, but always test in an inconspicuous area first.
- Empty All Pockets: Double-check every zipper and compartment for forgotten items.
- Take Clear Photos: When submitting your initial quote request, clear, well-lit photos (front, back, sides, interior, base, and any wear marks) help us provide the most accurate estimate.
Ready to get your instant quote? Visit our Sell to Us page today!