What is consignment sales for luxury brands A detailed explanation of the trusted Ginza Axis
What is consignment sales of luxury brand watches?
Luxury consignment refers to when an owner entrusts their luxury brand watch to a dealer who then sells it on their behalf. The owner leaves the watch with the dealer and receives a percentage of the selling price as a commission. This allows owners to sell their luxury brand watch under the best possible terms and get some cash.
The benefits of consignment sales of luxury brands
Opportunity to get funding
Luxury brand watches are expensive products, and owners may not be able to make full use of them if they keep them on hand. By using consignment sales, owners have the opportunity to obtain funds from their watches. The advantage is that the funds can be used flexibly according to the owner's needs and situation, without the hassle and risk of selling.
Leveraging sales outlets with specialized knowledge
You can get help from a seller with expertise. Reliable sellers (e.g. Ginza Axis) have experienced appraisal staff who will perform accurate appraisals and set appropriate prices. Owners can get information about market value and demand from experts that they would find difficult to grasp on their own.
You can also expect high sales effectiveness by leveraging the extensive customer network of your distributors. They can reach a wide customer base through online and physical sales activities. This allows your watch to be exposed to a wider range of potential buyers and allows for a quicker sale.
Although owners are required to pay a commission, there is the advantage that entrusting the sale of their watches to a dealer with the expertise and network allows them to sell their watches efficiently. Commissions are set as a certain percentage of the sales price or a fixed amount, but reliable dealers such as Ginza Axis offer the lowest commission in the industry.
Overall, consignment of luxury brand watches is an easy and effective way for owners to sell their watches. Owners can sell their watches under the best conditions and receive support from a dealer with the expertise and sales power. With these benefits, many owners are now choosing to consign luxury brand watches.
What is the average commission rate for consignment sales?
Commissions for luxury brand consignment are generally set as a percentage of the sales price or a fixed amount. The market rate for commissions can vary depending on the following factors:
Brand and model popularity
Fees may vary depending on the popularity of a brand or model. Rare brands and popular models of watches may command higher fees.
Watch condition and accessories
When consigning, the condition of the watch and the availability of accessories also affect the commission. If the watch is in good condition and has the original box and warranty, the commission may be higher.
Sales evaluation and track record
The reputation and track record of the seller also affect the commission. The more reliable and established the seller is, the higher the commission tends to be. A seller with strong sales power and a wide customer network is more likely to sell your watch faster and at a higher price.
The specific commission rates vary depending on the market and the seller. Generally, the commission ranges from 10-30% of the sales price, but it can be higher for expensive watches or models in high demand.
At Ginza Axis, commission fees for consignment sales of brand watches are set individually, taking into consideration the brand and model of the watch, its condition, market trends, etc. Detailed commission fees will be explained at the time of appraisal results and contract, and the commission fee will be set based on agreement with the owner.
When consigning your prized luxury brand watch, it is important to compare the fees offered by multiple sellers and make a comprehensive decision based on their reliability and track record.
Consignment sales procedure
To use consignment sales for luxury brands, you need to follow the steps below.
Request an estimate
Contact Ginza Axis and request an appraisal of your luxury brand watches. Our expert staff will appraise your watches and determine an appropriate selling price.
Consignment contract
Based on the results of the appraisal, a consignment contract will be concluded. The owner and Ginza Axis will then agree on the terms of sale and fees, and proceed with the consignment sale.
Sales activities
Ginza Axis will sell the luxury brand watches of its owners through appropriate sales channels. We will utilize our expertise and sales power to approach potential customers online and in-store.
Completion of sales and settlement
If the watch is sold, Ginza Axis will pay the owner the sale price minus a commission fee. The owner can then receive the funds earned through the consignment sale.
Consignment sales of luxury brand watches are an easy and effective way for owners to sell their watches. Utilizing Ginza Axis's expertise and solid sales power, we provide the optimal sales plan tailored to the needs of owners. As a reliable sales destination, we sell luxury brand watches under the best conditions.
Ginza Axis' consignment sales fees are the lowest in the industry
Ginza Axis offers the lowest commission rates in the industry, but the specific commission rate is set based on individual contracts and the valuation of the watch. Commission rates vary depending on factors such as the brand, model, condition, and demand for the watch, so we cannot state a flat rate.
At Ginza Axis, we set appropriate fees individually, taking into consideration the needs of the owner and the market value of the watch. Detailed explanations regarding fees will be given at the time of appraisal results and contract, and fees will be determined based on agreement with the owner.
We aim to sell watches under the best conditions for our customers, and we place importance on trust and transparency. Ginza Axis' appraisal staff has a wealth of experience and expertise, and will provide a fair appraisal and set appropriate fees.
The specific fees will be determined in detail based on individual consultations with Ginza Axis appraisers and the results of the appraisal. Ginza Axis prioritizes high-quality service and the interests of its customers, and is committed to offering the lowest fees in the industry. Please feel free to contact us.
Ginza Axis is the place to consign your luxury brand watches
Leave it to Ginza Axis, which supports the consignment sale of luxury brand watches with its unique sales power and reliable appraisals. Our experienced specialist staff will perform accurate appraisals and utilize our extensive customer network to suggest the best sales route.
Our fees are the lowest in the industry, maximizing your profits. We listen carefully to the owner's requests and provide services that emphasize reliability and transparency. Ginza Axis is a reliable partner for consignment sales of luxury brand watches. Please feel free to contact us.
