Home > Term: consignment selling
consignment selling
A sales technique used for specialty or seasonal merchandise. The distributor pays for the merchandise when sold, or when the unsold product is returned after a predetermined period of time. The title for the merchandise for resale is held by the shipper until the merchandise is sold by the distributor.
- Part of Speech: noun
- Industry/Domain: Retail
- Category: Supermarkets
- Company: FMI
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Creator
- nicole.m
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