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Old 06-27-2018, 09:51 PM   #11 (permalink)
 
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First question is are you a business??? Tax time is something you can not take lightly. Pens are very easy to steal and put in a pocket. If they have security cameras can be of help but if one person operates the shop not very good. Deductions only come into play if you file as a business. Can not take against homeowners.

Did consignment back in late 90's and early 2000. I scroll and make many more things than pens. At first was very lucrative and was in 6 stores in 3 huge malls. Management changed hands and things changed drastically with broken items and stolen items and they did not stand good for. Got out quickly. Know nothing about readers. Was thinking of trying this year at my craft shows but still undecided because I would need some sort of link. I work off a flip phone and have only taken checks or cash. Worked well for years but today more and more people are pure lazy and want to use plastic for everything. When you go to a craft show not all vendors can afford the expense of taking credit cards and shoppers should be aware and stop at an ATM beforehand but no freakin lazy. Todays society and kids are brought up this way.
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Old 06-28-2018, 03:49 AM   #12 (permalink)
 
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Consignment was not for me. 80% is a great rate!

Square is awesome! Practice on your own cards, if you pay yourself $1, you'll get most of it back in your bank account in a couple of days. The few cents they charge for processing is really a good investment in practicing, so you are ready to go when the customers come. I always do tests in the venue so I can see that everything is working properly.

Customers like to have the convenience of tracking their purchases and not having to carry money around. I use Square, PayPal Here, and Intuit. Sometimes one will not go through, but at least one always does. The 3%-ish fee has been really cheap for me, as most buyers are comfortable with the process, and nobody has to go away empty handed.

Cash was king, but debit/credit just adds an entire new swath of opportunity for buyers and sellers.
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Old 06-28-2018, 06:12 AM   #13 (permalink)
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Maybe I missed something, but if your items are on consignment and you are not there to make the sale, why would you need Square? However, if you are there making the sales and they want an additional 20% of what you sell, then that is just a commission and you wouldn't have to worry about theft anymore than at a regular show.

If that is the case, 20% is not unreasonable with a $65 booth fee.
As for Square, I have used it for years with no problems. Never had a problem connecting with them that wasn't wifi related in which case none of the other card reader wouldn't work either.
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Old 06-28-2018, 08:25 AM   #14 (permalink)
 
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Quote:
Originally Posted by Monty View Post
Maybe I missed something, but if your items are on consignment and you are not there to make the sale, why would you need Square? However, if you are there making the sales and they want an additional 20% of what you sell, then that is just a commission and you wouldn't have to worry about theft anymore than at a regular show.

If that is the case, 20% is not unreasonable with a $65 booth fee.
As for Square, I have used it for years with no problems. Never had a problem connecting with them that wasn't wifi related in which case none of the other card reader wouldn't work either.
He is asking about 2 different things. One is consignment in the museum shop and the other is a festival he is considering. It wasn’t very obvious he was asking about two different things.
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Old 06-28-2018, 09:40 AM   #15 (permalink)
 
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There are a couple of other benefits of using Square other than being able to just swipe cards. One of them is being able to send invoices. For instance, if I have a customer that would like to make a custom order, I could send them an invoice via square which is a little more formal than merely sending money via paypal, in my opinion. Also, if you have an Etsy shop, you can link your Etsy stock with square so that whenever you make an in-person sale it automatically removes your listing on Etsy. I've used it many times - no hassle.
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Old 06-28-2018, 01:46 PM   #16 (permalink)
 
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1. Consignment at the museum. Thinking about building a closed display that the museum staff would have to remove the pens to show or at least have it by the desk. Will ask about security cameras but really didn't look for any. I could put a rattlesnake in the display cabinet.
2. Craft show on the grounds of the museum in September. Hope to expand the craft shows more in the future. We have a young lady at church that hits some craft shows and does quite well. This is the reason for the inquiry about Square. A lot of people don't carry a lot of cash. I don't as it is easy for me to get into a buying mode. A local gas station used to give a discount of 2-3 cents for cash but how many people carry 30-40 dollars cash?
Familiar with the business aspect- built custom fishing rods for 7 years and jumped through all the hoops with the state and the IRS. Have some info from my CPA about a home business that could carry over to wood crafts- pens and turnings.
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