What is the meaning of Consignment? And benefit for related in Consignment Sales.

What is the meaning of Consignment? And benefit for related in Consignment Sales.

Consignment is the owner of Goods Delivery of goods (named the owner of the goods) to other parties who act as selling agent (named commissioner) with the mandate to sell the goods to be paid in the form of a commission on each item sold. Goods herein remain the property of the owner of the goods. Commissioner just recorded it as Consignment entrance.

Benefits for The Owner of the goods:

1.     No need to bother looking for customers, examples of companies manfaktur apparel maker only do large-scale production and then do not sell to customers directly. Enough is deposited in the store - store only ..
2.     No need to sell or trade goods.
3.     Does not accumulate too much stuff in the barn.

    Benefit for Commissioner

1.     Getting commission from the owner of the goods for his services in sell goods. The amount of the percentage of the amount of the commission depends on the agreement contained in the MoU between the owner of the goods to the commissioner.
2.     The system is fairly easy and painless. Only sell goods, and when the few remaining unsold, only need to return it to the owner of the goods. No need to replace it.
3.      Expenses - expenses relating to the sale of goods on the responsibility entirely by the owner of the goods. Examples Freight Expense, install expense, advertising expense, and much more.