Hello all,
I recently contacted a local coffee house/pub/music school, that is all under one roof. Looks pretty cool.
I'll be meeting with one of the staff of instructors to show him some of my builds. He's excited to explore the possibility of teaching students how to play them and consigning them. Any advise you have would be great such as what is the typical percentage split.
Should I leave one on loan to see if he can promote them?

Views: 269

Replies to This Discussion

Exposing a new group of people (i.e. the coffee house/pub/music school) is a good idea. More people see, more people want. Two considerations. First, many hands will be handling said instruments with questionable cleanliness and/or respect to the fact that the instrument is intended to incite education and potentially, a sale or two. Any instruments offered for "learning/promo" can likely be written off as a donation.

Second, to the topic of "consignment" relative to my own experience. Before I found a proper way to sell my craft in building cbgs, I tried "consignment". I had net yet achieved any form of confidence in way I had built, and was too eager to bend over backwards just to make a sale. The average percentage that businesses wanted for consignment was 35%. When factoring in the cost of parts and my time, giving a stranger 35% of my sale was painful.

Others may have had a different experience with consignment. My own opinion is that consignment is not a good choice. Exposing new people to cbgs IS a good choice. Best of luck.

Another option you could consider would be wholesale.  Just think what would your bottom dollar be that you could sell your CBGs at and you still make the money you want (provided they buy several (say 3-5+)). 

Basically you could "cut him a deal" if he bought 3-5 (or more) that way you are able to make money and he is able to then upcharge, and sell the guitars to students at a rate he could also make money on.  You could also charge more a piece if he only buys 3, and charge slightly less a piece if he buys 5 or more. 

I know this may sound complicated, but typically for most things your wholesale rate might be:
parts + time x 2 = $

Some people would rather buy outright, and then charge what they want, then have to keep up with consignment.

From a shop keepers perspective, (which I have been), I would much rather do consignment at first moving to wholesale after it becomes a proven seller. Consignment is risky for me because I am responsible for the item prior to sale but, I take a lot of burden off the guitar maker. For that, i get a decent cut of the sale.

Here's another idea I had rolling around in my head. (speaking of demos)

Lend or give one to a friend who plays in a very consistently working band, he plays slide very well and the band has (locally) a large following. They use social media and work hard to keep the fans coming to shows.

RSS

The Essential Pages

New to Cigar Box Nation? How to Play Cigar Box GuitarsFree Plans & How to Build Cigar Box GuitarsCigar Box Guitar Building BasicsCigar Box Guitar Parts Store

Site Sponsor

Recommended Links & Resources


Discussion Forum

Selling in Canada

Started by Robbie. Last reply by the anonymous pick Jan 14, 2020. 3 Replies

Cigar box guitar luthier wages

Started by John Rivers. Last reply by Hollis Fenn Sep 4, 2018. 8 Replies

Shipping Costs

Started by Wade. Last reply by the anonymous pick Mar 18, 2017. 4 Replies

Market saturation point?

Started by Orcabait. Last reply by Wichita Sam Mar 1, 2017. 20 Replies

consignment advice

Started by TattooedAxe. Last reply by TattooedAxe Jan 13, 2016. 6 Replies

consignment advice

Started by TattooedAxe. Last reply by Orcabait Jan 12, 2016. 5 Replies

PayPal Here

Started by Mr. Toad. Last reply by Braxton Nagle Feb 12, 2015. 4 Replies

Transporting CBGs......

Started by W.T. Tarapchak. Last reply by Muddy Creek Guitars Jul 27, 2014. 3 Replies

Cold War

Started by Wayne Bigler. Last reply by Chris Carlson Apr 19, 2014. 1 Reply

music store sales of your instruments

Started by bairfoot cajun. Last reply by Julian Fitton Oct 29, 2013. 5 Replies

Selling Canjos and Amps

Started by John Hersey/Hersey Collectibles. Last reply by Pete Turner Aug 25, 2013. 6 Replies

Do You Take Credit Cards?

Started by Madurobob. Last reply by Muddy Creek Guitars Aug 1, 2013. 6 Replies

Facebook page for cbg's

Started by TattooedAxe. Last reply by steven beck Jul 14, 2013. 1 Reply

want to buy a cbg in uk

Started by howling. Last reply by South Paw,Davey Oct 17, 2012. 17 Replies

Latest Activity

Keith Rearick liked Poorness Studios's video
1 hour ago
Keith Rearick liked Korrigan's video
1 hour ago
Keith Rearick liked Gary O'slide's video
1 hour ago
Uncle John commented on Poorness Studios's video
Thumbnail

New River Train (a musical skit)

"You guys are my fave right do-et.  That twanger sounds great."
1 hour ago
Korrigan commented on Korrigan's video
Thumbnail

Radioactive

"By the way, listen with headphones if you can. There's a lot more going on there then…"
3 hours ago
Korrigan commented on Korrigan's video
Thumbnail

Radioactive

"Thanks guys!And yeah Poorness, I'm hipper than I look. lol"
4 hours ago
Doug Thorsvik commented on Poorness Studios's video
Thumbnail

New River Train (a musical skit)

"I can always tell you are having a good time putting them together! "
5 hours ago
Doug Thorsvik commented on Poorness Studios's video
Thumbnail

New River Train (a musical skit)

"Another delightful musical skit Kale! Creative and entertaining. You have a fertile imagination."
5 hours ago
Doug Thorsvik commented on Doug Thorsvik's video
Thumbnail

Thy Loving Kindness: 3-String Surf SLG Cigar Box Guitar

"Thanks for watching AGP and Uncle John! I think this song goes back to college days when I was…"
7 hours ago
Poorness Studios posted a video

New River Train (a musical skit)

I thought it was time to do another musical skit. I hope you all enjoy this two man rendition of a classic folk tune, New River Train. If you haven't seen th...
7 hours ago
T-Gripped liked Doug Thorsvik's video
8 hours ago
Uncle John commented on Korrigan's video
Thumbnail

Radioactive

"Strong, K"
8 hours ago

Music

© 2022   Created by Ben "C. B. Gitty" Baker.   Powered by

Badges  |  Report an Issue  |  Terms of Service

\uastyle>\ud/** Scrollup **/\ud.scrollup {\ud background: url("https://storage.ning.com/topology/rest/1.0/file/get/963882636?profile=original") no-repeat scroll 0 0 transparent;\ud bottom: 25px;\ud display: inline !important;\ud height: 40px;\ud opacity: 0.3 !important;\ud position: fixed;\ud right: 30px;\ud text-indent: -9999px;\ud width: 40px;\ud z-index: 999;\ud}\ud.scrollup:hover {\ud opacity:0.99!important;\ud}\ud \uascript type="text/javascript">\ud x$(document).ready(function(){\ud x$(window).scroll(function(){\ud if (x$(this).scrollTop() > 100) {\ud x$('.scrollup').fadeIn();\ud } else {\ud x$('.scrollup').fadeOut();\ud }\ud });\ud x$('.scrollup').click(function(){\ud x$("html, body").animate({ scrollTop: 0 }, 600);\ud return false;\ud });\ud });\ud \ua!-- End Scroll Up -->