While a number of Home Furnishing consignment and resale shops have used NextGen’ pricing tools for years; they’ve used them for women’s, men’s and children’s items as NextGen has only recently developed a pricing tool for home furnishings. Much to their satisfaction and thanks to their help, NextGen has now added a Home Furnishings Pricing Tool.
In the course of developing the tool, we’ve grown to appreciate the big difference in pricing and paying for Home Furnishings and pricing and paying for childrens, women’s and men’s apparel, accessories and gear.
As with politics, per Tip O’Neill’s famous quote, the reselling of home furnishings is a local affair. Much more so than women’s, men’s and children’s items, “right” Prices and Payments are determined locally. This is manifest online with the dominance of nationwide resale outlets for women’s men’s and children’s apparel, footwear, and accessories and the dominance of Craigslist and other local outlets for home furnishings.
The local nature of the home furnishings market, worked against efforts to arrive at suggested prices tracing to prices nationally and regionally, and led instead to a focus on improving the speed and efficacy of local price identification. .Unlike the other pricing tools, there are no suggested prices. It is purely an online reference tool, providing for the ready reference of local resale sites and where weak, of national retail sites.