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Cash and Consignment options for items
NU2YU Baby Shop no longer buys/sells/consigns items. Thank you.
NU2YU Baby Shop Consignment Policy: Welcome to the NU2YU Baby Shop! We are continually accepting maternity through childhood items - EXCEPT FOR CLOTHES and SHOES - which are in very good to new condition (no exceptions). Please read over our useful consignment guidelines: 1. Items must be clean, in good working condition, and not missing hardware or have structural flaws. 2. Items should be dropped off at the shop - during store hours (closed Mondays) - where they will be received by the store manager. We will email you within a week to offer a cash outright purchase price or inform you if it is to be sold on consignment. 3. Consignees receive 40% of the article’s sale price in cash, or 50% as in store credit. 4. Items may be reduced in price up to 20% after one month; however, we will notify the consignee of any change to the sale price should it dip below 20%. 5. Consignees are responsible for checking their accounts in order to receive payment. 6. Consignees who want their items returned, if unsuitable or not sold, have two weeks from NU2YU Baby Shop's notification to pick up their items before they are sent on to charity. 7. The initial inspection of any item is no guarantee that all items taken will be put out for sale. 8. All possible care will be taken to ensure proper handling and safety of items; however, management cannot assume responsibility for loss or damage. 9. Management cannot assume responsibility for payment on account if accounts are not collected within one year. Consignment Procedures: please fill out our on line Inventory Intake Request form.
The NU2YU Baby Shop continuously accepts maternity through childhood items which are in VERY GOOD to NEW condition - EXCEPT FOR CLOTHING and SHOES.
For safety and liability reasons, we do not accept electrical appliances or gear which does NOT conform to mainland China's electrical outlets and currency (ie. we do not accept electrical plugs from Europe, North/South America, Australia and other parts of Asia including HK). Thank you for your understanding and cooperation. Procedures for Cash purchase from NU2YU Baby Shop: please fill out our online Inventory Intake Request form, listing all items.
NU2YU Baby Shop offers a three-tiered inventory purchase system:
1. consignment 40% of the cash sale of any item, for example, if an items sells for 100 RMB, then you will receive 40 RMB in cash; 2. consignment 50% of in store credit of the sale of any item, for example, if the item sells for 100 RMB, then you will receive 50 RMB of credit which can only be used in the NU2YU Baby Shop; 3. cash buy out 30% cash up front, which is approximately 1/3 of what we will resell the item for: 1/3 to recoup the initial investment, 1/3 to cover NU2YU's expenses (rent, advertising, etc), 1/3 profit. | ||||||||||||
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