consignors

Consignors are individuals or businesses that send goods to a retailer or seller to be sold on their behalf. They retain ownership of these items until they are sold. The consignor usually supplies the products and benefits from the sale price, minus any agreed-upon fees or commission. This arrangement helps sellers expand their inventory without upfront costs, while consignors maintain ownership until their goods are purchased. Common in industries like clothing stores, art galleries, and pawnshops, consignors benefit from increased sales channels without direct involvement in the retail process.