Store Owned (What happens to an item if it isn't sold after "X" days?)
If this option is selected, If an item has not been sold after the Aging Inventory
period is past, then the ownership of the item will transfer to the store owner.
The item will continue to be listed on the floor and online after it has expired, however, if/once it sells, the store owner will receive 100% of the sale price.
If the box is unchecked and an item has been sold after its status has been switched to expired, the ownership of the item will still be under the consignor it was originally listed under.
The payout amount will still go to the consignor with this setting unchecked since the ownership is still under the consignor.
Inventory Aging (Price markdown - Automatic Price Reductions)
Inventory Aging Inventory aging is used when you want to discount products that aren’t sold after a specific period of time in order to increase the chances that they will be sold. For example, if a product isn’t sold after 30 days, the price will ...
Expiration Date (For unsold items you would like to expire from your inventory)
The Expiration Date section allows you to choose whether you would like your items to be expired based upon, b. the date that they were created. c. the date that they were uploaded to Shopify. When you are listing an item, you will choose between two ...
Incoming Inventory - Receiving Items/ Item Entry
Next, you need to enter the details for each item in your inventory. At the top, you will see a toggle switch under Sellable Item. This is for items that you receive that might not be sellable due to the condition it’s in. For example, if a shirt has ...
Item Entry - (For store owners who want to allow Consignor Entry)
If enabled by the store owner, consignors can enter items in Aravenda using their login credentials. *This is a great time saver when you have several consignors with multiple items. With this feature, it’s best to have documentation and video ...
This is to add items to your store. This information is what will appear on your Shopify store and across all online sales channels. To add items (inventory) to your store, click + Create New Inventory in the top right. 1. Select Account – Select the ...