+995 596 896 000
info@geocommerce.ge
+995 596 896 000
info@geocommerce.ge
geo commerce
  • About Us
    • Our Mission
    • Our Values
  • Global Trade
    • Overview
    • Trade Statistics
    • Trade Organizations
    • Trade Regulations
    • Trade Opportunities
  • Our Business
    • Export Management
    • Buying Agency (Confirming House)
    • International Sales Agency
    • International Distribution
    • International Licensing and Franchising
    • Co-Marketing
  • Our Services
    • Consultancy
    • Commodity Trade
    • Logistics
    • Supply Chain Management
    • Trade Finance
    • Customs clearance
  • Blog
  • Contact Us
Menu
geo commerce
Login / Register
Sign inCreate an Account

Lost your password?

Browse Categories
  • Agrofood
  • Oil and Gas
    • Fuels
      • Aviation Spirit
      • Petroleum Oils
    • Petroleum Products
      • Petroleum Bitumen
      • petroleum Coke
    • Jet Fuel
    • Base Oil SN150 - from Petroleum Oils
    • Diesel EN590 10PPM
    • Petroleum Bitumen 100/120
  • Metals and Minerals
    • Minerals
      • Coal
      • Stones
    • Mineral Products
      • Ceramic Articles
      • Flat Glass, Mirror
    • Iron and Steel
      • Bars, Rods, Wires
      • Flat-Rolled Products
    • Articles of Steel
      • Iron And Steel Structure
      • Iron Sheets, Tubes, Pipes
    • Travertine
    • Granite
    • Coal
  • Chemicals
    • Chemicals
      • Fertilisers
      • Other Chemicals
    • Granular Urea 46% Agricultural Grade
    • Agricultural Urea 46%
Login / Register
Sign inCreate an Account

Lost your password?

Consignment

In a consignment arrangement, a vendor (the consignor) gives items to a receiver (the consignee), who agrees to pay for them once they have been sold.

The benefits of consignment

  • Less risk: Since the consignor keeps possession of the products until they are sold, there is less chance that they will be stolen or damaged.
  • Consignees may have easier access to specific markets or clients due to increased market access.
  • Cash flow: Consignors may be able to make money from unsold products.

Negative aspects of consignment

  • Lower profits: Compared to a direct sale, consignors often receive a less percentage of the sale price.
  • Lack of control: Consignors could not have as much say in pricing and merchandise choices.
  • Costly: Consignors might be responsible for paying for storage and shipping charges until the products are sold.

Consignment Types

  • Retail consignment: The merchant who agrees to display and sell the items is the consignee.
  • Direct-to-consumer consignment: In this type of consignment, the consignee sells the items to customers directly, frequently online.
  • Consignment of art: Artists may lend their creations to galleries for display and sale.

Agreement for Consignment

Typical elements of a consignment agreement include:

  • Quantity, quality, and condition are all included in the product description.
  • Pricing: The items’ suggested retail prices and the consignor’s payment terms.
  • How long the products will be held by the consignee during the consignment.
  • Who pays for transportation and insurance for delivery and return?
  • Merchandising and marketing: how the products will be advertised and promoted.

GEO Consignment and Commerce

In addition to ensuring fair and advantageous terms for both consignors and consignees, GEO Commerce can assist businesses in navigating the complexities of consignment agreements. From pricing and merchandise to transportation and insurance, our team of professionals can offer advice. To find out more, call us right away.

At "GEO Commerce", we believe in connecting assets and opportunities globally by making goods and services exchangeable easily.


Sign up for our Newsletter
Trade Knowledge
  • Incoterms
  • HS Codes Tarrifs
  • Letters of Credit
  • Documentary Collections
  • Export Credit Insurance
  • Consignment
  • Cargo Insurance
  • AML & FATF
Quick Links
  • Privacy Policy
  • Terms & Conditions
  • Frequently Asked Questions
Contact Info
  • Address: 7 Robakidze Ave, Tbilisi, Georgia
  • Email : Info@geocommerce.ge
  • Phone : +995 596 896 000

© 2025 geo commerce. All rights reserved

  • Menu
  • Categories
  • Agrofood
  • Oil and Gas
  • Metals and Minerals
  • Chemicals
  • About Us
    • Our Mission
    • Our Values
  • Global Trade
    • Overview
    • Trade Statistics
    • Trade Organizations
    • Trade Regulations
    • Trade Opportunities
  • Our Business
    • Export Management
    • Buying Agency (Confirming House)
    • International Sales Agency
    • International Distribution
    • International Licensing and Franchising
    • Co-Marketing
  • Our Services
    • Consultancy
    • Commodity Trade
    • Logistics
    • Supply Chain Management
    • Trade Finance
    • Customs clearance
  • Blog
  • Contact Us
  • Compare
  • Login / Register
We use cookies to improve your experience on our website. By browsing this website, you agree to our use of cookies.
Accept