New consignment rules

These apply to items Ragpiq places with you from today. Items already in your store keep the rules they came with.

• 1

  Full price for the first 4 weeks

  •No discounts in an item's first 4 weeks.

  •Tap the item in Inventory to see the day discounts open.

  

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• 2

  8 weeks on every Ragpiq item

  •Every item from Ragpiq is consigned for 8 weeks from check-in.

  •The ring on each item in Inventory shows how long is left.

  

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• 3

  Then discount, down to the floor

  •After 4 weeks you can discount, as far as the item's floor:

  Item priceDiscount up to

  Under $50050% off

  $500 to $2,00030% off

  Over $2,00020% off

  •Sell for less and you pay the seller the difference.

  •Not sure how low you can go? Tap the item in Inventory to see its floor.

  •When you discount, change the price in Ragpiq too.

  

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• 4

  Items unsold after 8 weeks

  •A week before the end, we reprice the item.

  •If the seller takes the buyout price, you get first chance to buy it.

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• 5

  Shipping both ways

  •Sellers anywhere in Australia can now send you items.

  •You see the shipping on each bag before you buy.

  •Unsold items go back to the seller with a prepaid label.

  

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Our goal is to change how fashion consignment works, in Australia and around the world. Someone in another state can now consign with your store without ever walking in. Thank you for building it with us.

Every rule is in our Store Terms.