Murphy Johnson Watches Co. | Why Consignment
Consignment in Murphy Johnson's
Watches we sell are consignment. We will explain more about what and why Consignment is below.
What is Consignment
Consignment is a business arrangement in which a seller (consignor) entrusts goods or products to an agent (consignee) to sell on their behalf. The consignor retains ownership of the goods until they are sold, at which point the consignee receives a commission for the sale.
The consignment process typically involves the following steps:
- The consignor and consignee enter into a consignment agreement that outlines the terms and conditions of the arrangement, including the commission rate and the length of time that the goods will be available for sale.
- The consignor then displays them in their store or on their website.
- Customers purchase the goods from the consignee.
- The consignee remits payment to the consignor for the sale, minus the commission fee.
Why Consignment?
Consignment can be beneficial for the consignor, consignee and the customers.
The consignor can potentially reach a wider audience and avoid the costs and risks of maintaining their own retail space.
The buyer can purchase a variety of products safely with authentication from us as the consignor. And items are better priced as they are sourced from other regions of the world.
The consignee can offer a variety of products without having to purchase inventory upfront, and they can potentially earn a profit from the commission.
Where are our watches came from?
We sell to North America, Europe, locally in Japan and Hong Kong.
Watches are imported from Japan and Hong Kong, where clients in Japan and Hong Kong consigned their watches to us so that we can sell their watches for them. So after ordering, it could take time for us to collect the watch from the consignor, do the inspection on the watch and ship it to you. It takes around 1 ~ 2 weeks of processing time, as we want to make sure what we are selling is in good condition. We also rank and reflect the condition of watches as factual as possible through photos and words.
Welcome to Murphy Johnson Watches Co.
We are thrilled to offer you a great selection of authentic and high-quality wristwatches and pocket watches. Our team of watch enthusiasts is passionate about showcasing the history and craftsmanship of watchmaking. Every watch in our collection is carefully inspected and authenticated to meet our high standards.
We offer a wide range of watches from renowned brands like Rolex, Patek Philippe, and Omega. Whether you prefer a classic vintage watch or a modern sports watch, we have the perfect timepiece for you that fits your style and budget. Our team is dedicated to providing you with an unparalleled shopping experience, from selecting the perfect watch to after-sale support.
At Murphy Johnson's Watches, we take pride in providing exceptional customer service and delivering high-quality watches. We believe that our personalized approach has earned us glowing reviews from our satisfied customers. Your satisfaction is our top priority, and we strive to exceed your expectations at every step of the buying process.
As a family business passed down through generations, we bring a wealth of knowledge and experience to the watchmaking industry. Our passion for watches is rooted in our family history, and we are honored to continue the legacy of our predecessors by offering a curated collection of cosigned wristwatches and pocket watches. We believe that every watch has a unique story to tell, and we take pride in sharing those stories with you.
We understand that buying a watch is more than just a transaction; it's an investment in a piece of history and a reflection of your personal style and taste. We believe that a watch is more than just a device that tells time. It's a symbol of your appreciation for craftsmanship and history. That's why we offer only the best and authentic watches, and we are committed to providing you with a memorable shopping experience.
Thank you for considering Murphy Johnson's Watches for your next watch purchase. We look forward to helping you find the perfect timepiece for your collection. From vintage to contemporary, we've got you covered!
