Consignment
Eternalhype provides a secure and convenient consignment process to assist customers obtain the maximum return on their sneakers. Sneakers can only be processed for consignment in store. Eternalhype is fully insured and guarantees protection of all personal property.
Commission: Eternalhype’s commission rate is 15% of the sale based on the item’s price when sold. So in other words 85% of the total sale goes to you, the consignor.
Marketing: Items will be added to the store’s inventory after Consignee and Eternalhype establish sale value. Consigned items will be shared on various social media platforms daily.
Condition of Items: Eternalhype will only consign, sell or buy items that are authentic, clean and in pristine condition. Rest assured, customers are not permitted to try on consigned sneakers. Consigned shoes MUST be in Deadstock (Brand New) condition of VNDS (Near Deadstock) to be consigned
Payment: Eternalhype will distribute Consignee payments through check, Venmo, Zelle or paypal (Consignee responsible for paypal fees). The Consignee is responsible for retrieving payments for items sold and must ensure valid payment information is provided to Eternalhype.. Checks are voided after 120 days. Payments not collected within 90 days of sale are forfeited to Eternalhype.
Consignment Period: Each consignment agreement includes a minimum of forty-five (45) days in Eternalhype’s inventory. Consignee may not remove items from store’s inventory before any consignment period ends.
Retrieval/Renewal of Items: If your consignment period expires, Consignee must contact Eternalhype within 10 business days to arrange retrieval of items or renew consignment period. It is the Consignee’s responsibility to monitor consignment period expirations and initiate retrieval/renewal communications.
Authenticity Disclosure: If Eternalhype receives any items that are found to be counterfeit, the Consignee agrees to compensate Eternalhype for any liability costs (fines, liens, etc.) incurred.
If you are interested in consigning items to Eternalhype please contact us Eternalhypejs@gmail.com for a consignment agreement.
Thanks and God Bless,
Nicholas Riker
Owner Eternalhype