Question 1

What are the various options of Selling on KIABZA?

Accepted Answer

A Seller on Kiabza has two options of Selling products, Outright Sale or Consignment Sale. Under the Outright Sale option, they would be paid once the product(s) are approved by our Curation team. However, only Fast Fashion & High Street Branded Clothing are accepted under Outright Sale. This means that Luxury & Premium Clothing and Bags will only qualify for reselling under the Consignment Sale option. It is however to be noted that the Consignment Selling option entails a seller a higher payout as compared to Outright Sale.

Question 2

How is Consignment Selling a better option?

Accepted Answer

Under the Consignment selling option, one gets the opportunity to earn more (i.e. up to 50%) on the sale of your Products while under the Outright Sale option the seller gets paid almost immediately but the amount is smaller.

Question 3

How Consignment Selling works on KIABZA?

Accepted Answer

You shall transfer a minimum of 3 product(s) (ie clothes) to us for approval which shall be screened at our end for quality and authenticity. Once the same is approved, we shall inform you of their status by posting necessary information under Approved Products in your account online. Once we have your consent on the prices at which they would be listed, the product(s) would be listed on our website. If unfortunately, some of your products are not approved, the status of the same would be posted under Unapproved Products in your account and we shall seek your consent to donate your products, you also have the option to call back your products at a cost of Rs.100/- each.

Question 4

What is the Listing Period of the Consignment model?

Accepted Answer

This is the period for which the product(s) would remain listed on our website for our consignment model, and currently, this period is 6 months. Any extension of this period could be mutually decided between us.

Question 5

Can the products be returned back to the Seller before the listing period?

Accepted Answer

If any Seller wants to withdraw the product(s) before the minimum consignment period of 6 months, Kiabza will levy a small charge of Rs.200/- per product to meet the costs incurred by it in listing the said items on its website.

Question 6

What happens to the products after the listing period?

Accepted Answer

If the listed products do not sell within the initial period of 6 months, the same would be either listed for an extended period to be mutually decided between Kiabza and the Seller or the same would be returned to the Seller. Only the shipping/courier cost would be paid by Kiabza.

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