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What is consignment?
Consignment is a process where an artist, brand, or business entrusts us to sell their product on their behalf, while retaining full ownership of their product.
This means that an artist's work remains theirs. No exclusivity, no licensing, or other legal fluff.
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Why consignment?
As an artist owned and operated business, one of our core values is to provide artists with financial opportunity. Artists keep 60% of sales, we keep 40%. Many galleries and traditional retail stores take a significantly larger cut, and wholesale margins are 50/50. Consignment helps us carry more inventory and ultimately support more artists and small businesses looking for steady (yet passive) income.
We still purchase wholesale, but the queue for this is much longer. -
How does consignment work at Cocodrie?
• Artists keep 60% of revenue (10% more than wholesale margins)
• Paid by the 10th of each month
• Transaction receipts are provided
• Agreement provided with list of transparent terms and conditions
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Extra Perks
• Fully funded project opportunities
• Host workshops on site (no % cut)
• Get featured across social platforms
• Access to our collective only monthly newsletter