by Data Age | Dec 30, 2014 | Business, Gems, General Merchandise, Gold & Jewelry, Industry, New to the Industry, Precious Metals, Retail, Tech, World
Unbolted is an online peer to peer lending platform that is effectively a digital pawn shop. Users may secure loans with personal “high value assets” to access loans of up to £1 million according to a release from the company. For lenders Unbolted states the loans are...
by Data Age | Sep 18, 2014 | Business, Competitive Advantage, General Merchandise, Retail
A lot of pawnshops will sell their excess inventory on eBay. Some shops have a lot of success doing so and others find the work involved and the fees associated with eBay can eat pretty heavily into their profits. Those that have success put a lot of effort into...
by Data Age | Sep 9, 2014 | Business, Business News, Customer Service, General Merchandise, Management
This is an older article (Feb 2014) but I think it’s still a good read for anyone running a retail business. This article outlines 10 big retail chains and their overall poor performance in customer service. Small business can learn a lot about adding value to...
by Data Age | Sep 2, 2014 | Business, General Merchandise, Industry, Marketing, News
This Aiken Standard article did a really nice article about Morgan Milner, owner of The Whiskey Trader in South Carolina. The article outlines the basic difference of using a pawnshop vs. eBay or even a bank. To me the main point for people in our industry is the...
by Data Age | Aug 27, 2014 | Business, Compliance, General Merchandise, Industry, Management, New to the Industry, News, Security
Bridging the gap of communication is what authorities are working towards for Ocean County and Atlantic City, New Jersey. When items are stolen from Ocean County they are, more often than not, sold at pawnshops in Atlantic City. Ocean County Prosecutor, Joseph...
by Data Age | Aug 27, 2014 | Business, Compliance, General Merchandise, Industry, Laws, Management, News
Canada – Monday night, city council hosted a meeting where the council, “instructed staff to examine potential changes to the secondhand dealers and pawnbrokers bylaw.” Game Quest owner, Kelsy Polnik, did a presentation suggesting the rules be...
