Yesterday, as I walked on the streets of Ortigas on my way to the Multiply office in Hanston Square, I received a text message from an unknown number. It was someone named Lovely from the Marketing Department of Cinderella. Not the one who left her glass slippers but the fashion specialty store since 1984. They are inviting me to be a consignor in one of their branches. Wow! Is this for real? Are they really asking me? When I asked for more details, the sender replied and gave me their office number. When i called their office, my doubts went away. They saw my products online, maybe in Shopping Spells, and got interested in my gift items and apparel (referring most probable to Glamma Momma).
They wanted to set a meeting with me to discuss about the opportunity of joining them. As I got a few details from Lovely, my mind thought at once of numbers, meaning, the amount of capital I need. As a consignor, they require terms and conditions to meet their needs. This includes a monthly quota, a big inventory and a promodizer which the consignor must provide. Uh-oh. This needs a lot of moolah. A big part of me wanted to say yes at once but how can I say yes if I’m not yet financially capable of meeting their needs. Can I loan in the bank? Ask money from my parents? Borrow from my dearest close friends (haha!)? Then I have to make my online biz legal by registering to DTI and BIR. I don’t know what to do next. Is it worth it to look for ways on how to come up with the needed capital just to be inside Cinderella? Or should I just go towards the path on having my own little shop in the near (or far) future?
I just told Lovely that I’ll think about it and will get back to her if I’m ready to set a meeting.
I wish I have a fairy godmother to help me on this 🙂
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