Garanimals Blog

September 19th, 2014 at 9:00 am

Making Money Through Consignment Sales

consignment

As kids grow up, you end up with a lot of extra clothing and items you won’t use anymore, but are still in excellent shape. One way to make some money to put towards new things is by selling your gently used clothing and other items at a consignment sale.  The ones I have participated in run in the fall and spring. I want to share a few tips to help prepare you for selling used items.

Hangers

Most sales ask you to provide hangers for your items. They do not typically return these, so you need to collect them throughout the year. I have a tote where I store hangers from when I purchase items. If I need other types or sizes, I recruit family and friends to save them also.

Collecting Clothing

I have two totes that are labeled Spring/Summer and Fall/Winter. I collect clothing each time I clean out the boys closets. As I put these items away, I make sure they are in good condition, with no stains, rips, or holes. I fold them neatly and store them until I am ready to sell. This also gives you time to make any repairs like loose buttons, frayed hems, etc.

Non-Clothing Items

Depending on the type of consignment sale, you can sell gently used toys, home decor, small appliances, bedding, etc. Everything should be in good working condition, clean, and show little to no wear. Make sure all pieces are kept together and are packaged efficiently if necessary.

Tagging and Pricing

Each consignment sale has different rules on how to tag and attach pricing to your items. Make sure to use enough details in your tag descriptions so that items and tags can be matched up if they are separated. A good rule for setting pricing is by determining what is approximately 25-50% of what the item originally retailed for. Be sure to get all the details on any pricing requirements or suggestions from the person who handles the sale coordination.

A Good Set of Tools

Here are a few things that help me in my preparations:

  • Good Scissors
  • Masking Tape
  • Decent Pen
  • Black Sharpie
  • Batteries (Everything that runs on batteries needs fresh batteries or it won’t be accepted)
  • Screwdrivers
  • Cleaning Wipes
  • Goo Gone
  • Baggies (in various sizes)

Donate What You Can’t Sell

It’s a nice gesture to donate what you don’t end up selling, and you will keep house clutter to a minimum, allowing for more storage for new items you may need.

Happy selling!

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