4 Ways to Sell Your Items Successfully

4 Ways to Sell Your Items Successfully

4 Ways to Sell Your Items Successfully

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by MoneySavingQueen.com

MoneySavingQueen

Posted on March 12, 2012 at 11:00 AM

Updated Monday, Mar 12 at 11:00 AM

 

I grew up selling stuff...or junk as some would say. We had booths at trading shops, flea markets and in fact, I even have family members who make their living by having garage sales. However, I have also noticed many people just don't know where to start when it comes to selling. There are many factors you have to think about before you start selling your items and of course, the biggest thing to realize is that you will have good days and bad days but don't give up.

I asked one of our readers, Anna Marie, to let us in on what factors she believes are important when it comes to selling your stuff. Anna Marie has a booth at a local trading shop and knows what it takes for successful selling.

{4 Ways to Sell Your Items Successfully}

1. Location: What type of merchandise do you have, and who is your target audience? If you have collectibles, and you are wanting a good price on them, selling them at a garage sale will not get you the profit you had in mind. You have to evaluate what you are selling and the mindset that the shoppers are in when shopping. If you are selling in a store-type setting....the location of the store, AND the location of your merchandise IN the store is equally important. Usually having your merchandise near the front door is desirable, but good lighting and on a corner or end is also a good spot.

2. Research: Garage sales, church bazaars, flea markets, consignment shops, craft malls, Money Saving Queen's  Moms list, Just Between Friends, Craigslist or Ebay, etc. Ask yourself, 'do you have to do the selling or is it a store-type setting that some one else will be tending?' Who is your target audience? Commission is another thing to look at....what is your overhead? Will someone else be getting a percentage of the sale? What about shipping costs? You have to factor in everything.

3. Keep it Clean:  Make sure your items are in the BEST condition possible. If you are selling clothing, be sure they are washed and hung on hangers or at least neatly folded. Perhaps even ironed. If you are selling figurines then touch up any chips. Just by wiping off the dust, you can increase the value of your items. Can you enhance your item with some paint or a bow? You'll be surprised the difference a little extra work will make.

4. Pricing:  Price your items reasonably. If the goal is to get cash for unwanted items, putting a high price on them because you have sentimental attachments to them will not get them sold. Keep your goal in mind and remember it is a second-hand item....you usually won't get out of it what YOU paid for it. Look online, on E-bay or Craig's list, to see what similar items are SELLING for. Be sure to differentiate between what they are actually selling for from what people are asking. If you are in a store setting, take time to walk around and note the prices of other items like yours....that will be who you're competing with.

Thanks, Anna Marie!

The biggest obstacle is figuring out where to sell your items so you have the most success. In order to do that, you have to determine your target audience just like Anna Marie said to do. Where are your shoppers? If you're looking for moms, then set up at your local Just Between Friends sale. If you're looking for antique dealers, then set up at a flea market. All you have to do is think smart before you sell.

There is a lot of trial and error when it comes to selling. I had an eBay store for many years and over time I realized the shipping costs hindered my ability to sell my items so I switched to Craigslist. I had more success on Craigslist even though I did have to meet people to sell the items. Be sure to keep in mind safety and never go alone when you meet people. Common sense can go a long way.

 

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