How many of you currently participate in consignment sales, whether it be just buying items, selling, or both? If you haven’t jumped on the consignment wagon, what are you waiting for? It is a great way to purchase clothing, baby gear, toys, and more for your child! Many areas have sales both in late summer/early fall and then again in the spring. I have been consigning for a while now, and I’m here to tell you that it is worth every bit of work it takes to prepare for the sales! (And it does take work, I’ll admit that!)
Today I dropped off 198 items to consign. Every year I think that I won’t make as much as I did the last time around and yet somehow I always make way more than I expect. My favorite sale actually only gives the seller 65% of the sale instead of 70% like most, but I still sell more there than any other sale, and I don’t price high on items either. I never price any of my clothes for more than $5 and even that is rare. Most items range from $1 to $3 (and keep in mind, I only make 65% of that). Just to show you how awesome consignment selling is for me, here are three of my settlement reports from Spring 2010, Fall 2010, and Spring 2011.
If you have read my Consignment Sale Tips post before, you know I always consign at two sales each season. The above were of course my first sale (my favorite and best selling location), but I did make even more than this each season (anywhere from $30 to another $100!). Of course, not everyone will make this much. It just depends on how much you have to sell. As I stated before, I sell for cheap prices, but I think that’s why most of my stuff sells. I just have a lot of clothes and other items each season because my kids have grandparents that go crazy buying them clothes and toys! Still, even if you don’t have as much as I do, give it a try! You may be surprised how well you do! I always shop the sales and still come out ahead even after buying items for the next season for my kids. Consignment sales are the way to go for sure!
For more info on consignment sales, make sure to read our older post HERE.
Leandrea is a married mom of two girls, ages 13 and 12, living in Atlanta, GA. She is passionate about helping people save money one coupon at a time. Read more
I’m consigning with Kidz Kraze for the first time this year. Ive attended the sales and volunteered before but this is my first time selling with them. I figure I won’t do nearly as well as you have but right now any amount of money made is helpful.