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Wednesday, March 12, 2014

Reselling at Community Consignment Sales

There are all kinds of creative ways to resell your kids clothes and 'stuff'. Large-scale community consigment sales are becoming more and more popular (and a great way to find good deals too). Google 'kids consignment sale' to find one near you.

I go to a sale in my area that is a Just Between Friends franchises. Usually in the fall and spring, there is a scheduled sale in a community center or public venue and you can sign up to be a consignor. Once you sign up, you use their system to create tags that identify your items and you set the price (remember you want them to sell!). The websites have excellent guidelines and video tutorials that are quick to review so you'll have an idea of what sells and how to prepare your items. You will need some minimal supplies and I recommend this tagging gun because the fine needle is less likely to cause damage.

You can volunteer at the sale and earn a better commission. I volunteer for 4 hours and earn a 70% commission on my items. Volunteers also have the priveledge of shopping early before the main sale and discount sale and I have a lot of fun doing it.

You'll see a schedule of when to drop off your items and they do the rest. You'll be able to login to your account and see what has sold (through your bar-coded tag) and wait for a check to arrive in the mail in a week or two. You can pick up the items that didn't sell (and save them for the next sale) or just let them be donated and receive a receipt for a tax-deductible donation.

Don't have time for tagging? You'll earn less commission, but many sales will do the tagging for you too. Easy breezy!

Sunday, March 9, 2014

Reselling - Part of the Savings Cycle

What's reselling? In particular, I talking about kids clothes and toys because they outgrow things so quickly. What do you then? If you automatically think of lots of clutter and work, think again!

Reselling is one of the final possible steps in the cycle. For my toddler/preschool-aged girl, she has a better quality/bigger wardrobe than ever before and I likely break even or make money on it after I resell it. I've shared tips for buying quality at deep discounts either at retail stores, consignment sales, or thrift shopping. Reselling is an essential part of the savings cycle. There are endless options that are quite a bit of work or nearly effortless. You have plenty of options depending on the time and payback you want:
  • eBay/Amazon/other online selling
  • consignment: online or brick & mortar stores, or big seasonal sales
  • garage sales
  • tax deductible donations
  • Facebook trading pages
  • Craigslist and similar sites
  • the list is endless...
The next few blogs are going to focus on the Just Between Friends consignment sale that I participate in seasonally. It's huge, fun and a perfect place to resell and find new bargains!