Tips and Advice from Kidzsignments

The Price is Right or Is it?from Kidzsignments

Monday, September 30, 2013

How well you price your items determines how much you will earn at a consignment sale.

When you're pricing your items, it is purely subjective.  However, you need to gauge how aggressively or conservatively to price your items.  First gain a clearer understanding of your objective. 

If your items don't sell will you be picking them up?

Yes.  I will search until every item has been collected.

     Aggressive - I want to earn as much money as possible.  If this sounds like you then you really need to price your items carefully.  If you overprice and don't discount they won't sell.

  • Yes.  I will only be picking up my high ticket items. 

     Moderate – I want to recoup some of my costs but I won't lose sleep over it.  I would suggest pricing the items in the upper middle of the price range and discounting your items.

  • No.  I am glad it is out of my house.

     Conservative – Earning some money and having the items out of my house are a win-win.  I would suggest pricing the items in the middle or lower end of the price range and discounting your items.

 

It is important to take the emotions out of pricing your items.  We all have that sentimental outfit that the baby wore home from the hospital or the one they wore on their first day of school but that does not mean we can price it $100. 

  • To price your clothing....New clothes with tags can easy be priced at 50% and more of the original retail price. Clothes that are not new but in great shape are usually priced 1/3 to 1/4 of the original price. The price should also take in account the brand, age and condition of the item.

  • Furniture and equipment prices can be calculated 1/2 to 1/3 of the original price.

  • Books typically sell priced at 1/3 of the original listed price. There are so many variables when it comes to books - Is it soft/hard cover, Is it educational, What is the condition?

  • Work with a buddy. This gives you the opportunity to bounce ideas off of each other (and the work becomes fun).
  • Group all your items before you start pricing. Price all the dresses at the same time, the sweaters at the same time, etc.
  • Lastly you should ask yourself "What would I pay for it?"

  • DO NOT WAIT UNTIL THE LAST MINUTE!  You will stress, feel unprepared and will rush through pricing and tagging your items.  Take the time to do it right and you will sell more.

Great resources for getting pricing information:

Craigslist

Ebay

Comments
clash Of clans cheat commented on 08-Jun-2014 01:37 AM
Build up your town defenses to ward off attacks from other users, build up your army to attack
and take over other users villages. Any lie told is forgiven, any act justified when fighting
the infidel. You can also share replays of attacks and
defenses with your clan to show everyone how you
are doing.
Isidra commented on 08-Jun-2014 08:53 PM
I was able to find good information from your articles.
Laser Hair Removal commented on 10-Jun-2014 12:24 AM
I got this web page from my friend who told me
on the topic of this website and at the moment this time I am visiting this web page and reading very informative content at
this place.
femdom sex chat commented on 23-Jun-2014 08:01 AM
Hello there! I know this is kinda off topic however I'd figured I'd ask.
Would you be interested in trading links or maybe guest writing a blog post or vice-versa?
My blog covers a lot of the same topics as yours and I feel we could greatly benefit
from each other. If you're interested feel free to shoot me an email.
I look forward to hearing from you! Wonderful blog by the way!
boom beach hack commented on 23-Jun-2014 01:33 PM
Myrtle Beach's primary business sector revolves around tourism
and visiting, with a secondary sector built around high tech (mostly programming) businesses.
In the end Janna was able to find out by looking at a photograph she'd taken. Some of these national parks and sanctuaries are world renowned.
Key business centers in Newport office were established in 2002, with office space
in 9 locations and have grown to over 50 locations by offering our clients what they need.

Bay County's population is projected to increase 65% over the next ten years.
info.lowtestosteronehelp.info commented on 24-Jun-2014 08:35 AM
Way cool! Some extremely valid points! I appreciate you writing this
write-up and the rest of the website is also really good.
live femdom cam commented on 26-Jun-2014 02:51 PM
Great post.
grow taller 4 idiots commented on 26-Jun-2014 07:44 PM
Hey There. I found your blog using msn. This is a really well written article.
I will be sure to bookmark it and come back to read more of your useful information. Thanks for the post.

I will certainly comeback.
find absolutely everything commented on 26-Jun-2014 11:06 PM
Hurrah! In the end I got a webpage from where I know how to in fact obtain helpful facts regarding
my study and knowledge.
developing cancer commented on 28-Jun-2014 01:08 AM
Good day I am so grateful I found your site, I really found you by error, while
I was browsing on Aol for something else, Anyways I
am here now and would just like to say thanks for a remarkable
post and a all round entertaining blog (I also love the theme/design), I don't have time to browse it all
at the moment but I have book-marked it and also added your RSS feeds, so when I have time I will be back to read more, Please do keep up the excellent work.
Saundra commented on 28-Jun-2014 01:46 AM
Hello! This post could not be written any better! Reading this
post reminds me of my good old room mate!

He always kept chatting about this. I will forward this post to him.
Pretty sure he will have a good read. Many thanks for sharing!
steam wallet code commented on 02-Jul-2014 02:47 AM
Nowadays, most of the children' experts advise parents to buy educational toys for kids because they know various advantages of those toys.

The amount of heat as well as force which a decent steam cleaner provides
ought to have the ability to break up any stubborn dirt and spots out with
the affected surface. Mixed with some astounding story plots and decision making matrix's,
Fallout 3 was one of the best Role Playing Games I have ever managed to play through dozens of times.
Different people experience the same video games in different ways and informing them of the fun factor is
another key criterion for prospective game players to try out a game or not.
Increased caution day time environment nicely, Galanz A6 steam wave wood stove the identical
terrific performing.
steam keygen no survey no password commented on 02-Jul-2014 09:25 PM
Curved TVs: Samsung and LG are trying different things with these presentations to give an alternate kind
of review point to the traditional flat straight panel. The amount of
heat as well as force which a decent steam cleaner provides ought to have the ability to break up
any stubborn dirt and spots out with the affected surface.

For fixing the issue satisfy modify the game configurations as beneath.

When I first heard these words they sent endless shivers down my spin with this game being
one of THE BEST story driven epics I have ever laid eyes on. NUMBER #7: RED DEAD REDEMPTION: GAME OF
THE YEAR EDITION (RELEASED MAY 18, 2010).
clash of lords 2 hack commented on 03-Jul-2014 11:49 AM
I found my place on my knees and made sure that my tree had fruit in which the Son of
God would be proud to see. and Winds of Winter (but it is
not ready yet, coming soon). " There has also been debate as to who was really in charge of the Chicago family following Al Capone's incarceration. You can also take on various missions to make cash and of course you’ll get loot (which can be sold) every time you defeat an enemy force. Finally, under pressure from the commission, Bonanno agreed to retire to Arizona as long as his son Salvatore "Bill" Bonanno succeeded him as boss.
Candy Crush Unlimited Powerups commented on 04-Jul-2014 09:34 AM
The video game industry is more than likely going to keep growing over the next few years and you should stay up-to-date with new trends.
Higher quality cigars blend different types of tobacco to give the cigars different
flavors. An "E+10" rating is applied to games that are appropriate for players
aged ten and over. The game file is a hefty 36MB so you may
want to download the game via Wi-Fi to save both time and your smartphone's data bundle.
Since I liked stuff about space I remember when tried to draw the solar system
in to a notebook.
hcg diet drops commented on 08-Jul-2014 12:43 PM
This excellent website definitely has all of the information and facts I needed about this subject and didn't
know who to ask.
removals to france commented on 13-Jul-2014 02:10 PM
Your method of telling everything in this post is
really pleasant, every one be capable of without difficulty understand it, Thanks a lot.
Chelsey commented on 17-Jul-2014 03:27 PM
I'm not sure exactly why but this web site is loading incredibly slow
for me. Is anyone else having this problem or is it a problem on my end?
I'll check back later and see if the problem still exists.
goodrichgoods.com commented on 19-Jul-2014 04:19 AM
Hey there, You have done a fantastic job. I will definitely digg
it and personally suggest to my friends. I am confident they will be benefited
from this website.
Christie commented on 21-Jul-2014 08:34 AM
Keep up the excellent work and bringing in the crowd!


Have a look at my web blog ...activite a domicile
offre emploi france commented on 22-Jul-2014 03:59 AM
Today, I went to the beach with my children. I found a
sea shell and gave it to my 4 year old daughter and said "You can hear the ocean if you put this to your ear." She put the shell to her ear and screamed.
There was a hermit crab inside and it pinched her ear.

She never wants to go back! LoL I know this is
completely off topic but I had to tell someone!
Chun commented on 22-Jul-2014 07:46 PM
Wow because this is really great job! Congrats and keep it up.


Also visit my web blog -trader independant particulier
Melody commented on 22-Jul-2014 09:02 PM
I appreciate reading through your web site.
Regards!

Feel free to visit my web blog -recherche un emploi a domicile
recevoir argent commented on 23-Jul-2014 06:20 PM
Terrific work! That is the type of information that are meant to be shared around the net.

Shame on Google for now not positioning this post higher! Come on over and discuss with
my website . Thanks =)
sites d annonces d emploi commented on 24-Jul-2014 12:31 AM
Wow! This blog looks just like my old one! It's on a entirely different topic but it has pretty much the same page layout and design.
Great choice of colors!

Post a Comment




Captcha Image

Trackback Link
http://kidzsignments.businesscatalyst.com/BlogRetrieve.aspx?BlogID=3338&PostID=405306&A=Trackback
Trackbacks
Post has no trackbacks.