When tagging your items, you get to decide what you want the item to sell for. Sometimes this can be tricky.....we are not a yard sale - the lowest price is $2 - so make sure it's worth at least $2 or group like things together to get a $2 value!
If you price it too low, it will sell quickly but you will not make a lot on the item and neither will Hanging Rack…
If you price it too high, it will not sell and no one makes any money!
So how do you decided what to sell it for?
The general rule of thumb is based on 2 things:
1) the magic number seems to be 1/3 of retail with some exceptions for New with Tags, and larger toys like Little Tikes, etc.
2) ask yourself, "what would I pay for that at a consignment store?" What would make me pick it up and buy it without hesitation? If you would buy it at that price, so would another mom!
In conclusion, be fair...to YOU and the SHOPPER! It will be a WIN/WIN for all. You will have it out of the house, make a little money and the shopper will have found a good deal! If it is priced right, it WILL sell! Guaranteed! Things that are left on Sunday as usually either over priced or not marked 1/2 off or were just not acceptable to begin with and slipped through inspections -it does happen
Our shoppers do want bargains but they are also willing to pay a reasonable price for items as well!
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