How To Make Money By Selling At Kids Consignment Sales

t sounds easy enough. Hang and tag your items for a consignment sale and watch the big fat checks roll in, right? The stories about big fat checks can be legendary, but there is more to it than just hanging and tagging your "stuff" if you want to make serious money by selling at seasonal consignment sales.

First you have to know what sells. Sounds easy enough. I'm selling at a kids consignment sale, so anything for kids should sell right? Not necessarily. You see, there are some things that don't sell well, so it's not worth your trouble to prepare them for the sale. What doesn't sell well? Bedding and room décor to name a few... and then there are all those clothes? What sizes? What brands? What styles? You need to know what sells and what doesn't so you aren't wasting your time or money investing in items that may not resell.

Then you have to know what a good selling point is. Price it too high, it won't sell and you'll bring it all home. Price it too low and you don't make any money. It's not uncommon for new consignors to price their stuff so low that they may get a $300 check, but they also sold 300 items. If you are selling 300 items, you should be receiving a check in the $700-$900 range.

So how do you navigate the delicate balance of what sells and what is a good selling price? Research, research, research! The best way to research is by volunteering. By working the check-in at a seasonal consignment sale, you have lots of opportunity to see how people price their merchandise, and what they are bringing. By working the check-out, you can see what styles and sizes are selling and at what prices. Once you have figured out what sells and how to price, then you are ready to start re-selling.

Have you heard about people receiving $3000-$4000 consignor checks? These are your re-sellers. People who know what sells, how to price and they stock up on lots and lots of inventory. They spend their weekends scouring yard sales, finding deals and turning those deals into extra income. They've turned selling at seasonal sales into an art form.