Wednesday, September 23, 2009

Kids Consignor Beginner

I am attempting to sell items in my first kids consignment. Those of you who have never done this, might be surprised at all of the work that is involved!

I've had to invest in saftey pins, wire hangers, and cardstock of a certain weight to get started. Aside from that, you have to organize all the clothing by size and age and enter it into a database to print your own barcodes. There are specifications about how clothes are to be hung on the hangers, how many shoes you can contribute, and the lowest price allowed for an item. All of this is needed to organize for the sale, and I totally get that. The hardest part has been....the laundering, and hanging, and saftey pinning of all of the clothes that I want to sell. Everything that is contributed to the sale has to pass under a blue light inspection for stains, so half of my clothes didn't qualify to begin with and now I guess I'm glad! Those that did passs my inspection took me the entire day to prepare.

I can get a generated profit amount from looking at all of my items in the database. I will only earn a percentage of the profits, let's say it's 70 percent. If this is true, and ALL of my items sell at full price, then I will take away around 190 dollars. If they sell at only half price, well, 80 bucks.

I think it's going to work out to me making about a dollar an hour after I finish tagging, hauling, and volunteering. I hope I get quicker at this, and start at least making minimum wage!

All in all, I'm glad I've taken on this new venture. I'm glad for the experience, and I like that I am being green and hopefully will be able to buy my own kids their next sets of clothes for great prices as well. Volunteering at the sale will allow me to shop early at 1/2 price! :)

No comments:

Post a Comment