I held my annual yard sale over the weekend and think that I may throw in the towel with holding these sales. I had a lottttt of stuff to get rid of and I would say I only sold 25% of the items. Now before you go thinking "she probably just had some junk to sale" take a look at what I had.
Not one item in this picture sold.
I did sell the birdcage and hanging file, but those brand new pictures for $2 nope not even an offer.
I had Great Signs in Bright Pink with large writing. I didnt put a lot on the sign so people could acutally read it and had arrows directing them. The one thing I guess I should have done was place an add in the paper, but I never check the paper when I yard sale so I assumed that most people don't. Perhaps I assumed wrong you know what they say about assuming.
It wasnt a total lost I made a profit of $79 which sounds okay, but when I consider the time put into getting all this stuff organized and priced not to mention the time for the sell I only made about $7 an hour. I really dont like the sound of that. I was hoping for a profit of at least $200. Do you have successful yard sales?
If I decide to hold another one I will definitely advertise better, but I'm not sure what else I could have done. I really thought my prices were fair. I hauled off a truck full to the GoodWill and I am planning on listing the stroller on Craigslist as well as some of the other baby items. Most of the household items will be taken to a local consignment shop where I can make 40% of the sell (not the best but better than zero).
I am having a lot of luck with my Ebay sells. The last week of April I started selling some more items on Ebay, here are the results.
April Total Ebay Sales $68.48
Clothes Purchased for Sale $5.00 (other clothes sold were my own so I'm not including those in the expenses)
Ebay Fees $9.02
PayPal Fees $3.76
Total Profit $50.76
I probably spent about 3 hours taking pictures and listing items so thats about $17.00 an hour a lot more bang for your buck than my yardsale.
My biggest sale on Ebay was this fantastic Ann Taylor Dress New with Tags that I purchased from the Goodwill for about $5.00
It sold for $39.00, how awesome is that, just the motivation I need to keep on selling. I'd love to be able to start selling the Shaklee products that Erin talks about all the time because unlike Mary Kay which I love and sell you dont have to carry inventory or host parties. She simply blogs about the fantastic products and makes extra money to supplement her income how incredible is that.