Monday, May 2, 2011

Annual Yard Sale (not an epic fail, but not far from it)

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.

 An Eddie Bauer Travel System in near perfect condition drew a lot of people asking me "how much", but no sale.  I looked on Craigslist and most systems are being sold for $80-$100, my asking price was $85 and I paid well over $200 for it. Was this to pricey?   Several Leap frog toys priced between $2-$4, name brand clothes and lots of household items.


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. 

32 comments:

  1. Would love to have you on our Shaklee team!! :) I love Shaklee!!!

    ReplyDelete
  2. Hey, thanks for stopping by my blog! I'm so sorry your sale didn't go as planned. I will tell you that one thing that helped me was that I teamed together with several friends and so we had a big list to advertise. We did craigslist, grslr, and several local email exchanges and that seemed to help.

    Don't give up! It could have just been an off day. I bet you could try again another time...maybe at someone else's house even? Someone who lives on a more main road is going to host in 2 weeks and I'm going to her house with everything I didn't sell!

    ReplyDelete
  3. Thanks for stopping in yesterday! I so know what you mean. Garage sales are a lot of work. We have a neighborhood one each year and they are usually quite successful. However, this past year no one was buying anything. Once again just asking the price. I sold some items, but not enough to make it worth the time. So, I decided to find a local consignment store to sell the home decor and furniture items we recently needed to get rid of and ALL sold for great prices. I'm going this route from now on.

    ReplyDelete
  4. Bummer about the sale. I did one a few years back and probably won't do it again. I think that for big items, it's easier/better to sell on Craigs List or other sites, and the small stuff usually doesn't bring in enough to be worth it for me. But I could change my mind.

    I love that dress you sold. It's so cute.

    ReplyDelete
  5. Thanks for stopping by our blog! We're having a garage sale this week-end. I'm dreading it. My husband is the one that wants to have it, weird right??

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