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An Effective Garage Sale

Added on:12/23/2007 3:11:18 AM
In Finance and Investment Tips
 Rated by 1 users

Advertising. Letting people know in advance that you are having a garage sale will get those early birds out and at your sale first thing. Make sure you advertise by listing a few key, anchor items that will draw attention to potential garage sellers. 
 
Use Effective Signs. Especially if you live at the back of a large neighborhood, it will be critical to your sales success to ensure you have enough signs that people can find you. If they can’t find you, they will stop at others along the way, and will likely give up (in disgust) in trying to find your house.  If you live in a community with a homeowners association, be sure to learn the homeowner rules before putting up signs or considering a garage sale in the first place.
 
Pricing. Garage sale items should be priced as inexpensively as possible. Remember that the sentimental value you place on something has nothing to do with the actual value a potential buyer may see. For example, if you paid $20 for a pair of Osh Kosh overalls for your new baby boy, you can expect to receive between 50 cents and a dollar in return, depending on how worn they are. Also, make sure items are well marked, especially if you have a large garage sale. This will help shoppers as they browse through all that you have available.
 
Combine for Effectiveness. If you don’t have many items to sell, ask neighbors and friends if they have things they would like to contribute. The more you have to sell, the more successful your sale will be, as people will stop if they see a perceived value. If there are only a few, small items, they will likely keep going.
 
No Clothes! Baby clothes sell VERY WELL at garage sales, as do baby toys and other baby items. However, adult clothes and shoes tend to not sell well, as adults are more wary of worn out clothing and shoes. Avoid trying to sell adult clothes, and instead, donate to Goodwill, your local women’s/men’s shelter, or AmVets. All are good causes, and your clothes will go to better use than they will at a garage sale. You won’t miss the clothes, and won’t miss the hassle of having to donate them afterward!
 
Allow the Early Birds. If your signage or advertisements say you open at 8am, make sure you are open by 7:30am. Many good shoppers come very early to ensure they get the best buys. Don’t be aggravated by the early birds. They are the professionals—there to spend money.
 
Offer water, pop, lemonade, and baked goods. Shoppers will be weary and bleary going from sale to sale. Any “safe” refreshment you can sell will enhance your sale in their eyes, and will earn more money for you as well. A “refreshment stand” run by kids will win the hearts of most shoppers!


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