How to Cash in on Unwanted Items

Written by Century Marketing | April 03, 2017

Warmer weather is near and it’s a great time to hold a yard sale to get extra cash for your unwanted items!

Simple Things To Remember. Simple signs displaying the time, date and place of sale can be distributed. You may also choose to purchase price tags for your items. Be creative when advertising your sale to attract as many buyers as possible. Use social networking to publicize your sale among friends who can help get the word out for you or place a small, inexpensive advertisement in the local paper.

Hold A Community Sale. Ask neighbors if they want to join you. Community yard sales are common and a great way to interact with others in the neighborhood and make money. Treating your customers to fun music and cold refreshments will encourage those who stop by to browse a little longer. It will also entice those passing by to stop and join in on the fun.

Don’t Forget Flea Markets. Most communities have outdoor flea markets, usually each weekend, during the spring and summer months. Vendors are usually required to pay a nominal fee for a space. This fee could be a good investment if the market is well known. It is not unusual for people to drive 100 miles or more to their favorite flea market destination.

Money-Making Tips. Whether you choose a flea market or garage sale, price items accordingly – usually one-quarter or so of the cost when new. Make sure all the items are marked clearly. Popular items sought at garage sales and flea markets include books, electronics, camping gear, and clothes. Children’s apparel and infant items are especially popular with shoppers. Be sure to have plenty of change and keep money safely in your pocket or cash box. Record a log of what you sell and how much each item sells for. This way you can see how much money you make, inspiring you to sell more. You may also be able to clearly see exactly what items you have purchased so you don’t buy them again. If possible, have an electrical source on hand with an extension cord so customers can check appliances. Keep a varied supply of batteries available as well. Tell yourself that nothing comes back in the house. If items don’t sell, simply donate them.

Other Options. Although the go-to’s are usually eBay and Craigslist there are many other online marketplaces to sell your items. Good Housekeeping suggests researching sites like Poshmark.com, Tradesy.com and ThredUp. com to see if they are right for you. RubyLane.com and Etsy.com are also options. In addition, a new alternative gaining in popularity is Bonanza.com.