In Nashville, the consignment season begins in mid-February and runs through April for spring/summer clothing; fall/winter sales begin in mid-July and run through September. I’m not exaggerating when I say that I could probably find a consignment sale to either sell in or shop at within a 50 mile radius of my house most every weekend of each season. (To find a consignment sale in your area, visit Kids’ Consignment Sales.)
Consignment sales offer many perks:
- Sellers can get rid of stuff and make some money, often slightly higher than what they’d net at a garage sale.
- Sellers get early dibs (and sometimes first dibs) on shopping.
- Sellers can sell without the hassle and expense of setting up, advertising, and working a garage sale at their home.
- Sellers can simply indicate “donate” on unsold items and they never have to touch them again.
- Shoppers get great deals on gently used children’s items, which they can often turn around and sell again.
- Shoppers can support fellow moms and women entrepreneurs who own and run the sales, as well as their fellow consignors.
I am a seasoned consignor and consignment sale shopper. I have participated in numerous sales, mostly as a member of my parents of multiples club.
But this season, I’ve decided to consign with another local consignment “franchise,” which is the largest in our area. The fee is $10; the profit is 70%. If anyone is going to make money with minimal effort (and I’m really focusing here on best use of my time—return on investment), it will be at this sale. I really want to see if consigning is worth the time for me to sell.
When most people consider “looking in their houses” for money-making opportunities, they automatically think about selling stuff they no longer need.
Well, I’m going to test that theory and post my data here. I’ll log how many hours I work preparing for the sale, money spent for supplies, number of items I put into the sale, how much (if any) I spend at the sale, my consignor’s fee, and of course, my earnings when it’s all over.
Stay tuned during February to see how I do with the consignment sale!
Do you sell and/or shop in consignment sales?
Do you consider them “worth it” in terms of time spent?
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