It’s no secret that having a child costs a lot of money: According to the USDA’s most recent estimates, annual costs for housing, food, and schooling average almost $13,000 per child. Many child-related expenses continue to rise as children grow older.
As a new parent, you’ll most certainly be showered with beautiful little baby dresses, and friends and family may be willing to pass along bags of clothing. You may have purchased too much gorgeous clothing while pregnant, and your child’s room will be overflowing with pieces that will only be used once or twice until they no longer feel excited or fit in them.
What are you going to do with all those unworn clothes and slightly used gear? Selling them is usually an excellent alternative! You may clean out your overstuffed baby room while also earning some money. Here’s how to sell used baby items like a pro:
Consignment shops are notorious for being picky as to what they accept. They are not interested in ripped or stained garments o other stuff. They also refuse to accept broken or recalled merchandise. Give all of your baby stuff a quick wash and address any suspect items with a spot treatment. Make sure your clothes are wrinkle-free and hang well on the hanger. Replace any batteries and wipe down any toys as well before selling.
In general, you should price your things between 50% and 70% less than the selling value. If you bought a $20 item for your child, it should be priced between $6 and $10. Everyday designs and brands from Cherokee and Carters are commonly priced between $2 and $3. Brand-name clothes, such as Baby Gap, Guess, and Gymboree, can be more expensive. You should still keep the pricing low, therefore don’t charge more than $5 for an item unless it’s a special jacket, dress, or entire ensemble.
The penultimate day of the consignment sale will be a half-off day. This is your last opportunity to make money and get rid of your baby belongings. If you wish to sell your things, mark them down to half price. Parents on a tight budget frequently wait until the last day of a sale, knowing that this is the greatest time to obtain a good deal.
Group similar things together to sell them for a better price and more quickly. For example, not many people will want to spend $2 on a onesie. Customers will, however, be interested in purchasing a $5 set of five onesies. You can also combine books or small toys that are similar together.
You can sell practically everything at a secondhand sale ranging from filter media for aquarium to your bedroom set, electronics, and even your oldest quality jewelry safe by a well-known safe manufacturer. But only if the pricing is appropriate and the item is desirable.
But in the case of baby products and maternity apparel, they are the most difficult to sell. Expect to get less for your newborn clothing or fundamental baby necessities, such as bathtubs and the best strollers for newborns because these sales are congested with baby clothes and items.
Toys will sell swiftly if the sale falls right before Christmas. The majority of customers plan ahead for Christmas and are willing to pay a little more for good, lightly used toys.
Shopping yard sales many weeks before the used items sale for products you can simply flip is one approach to optimize your profit. You’re hunting for profitable apparel, books, and toys to offer at the garage sale.
Toys, for example, can be purchased at yard sales for about $1 each and subsequently sold for $5 to $7 each, according to their original worth. This strategy won’t bring you a lot of money, but it could get you around $3 per item.
Another alternative is to hold your own yard sale or participate in a communal yard sale.
Local churches and community organizations frequently hold large consignment sales for children. They’re similar to flea markets and are frequently held in the church’s meeting hall.
If you have enough items to have a yard sale on your own, this might be the best option. It saves you the effort of lugging your baby clothing around, and you can even throw in other unwanted home things.
A weekend consignment sale is a good method to get rid of your baby and children’s belongings quickly. Larger things, such as strollers or baby furniture, can usually be sold for more money on Craigslist or one of the popular competitors. Using a syndicated sale to sell these larger items, on the other hand, is faster and offers you to try and deal with difficult purchasers directly.