Pricing Rules and Guidelines to make a Profit and Sell Items Quickly
Pricing Rules
We only have a couple rules when it comes to pricing your items:
Other than the above rules, the prices of your items are up to you. Here are a few general guidelines on pricing based on experience:
Pricing Rules
We only have a couple rules when it comes to pricing your items:
- Clothing needs to be priced at a minimum of $2.00. If necessary, combine clothes on one hanger to total $2.00, e.g., a top and bottom, three onesies. Non-clothing items have a minimum price requirement of $2.00 also
- You must price your items in $1.00 increments, (ex. $3.00, $4.00, etc.). No other increments will be accepted to ensure speedy check-outs for buyers at the sale.
Other than the above rules, the prices of your items are up to you. Here are a few general guidelines on pricing based on experience:
- In general, the lower you price your items, the more likely they will sell. Take into account the brand, age and condition of the item when you are pricing them.
- Items in great condition generally go for 30-50% of their original retail price—clothing usually goes for slightly less depending on the brand (ex. if you paid $12 for a new dress, a reasonable price would be anywhere from $3.00 - $5.00).
- As you price merchandise, ask yourself: "How much would I be willing to pay for this?"
- Clothing for 0-6 months don't sell well because New Moms will receive plenty of clothing at their Baby Shower. Consider pricing them lower and discounting them on the last sale day.
- Books are a good seller if you price them between $2.00 and $4.00. You can group chapter books together and put them in a Ziploc bag. But be warned that shoppers might open the package to look if there is writing in the book or any missing pages.
- Furniture and equipment prices are usually priced 40-60% of the original price. Toys always sell very well (ex. if you paid $39.00 for a Lego set a good price would be between
- $15.00 and $20.00.
- Take a look at www.consignmentmommies.com they have a nice price guide and great tips on how to sell your items.
- For onesies, sleep'n'plays, sleepsacks, shirts, pants, etc, ... you can hang 3 or more together and price as one item. For example, it can be 4 onesies for $3.00.
- For infant receiving blankets, towels, bibs, socks, etc. ... again, put at least 2-3 together in a large Ziploc bag (to help keep them clean) and tape your price tag to the outside of the bag. Also, tape the top of the bag so no one can open the bag and remove items.