If you are looking to earn a little bit of extra cash and clear out your house at the same time, a garage sale is perfect. But setting up your garage sale and making good money from it is harder than you might think. Luckily, we've put together a list of simple techniques you can use to increase your earnings.
The first step is to clear out your home and garage and gather everything that you want to sell. Next, you need to sort through everything and categorize it. This will help you make sure that each item gets the right price, and it will make it easier to organize the items so people can browse and find what they want quickly.
Price Your Items
Once you have everything separated and organized, you can start pricing your items. Remember that even though something has sentimental value to you, that doesn’t necessarily mean that it’s worth a lot of money. Be objective and avoid overpricing things because people go to garage sales for a bargain.
Search online for similar items and see what they cost new. As a general rule, price things at half or a third of what they would cost new or you will struggle to make any sales. Make sure that the prices are displayed clearly for people when they are browsing.
Grouping together items and selling them as a bundle is a simple way to get rid of things quickly. People tend to view bundles as a bigger bargain, even if they are not saving that much money.
On the day, you should always be prepared to haggle over price. It’s good practice to price things so you have a bit of room for movement. Set the price slightly higher and then let people haggle you down. They’ll think they’ve got a great price and you end up getting what you originally wanted for the item.
Advertise Your Garage Sale
Flyers are inexpensive and easy to distribute, so they’re a great way to advertise your garage sale, but don't forget about social media. Post your garage sale on Facebook, Twitter or Instagram so that people in the local area know about it. You can use local community pages to reach a lot of people in your neighborhood at once. Local papers can also be a good place to promote your garage sale.
On the day, just get a few big signs with arrows on to point people in the right direction and pick up more foot traffic.
Set Up On The Day
When the day of your garage sale finally arrives, you need to get started early and set everything up. Making sure that things are well presented is important, so make sure that you have one of the best kept garages in Champaign, IL and everything is displayed nicely before you open the garage doors and welcome your first customers. Clean any items that are covered in dust and grime, and arrange things based on category for easy browsing. Put your best items front and center so people can see them as they walk by.
Make sure that you have plenty of change to give customers and keep prices simple to avoid complicated transactions. Finally, consider safety and keep the doors locked. After all, you’re inviting a lot of strangers onto your lawn.
As long as you follow these simple steps, you can have a successful garage sale and earn a lot of extra cash while getting rid of some old junk at the same time.