I love going to the regular consignment sale events in our community. I can’t help it – I love a deal! And I’m not above putting my kids in well-kept used clothes. Or myself either, for that matter. This year was the first time I got to attend a consignment sale as a seller and I was so excited! I have waited for this day since my oldest daughter was born. And then? What a letdown.
Why I won’t be selling at a consignment sale again
I have an announcement everyone – I’m pregnant with baby #3! Woohoo. My husband and I, and, our daughters, are overjoyed. It was a huge decision for us, which you might know about from my previous post on having another baby when you feel like a failure as a mother. We decided that three was the magic number for us, even though it’s going to be hard. We’re ready for it!
With our first two, we didn’t find out if they were a boy or a girl until they were born. It is really so special not to know and to find out when they come out crying – it’s magical. BUT for our third and final baby (yes, final), we wanted to know as soon as we could if the baby was going to be a boy or a girl. We decided to take an early blood test to determine the sex. We were so happy to find out this one is going to be a boy!
And the first thing I did after that, was take out all the old baby clothes and start going through them, because not only did I want to have enough for our new baby already on hand but I knew I could take the rest of the items to a consignment sale to make money for more needed clothing! We had a ton of yellow and green baby clothes, which is great, but we also had a TON of pink. I started getting ready for my first consignment sale just about the day after we found out we were having a boy.
It’s a good thing I started about 3 to 4 weeks before the consignment sale because it took that long to get everything ready. And that is reason #1 why I won’t be doing this again – I don’t have a lot of time as a woman who works outside the home, blogs, and has two small children. I barely have time to get dinner on the table and the laundry done. Getting all the consignment sale clothes ready was just too much for my already over-loaded schedule.
The steps I took to get ready for the sale:
- Went through about 10-12 bins of old baby and kids clothes
- Organized the stuff we would keep for the new baby and the stuff that would go to the sale
- Removed all the stained and damaged clothing from the sale pile
- Washed and hung everything that I would be selling
- Went to multiple stores, multiple times to get all the specific supplies I needed to tag and hang the clothes
- Inventoried the clothing for size and brand and wrote it all in a notebook
- Entered the information for the tags into the consignment sale system
- Printed the tags
- Pinned the tags to the clothes
- Hauled 5 bins of clothing to the consignment sale location and waited over an hour to be processed
- Walked away and waited for the money to be deposited into my Paypal account
It was so much more work than I expected when I started the process. But as I learned everything I would need to do and how long everything was taking – I was already halfway through and I felt compelled to finish. And, like I said, I have been waiting for this day for 3 and a half years. So I was determined to finish.
The next biggest reason why I won’t be doing this again is that I spent a lot of money on supplies. I actually tried not to add it all up because it was so depressing, but when I think back, it was, at least, $40 in supplies. That was not an expense I expected. I was selling these old clothes to MAKE money, not SPEND money on supplies.
Supplies I spent money on:
- 4 packages of ziploc bags – $4
- 10-12 packages of 6 kid hangers – $10-12
- Tons of safety pins – $9
- Heavy weight paper for the tags – $16
I think the cost of supplies for the consignment sale was my biggest disappointment. I had saved some old hangers, but not nearly enough. Same with safety pins – and they are a lot more expensive than I realized. The paper was the worst – I needed maybe 20-30 pages and I had to buy a whole ream of the specific weight paper for this sale.
When I added up all the prices of the items I was selling, it was over $400. That sounds exciting! But the consignment company takes a 30% fee, which lowered the amount significantly. And I knew I couldn’t expect to sell everything. At the end of the sale, I sold about 1/3 of my items and took home about $120. Which, after the cost of supplies and all the time and energy I spent working on it, doesn’t make it worth it to me to try again later.
However, if it sounds like something you want to try, I did write about how you can make more money selling at consignment sales using what I learned from my sale. Hopefully your experience with a consignment sale will go much better financially than mine did!
What do you think? Have you had any luck selling at consignment sales?
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