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"Become a Garage Sale Pricing
Genius!"
Garage Sale and Yard Sale Strategies That
Work!
One of the most difficult decisions in hosting your garage sale
is deciding about garage sale pricing. You wish to make a
profit, but you don't want to scare customers away by asking
too much. So how do you decide a fair price? Here are some
garage sale pricing tips from How to Turn Your Garage Sale Into
a Money Machine.
Bargains Rule (Sort of a Pun!)
Remember that people go to garage sales to find bargains. Put
yourself in your customer's shoes and consider if your yard
sale pricing is a bargain or not. You must offer bargains! So
what is a bargain? A bargain is a price that is substantially
less than the item's real value. Much advice is available about
the psychology of selling and using the amazing formula.
New and Un-used Items
Many people discount new items 25 to 35 percent at the start of
a garage sale. This is a fair way to start. That means if you
paid 100.00 dollars for it, you start out with a price of
$75.00 or $65.00. You can be flexible on this, but be prepared
to make adjustments in your price as the sale progresses. The
bottom line is to sell the item, right? If you get no interest,
simply drop the price, especially if you start out near the
"what's it worth" price. Yard sale pricing is not an exact
science and sometimes you will use your intuition to arrive at
the right price. Remain flexible for garage sale pricing
success.
How Much Is It Worth Syndrome
An item is only worth what someone is willing to pay you for
that item. Forget what the item is selling for in the store.
The reality of a garage sale is that no one wants to pay you
what something is worth. They want to pay you as little as
possible! If you are obsessed with getting the true value of
what something is worth, maybe you shouldn't be having a garage
sale in the first place. No one wants to pay what it is worth!
If you have a really neat item, maybe you should try another
option such as Ebay. If you have never done Ebay,no problem,
here is how you can become an Ebay Auction Commando
Antiques
People are always looking for antiques and other valuble
collectibles at garage sales. They hope that you under-estimate
the value of these items and price them at a bargain.
If you know something is an antique or a highly sought after
collectible, you can charge a good price and still make it a
bargain for the buyer. You are not selling this item as an
antique shop, and you shouldn't expect to receive antique shop
prices! If you price like an antique store or any store,you
will chase buyers away. Deals and bargains. That's what garage
sale pricing is all about. You can become your own success
story in garage sales and end up as a chapter in, you guessed
it, How to achieve Success Stories
Yard Sale Pricing I Have Seen
One garage sale tip and yard sale tip is to visit other sales
to see how they are pricing thier items.
Dollar Tables
These items were all priced for one dollar!
- wine glasses - kitchen utensils - small pots - creamers -
sugar bowles - plates - cups and saucers - baking tins - yoyo -
children's books - small frames - balls - salt and pepper
shakers - children's coloring books - ice fishing tip ups -
collecting cards - playing cards - knives - candle stick -
candles - fishing lures - jewelry odds and ends - board games -
ladles and serving spoons - sterling plate serving dishes
Rationale
The above items were a great bargain. Some of these items
started out at a higher price but were not selling,so they were
moved to the dollar table. The siver plated serving dishes were
really beautiful but in need of polishing. According to this
garage sale host, not many people were interested in siver
plate at any price. There is one thing that can get as much
attention as a dollar table and that is the FREE TABLE. Learn
to turn the word free into gold.
A Selling Guru
Some of my garage sale ideas actually came from a guy famous
for his internet best seller called "Car Secrets." Garage Sale
Pricing and Yard Sale Pricing are similar to the pricing in a
car lot. The right prices will get customers to look,stop, and
buy. There is one man well known for success at selling. He is
called the copy expert
You don't need to be in a quandary about garage sale
pricing! Here is a guide that will make garage sale pricing not
only easy, but strategies that result in more sales!
by John Lundgren -
Back
to Top
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Joun lundgren is a garage sale hound who hunts down the best
garage sales to find the best treasures. He then sells most of
these items at his own garage sale or on Ebay for a nifty
profit.
Source: http://www.garagesalebonanza.com
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