5 Savvy Tips for Consigning Your Clothes and Making Bank
Are you looking to declutter your closet and earn some extra cash in the process? Consigning your clothes is a great way to do that. Consignment stores specialize in selling gently used clothing, and they can be a great option for selling items you no longer wear. Here are five savvy tips to help you maximize your earnings when consigning your clothes.
1. Choose the Right Consignment Store
Not all consignment stores are created equal. Do some research to find the right store for your clothing. Look at their brand offerings, customer base, and policies. Some stores may cater to a certain demographic or specialize in certain types of clothing. Choosing a store that is a good match for your clothes will increase the likelihood of them selling and earning you the most money.
2. Know What Sells
The key to successful consignment is knowing what sells. Take a look at the store’s inventory or talk with the staff to get an idea of what items are in demand. Generally, designer brands and higher-end clothing will sell better than lower-end brands. Items that are current in style and in good condition are also more likely to sell. Remember, the goal is to sell your clothes, not just unload them.
3. Prepare Your Clothes for Sale
Before bringing your clothes to the consignment store, be sure to prepare them for sale. Make sure they are clean, pressed, and in good condition. Any minor repairs should be made beforehand. Consider having them professionally cleaned for a polished look. Clothes that are well prepared are more likely to catch the eye of potential buyers.
4. Discuss Pricing with the Store
Some consignment stores will set the price for your clothing, while others will allow you to set the price yourself. If you have the option to set the price, do some research to determine a fair price for your items. Look at similar items being sold online or in other stores to get an idea of the going rate. Remember that the store will take a percentage of the sale, so keep that in mind when pricing your items.
5. Check-In Regularly
Once your clothes are accepted for consignment, be sure to check-in with the store regularly to see if they have sold. Most stores have a timeline for how long items will remain on the sales floor before they are returned to the owner or donated. Make sure to follow up with the store before that deadline to retrieve any unsold items.
In conclusion, consigning your clothes can not only help you declutter your closet but also earn you some extra cash. By choosing the right consignment store, knowing what sells, preparing your clothes for sale, discussing pricing with the store, and checking in regularly, you can maximize your earnings and ensure a successful consignment experience.