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HOW TO MAKE $5,OOO A MONTH OR MORE WITH GARAGE SALES
In this day and age, everyone seemingly knows how to put together and hold a garage sale. Yet if this is so, why is it that some people are lucky to gross $150 while others consistently make $1,500 or more from their garage sales. Pick almost any city or town in the country; drive through any middle class neighborhood or residential area on any weekend. You're sure to spot at least a half dozen garage sales. And what's being sold at these garage sales? The accumulated "junk" that a lot of people no longer use or want taking up space in or around their homes. Is it hard to hold a profitable garage sale? Not in the least! All it really takes is some of your time, and an awareness of a few merchandising tactics. But to be really profitable, you must know how, and exercise careful planning. First, let's look at some of the background. Everyone accumulates items that other people are searching for, and are willing to buy. These items range from discarded or outgrown items of clothing to furniture, tools, knick-knacks, books, pictures and toys. Start by taking an inventory of all the things you have "just taking up space" around your home. Decide which items you'd be better off getting rid of, and make a list of these things. These are the things you are going to put up for sale. And if you are honest about what you really want and need, the pile will grow if you look over your house hold a second and third time! Remember that many garage sale offerings are items of merchandise purchased on impulse, and later found to be no t what the buyer wanted. It is the human condition: We discover too late that we don't like or have use for things purchased; we "outgrow" in size or taste articles that once fit, or pleased us. You'll find that many items offered at garage sales are gifts that have been given to the seller, but not really suited to the recipient. In other words, it will be to your benefit, before you stage your first garage sale, to take a week or so to browse through all the garage sales you can find. Related Sites The problem is, most people just don't have the time or
energy to gather up all the items taking up space around their homes and
staging a garage sale to get rid of them. Believe it or not, many people
really don't know how to stage a garage sale; and a lot of people feel that putting on a garage sale is just too
much bother and work. This is where you enter the picture. Your enterprise
will be an ongoing garage sale of items donated and collected from those
people who lack the initiative to put on garage sales of their own. In other
words, you can become a "liquidator of people's junk," via super
garage sales that you promote. We've already suggested that you spend a few weeks
visiting the garage sales, swap meets and flea markets in your area. Your
purpose will be to see what is being offered for sale; what the people in your
area are buying, and how the merchandise is being sold. One of the things to
notice is how the merchandise is displayed. You'll also want to notice how the
sellers handle customer browsing, and the prices they charge for the
merchandise offered. You'll find most items tagged with a price sticker, but
generally the seller is open to either price negotiation or a reasonable offer
made by the customer. Begin your enterprise by cleaning out your own attic,
closets and basement or garage. Talk with your relatives and friends; tell
them what you're doing, and ask for donations (or at least consignments) of
unwanted items. It's here that you'll get your first experience in
negotiating, and you'll usually get enthusiastic cooperation. You'll find
people explaining that they really don't have a use for a specific item, don't
want to keep on storing it, but for sentimental or other reasons, they have
just hung on to it. Once you have a little bit of experience, you'll be able
to advertise in the newspaper that you purchase garage sale items, or take
them on consignment for a percentage of the final sale price. It's best that the wife or woman of the house handle the
garage sale itself - that is, let a woman be the one who greets the potential
customers, shows them around, and generally engages them in conversation. If
it's a woman staging the garage sale, then arrangements should be made for a
second one to "mind the store" while she's out digging up more items
for display and sale. And if you are running a really big sale, a second or
third per son can be very useful in selling, and just generally keeping an eye
on things. The advertising angle is really quite simple, and
shouldn't cost you very much, either. Check area newspapers, and select the
one that carries the most ads for garage sales. You shouldn't concern yourself
too much with competition from other ads. People who go to garage sales either go to all of them they can
locate, or else only to those within a 3-to-5 mile radius of their homes. You should run a small classified ad in the newspaper of
your choice for about three days in advance, and up through the day of your
sale. Once you're operating on a full-time, every-day-of-the-week schedule,
you'll want to change your ad schedule and the style of your advertising. But in getting started, stay
with small classified ads simply announcing the fact that you're holding a
garage sale, emphasizing that you've got everything from A to Z - something of
interest to everyone. Such an ad might read: BIG GARAGE SALE! Hundreds of interesting items. Through Saturday, July 16th. (address) To get ideas on how to write your ad, check your
newspapers for a week or two. Cut out all the garage sale ads you can find.
Paste them up onto a piece of paper - then with a bit of critical analysis,
you will be able to determine how to write a good ad of your own from
identifying the good and bad features of the ads you've collected. Keep in
mind that the bigger and better your sale, the bigger and better your
"getting started" ads should be. Always remember that in order to
increase your profits in any business, you must increase rather than decrease
your advertising. At the bottom line, you'll find that the greatest single
reason for a garage sale failing to turn a profit is the lack of promotion and
advertising used to publicize it. You should also have an old-fashioned "sandwich
board" type sign to display in front of your house when your garage sale
is open for business. The purpose of course, is to call attention to the fact
that you're holding a garage sale and are open for business. This will pull in
your neighbors, if you haven't already informed them, and attract people
driving by. Sandwich boards are also sometimes set out at key traffic
intersections not far from the site of the garage sale. These will attract
attention, and point the way. However, check your local ordinances to be sure
that this sort of advertising is permitted. Another "sign idea" practiced by a few really
sharp operators is the old "Burma Shave" type roadside pointers.
Here, you simply make up a few cute sayings (verse or one-liners), write them
on pieces of cardboard, tack them onto the power poles at about 200 yard
intervals on the thoroughfare leading to your garage sale, and you're sure to
create a lot of traffic for yourself. People are amused by, and drawn to
people who do something a little different, unusual and creative in promoting
a sale of any kind. To come up with some cute verses, simply visit your
public library and check out a book on limericks. Adapt the ones that you feel
are most humorous, and start making signs. Again, a word of caution before you
get too deeply involved: Be sure to check your local ordinance before you start nailing signs to
power poles. By all means, search out and use all the free bulletin
boards in your area. It's better, and usually much more profitable to take the
time to make up an attention grabbing circular you can post on these bulletin
boards, than just to use a scribbled 3 by 5 card announcement. Pick up some -transfer lettering;" go through your
newspapers and old magazines for interesting illustrations, graphics and
pictures; then with a little bit of imagination and flamboyancy, make up an 8
1/2 by 11 poster announcement of your sale. When you have it pasted up take it to any quick print shop and
have them print up 50 or 100 for you. Your cost for this small print order
should be well under ten dollars. Related Sites If you make this circular/poster up with versatility and
long-time usage in mind, you can use it over and over again simply by pasting
on a new date. In case you feel "left-out" when we talk of
"pasting-up" things, this simply means pasting a piece of paper onto
the overall page you're putting together. Say you have made up your circular with a date of
Wednesday, May 1st, and want to change it to read Thursday, July 16th. Rather
than do the entire thing over, simply write out a new date with your transfer
letters on a separate sheet of paper, cut this out to fit in the space
occupied by the old date, and paste the new date over the old date. The
artwork master is now up to date; the printer does the rest. Incidentally,
this is precisely what is meant in mail order and other dealership offers
where they furnish you with the basic advertising/promotional material and
advise you to "paste over" their name/address with your own. For paste or glue, drop by just about any stationery
store and pick up a tube of "glue stick." This is a small tube of
paste, about the size of a tube of lipstick, generally sold for less than one
dollar per tube. The tube glue stick works much better than regular glue or
paste, and is not as messy as rubber cement. Your signs have to be effective, but you have to
remember to keep them simple. Don't try to cut corners on your signs. Signs
announcing and pointing the way to your garage sale should be placed at each
intersection within a one mile radius of your sale location. If it takes 50 signs, then make 50 signs. The
important thing is to let people know that you're holding a garage sale. Signs can be made simply by cutting and using the sides
of cardboard boxes, and writing on them with a heavy felt tip marking pen.
Make it easy for your signs to be seen, and for people to read what's on them.
About all you really need is great big block letters reading "GARAGE
SALE," with the street address, and an arrow pointing in that direction.
Don't think for a minute that people are going to stop and read a lot of
"stuff" you've written on your sign when they are driving by; you
just want them to see your sign and proceed in the direction necessary to
reach the location of the sale. They'll be moving by your sign too fast to see
or read anything else you may have written. The ads you place, the bulletin board announcements you
post, and the signs you put up will bring many people to your garage sale
location. A lot of people will drive by slowly and just look, but most will
stop to browse around. But you still have to contend with the huge number of
people who just drive by without stopping. So, let's talk about the
"inside secrets" of drawing people into your sale, and the
merchandising gimmicks that will result in the maximum number of sales for
you. You must call attention to your sale. Don't be shy,
bashful or self-conscious about let ting everybody for miles around know that
you're having a garage sale. If you could afford to get the Goodyear Blimp to
"hover" over your garage sale, then by all means, you should do it! Some sharp operators do the next best thing. They rent
miniature blimps, send them up above the housetops, and tether them there on
their sale days. Of course, this giant balloon or miniature blimp has some
sort of sign on the side of it, inviting people to your garage sale. This is one of the strongest available advertising ideas
for pulling traffic to a sale of any kind. For more details, write
Pie-In-The-Sky Company, PO Box 5267, San Mateo, CA 94402, or explore to see if
there is a local outlet for this kind of advertising merchandise for rent. You have to give your sale some flair. Put some posts up
across the front of your property and run some twisted crepe paper between
them - or better than crepe paper, run brightly colored ribbons. Invest in
some colorful pennants and fly them from temporary flag poles. And don't
forget the balloons! Make your garage sale a fun kind of event, with clusters
of balloons anchored to your display tables and racks. Be sure to
"float" them well above the heads of your customers as they're
browsing through your merchandise displays. Cover your display tables with colorful cloths. Don't
hesitate to use bright colors and busy patterns. Regardless of what you sell,
effective display (packaging the event) is still absolutely essential to your
success. The secret to outstanding garage sale profits is in
having the widest or largest selection of merchandise. And part of the process
is taking great care in displaying and labeling your merchandise. You cannot simply dump items haphazardly on a table, sit
down, and expect to realize great profits. The people doing the most business
and holding the most sales are the ones with interesting displays, action and
color. Have as wide a selection of colors as possible in your
clothing racks, and mix them for "rainbow" effect. Make sure that
your jewelry items shine and sparkle. Arrange them in and on jewelry boxes,
jewelry ladders and other items sold for the purpose of showing off jewelry
while keeping it neatly organized. Some people have even gone so far as
hooking up battery operated lazy susans and arranging their jewelry on these.
Having the jewelry slowly turn on the lazy susan will not only
catch the eye, it will catch the light, making an attractive display even more
attractive because it sparkles and gleams. Think about it, and then study the methods of display
used by the "rack jobbers" in the stores in your area. These are
wire racks that usually hold card packaged items. Such a rack or kind of
display would lend itself beautifully for anchoring a cluster of balloons.
Keep these things in mind, and build your individual displays as part of the
whole. Make it pleasing to the eye as well as convenient for your customers to
browse through and select the items that appeal to them or catch their fancy. At many garage sales, some of the merchandise
(particularly the clothing) is dirty. Notice this when you visit other
people's garage sales, and then take it upon yourself to make sure that every
item - positively everything you show - is clean and sparkling bright. A bar
of soap, a bucket of water, and a few old rags will do wonders for shop tools,
garden equipment and bicycles. The same goes for furniture polish on old
furniture, and a run through the washing machine for all washable clothing. It is advisable to determine a price for each item
before you set it out for display. Then mark that price on a price tag, and
attach a price tag to each item. Your prices should also always be rounded off
to more or less even numbers such as: $.25, $.50, $1, $1.50, $2 and so on. In other words, don't ask for $.35,
$.95, or $1.98, or any of that sort of pricing. Almost needless to say, you
should always mark everything up by 100% of more. In other words, if you have
acquired a particular item for $l, set a price of $2, or more on it. It's also a good idea to mark up your
asking price from the bottom-line price you're willing to accept. Basically,
the price marked on the price tag at most garage sales is taken as the
starting price fro m which the buyer and seller negotiate. Most garage sale
promoters price their cheaper items at the bottom line price they will accept,
and don't deviate from those prices as shown on the price tag. Then on the
more expensive items - $2 and over - they mark up their asking prices by 20 to
40 percent and use that margin for negotiating with the customer. If you're a little bit shy relative to personal selling,
here are a few "inside" secrets that will give you an edge: Always
radiate an attitude of friendliness, regardless of the circumstances or your first impression of the potential
buyer. Always smile and say hello in a voice loud enough to be heard. Speak to
everyone stopping or dropping by your sale location. Be helpful, but allow the
people to browse on their own until they specifically ask you for help. When
you're "keeping an eye on your merchandise," be as unobtrusive as
possible; no one likes to feel he is being watched too closely. Whenever a
customer appears to have made a selection and asks you what you'll take for
it, or what kind of a deal you'll make for it, be ready to enter into
"friendly negotiations." Before you open, of course, you will have done your
homework and know the value of each item of merchandise you have for sale.
Don't ever take a customer's "claimed" value of an item. By the same
token, don't listen to a seller, when you're buying items for your sale, when
he claims that he's offering you an antique or price less treasure. Sometimes
(rarely enough) you'll be able to pick up fantastic treasures for virtually
nothing; so by knowing your merchandise, you'll not let "the flag that
Betsy Ross made" slip through your fingers for a song. Be sure to have
all possibly really valuable items appraised by authentic dealers. These
people are listed in the yellow pages of your telephone directory. Some of the "extras" that contribute to the
success of a garage sale include: Plenty of change, because without proper
change, you'll lose a great many sales. A tape measure, because you'll find
people often want to know the exact dimensions of some thing (especially
furniture) in order to fit it into a certain space they have in mind. Long
extension cord and electrical outlet, because your customers will want to
"plug in" and try out the mixers, vacuum cleaners, hand tools, or
other electrical appliances. Back for a moment to drawing in those
"cruisers" who aren't quite sure they want to park their cars and
come browse: Look for some kind of interesting or unusual item to call
attention to your sale - something you can set up or park in front of your
home during your sale. Some of the displays we've seen along these lines
include a horse-drawn surrey; a restored Model T; an old farm plow. Anything
of an unusual or interesting nature will do the trick for you. One couple we
know put up a display using a manikin dressed in an old-time farm bonnet, long
dress and apron. This display depicted a farm woman of old, washing clothes
with a scrub board and two steel wash tubs. It's not hard to believe, this
display really drew the crowds, and crowds always mean sales! Go wherever your imagination takes you; you have to be
different and distinctive. You'll get lost in the hundreds of garage sales
going on all around you if your sales look like the next half dozen. If you'll take the time to employ a bit of imagination,
and set your sales up with the kind of flair we've been talking about, you
will not only draw the crowds; you'll be the one reaping the most profits. As you think of beginning this garage sale business,
remember this: It's almost a compulsion with some women to go shopping - to
search for interesting, and sometimes rare and valuable items. This fact alone
will keep you as busy as you ever want to be, staging and promoting garage sales. The market is so
vast, and the appetite so varied, that anything from a brass bedstead to a
used diary of someone's long-forgotten grandmother will sell, and sell fast,
at garage sales. Put it all together, use a little imagination, and you'll
succeed in a very interesting, challenging endeavor! Home
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