Jan6th
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viagra priceGoodwill Hunting: Finding Inventory for Resell at Thrift Stores
Guest Article by Melissa Smith
Ebay Seller melissakbs
I’m Melissa Smith, a SAHM (Stay At Home Mom) to my 2-year-old daughter, and wife to my husband Tim. I’ve been eBaying since 1998 and selling kid’s clothes for a year. I sell mostly children’s clothes under the ID “melisskbs” and I get 99% of my inventory from Goodwill’s thrift stores. You can see my auctions for yourself here:
Auctions by “melisskbs”
I used to work for Goodwill Industries in the Job Placement Division, and I am one of their most frequent customers! I’ve sold Baby Lulu, Hanna Andersson, Oilily, Kelly’s Kids, Orient Expressed, Lilly Pulitzer, and untold numbers of Gymboree, all purchased from the GW. Even as a kid, I loved hunting for bargains at the thrift stores.
Here’s how you can find great “treasures” and inventory for your auctions at thrift stores such as Goodwill, Salvation Army, and other charity thrift stores.
Let’s Get Started!
First, go often and find out when new merchandise arrives. At my local GW, a truck comes every day from the main donation center warehouse. Also, the stock is rotated every day among the 16 stores in the district so there is always something new to find.
Stores that are in the better sections of town don’t necessarily have the best stuff since the stock is always changing. Every time my husband and I are out of town, we stop at any Goodwill we see along the way. Mondays are generally good for shopping since people have cleaned out their closets over the weekend.
Know The Sales in Advance
Buy your inventory at the cheapest price possible. Even Goodwill has sales! Every Tuesday at my GW is Senior Citizen’s Day where customers age 55 and over get 25% off. That’s more than my employee discount was!
For our family it’s called “Goodwill Day” and my Dad (who gets the discount) and I load up my daughter and hit the GW. Our GW also has 30% off sales around holidays. Plus every time you donate something, you get a 10% discount coupon. Every GW is different, so ask what discounts and sales are coming up.
Knowledge Is Power!
Before you go, know which brands are great sellers. I am a firm believer in “Knowledge Is Power”. There are SO many resources on the internet to make you a smart shopper!
Ebay has a wonderful Clothing & Accessories Board, and is packed with great information. A separate Children’s Clothing Board is also coming soon.
Another recommended reference page is Packzi’s Page, with a list of good brands for reselling, how to measure, size charts, and much more.
I also belong to some Yahoo Groups for children’s clothing, which were mentioned in the 14th issue of Auction Moms - (also mentioned in the 4th issue of HuntedTreasures for Moms Newsletter).
I subscribe to Auction Moms and also AuctionBytes at www.auctionbytes.com.
If you need a line name, www.gymbohaven.com and www.gymboree-lines.com are excellent resources.
www.lululane.com is a site for Baby Lulu items. There is a Lilly Pulitzer thread of messages on the Clothing Board and also a thread for European brands like Oilily, Catimini, Cakewalk, and others.
Another excellent resource is catalogs.
I get high-end clothing catalogs such as Hanna Andersson, Children’s Wear Digest, Kelly’s Kids, Baby Style, and Lilly Pulitzer. I can see what the retail is and how they describe their clothes and if there is a line name, which comes in handy when writing descriptions for the auction.
I also shop at children’s boutiques and see what brands they carry and what they sell for. Here are the links to sign up for these free catalogs:
Hanna Andersson Catalog
Children’s Wear Digest (CWD Kids)
Kelly’s Kids Catalog
BabyStyle Catalog
Lilly Pulitzer Catalog
The Wooden Soldier Catalog (online)
Call 1-800-375-6002 to order a catalog.
The flip side is knowing which brands aren’t really that great as resellers. They may be popular brands, but there is just so much out there. The name of the game is making the most profit from your inventory and I want to get double or better yet triple what I paid for an item.
Generally, the brands you find at the mall from stores that run good sales don’t resell well unless it is a specialty piece, like a holiday velour dress or a nice sweater. Search completed auctions on eBay for common brands and see what sells good and what does not.
Be PICKY about what you buy.
You want to look at an item and say “Wow! Why did someone give this awesome item away?!” instead of “Eww, I can see why someone gave this away!” Look carefully for stains on the front and back, holes/runs, missing buttons, broken zippers, mixed sizes, missing parts like hoods on coats or diaper covers, and names written in permanent ink. If an item is well worn, faded, pilled, or dated (like very vintage Gymboree), I pass on it even if it is a good brand. If I wouldn’t let my daughter wear it, I don’t buy it for resell.
Buy items that will bring in the most money. I always look at the dresses, pajamas, and coats but don’t spend much time looking through the t-shirts or infant play outfits. Jeans are usually well worn, but I look at the pants and leggings.
Buy Off Season, Sell On Season
Another tip is to buy off-season, sell on-season. I’ve been buying smocked Easter dresses and rompers all year long and now I’m selling them like crazy. The same goes with Halloween costumes and holiday clothes. I buy coats and jackets year round and I put these in my store, Just Jackets and Coats.
Selling children’s clothes is a matter of trial and error. What I have learned during this adventure is:
1. Smaller sizes don’t sell as well as larger sizes. I really have to justify buying an item if the size is under 6 months, unless it’s a specialty item, like a smocked dress or romper or a boutique brand, like a Baby Lulu one piece skirted romper.
2. If an item is stained, chances are you can’t get the stain out and it’s been in the clothes dryer and is permanently set in. You can try to get it out, but know what your store’s return policy is if it doesn’t wash out.
3. Speaking of washing, it is eBay’s policy to have all clothes washed before selling, unless they are new with tags.(Sherah’s note: use your judgement here ~ if you buy it used, check it over. If it smells and looks clean, it probably has already been washed.)
4. Items sell better if you put the measurement for length (almost always), sleeve length, and waist (as needed) in the description.
5. Think twice about buying a piece that needs a matching item to make a set. I have a pair of Gymboree Apple Blossom leggings that I’m still hunting down a matching shirt for.
6. Other items besides children’s clothes sell well. I always buy Brownie/Girl Scout items when I see them. I’ve had good luck with maternity/nursing pajamas, plus-size maternity items, tall sizes in men and women’s clothes, cashmere sweaters, and maternity bathing suits.
7. Some sellers on the Clothing Board have had good luck with nurse’s uniforms/scrubs, dance wear, and plus size clothing. If you want to branch out and sell other items besides kid’s clothes, do your research and go for it!
8. If you see an item you want, buy it! Chances are if you wait until later, it will be gone. Don’t hide things in other racks, someone else will find it and buy it. I’ve found and bought many treasures hidden in the maternity or sleepwear rack!
Some of my best and most profitable finds have been:
~ A Hanna Andersson dress purchased for $.99 and sold for $20.50. That’s almost 21 times what I paid for it!
~ A pair of Hanna Andersson pajamas purchased for $1.87 and sold for $18.49.
~ A Lilly Pulitzer dress purchased for $2.24 and sold within hours as a Buy It Now for $25.
~ Two Orient Expressed smocked sundresses, purchased for $2.25 each and sold within hours as a Buy It Now for $26 each.
~ A Carolina Panthers coat purchased for $4.99 and sold for $43.00. A vintage cashmere coat with mink collar, purchased for $5.99 and sold for $50.
As you become more savvy in shopping at thrift stores, you learn to spot the good brands. I can look at a rack of dresses and pick out the Gymboree or Hanna Andersson ones. My shopping trips are much shorter now since I know what to look for and what to pass on, which is great when I have my 2 year old with me. Happy treasure hunting!
Guest Article by Melissa Smith
Ebay Seller melissakbs
Save $5 on your MyToyGuide subscription by using this coupon before January 11, midnight PST.
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Dec15th
Posted by admin at 10:32 AM. Filed under: General Selling
Wow… I feel like a little kid in a candy store!
A few weeks ago a friend of mine asked if I had heard about a giveaway that was looking to be very good. I have seen these types of things before and, frankly, didn’t want to waste my time browsing through a bunch of ‘gifts’ that didn’t have good content. Another friend of mine mentioned it to me today and suggested I take a peek – so I did. Wow! Seriously… I am blown away by the content that is literally just being given away.
[If you want to check it out before reading anymore… here is the link: http://www.jennihunt.com/recommends/christmas07.htm]
This guy, Santa Sal, has gotten some incredible experts to offer their products in Santa Sal’s Christmas give-away… and these products look really good. I’m busy downloading a bunch of them right now. I can’t share what the products are… but, I will say that most focus on internet marketing but there are few that are directly related (besides, if you think internet marketing has nothing to do with eBay – I have to respectfully disagree and recommend you take another peak). Don’t be fooled into thinking that if you are an eBay seller than internet marketing isn’t for you. Let me caution you with this kind of thinking. I know plenty of sellers who are happy with their little (or big) eBay business… buying, photographing, listing, shipping… you know the drill. But, let me encourage you to consider the value of building multiple revenue streams. In other words, don’t put all your eggs in one basket (ie., the ‘eBay basket). You can learn to
This little (little is an extreme understatement, believe me!) Christmas give-away is filled with tools and resources that teach basic and advanced techniques and strategies for building a successful business. It is worth checking out… and I bet you’ll be blown away just as much as me by the amazing gifts Santa Sal is giving away – and all for nada… zip… zilch! Seriously!
http://www.jennihunt.com/recommends/christmas07.htm
Nov1st
Posted by admin at 10:32 AM. Filed under: Uncategorized, General Selling
The 2007 Holiday Toy Guide has launched - and the weekly updates begin later this week… that means - to get the most for your money, you’ll have to act now! Learn more about the Holiday Toy Guide and how to make money this holiday season. www.holidaytoyguide.com
Oct18th
Posted by admin at 10:32 AM. Filed under: Uncategorized
It’s HERE!
The Holiday Toy Guide is better than ever this year… with a GOLD level membership that gives access to the latest and greatest info regarding toys for this holiday season.
Check it out here: www.holidaytoyguide.com
Enjoy!
Sep29th
Posted by admin at 10:32 AM. Filed under: Uncategorized
The popular Holiday Toy Guide is coming… due to be released on October 17th - You can get the latest scoop and be one of the first to know it is available by signing up here: www.holidaytoyguide.com.
Sep10th
Posted by admin at 10:32 AM. Filed under: Hot Toys, Inventory
There is some talk about whether or not the recent recalls will affect toy sales this year. Although I’ll cover this in more depth as we get closer to the holidays… here are some quick thoughts…
- Parents are still going to be buying toys for Christmas – they may steer away from toys that are made in China… but toys are still going to be a very hot seller.
- There will be less supply – and less supply means higher demand. Some toys may be more difficult to come by because there will be a higher demand for them – however, it just means higher profits for eBay sellers.
What do you think?
Sep2nd
Posted by admin at 10:32 AM. Filed under: Uncategorized
Amazon is placing restrictions on sellers of popular toys this holiday season. Effective September 19, 2007, Amazon.com will not be accepting new sellers to sell within the Toys & Games category. They will be requiring weekly check-ins to prove that sellers are meeting the requirements. You can find out all about the restrictions and learn more here:
http://www.auctionbytes.com/cab/abn/y07/m08/i20/s02
May19th
Posted by admin at 10:32 AM. Filed under: Uncategorized, Inventory
I wanted to tell you about Ebates, a shopping site that gives you up to 25% Cash Back every time you shop online. You can shop at over 800 stores including Barnes & Noble.com, Gap, Target, Buy.com and Expedia. Plus you get additional savings with exclusive coupons, free shipping offers, and limited-time sales!
This is SO cool - in fact, a friend of mine just showed me a copy of their paypal receipt for the payment from eBates… get this - $795.51!
Sign up with Ebates today and we’ll each get a $5 bonus when you make your first purchase!
Click here to sign up:
http://www.jennihunt.com/recommends/ebates.html
Happy shopping!
Jenni
May11th
Posted by admin at 10:32 AM. Filed under: General Selling
Summer is coming - and this can mean slower sales for some eBay sellers. Most items, in fact, have their high and low seasons… and some low selling seasons can last up to 6 months out of the year! This is bad news if you count on your eBay income year round.
Toys are one of the few items that sell well the entire year on eBay. The trick is knowing what toys will sell for profit. I always turn to eBay to find out…
One of the best ways to know what toys are selling on eBay is RESEARCH! But, let’s get real… you are busy taking pictures, getting those auctions listed and shipping items…
Who has time to research?
And to make it even more difficult, to *really* be able to know what is selling well, this research must be done on an ongoing basis. Spending a week researching hot toys is great - but, the results of that research can’t always be applied next month. Ebay is constantly changing… and although toys are always great items to sell for profit, it isn’t always the same toys that bring in the dough.
MyToyGuide is offering a summer package that will provide you with a list of 25 top selling toys from 5 toy categories… a weekly list of at least 25 items that are currently doing well on eBay. These aren’t predictions either - This list will be actual auctions of toys that are currently doing well for that week.
Here is what one of the MyToyGuide subscribers has to say,
”Hi Jenni, I wanted to tell you thanks so much for this list!! I sent my hubby to Safeway to find the Eintsein Puppets [for $1.50 ea] that you alerted us to. He only found two there, but also found a book on the Indian Motorcycle,paid $2.50 and we sold on ebay for $47.50. Then we journeyed to the other Safeway across town and picked up 5 complete sets of the Einstein puppets. We didn’t do as well with those, but they all sold for around $30.00 a set!
I have paid for my list subscription over and over, Keep up the great work!
Debbie W.”
A steal at $29.97, you can have this information available to you immediately. Not only that - but, you get your hands on the weekly list for 4 full months!
But wait… there’s more
Here is what is included in the MyToyGuide Summer Package for 2007:
- 4 months of access to the MyToyGuide members site ($40 value) including…
- Weekly hot list of at least 25 toys that are currently selling well on eBay
- Access to my personal inventory resource list, articles, specials and more
- 4 months access to the Online Toy Reference Guide ($30 value) –An online directory providing information for hundreds of toys.
- 25 FREE item or seller searches with eSellerStreet (valued at $.35 each)
This summer package is valued at over $70 – but, for a short time, you can save over 50% and get your hands on it for only $29.97. On May 21st at midnight, this offer will no longer be available. You will still be able to sign up for the toy guide – but, the bonuses and discount will no longer be available.
Click here to get immediate access and start receiving your weekly toy hot lists
Or learn more here:
www.mytoyguide.com/summer
Mar28th
Posted by admin at 10:32 AM. Filed under: Uncategorized
I am a HUGE fan of Jim Cockrum… and if you know him - you know he never produces junk.
In fact, Jim’s ebook, the Silent Sales Machine is a must have for any eBay seller who is interested in taking their eBay business to the next level… it is the book that inspired me to move beyond eBay. I highly recommend it!
Well - Jim has FINALLY put together a membership site that is absolutely amazing! The resources available are unmatched on any other site… you have to take a look:
www.my-silent-team.com
Once you are over there - pop in the forum and say hi… I’m one of Jim’s experts on the site and will be visiting frequently.
Enjoy!
Jenni