Other Pricing Consderations
Seasons
It’s as simple as this: If you’re having your garage sale in the spring you can ask higher prices for summer items. If you are having your garage sale in autumn, your winter things will be in demand so you can ask slightly higher prices.
Popularity
If you have any popular or collectable items that you know will get snatched up quickly, mark them high. Again, do the research first to get a reasonable price for the item. Serious collectors are shrewd and, well, cheap. However, they will often buy no matter the price if they really want the item (after haggling, of course).
Tricks O’ The Trade
Use the Magic Mark-down Method
For example, let’s say you want $5 for a waffle iron. Mark it at $10, then draw a line through the price and write $5 next to that. It’s simple and effective.
Your shoppers will think they are getting a bargain (which they are). Walmart does it (“We’re Rolling Back Prices”), and you can too! I would do this only on your higher priced items, but you’re running the show, so experiment.
Reduce Your Prices Each Day
Day one: Regular price
Day two: 50% off
Last day: Everything $1.00 unless otherwise marked.
A friend of mine had paper bags ready on the last day and put a sign out that read:
“All you can fit in the bag for $5”.
Now, let’s get to it! (table of contents is immediately below)
NOTE: If you prefer to download the ebook, just follow this link. You will be redirected to the Gumroad website . . . and, it’s “pay what you want.”
Garage Sale Pricing Guide
Online Version
To read the online version, follow the links below to each section of the book. Or return to the main Garage Sale Pricing Guide page here.
Introduction
Step 1: Getting Started!
Step 2: Getting Organized!
Step 3: Start Pricing!
Other Pricing Considerations (You Are Here)
Tricks O’ the Trade (. . . and Here)
The Benefits of Having a Garage Sale
Step 4 (the last step at last): What to do With What’s Leftover
In Conclusion