Other Pricing Considerations - Garage Sale Pricing Guide

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”.

Remember: Anything you don’t sell has to go back into your garage or your house, or it has to be hauled away to a thrift store. Worse yet, you may have to pay to have it hauled away. When in doubt, refer to Step 1!

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.”