Monday, July 11, 2011
Christmas: Should you wait to sell?
Looking back at Christmas pictures makes me want it to be cold outside and snowing. In fact, it makes me want to hear a little WHAM! (you know, Last Christmas?! Best song evah!). I love Christmas, but it is a busy time for your friendly Yard Sale Mommy.
Lots of people have asked what should be sold at Christmas time versus anytime. The answer is simple yet complicated all at the same time: everything and nothing.
Here's the thing: EVERYTHING will sell BETTER at Christmas for obvious reasons. Well, at least stuff for kids!! For example, a couple of weeks ago I told you about my Madeline dolls. Right now, they aren't selling too well on ebay. At Christmastime, however, all bets are off. What would bring me $10-$20 today might bring me $20-$40 in six months. Something that you might be able to sell for $75 tomorrow might bring you $150 to $225 in December. Why? People aren't looking for toys in June, they are looking for beach houses. But I can guarantee you, mommies start shopping in September for Christmas presents, and there is a sharp increase in your profits.
PS--Speaking of Madeline, if you ever see this, please buy it. You'll be glad you did. It doesn't sell for much right now, but at Christmas time it is a guaranteed $200-$300! Right now one is listed on Amazon for $588! Your Madeline items (dolls and furniture) will be worth so much more then when people are looking to fill up their $588 dollhouse!
So should you hold everything and wait to sell in the fall/winter? I don't know, do you have a place to store it until then? Do you need money now? Do you want to have it sitting around your house for that long? Are you going to be doing more yard sale shopping, adding to your inventory?
I sell toys all year long because I want to make money, we grow out and get tired of our stuff, and I only have but so many places to keep things. I always look up completed auctions before I sell things, to make sure it is worth my time. If the Weebles Treehouse I found last weekend is only selling for $10 right now, I'm going to wait. Plus, maybe by Christmas, I'll have found the Weebles camper, or castle, or village, plus a bunch of little weebles for it, and I'll sell it in a huge lot for $85.
Does that make sense? Are you getting a clear picture of how I do it?
To review: if I have purchased something that I can't make a profit of at least $10-$20 right now, or if I want to wait to see if I can get a group of that sort of thing together, I'll hold it until later.
Supermodel Linda Evangelista once said she didn't get out of bed for less than 10,000 a day. I always think about that when it comes to listing something. If I'm not going to make a worthwhile profit, I don't list it!