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 neighbourhood or residential area on any weekend. You're sure to spot at least 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 proof it able, 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 used 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.
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.