The Price is Right: A primer for pricing

One of the most frequent questions we receive from first-time and experienced consignors alike is how to price items. For anyone who has ever consigned, it is one of the trickiest parts of the job. Price too high, it doesn’t sell. Price too low, it sells, but you make no money on the deal. Have no fear, we are here to help!

Price clothing to sell!
Our friends at consignmentmommies.com created this handy dandy cheat sheet for pricing clothing. It’s a great primer, so feel free to print it out and stick it up on the fridge. It will surely come in handy!

If you still have questions about how to price certain items, check out the brand or store Websites for the retail baseline. Ebay is also a good source as is the Google’s Shopping Tool.

Another thing to keep in mind when setting a price is the style and condition of the items you wish to sell. If it is no longer in style or you wouldn’t buy it yourself in its present (poor) condition, then probably nobody else will either.

What about the other stuff?
The basic rule of thumb for pricing toys, baby equipment, books, games, and furniture is to price them 30 percent of its retail value. Again, remember the condition, version or age, available/missing parts, and style of the item when pricing it.

 

 

 

 

 

 

 

 

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