I discovered consignment shops about five years ago. Many small affluent towns have consignment shops that offer gently-used clothing and accessories for sale. The clothing is sold at the shop for the individuals who wish to sell them.
Here is how it works: Find a consignment shop in a high traffic area. That could be a popular local strip more or a shop on a main street in a downtown area. If you can’t find one, use a search engine to find a shop in your area. Go to the shop and check it out. Look at the merchandise to assess if they offer clothing that no one wants or stuff that people would not mind buying used. If you find that the merchandise passes up against your standards, then inquire about putting your clothes for sale in the store.
Most consignment shops are busy, so you may have to make an appointment to have the shop look at your items. If they are a particular about the merchandise they accept, don’t be surprised if you walk out the store with some of your stuff. Like department stores, consignment shops try to be seasonal. So, if you go in with a bag full of summer clothes during the winter, your clothes will be turned down. Be sure to plan your clothing sales accordingly.
Some consignment shops take up to 40% off the sale of your clothing. That may sound steep, but think about how much you might make if you were to GIVE the clothes away. If you think from that perspective, you are definitely better off selling the clothes through a consignment shop (unless you donate them for a tax deduction).
Be patient! Your items may not sell right away. The type of merchandise that is most popular at consignment shops is gently-used designer clothing and accessories. If you have designer bags that were once popular and you don’t really like them anymore, you can definitely unload them at a consignment shop.
Many people go to consignment shops looking for wedding dresses and accessories. If you are no longer sentimental about your wedding wears or you happen to be the bridesmaid queen for your friends, try selling your surplus at a consignment shop. Remember your unattractive gently-used bridesmaid dress, could be someone’s new fabulous holiday party dress.
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Posted by Shakira Brown - Gift Guide Editor at 1/31/2008 07:37:00 PM
Labels: saving money, shopping tips
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