ArtsAutosBooksBusinessEducationEntertainmentFamilyFashionFoodGamesGenderHealthHolidaysHomeHubPagesPersonal FinancePetsPoliticsReligionSportsTechnologyTravel
  • »
  • Personal Finance»
  • Income & Making Money

Make and Take Money at Seasonal Consignment Sales for Children

Updated on April 15, 2017
Source

What is a Seasonal Consignment Sale?

I had heard of people shopping at these these huge children's clothing sales many years ago, but I didn't really realize what they really were all about until one came to my town. These consignment sales are a way for people to sell the clothes, shoes, toys, etc their children have outgrown in big week-long sale. These sales offer much higher profits than at a traditional consignment shops or yard sales. They offer 70% to the consignor compared to the 50% at most traditional consignment shops. After all your preparatory work, you can drop off your items and just pick up your check at the end of the sale! No getting up at 5 am, sitting out all day and haggling over quarters for yard sales!

Most sales do charge some kind of small fee for participating such as a $10-15 fee for processing or per 150 items consigned. Even with this small fee the profits from the sale can be substantial!

What Does "Seasonal" Mean?

Seasonal consignment sales are usually right before spring and fall. The seasonal part of the sale means that the sale will not take items that are not appropriate for the upcoming season. For example, smocked Christmas dresses and heavy winter coats will not be accepted in summer, or swim suits and Easter baskets in winter.

How and What to Consign?

Many of these sales offer online registration where you then get your consignor number. Once you are registered, you will go to work cleaning, ironing, tagging and hanging your items for the sale. The sale in my area allows clothes and shoes according to season from newborn to juniors sizes as well as toys, baby equipment, books, electronics, to name just a few. Every sale varies. Some sales may have clothing limits, such as only 15 clothing items for size 0-6 months. These sales also have rules about branding and quality of the items (no holes or stains). Many of these sales also accept maternity clothes. Your items will most likely be inspected when you drop them off, and items that do not meet the criteria will be rejected.

Preparation of Items

Most sales will have very specific rules about how to hang your clothes on the hanger and where to place your tag on the items. These rule are in place in order to avoid lost tags and disorganization of the sale. For example, the sale that I participate in bi-annually requires all clothing items are hung in such a way that the hangers all face a certain direction. Safety pins are required to fasten tags to clothing and sometimes clothing to hangers. Shoes are to be placed in ziploc-style bags and packing tape used to affix tags on bags. Tags are required to be printed or written on cardstock.

Tagging

Sales require you to tag your item in order for them to credit you for the items you sell. The consignment sale may provide printable templates for you to print and cut out to use. You will write information such as you item number, item description and pricing on the tag. I found that some sales will allow registered consignors to print barcoded tags as a method of tracking the sales. The tag is placed on the items according to the sale's specific procedures. The process of tagging your items will take much longer than you anticipate! Be sure to start preparing and tagging your items a month or two in advance of the sale.

Pricing

Most consignment sales recommend pricing your item at 1/4 to 1/3 of the original value according to quality and condition of items. In most cases, even a item that is brand new in the box will not sell for the original price. Each sale has its own pricing rules. Prices are usually required to be in $.50 or $1.00 increments. For your best chance at success at the seasonal consignment sale, don't price too high! In that case, you might end up taking a lot of your things back home and no one wants to do that! Since most sales have bargain days on the closing days of the sale, there is usually a code to mark you tag accordingly if you do not want your items to be sold for a discount price. In addition, if you would be willing to sell your item at the 25% off price but not at 50% off you may designate the item this way by coding it properly.

Work/Shop Early Option

Most sales also have an option for consignors to volunteer to work pre-determined shifts. For these volunteer hours, the volunteers get to shop earlier than the general public for the best selection and bargains. I have found working the sale to be very rewarding from the bargain aspect and also a lot of fun!

Do you know of a Seasonal Children's Consignment Sale in your area?

See results

The Sale

The sale usually goes on about a week. There are a few days set aside for workers to shop early. Some sales have a special early sale for new or expectant mothers and grandmothers. The public then has several days to shop. Usually the last 2 days are bargain days and with one day being 25% off and one day being 50% off.

Money, Money, Money

Sales vary in their methods of pay out. Some even have the option of seeing your profits online daily. Some pay you the day the sale is done. They may have you pick up your check when you come to pick up your unsold items. You may get your check in the mail in 1-2 weeks. Any of these ways still add up to a very fast turn around of profits for you! I know sellers that have made over $1000 at one consignment sale! I only sell a moderate amount of items (100-150) which are primarily clothes and shoes, but I usually make $200-$300 per sale myself. This is much more than I have ever managed to make on clothing or toy sales at a yard sale!

Parting Thoughts/Tips

I have found these sales to be an excellent motivator for me to clean out closets and declutter!

I have also found I can cover my child's entire seasonal wardrobe including dressy clothes, jackets and shoes for a few hundred dollars!

The consignment sale in my town donates any leftover items that consignors do not pick up to a local orphanage. So you get the benefit of earning a nice profit and giving back!

One save if you make an error in price judgment is the discount day. If you have significantly overpriced your item, it might still sell on the 25% or 50% off discount days.

My local sale also allows for people to consign furniture even if not child-related.

Start Your Own Business!

Check to see if there are any seasonal children's consignment sales in your area. If not, this would be a great small business to start! The ladies that started the consignment sale in my area used to attend a lot of sales themselves. They saw there was nothing like a consignment sale in our town and decided to start one!

You work hard about 2 months of the year for what would be a yearly salary according to my calculations. Say you have 500 consignors....they each average $200 in sales....that is $100,000 and your 30% is $30,000 for 1 of the 2 sales a year. The sale in my area now has over 1000 consignors on average!

This might be a small business you could start relatively easily with HUGE rewards! You even have a built in system for free labor with the volunteers! In today's tough economy, people are looking to SAVE money and MAKE money. Seasonal children's consignment sales are a winning ticket with both options!

Consignment Sale Business - Potential Profits

# of consignors
Average consignor sales ($)
Overall Sales ($)
Business Profit ($)
500
200
100,000
30,000
1000
300
300,000
90,000

Comments

    0 of 8192 characters used
    Post Comment

    • profile image

      LisaKeating 3 years ago

      We did have a consignment shop open for about 2 months and said they were closing until next year. Maybe it was the same type of thing. Thanks for the information.

    • rudra007 profile image

      Veenoo 3 years ago from India

      Yes certainly this is a good idea. Thanks

    working

    This website uses cookies

    As a user in the EEA, your approval is needed on a few things. To provide a better website experience, hubpages.com uses cookies (and other similar technologies) and may collect, process, and share personal data. Please choose which areas of our service you consent to our doing so.

    For more information on managing or withdrawing consents and how we handle data, visit our Privacy Policy at: "https://hubpages.com/privacy-policy#gdpr"

    Show Details
    Necessary
    HubPages Device IDThis is used to identify particular browsers or devices when the access the service, and is used for security reasons.
    LoginThis is necessary to sign in to the HubPages Service.
    Google RecaptchaThis is used to prevent bots and spam. (Privacy Policy)
    AkismetThis is used to detect comment spam. (Privacy Policy)
    HubPages Google AnalyticsThis is used to provide data on traffic to our website, all personally identifyable data is anonymized. (Privacy Policy)
    HubPages Traffic PixelThis is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.
    Amazon Web ServicesThis is a cloud services platform that we used to host our service. (Privacy Policy)
    CloudflareThis is a cloud CDN service that we use to efficiently deliver files required for our service to operate such as javascript, cascading style sheets, images, and videos. (Privacy Policy)
    Google Hosted LibrariesJavascript software libraries such as jQuery are loaded at endpoints on the googleapis.com or gstatic.com domains, for performance and efficiency reasons. (Privacy Policy)
    Features
    Google Custom SearchThis is feature allows you to search the site. (Privacy Policy)
    Google MapsSome articles have Google Maps embedded in them. (Privacy Policy)
    Google ChartsThis is used to display charts and graphs on articles and the author center. (Privacy Policy)
    Google AdSense Host APIThis service allows you to sign up for or associate a Google AdSense account with HubPages, so that you can earn money from ads on your articles. No data is shared unless you engage with this feature. (Privacy Policy)
    Google YouTubeSome articles have YouTube videos embedded in them. (Privacy Policy)
    VimeoSome articles have Vimeo videos embedded in them. (Privacy Policy)
    PaypalThis is used for a registered author who enrolls in the HubPages Earnings program and requests to be paid via PayPal. No data is shared with Paypal unless you engage with this feature. (Privacy Policy)
    Facebook LoginYou can use this to streamline signing up for, or signing in to your Hubpages account. No data is shared with Facebook unless you engage with this feature. (Privacy Policy)
    MavenThis supports the Maven widget and search functionality. (Privacy Policy)
    Marketing
    Google AdSenseThis is an ad network. (Privacy Policy)
    Google DoubleClickGoogle provides ad serving technology and runs an ad network. (Privacy Policy)
    Index ExchangeThis is an ad network. (Privacy Policy)
    SovrnThis is an ad network. (Privacy Policy)
    Facebook AdsThis is an ad network. (Privacy Policy)
    Amazon Unified Ad MarketplaceThis is an ad network. (Privacy Policy)
    AppNexusThis is an ad network. (Privacy Policy)
    OpenxThis is an ad network. (Privacy Policy)
    Rubicon ProjectThis is an ad network. (Privacy Policy)
    TripleLiftThis is an ad network. (Privacy Policy)
    Say MediaWe partner with Say Media to deliver ad campaigns on our sites. (Privacy Policy)
    Remarketing PixelsWe may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.
    Conversion Tracking PixelsWe may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.
    Statistics
    Author Google AnalyticsThis is used to provide traffic data and reports to the authors of articles on the HubPages Service. (Privacy Policy)
    ComscoreComScore is a media measurement and analytics company providing marketing data and analytics to enterprises, media and advertising agencies, and publishers. Non-consent will result in ComScore only processing obfuscated personal data. (Privacy Policy)
    Amazon Tracking PixelSome articles display amazon products as part of the Amazon Affiliate program, this pixel provides traffic statistics for those products (Privacy Policy)