Yard Sale Success Factor #1 - Location
Location, location, location. It's tough to have a yard sale in a rural area or in an area that is secluded or out of the way. If you advertise primarily through signs at the side of the road, people will need to drive past them and see them to know about your yard sale. This might not happen in a rural area. Likewise, if you advertise in the paper, people might rule out your yard sale as being too far out of the way.
To compensate for having a less-than-ideal location, consider asking a more centrally-located friend or family member if he or she would be interested in having a yard sale with you and use their property, or consider participating in a church or community yard sale. The nice thing about participating in a large group yard sale is that they generally attract more people than individual family yard sales, which can maximize your sales.
Yard Sale Success Factor #2 - Nearby Yard Sales
The importance of nearby yard sales was implied two paragraphs ago, when I mentioned that people might rule out certain yard sales as being too far out of the way. Generally, people that go to yard sales like to make the most of their time and would prefer to go to five or six yard sales that are within walking distance instead of having to drive to five or six separate sales.
To make the most of this yard sale fact, talk to others in your neighborhood and see if you can organize a neighborhood yard sale. You will all be more likely to make a greater amount of money if more people participate. If no one seems interested, again, consider a community yard sale. You don't necessarily have to participate in a community sale, but it could help. If you are centrally located and advertise well, it may not be necessary.
Yard Sale Success Factor #3 - Advertising
People need to know that you're having a yard sale. Otherwise no one will show up. And the earlier that people know about your yard sale, the better. Yard sale goers like to know when there is going to be a sale, what types of items will be there, and where the sale is. They are more likely to attend a sale whose advertisements answer these questions (especially the last one!).
I suggest advertising both with signs at the side of the road and on telephone posts, as well as with a newspaper advertisement. Road signs will attract casual yard sale goers, whereas the newspaper advertisement will attract the more serious bargain hunter. Remember to describe the main categories of items that you will have so that people know what to expect.
Yard Sale Success Factor #4 - Weather
Weather can significantly affect the outcome of a yard sale. For example, good weather can make it more likely that people will attend your yard sale, whereas bad weather can make people less willing to go out at all. You don't have a lot of control over the weather, but you can control how you respond to it.
First, have a plan for how you're going to deal with bad weather. If there are multiple people helping with the yard sale, detail a plan ahead of time for what everyone's job will be if it begins to rain. Second, having a multi-day sale can help with this. If it rains on the only day that you have your sale, you're out of luck. A multi-day sale gives you some wiggle room. Finally, consider participating in an indoor sale later in summer if weather significantly affects your yard sale.
Yard Sale Success Factor #5 - Pricing
Although you are trying to make some money at a yard sale, you aren't trying to make a profit on items that you bought years ago. A used TV priced at $100 is unlikely to attract buyers, whereas a used TV priced at $15 or $20 is likely to find a new owner.
There are no hard and fast rules for pricing items at yard sales, but price things a little lower than you think they're worth. This will ensure that they sell. While you won't make as much money, you will clear your house out more easily and will have to haggle less. Try to price things consistently so that people are not confused by the pricing of your items.
Yard Sale Success Factor #6 - Layout
The layout of a yard sale is important because it dictates people's ability to find things quickly and easily. This can be important if the people that attend your yard sale are parents with small children or people that don't have a lot of time.
In general, place like items with like items and try to put everything in a well-lit area. Dark corners of your garage are not necessarily inviting. Leave enough room between areas of items for people to move around easily. If people can't find an item, see it, or get to it, they aren't going to buy it.
Hopefully the above tips will help you if you decide to have a yard sale this summer. Have any yard sale suggestions of your own? Feel free to leave your thoughts in the form of a comment below. Thank you for reading!
Published by Steven Moneyworth
I am studying Chemistry at the University of Pittsburgh and plan on attending medical school after college. Follow me on Twitter at @acsamzolin. View profile
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2 Comments
Post a Commenthelpful for my project on factors that affect sales. thnx
good tips, I'm having one soon so I'll be able to use some of these tips