Monthly Consignment Update

Thrift Spending:

April 14th – $15
April 24th – $20

Total purchases: $35

Consignment Income:

April 1 through 10th – $206
April 11 through 17th – $195
April 18 through 24th – $349
April 25 through 30th – $94

Total income: $844

Number of items consigned: 105

Consignment Income $844 – Spending $35 = Month End Balance $809


What I have learned recently is that it does pay to save off season thrifted items to consign. A lot of our clients are of the mindset “I’m clearing out, I want it gone now!” Which is fair and understandable. However, it is summer and you are trying to “get rid of” your very nice winter wears, you could simply throw them all into a Rubbermaid bin to store until the proper season and make some cash! When you do consign right (based on the store) you can make a great supplement income with minimal effort involved.

Even a return of $2 on an item is $2 more than you had before. The better the item, the faster it sells, the greater the return value. Some items I can get $18 for, some I get $2… it is a gamble but like I said, its more than you had just throwing it away. Now having said that, sometimes things don’t sell at all and you have to donate it anyway. Nothing lost!

 

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