Make Money Selling Used Clothing Online
Selling clothes is one of the most competitive means of earning money. Regardless of how saturated the industry, there is still a window of opportunity. If you’re planning to sell used clothing or you’re selling and no one is buying, I hope this article will be informative and helpful in getting you started, and make improvements that can increase your sales.
Over two years ago, I began selling used clothing on Ebay. At first sales were very low, and It didn’t take long to realize that repeated re-listings would make no difference. I had to make some changes or just quit. As a result, I turned my attention to other people’s auctions, taking note of what was selling; type of merchandise, picture details, description, tracking duration of auction in correlation to the number of bids, the sale price, and the even listing price. To my surprise, specific brands of clothing were the hot sellers, and overwhelmingly teenage brand of clothing. The fact is: we are living in a trillion-dollar brand oriented society, fueled by teenagers fixated with certain brands because of style, trend and popularity. Whether or not your merchandise is new, of good quality, stylish or looks beautiful, that is not enough to draw or engage buyers. As a matter of fact, those factors alone do not sell clothes anymore. The demand is for specific brands, coupled with trend and popularity. Yes, you can make money selling used clothing online, but not any brand will do, specific brands will draw buyers to view your listings and convert those views into sales.
Where to Find Used Name Brand Clothing
The best places to find these brands inexpensively are yard and church sales, flea markets, auctions, pound, outlet, and thrift stores. Pound store heads the list as my favorite, because of the wide array of brand name items available for pennies on the dollar (these stores are few). Yard sales are promising because sellers are usually eager to get rid of their loot for cheap, particularly clothes. Some of the best garage sales to attend are those in the mid to upper class neighborhoods. Another place to frequent is auctions where the focus is generally on high-end merchandise; such as: furniture, cars, electronics, and jewelry. These places will auction off clothing for dirt cheap, moreover, people usually do not attend auctions to buy clothes. Flea markets are another favorite, where t-shirts and other items sell for 0.50 -$1. Another source is buying lots inexpensively on Ebay and then sell them separately on Ebay. Prior to doing so, check out the buyer’s feedback and read the description carefully. In addition, email the seller with specific questions.
Price: Buying and Selling
Always be conscious of price, bearing in mind that your goal is profit. With regards to Salvation Army and Goodwill, getting the right price can only be obtained at their auctions or outlet. Both of these non for profit organizations have zoomed in on the opportunity to make as much as they possibly can by updating their stores and significantly increase prices. To some degree, the same could be said of most thrift stores, gone are the days when thrift stores were the places to buy merchandise in abundance for resale, however, on rare occasions you will find items that are worth reselling.
If Ebay or Amazon is your choice, make sure your prices are within reason for the type of buyers your merchandise will attract. Don’t get hung up on your price simply because of brand and retail cost. Bear in mind that people who shop online for used clothes are looking for bargains. I often flinch when I come across used items in the thrift stores that are over-priced; items going for more than the original price, and with a few more dollars, you can buy the same or similar item at TJMaxx or Macy’s. Sometime these items hang on the racks month after month until someone who has no clue buys it, or it becomes a dust collector. Do a quick search on Ebay and you will see many items with the word overpriced (not literally), and of course no bids, or a seller listing the same used item over and over. At the same time, the implication is not that all your merchandise will sell or sell the first or second time around, so get creative, group those items and list as a mixed lot; even a slight price reduction could do the trick
One of the disadvantages of buying used clothes is that items seemingly in good condition sometimes are not. Regardless of how proficient one is at examining before purchasing, there will always be oversights when it comes to flaws or blemishes, so a word of caution is: before handing over your money re-examine carefully, this will prevent you from buying damaged items or at least keep the number minimal.
Selling is another aspect which goes hand in hand with condition. Buyers expect to received their merchandise as described. Moreover, your standard of good or excellent condition should always agree with the buyers’ When those expectation agree, your business will not only gain a reputation for selling brand name clothing, but also one that is a trusted source for providing great clothing. Remember, condition will make or break a sale.
There are two methods I use when listing, I list in lots or singularly. I find that some items listed singularly can yield tremendous returns, while others grouped and listed in lots will do better. Make sure your pictures and descriptions are clear. Cover all points and answer specific questions buyers are known to ask, such as: measurement and fabric, in doing so, questions will be answered, and email communication will be minimal. Listing price and shipping cost are two very important aspects if underestimated can steal your profits. Make sure your listing price includes your profit margin, and your shipping cost is correct. If you do not have an Ebay store, Ebay charges a percentage of the final sale price and shipping cost, so remember to cover those fees as well.
Here’s a list of some of the brands that have brought me the most money: you should consider these:
- Ed Hardy
- Abercrombie & Fitch
- True Religion
- For All Mankind
- Dooney & Bourke
- Louis Vuitton
- Victoria Secret
- Armani Exchange
While brand is of utmost importance, knowledge of trend and style is equally important, otherwise you will end up with outdated items that are of little or no interest to anyone. On the other hand, there are items though from another period, stands the test of time and is in great demand. For example an old Louis Vuitton or Chanel item; now
classified as vintage or antique, and there a many more. Learn as much as you can about these brands. Read and look through magazines, teenagers will give you a lot of information about popular brands, parents of teens will tell you what their children are crazy about, talk to people who are in the business, and educate yourself visually.