|Updated: 7/06/2012 4:16 pm
||Published: 7/05/2012 4:08 pm
How to turn clutter into cash
How do you know what to sell?
• Is it clean? No matter how much a mom needs a stroller or high chair, she’s not going to buy a filthy one! OR, she’s going to buy the one sitting next to it that is cleaner. A little elbow grease will help you get the price you want on your items.
• Is it complete? Be sure all the parts are there, put it in the original box if possible, provide the instruction manual if available and make sure there are working batteries so the shopper can test a toy.
• Is it in Style? If you are selling clothing items, make sure they style is still current
You can sell items all year round but the following items sell best in season:
Large outdoor playhouse, outdoor toys and swim items.
Electronics, backpacks, lunch boxes, jeans, hoodies.
Clothing should be seasonal, in good condition with no rips or tears -we carefully inspect every item- and not out –of-date, clean and smelling fresh
Capri pants, shoes, books and bikes.
How often should you sell?
- Selling twice a year is a smart choice.
o Your time has soft costs associated with it
o If you only have two concentrated times when you put out your effort to making money on your unwanted items, you actually make more money this way.
How to make money
- If you want to make the most money at a consignment sales event you should set a goal to tag at least 100 items.
o You will mark your 10 most expensive items first and then your middle items.
o Because you are not working several hours to actually sell your items (the consignment sale does that for you), like you would at a garage sale, your time is based on the marking of the items and dropping them off at the sale.
o Place a timer at your computer and set a goal to mark 50 items in an hour, which you can do with our automated tagging system
Here is how it breaks down
- Tag and prep 100 items in 3 hours
- Average price is $7.00 an item – totaling $350.00
- If I sell ½ then I had sold $175.00
- If your sale has a consignor fee of $10 and pays you 70% on your items, then you made a total of $112.50.
- To find out my hourly pay, I will divide my check of $112.50 by the 3 hours of time it took me. I made $37.50 an hour.
Many of our consignors make much more than that, especially if they sell a few large ticket items.
What: JBF Tulsa Back to School Event
When: Sunday, Aug. 19 - 1 p.m. – 7 p.m.
Monday, Aug. 20 – 9 a.m. – 7 p.m.
Tuesday, Aug. 21 – 9 a.m. – 7 p.m.
Wednesday, Aug. 22 – 9 a.m. 7 p.m.
Thursday, Aug. 23 - 9 a.m. – 7 p.m. – 25 percent off sale!
Friday, Aug. 24 – 9 a.m. – 7 p.m. – 25 percent off sale!
Saturday, Aug. 25 9 a.m. – 5 p.m. – 50 percent off sale!
Where: Exchange Center Building on Expo Square at the Tulsa Fairgrounds (21st and Yale)
Admission: $10 Sunday only
About Just Between Friends Tulsa
In 1997, Just Between Friends began in a living room in Tulsa, Okla. when Daven Tackett, a mother of two young daughters, and her friend Shannon Wilburn, a young mother of two, hosted a one-of-a-kind sale, they invited 17 friends from church to be consignors. Promoted in their neighborhoods with hand-painted signs, the gross sales of the first JBF Tulsa reached approximately $2,000. Many were impressed by what they perceived as a very unique “garage sale.” That’s when the idea caught on and started growing. Each season, a new, larger event was held going from a friend’s three car garage to now the Exchange Center Building at Expo Square featuring more than 50,000 square feet of children’s clothes and merchandise. In 2003, Tackett and Wilburn formed the franchise system, and began developing and selling franchises.
The Tulsa franchise is now celebrating its 15th year in the Tulsa community. JBF Tulsa is the largest franchise in the U.S. with more than 1,500 local families selling their items. Just Between Friends has received national attention on several national television shows including ABC News, Good Morning America, CNN, Headline News, Inside Edition and CNBC’s The Big Idea. JBF has also been featured in The Seattle Times, St. Louis Post Dispatch, Sacramento Bee, LA Times, Daily Oklahoman and The Tulsa World as well popular websites www.sheknows.com and Disney website www.family.com and broadcast outlets in dozens of cities across the country including Dallas, Houston, Minneapolis, Denver and Seattle.
In 2011, Daven and Paul became sole owners of the JBF Tulsa franchise.