Sellers who want more control over how their items are priced opt for a consignment sale, like Just Between Friends or Sweet Repeats in Edmond. Individuals tag their own items and receive 65 percent to 70 percent of the profit after the sale concludes.
At Just Between Friends' fall Oklahoma City sale, 1,250 consignors participated and earned an average of $450 each.
“The families that participate do really well,” said Kathy Winslow, who runs the Just Between Friends sales in Oklahoma City, Norman and Edmond. “There's a little up-front time with supplies and preparation, but once you drop it off, we do the rest.”
She said the weeklong Oklahoma City sale at State Fair Park attracts 8,000 or more shoppers.
Successful consignors bring in clean items that are clearly labeled in original packaging, if possible, and with all the pieces. She said they should price items cheaply, even if there is sentimental value, to increase the odds it will sell. Boutique and name-brand clothing carry a higher return.
Sweet Repeats, a biannual consignment sale at the Edmond Armory, found a niche by accepting only sought-after brands.
“They know what they paid for the item and what it's worth. They like being able to price it accordingly,” she said of the sale's consignors.
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