I love saving money and also making money, especially when its doing something that I enjoy. Last year I was introduced to a side hustle that I absolutely L O V E! So, are you ready to see how I made $1,847.00 last year doing a side hustle? Okay, it was children’s consignment sales! Not to be confused with consigning your items at a consignment store. Consignment sales are kind of like a pop-up store, the sales usually last 3 or 4 days, they sell your pre-owned or new items for you, you pick them up when the sale is over or donate the left over items to charity. Each consignment sale company usually has 2 or 3 sales a year.
There are different consignment sales, not only kids sales. I only have experience with the children’s sales, but there are sales for men, women, juniors, household decor and sales for the entire family. Now, they do take some time and effort to prepare for. Most places do have a guideline on how they want your items to be presented and what they will accept. For example, one sale that I do has you pin your clothing to a wire coat hanger so that it doesn’t fall off the hanger and get lost or trampled. You must follow their guidelines or they may not accept your items. They have a program on their website that allows you to create a sales tag for each item. A couple days before the sale they have drop off days. You take your items in, they inspect them for holes, stains, fading, make sure things have all the pieces, make sure the items are clean, etc. Then, someone puts your items on the floor in the appropriate place to be sold. You make 70% of everything you sell, they make 30%. If you want to make more on your clothes you can volunteer to help for a few hours and make 5-10% more. You can keep track of your sales by logging in to their site, so you will know exactly what you are making.
Once I successfully completed my first sale, needless to say I was hooked! It was so exciting getting that first check in my hands for $575. That’s vacation money, Christmas fund, food for the month, car payment, anything! My favorite company to consign with does 3 sales a year: Spring/Summer, Back to School and Fall/Winter. I consign with them over any other sale. If they are not doing a sale I will go with other companies. Some are good and some not so good. You will learn which ones make you the most money and stick with them.
These sales are also great to shop as well.
Here is a breakdown of the numbers from each sale:
Sale 1: $575 (Favorite sale)
Sale 2: $150 (I didn’t have as many items at this sale. It was this companies first sale, so I was pleased)
Sale 3: $250 (This sale I do when my preferred sale is not going on, it’s my second choice)
Sale 4: $647 (Favorite sale)
Sale 5: $225 (Second choice sale)
Grand Total $1,847.00!
I think that’s pretty awesome considering it was mostly clothing, some baby items, books and toys. A N D my upstairs is looking a lot better with a bunch of stuff out of there!
Have you ever done a consignment sale? What do you think about them?