Ways to Increase Garage Sale Revenue
Top tips to increase your profit at a private sale
Garage & Yard Sales
Come those Spring cleaning days, where you find all that junk you forgot you owned, and you decide to host a sale. Well, traditionally, people fought the weather and other geographical challenges. Then online secondhand sales boomed. Although this may be convenient for some, sometimes you have too much stuff to sell individually. If you are thinking about hosting a sale, then these tips could make it just a little more worth it. To start here are some easy tips and tricks to gain extra revenue at a garage or yard sale.
Construct one or more of these following things;
SIGNS
Please think carefully about placing your signs; always place them before the turn with a long enough distance that a person will decide. Many Garage Sales are passed upon because they saw the sign at the last minute and didn’t turn. Don’t make this mistake — more on the signs further along.
Coin Tosses
You may also want to consider;
- A glass dish for a coin toss
- Horseshoe set up for coin toss
- Bean Bag coin toss
These small, simple games, which I will overview for you, help get the small ticket items worth anywhere from $0.05- $10; the items seldom anyone purchases are re-homed. It also provides kids' activities while the adults barter.
- Glass Dish Toss — Any glass candy dish that slops will do; Set the Dish on a table. Decide what you want to charge per toss. I will give you an example of a price chart below.
- Horseshoe Toss — same principle as the coin tosses above. But with horseshoes.
- Bean Bag Toss — Same as above.
When someone scores on either of these games, depending on the cost of the toss, they win three times their pay per toss as you reward them with either a $1, $2 or $5 or $10 even $20 per 3 tosses earning a prize each time they score on a one out of three tosses basis.
Price Chart For Coin Toss
- $1 for three throws wins the player any combination of items up to $1 TO A max of $3 win – $1 prize per score — No Score no prize, pay and play again! Get 2 out of 3? You win 2x your “pay to play cost” (the price for three tosses)
- For each toss that is scored, the player wins the play price amount, adding up to 3 times the value of the loss
- $5 for three throws: each score wins a reward of $5 towards their purchase or any of the prizes up to $5 value 1 per score. Possibly winning a $15 total towards their purchase.
Depending on the individual, they may want to toss for a more oversized priced item. However, you priced it out. It is a fun way to engage your customers, and there are good odds you will profit more than you had off just the sale.
Propose each person to join the game depending on the person. Some people may not want to play. Don’t be pushy; you are not a carnival.
Silent Auctions
Another great way is to put together a lovely basket of things or an expensive item and host a silent auction, depending on the laws in your county. Otherwise, this guarantees to sell specific items. Ensure you have the proper forms printed out to house the Name, Address, Phone Number, Bid Number, Bid Amount, Signature, and a tear-off section for the person to keep with them for confirmation if they are the highest bidder.
Raffles
You can also do a raffle, a small one on the same premise, select a nicely displaced item, or maybe you have a free stay at a hotel you will never use or old gift cards (that work) that you will never use. This is a great way to sell off those items at usually a higher rate than they are worth. With technology these days, you could draw the winner live on a social media platform if you wanted.
Hotdog + Pop Combo’s On the BBQ or Juice Stand
And of course, sell juice, especially if it’s hot. You can go as far as pulling out the BBQ and cooking up some hot dogs and selling pop and hot dogs as long as it follows local laws. Sell the juice out of a 5-gallon water jug with a push dispenser. This way, you can keep it stocked with ice in the shade and dispense it into plastic or disposable cups. This is an excellent tip for hot summer days.
Get rid of the things that won't sell. Or leftover trinkets that can’t find a home, and pinch those pennies in 2022. Costs are rising.
Back To Signs
- Incorporate Things like; “Games,” “Prizes,” “Raffle,” “Win,” “HUGE SALE,” “Hotdog + Pop for $3.”
- You can use sawhorses and build more significant signs for highway traffic. And check your signs often.
Extra Tip
Don’t sell it if you might need it down the road.
