Okay, my country don’t have this yard sale habit but I really love to do it sometimes. Yard sales is popular of the United States when summer. Yard or garage sale is great to sell unwanted goods and good time to buy cheaper good from the sale. Let’s read the tips on how to make profitable in yard sale
1. Advertise effectively. Stick an ad in the newspaper. Post clear, simple signs around the neighborhood. Make sure your signs are readable. It’s best to use big bold text like “HUGE SALE” with an arrow pointing the right direction. (The Yard Sale Queen has a great page highlighting the difference between good and bad yard sale signs.)
// Yeah. advertising is important. I think advertise via internet also a best way to spread the promotion.
2. Be prepared. Wear comfortable clothing. Have water and snacks at hand. Get plenty of $1 bills and a roll of quarters the day before. Move things out early. Good preparation will help things run smoothly. I’ll admit that I was unprepared for our recent sale, so I missed the first few hours (the hours when the most serious buyers arrive) because I was still getting my things ready to sell.
// Yeah. Who want to buy if the seller look dirty and look like a beggar. It is important to have a good image.
3. Display items to their advantage. People will be more inclined to stop if you set up shop in your yard or driveway. Some folks are reluctant to enter a dark and dreary garage. Make your sale inviting and easy to browse. You can lure customers by placing highly desirable items near the road.
// It is better to make customer easily to acces to the yard sales. Make sure there’s a parking car.
4. Think like a customer. As soon as you’ve opened and fielded the initial flood of shoppers, walk through your sale as if you were there to buy something. How does it feel? Are things clearly marked? Is it easy to move around? Are your books on the ground in boxes? Or are they placed neatly on shelves or tables? Would you pay $10 for that porcelain cat?
// It is important to know the customer expectation. Some of customer are very educated and know about the price and useful or the goods.
5. Do not bad-mouth your stuff. At one group garage sale, a friend consistently told customers what was wrong with the items they were buying. “Oh, that book is awful.” “That’s a terrible movie.” “That skillet doesn’t heat very well.” “That game is boring.” We sent this friend inside to drink beer ASAP. This year, Kris and her friends did the opposite. It was hilarious to watch them say things like, “Wow, that sweater looks great on you!”
// Never ever complain about your stuff. Never show the weakness of the stuff. Make them want to buy even you are never used it..
6. Be willing to bargain, but be less flexible at the start. On the first day, you want to get as much as you can for each item. Most people will still buy Aunt Lucy’s soup tureen at $5 even after asking you to sell it for $3. If they’re bargaining, it’s because they want the item. Don’t be completely rigid, but don’t give your stuff away at the start.
// Not sell all the stuff in a day. Need to know which stuff are being watched or not.
7. Do not use a cash box. Carry your money with you at all times. Casual thieves and professional swindlers can make off with cash boxes in an instant. We use a cheap cloth apron/utility belt from the local hardware store to carry our money. Some people use a fanny pack or a zippered bank deposit pouch. (Here are more tips for avoiding garage sale scams.)
// Yup.. It is important because there’s many thieves will survey. Need to have protection or maybe take insurance..
8. Have a plan for what you’ll do with your unsold merchandise. Some nonprofits will pick up unsold stuff, so research this ahead of time. After our sale, we loaded all of our unsold stuff into a Honda Element and hauled it to a local thrift store.
// Not all of merchandise will be sold. If you’re lucky all of them will be sold but what if many of them not being sold? Try another solution..
9. Be clear on the purpose of your sale. Are you selling things to make money or to get rid of them? This question affects everything you do, from how you price things to how willing you are to negotiate. (If your goal is to get top dollar, you should really be selling on eBay or Craigslist.) At our last sale, for instance, I just wanted to get rid of stuff. I was willing to take almost any offer.
// Need to know how to price it. Don’t just put your own price.
10. A group sale is better than selling alone. If you can coordinate a weekend sale with your neighbors, you’ll draw more traffic.
// Try group sales. It will help you
Source :- MSN Finance