Do you need to clear out your wardrobe?
It is suggested that the average woman has over £1,000 worth of unworn clothes sitting in their wardrobe at any given time. These items are often taking up valuable room or just gathering dust so why not turn a mountain of unworn, unloved clothing into some extra dosh.
To help with this Value my stuff has put together some top tips on how to turn your fashion failings into hard cash.
- Group items of lower value:
If you have some fairly low value items, you could group them together and sell them as a bundle, making them more desirable to a broader audience. For instance, you could group together vintage bangles, vintage rings and some vintage clip-on earrings. This group would then catch the eye of any individuals looking for clip on earrings, rings and bracelets.
- Reassure potential buyers online:
Establishing trust between buyer and seller is our most important trade “secret”. The more detail and images you as a seller provide, the more apt the buyer will be to trust and ultimately make the decision to purchase.
For example; if you have a smart vintage dress that is in good condition, we encourage you to take pictures of the seams and lining and include them in your posting which will help to assure potential buyers and increase you items desirability against other similar items on offer. Also, if you can show the item on a hanger as well as on a mannequin or person it will help the buyer know how the item looks when on.
- Know your market:
Keeping your finger on the pulse with upcoming fashion trends is always useful when selling old clothes. You can do this by taking note of a display when you pass a shop window or by flipping through your favourite fashion magazine. This way you can predict what items are coming back into fashion to ensure you put your item on at the most opportune time.
- Timing is everything:
Seasonality is a key factor when selling fashion items. For example; when selling during the summer, it is best to avoid winter items such as furs, gloves, and hats. This may seem like an obvious suggestion but it is a common mistake made by many sellers. It is also useful to keep your eye on upcoming events. For instance, if you are looking to sell an occasion hat, a good time to put this online would be just before racing season.
- Value your stuff:
It is commonplace for sellers to sometimes under or over value an item resulting in either an item not selling or a foreseeable loss of profit. For this reason it is important that you identify your market and where your asset will perform best. This is particularly crucial when selling designer items.
For example; did you know that a Vintage Birkin bag on average can increase yearly up to 20% depending on the size and style? To prevent his from happening our Value My Stuff experts can give sellers realistic auction prices and advice on each item’s selling potential.
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