As I stated in a recent post, January was pretty slow. There would be entire weeks where I wouldn't have a single sale. That didn't mean I wasn't working the business, though. I had heard that January was a great time to be thrifting because so many people had made donations at the end of the year. So I did a lot of sourcing in January.
One day my mother-in-law and brother-in-law took Michaela to Disneyland, and I had the entire day to myself. I spent $220 at the Goodwill and came home with 35 items. My cart was full. It was fun.
What's even more fun than thrifting for items for sale (which is fun!), is hearing my iPhone cha-ching when something sells. That's when my hard work literally pays off.
Here are some of my favorite finds and flips from January and February:
This was one of the items I purchased that day at the Goodwill. I don't usually buy jeans because they are $9.99 and it's hard to make a decent profit after that. But if they are new with tags, and a good brand, I will happily spend $9.99. These sold in less than two weeks. Cha-ching!
Anthropologie labels sell well. I paid $4.99 for this pretty top and it sold in just a few days.
Here's another item I found new with tags. Dresses at my Goodwill are usually $8.49 as was this one.
Such a pretty sweater. If it had been in my size, I might have kept it. Sweaters are $6.49 usually.
One thing I noticed about my February sales compared to the previous months was that the average sales price dropped. Previously, I had an average sales price of $36 per item. But in February my average sales price dropped to $30 per item. So sales were up, but people were spending less overall.
I have also learned to shop my own closet for inventory. There are things I am not wearing for whatever reason, and they are destined to be donated anyway. Why not make a few bucks instead?
This was something I purchased from Stitch Fix last year. It's cute, but I wasn't that excited about it anymore. I paid a lot more for it than I sold it for (there are no deals on Stitch Fix), but I recouped some of my investment - and it sold quickly.
I purchased this from ThredUp not that long ago. It's super cute, but I decided that it's a little "young" for me at this point. I'm sure I paid less for it than I sold it for.
March is off to a great start. I've found some great items and sales are good so far. I'm hoping for 40 sales this month. Come on eBay!