Disclosure: This post was sponsored by JBF Western Mainline. All opinions are 100% my own.
As Philadelphia area families make a resolution to save money in 2015, a local mom, Tracy Panase is helping them turn spring cleaning clutter into cash! Philly’s largest consignment event, Just Between Friends is set for March 19-22 in Oaks at the Philadelphia Expo Center-Hall C There is also last second event at the Body Zone Sports and Wellness Complex in Reading April 30-May 2.
JBF Western Main Line (Oaks):
Thursday, March 19- 9 a.m. to 8 p.m.
Friday, March 20 – 9 a.m. to 8 p.m.
Saturday, March 21 – 8 a.m. to 5 p.m.
Sunday, March 22 – 8 a.m. to 3 p.m.
Place: Greater Philadelphia Expo Center – Hall C
100 Station Ave, Oaks 19456
Admission: $3.00 and charged on first day only
Panase offers what she calls the “Three C’s” when preparing items to sell:
- Clean – washing clothing and toys can help improve the appearance and make them easier to sell
- Complete – make sure toys have all parts and are working. Also – put together outfits and you have a better chance of selling
- Current – if items are in style then you have a better chance selling them
You can sell items all year round but the following items sell best in spring: large outdoor playhouses, outdoor toys and swim items. Clothing should be seasonal, in good condition with no rips or tears, clean and smelling fresh. The average JBF Western Mainline (Oaks) and Reading consignor makes $400.
If you want to make the most money at a consignment sales event you should set a goal to tag at least 100 items,” explains Tracy Panase. “When pricing a good rule of thumb is to price it one half to one third of the original price.”
JBF offers this formula to help consignors determine how much they can make per hour:
- It takes about 3 hours to tag and prep 100 items
- If the average price is $7.00 per item that is $700.00 in merchandise
- If the consignor sells half of their merchandise then that is $350.00
- Once JBF deducts a consignor fee and takes 60% cut, the consignor earns $210
- That comes out to an average of $70.00 per hour
At the same time, parents looking to save will find everything they need to raise a family, from maternity to teen. Bargains range from clothing, toys, electronics, books, baby equipment, furniture and more. Everything is typically 50 to 90 percent off retail. And before the event a recall specialist inspects everything, including clothes. For example, they’ll look for the 11 stroller models recalled this November from Graco.
Local mom Tracy Panase organizes and runs the JBF events twice a year. She is thrilled to help the community save and earn money. JBF also gives back, donating unsold items and part of the proceeds to Cradles to Crayons and The Children’s Home of Reading. Tracy is available for interviews before and during the event. We can also provide families who participate as consignors and shoppers for interviews.
This post was sponsored by JBF Western Mainline. All opinions are 100% my own.