4 Ways to Determine Prices for the Second-hand Market

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4 Ways to Determine Prices for the Second-hand Market
4 Ways to Determine Prices for the Second-hand Market

Video: 4 Ways to Determine Prices for the Second-hand Market

Video: 4 Ways to Determine Prices for the Second-hand Market
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Pricing for used items you'll be selling can be confusing, especially if you remember exactly how much they cost when they were new. Keep in mind that visitors to your thrift market will be looking for bargain prices, so don't set prices too high if you want your sales to be successful. Read this quick guide to determine the right price for your used items.

Step

Method 1 of 4: Determining the Price of Books, DVDs, CDs, and Games

Price Yard Sale Items Step 5
Price Yard Sale Items Step 5

Step 1. Sell the book for IDR 10,000, 00

People are generally reluctant to pay more than this for a used book, unless the book is a pretty hardback. Display your books in a box with the spine visible, or on a bookshelf that is also for sale.

Price Yard Sale Items Step 6
Price Yard Sale Items Step 6

Step 2. Sell the DVD for IDR 40,000, 00, of course if this is the original DVD

You might be able to put a laptop or DVD player in so people can test the DVD before they buy it. Show off DVD in their original box.

Price Yard Sale Items Step 7
Price Yard Sale Items Step 7

Step 3. Sell the CD for IDR 20,000.00

Keep in mind that CDs aren't as popular anymore, so CD enthusiasts may not be as big as they used to be. You can try selling a pack of multiple CDs by the same artist for a higher price if you want to sell them quickly.

  • If you have a cassette, sell it for an even lower price, maybe no more than Rp. 10,000.00.

    Price Yard Sale Items Step 7Bullet1
    Price Yard Sale Items Step 7Bullet1
  • Selling LPs for Rp. 20,000, 00 to Rp. 30,000, 00, unless you have very rare LPs in good condition (in this case, you may want to take them to a record store instead, then you may can earn more money).

    Price Yard Sale Items Step 7Bullet2
    Price Yard Sale Items Step 7Bullet2
Price Yard Sale Items Step 8
Price Yard Sale Items Step 8

Step 4. Sell video games (video games) for IDR 50,000, 00 – IDR 100,000, 00

Some games that are rare or expensive may be priced higher, but as a general rule, games usually don't sell for more than IDR 100,000.00.

Method 2 of 4: Determining the Price of Clothes and Shoes

Price Yard Sale Items Step 1
Price Yard Sale Items Step 1

Step 1. Sell baby clothes at a price of IDR 10,000, 00 – IDR 30,000, 00

People won't pay much more than that for used baby clothes, baby clothes are usually inexpensive when they are new. Make sure that the clothes are thoroughly washed and neatly displayed to attract buyers. If the clothing is a well-known brand and the label is still on, you can value it a little higher.

  • If you want to sell clothes that are worn or stained, charge around Rp. 5,000, 00 or Rp. 2,500, 00, just so you can get rid of them.

    Price Yard Sale Items Step 1Bullet1
    Price Yard Sale Items Step 1Bullet1
  • If you have a lot of baby clothes that you want to sell, you might be able to sell them all together for around IDR 50,000.00.

    Price Yard Sale Items Step 1Bullet2
    Price Yard Sale Items Step 1Bullet2
Price Yard Sale Items Step 2
Price Yard Sale Items Step 2

Step 2. Sell adult clothes for IDR 30,000, 00 – IDR 50,000, 00

T-shirts, trousers, second-hand dresses and more should not be priced any higher than this, unless they are branded clothes and the label is still on. Your sales will probably be more successful if you don't display your most worn and worn out clothes. Don't make it hard for people to find items worth buying.

Price Yard Sale Items Step 3
Price Yard Sale Items Step 3

Step 3. Sell shoes for IDR 50,000, 00 – IDR 70,000, 00

Before displaying them, make sure you have polished your shoes to cover up scratches and shabby-looking parts. If you have branded shoes that are still in good condition, you could value them a few tens of thousands of dollars more.

  • Outdated tennis shoes should be sold cheaper. In fact, it might be better if you just give it away.
  • The shoes on display must look attractive. Don't just pile them up in the box.

    Price Yard Sale Items Step 3Bullet2
    Price Yard Sale Items Step 3Bullet2
Price Yard Sale Items Step 4
Price Yard Sale Items Step 4

Step 4. Sell coats for IDR 100,000,00 to IDR 150,000,00

Wash it first, then display it by hanging it. A coat that looks old may not sell well, but if you have a branded coat that still looks good, you can value it a little higher.

Method 3 of 4: Determining the Price of Furniture

Price Yard Sale Items Step 9
Price Yard Sale Items Step 9

Step 1. Appreciate the furniture with not very good quality at a price of around IDR 100,000, 00 – IDR 300,000, 00

Furniture made with non-durable materials, or furniture that is very worn and scratched, must be priced lower in order to sell. At this price, you might be able to sell your furniture to students who want to furnish their dorm rooms at a bargain price.

Price Yard Sale Items Step 10
Price Yard Sale Items Step 10

Step 2. Sell high quality furniture for IDR 500,000, 00 – IDR 750,000, 00

Cabinets, tables, or bookshelves with sturdy wood can be used items that are highly valued. As a guideline, set the price at 1/3 of the original price. If you buy a new table for IDR 3,000,000, 00, don't hesitate to appreciate it for IDR 1,000,000, 00. If necessary, you can lower the price again later.

Price Yard Sale Items Step 11
Price Yard Sale Items Step 11

Step 3. Sell antique furniture for IDR 1,000,000, 00 and above

If there's a piece of furniture that's really special, don't hesitate to sell it for a high price. A worthy buyer will know a fair price for the piece of furniture and be willing to pay for it.

  • If you're not sure how valuable your item is, do a little research first, or try asking an expert for an assessment. You certainly don't want to lose, do you?
  • Display your most valuable items where you can always keep an eye on them.
Price Yard Sale Items Step 12
Price Yard Sale Items Step 12

Step 4. Sell home decorations for IDR 30,000, 00 – IDR 50,000, 00

Candle holders, frames, and other displays should be cheap, unless they are antique or expensive, such as fine art.

Method 4 of 4: Determining the Price of Other Items

Price Yard Sale Items Step 13
Price Yard Sale Items Step 13

Step 1. Sell computer equipment or other electronic equipment for IDR 200,000, 00 or less

Even if you buy your blender for IDR 1,000,000, 00, it will be difficult to find a buyer willing to pay more than IDR 200,000. -people find elsewhere.

Price Yard Sale Items Step 14
Price Yard Sale Items Step 14

Step 2. Sell kitchen utensils for IDR 10,000, 00 – IDR 30,000, 00

This includes plates, baking utensils, and other kitchen items. Make sure these items are thoroughly washed before you display them.

Price Yard Sale Items Step 15
Price Yard Sale Items Step 15

Step 3. Sell toys for IDR 10,000, 00 – IDR 30,000, 00

You can also give away some of the least expensive items, to attract kids and their parents. This way, maybe their parents will be more interested in browsing your thrift market and buying something.

Tips

  • Donate the remaining items. If you can't sell all of your items and don't want to keep them any longer, you might be able to donate them to an orphanage or other places of need.
  • Promote your second hand market clearly and broadly. If no one visits your market, of course, the goods will only be idle and unsold. So maybe you could put a sign on the streets around your location, or place an ad in the newspaper or the internet.
  • Display your belongings so they are easy to see. On the day you open your market, make sure you put all of your things within your reach and neatly, so that what you need is easy to find.
  • Anticipate bidders-people who come will expect a low price, so don't be discouraged if the table you valued at IDR 1,000,000 ends up being offered up to IDR 60,000. no longer needed!

Warning

  • Check local government regulations if you plan to sell food.
  • Be careful selling items that have been pulled from the market. Check the internet, especially for electronics, toys, and baby furniture.

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