Tulsa, Okla. – One of the top New Year’s resolutions each year is to “get organized”. For many people that means clearing out the clutter. There is a way to “turn that clutter into cash” by selling it at a consignment sale or secondhand. The families who run Just Between Friends Children’s Consignment Events say there are a few key tricks that can help bring in the most cash.
Just Between Friends (JBF) is North America’s leading children’s consignment event with more than 140 franchises in the US and Canada – each run by local families. Other families sign up as consignors to sell the new and gently used children’s and maternity items their families have outgrown. They prep their own items, price and tag them and then bring them to their local JBF event. Just Between Friends handles the rest, selling their items for them. .
“I am thrilled that Just Between Friends helps families earn and save money at our JBF consignment events. We helped more than 600,000 families in 2014 and are looking forward to serving even more families in 2015,” explained Shannon Wilburn, CEO and Co-founder of Just Between Friends Franchise Systems, Inc.
To help people make the most money when selling “clutter”, Wilburn offers what she calls the “Three C’s of Consignment” when preparing items to sell.
Make sure the items are:
- Clean: wash clothing and toys to help improve the appearance and make them easier to sell.
- Complete: make sure toys have all parts and are working and add batteries if necessary. Put together outfits or groupings of clothing and that will increase the chance of them selling
- Current: items that are in style have a better chance of selling
Consignors can sell items year round but the following items sell best in spring.
- Large outdoor playhouse
- Outdoor toy
- Swim items.
Clothing should be seasonal, in good condition with no rips or tears, clean and smelling fresh.
“If you want to make the most money at a consignment sales event you should set a goal to tag at least 100 items. When pricing, a good rule of thumb is to price items one half to one third of the original price,” explained Wilburn.
Wilburn offers this formula to help consignors determine how much they can make per hour.
Ø It takes about 3 hours to tag and prep 100 items
Ø If the average price is $7.00 per item that is $700.00 in merchandise
Ø If the consignor sells half of their merchandise then that is $350.00
Ø Once JBF deducts a consignor fee and takes 35% cut, the consignor earns $221.00
Ø That comes out to an average of $73.00 per hour
Wilburn says that the average JBF consignor check is $350.00 - $400.00. For more information about an upcoming Just Between Friends event in your area, visit www.jbfsale.com.
About Just Between FriendsIn 1997, Just Between Friends was created in a living room in Tulsa, Oklahoma when Shannon Wilburn, a mother of two young children, and her friend Daven Tackett hosted a sale with 17 friends as consignors and had gross sales of $2000. In 2014, that same sale hosted two events and grossed close to 1 million. The sales caught on with families and grew, so in 2003, they formed Just Between Friends Franchise Systems, Inc. Wilburn is now sole owner and CEO of Just Between Friends Franchise Systems, Inc., which has over 140 franchises in 28 states and one in Canada. They expect to top 27 million in 2015. In June 2014, Forbes Magazine named Just Between Friends one of the top ten franchises in the United States. JBF was also named one of Entrepreneur Magazine’s Top 500 Franchises in 2012, 2013, 2014 and 2015 and has been on the Inc. Magazine list of fastest growing companies for four year. Just Between Friends Franchise Systems Inc. also received a “Franchisee Satisfaction Award” and was named in the Top 50 franchises by “Franchise Business Review” for the past 6 years. Wilburn was also named on of Oklahoma’s “50 Women Making a Difference” by Journal Record Newspapers, was awarded the Small Business Administration’s “Women in Business Champion” for Tulsa, and was part of the Tulsa Business Journal’s 40 under 40. JBF has been featured on numerous national television shows including The Today Show, Good Morning America, Real Biz with Rebecca Jarvis, Fox News, CBS Early Show, ABC News, CNN, Headline News, Inside Edition and CNBC’s The Big Idea. They have also been featured in many top markets including Seattle, Denver, Dallas, Houston, San Francisco and Philadelphia as well popular websites www.yahoo.com, www.sheknows.com and Disney website www.family.com