I picked this table up for a steal.
I wasn’t really sure I was going to get it.
It just looked……ugly.
The lady in the thrift store I frequent was confident I could give it a new life.
Want to see what cute knobs and CeCe’s paint can do?
What do you think?
The drawers are deep and this could be used for a flat screen or I picture it in a little girls bedroom.
I pick up knobs on Anthropologie online when they go on clearance. These were $1.25 each.
They add a nice little pop, don’t they?
Now….here is my issue.
This piece is still sitting in my “booth” unsold. It has been there for over three weeks.
It is there because of pricing.
I am trying to “feel” my way out at Inlet Queens where I carry some of my pieces.
Want to know what is happening?
I am getting less for my product there than I did on Craigslist.
There are 50 vendors.
Many talented vendors with painted furniture and many who are priced way less than me.
I have to figure this out.
Is it worth it, due to the amount of traffic, to price lower and sell more, or is it better to list higher and sell only on Craigslist?
Personally, I feel some of these talented vendors are under pricing their items. It is why their pieces sell almost the minute it comes in. I am also seeing the “mistake” that I have talked about in my “flipping furniture” series. Many of them price their pieces according to what they paid for them.
I hear the comment, I am pricing this at “$” because I only paid “$2.00”. Well, that hurts them later when they try to sell another similar item for more because they paid more.
I just wanted you to know that selling in a “booth” is not dilemma free.
You have to make sure that what you are selling justifies the expense to be there.
Right now….I’m not so sure.
The traffic there is unreal, so I may need to look at items that I can sell cheaply and can create a healthy cash flow.
So…the good with the bad. I don’t pretend it’s all roses.
Have any thoughts?
I know I have had to reel you guys back in after being gone so long.
I would love to read your input.
Have you experienced selling in a booth?
You do know I’m back from Europe don’t you?
Talk to me people!