HOW TO PRICE CLOTHING...
Tier 1 - Discount Department Stores
Walmart, Target, etc.
Tier 2 - Department Stores
Kohl's, JC Penney, Old Navy, etc.
Tier 3 - Chain Stores
Gap, Children's Place, Osh Kosh, Carters, Justice, etc.
Tier 4 - Upscale or Boutique
Ralph Lauren, Janie & Jack, Hanna Andersson, Keen, Robeez, Pediped, Crew Cuts, Abercrombie, etc.
As a consignor, you set the price for the items you sell. A common concern for new consignors is how to price their items. Below are some tips to help you with your pricing and answer some common questions. (Remember that bargain hunters are looking for a deal...so be reasonable with your pricing)
1. Thirty percent of the retail price is generally a good price for most items.
2. All clothing must be a minimum of $1.00. (If you have lower priced items, group same sized items together and sell as one)
3. For larger items like strollers, car seats, swings, etc. it is a good idea to print out a listing for a site such as Amazon.com to show the shopper the retail price and how much they'll be saving. Also attach any instruction manuals you may still have.
4. It is highly recommended to let your items go half price on Saturday by checking the discount box when you enter your items online. Saturday shoppers are very thrifty and often won't even consider an item unless it is half price.