Greetings to our valued clients and readers,
As the go-to professionals in the resale industry, The Cellar Sellers constantly encounters an eclectic mix of items, ranging from hidden gems to trendy but not-so-valuable brands. Our experience has revealed some surprising insights about the resale market. Today, we want to share some of those insights with you.
The Surprising Truth About Reselling
You might be thrilled about finding that "MK by Michael Kors" handbag or that "Boss by Hugo Boss" shirt, thinking you've hit the jackpot. However, not all brands and items are created equal. Just because a brand is recognized worldwide doesn't mean every product under its umbrella is a gold mine.
Brands like Michael Kors, Perry Ellis, Vineyard Vines, J.Jill, Calvin Klein, Coach, Kate Spade, and Lord & Taylor have a diverse range of products. Within these brands, certain lines are, surprisingly, not as valuable in the resale market as one would expect. Why is this?
The Tiered Nature of Fashion Brands
High-fashion brands often release varying tiers of their collections. The most valuable items are those exclusive pieces that you'll find in luxury storefronts or brand boutiques. These are the crème de la crème, created with superior materials and craftsmanship. But, discerning these from their lower-end counterparts is where the challenge lies.
Many of these brands produce lines specifically tailored for outlets or discount stores like Marshalls, TJ Maxx, and Ross. These lines often carry a distinguishing mark, usually the brand's name followed by another name - for instance, "MK by Michael Kors". These items, though they might look stylish and are still of decent quality, don't fetch as high a price as their high-end siblings.
The Market Reality
The resale market is saturated with these lower-tier items. Due to their abundant presence and, sometimes, an indistinguishable similarity to higher-end products, they don't always fetch a handsome price. Many of these items, especially women's clothing from these brands, might only sell for less than $15 before fees.
However, here's the silver lining: If you were to sell these items at a garage sale, you might only pocket around $2 per piece. Choosing to sell with The Cellar Sellers, on the other hand, often sees returns closer to the $15 mark.
Reselling is An Art
While the above information might seem a bit disheartening, it's essential to remember that reselling is an art, not just a transaction. Every item has its buyer; it's just a matter of finding them. At The Cellar Sellers, we commit ourselves to ensure your items find their new home.
If you're considering a closet or garage clear-out, think of us. Even if some items might not fetch a fortune, we'll always work closely with you, ensuring you get the best possible return. But a word of caution: if you're on the hunt for items specifically for resale, it's best to avoid investing in these tricky brands, as they might end up gathering dust on your shelf.
As always let's get flipping!