Thursday, February 12, 2009

Hearts and flowers

Now that the florists have increased prices for roses especially and other bouquets, too bad antiques malls can't have a time to artificially raise prices!
Over the weekend I visited 2 malls in Indiana. One was just outside of Indianapolis off s 65 and I can't remember the name. Nice multidealer shop with lots of different merchandise.--Oh yeah It was Southport. Nice people and most of it was easily accessible if one had a walker or wheelchair.
Attempted to visit Knighstown--after seeing all the advertisements and hearing them mentioned, unfortunately they are closed until weekend of Feb 28/Mar 1. this was a bummer as we maneuvered through town pulling a boat.
Then stopped at Webb's in Centreville off I-70 the billboards told the story of the market--1st sign over 500 dealers, next sign over 400 dealers within a matter of a few miles. Once there I'd say it may even be fewer that 400. Once again big ads that didn't live up to hype. All on 1 floor, lots of empty spots and water dripping so many places at one point I thought I was outside listening to a running brook! Good parking, great people! Some booths had deals though.
Almost partway through month and only half way to rent. Blast it!
Weather just has not cooperated this season, too cold, too snowy, too icy, too foggy!
I need to find better stock or I don't know what else. I move items around, i remove items and bring in fresh. I change prices, we tried a sale for January--not much results. Yes overall the traffic is down so shouldn't complain, but I want this to be a going profitable venture for a nearing retirement. How can one gross $1000 a month, I'm trying to start low to cover all expenses and take a profit monthly. I want to supplement future income at the very least. I try eBay but those shipping costs are getting too high for larger items! Come a nice warm April or May weekend a grand yard sale will be held. Even at yard sale we seldom make more than $300.
My thinking cap is on and I'm open to tips.

2 comments:

Mike said...

I know what you mean - sales are down all over. Last month I didn't make rent. It is a good thing the mall I am in allows dealers to work for a discount in rent. I worked six days last month and brought my rent down to $15 - so there was some minor profit in it.

Sales were OK (just OK) until January, when they suddenly fell by 60%. The last time I saw anything like this was when gas hit $4.00/gallon. Actually, it was worse then, I had a month where I sold $70 total.

For some reason, my nicer items are not selling. Many of the items I *am* selling are things I consider junk that I purchased in box lots.

Average sale price has dropped from $20 to $7, with a similar *number* of sales. People are pinching each penny twice or three times before parting with it.

anglophile2007 said...

yes I agree on prices. I can't believe the little filler items that sell. Maybe people want to justufy a visit and buy small. If another dealer didn't buy a piece of furniture I had for months rent would not have been made. I went to auction Friday night and the "collectors" were buying and the dealers were sitting back shaking our heads!