Antique Booth Tips for this Economy
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- Опубликовано: 31 июл 2023
- I give 5 Tips and 3 Tidbits about what I am working on to help improve my antique booth sales in this economy. Not just sales really but my booth's overall economic efficiency could be improved. I know there's the option of going fully online with my small antique business but today I really wanted to focus in on those of us that just want to manage a booth and are looking for ways to do that during an economically tight time. I hope all these tips help in your vintage reselling & antique booth venture or if your just getting started. Don't be intimated by this economy. Tough times come & go. We just need to be smart and approach business a little differently moving forward, and maybe try some new techniques. We got this!
The Tips
1. Process what you already have. We all have a back stock of inventory just waiting for small fixes, a cleaning or to be priced. JUST DO IT! It's money that you're not making while it collects dust.
2. Facebook Marketplace is where people are looking for furniture. Use it to your advantage.
3. When you're ready to source again, be smart about your investing by being Thrifty & Picky.
4. Instagram is free and the easiest to use of major social media apps... It's the best place to find your next customer OR for them to find YOU.
5. How does your booth look? Is it well stocked? Do your prices make sense for the area? For this current market???
The Tidbits
1. Learn about antiques and vintage! Lots knowledgable people on youtube could tell you anything about any piece! @TheAntiqueNomad being one of them.
2. Maybe try out an event in your area. I usually recommend being a shopper first to scope out a market before investing in one but if events are popular in your area right now you might want to try out participating in one.
3. Have sale. I don't like running a sale in my booth all the time but if I was to have a sale I would make an event out of it so that your customers know that its special and not something that you would normally do.
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My Booth Location | The Factory Antique Mall | Verona, VA
www.factoryantiquemall.com/
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Хобби
AMANDA!! Thanks for the shout out🖤🖤🥲
I’m not a vendor I’m a collector/customer.
My suggestions
1. Keep your booth clean. I don’t want to buy dirty or dusty.
2. Don’t make piles for me to dig through, I hate that.
3. Leave enough room for me to at least step into the booth and look.
I bypass booths with so much on the floor I can’t even see what’s on
the display.
4. Make prices clear. I don’t like having to ask to get a cabinet opened,
if I could only see the price I would know instantly if I want to buy.
5. If there is damage, state it clearly. I know most vendors are honest
about this but it’s a big help to a buyer, and yes, I do buy some chipped
items if it’s not huge or noticeable.
I know your videos are mostly for sellers and you make some great points.
I’m just giving my perspective as a customer who shops Antique Malls every week, not for resale but my own collections. Thx. 😊
I've had a booth for about 3 years now and I work in the shop that I sell in as well. Here is the #1 thing I tell vendors that are struggling. MOVE YOUR STUFF AROUND OFTEN! 85% of our customer base are repeat customers. If your sales are slowing down, move your booth around. Refreshing a space always boosts sales. Always. If something has been there for a while, move it to a different spot, stage it totally differently than it was before and it usually sells. There are those pieces that just don't sell. So if it has been there for a long time and you have moved it all over your space, pull it for a while, refresh your space with new things and then in a few months, bring it back and see how it goes. But the best thing to do, move things around.
Great tip!
I'm a former boother who sold scads in less than a week after I moved.the non-seller to a new spot or grouped with a new color
I just made my first sale off marketplace today! I thrifted a rattan plant stand for $2.99 and sold it for $30 within a few hours of listing! It felt good to have such a quick flip 😄
My pet peeve….NO DIMENSIONS! How hard is it to add dimensions?
Before buying double check for damage. I started wearing a glove or I use a small section of towel to run over smalls to avoid purchasing damage items. I also do a double check before I hit the register or bid, I've reduced my dead pile by 80%.
I visited your booth on Sunday. You have one of the nicest booths in the whole mall.
I was discussing this same topic with a friend this morning…moving through the hoard, shopping less, being a picky shopper, etc. It’s the social media thing I struggle with. I just don’t want to even though I know I need to. Ugggh.
I don't do sales either. I agree that folks will learn to expect a sale if you make it a habit. Great tips!
Yes price it to move it the first time and don’t get or be greedy. Profit is profit even if you make or made a mistake, cash flow is everything.
My suggestion is to have sales on individual items, not booth-wide. Entire-booth sales scream of desperation. Of course, if the store or mall itself is having a sale, that’s different, and usually unavoidable.
@@ddreeuws I’m in the Virginia Beach Antique Mall with two side by side booths and on average I sell over 250 each and every month and I buy extremely inexpensive items say no more than three or four dollars and price it for resellers and it is rare that my monthly check is less than $1,700.00 each and every month. Learn to price it to move it and condition is everything. Don’t get me wrong but small unusual furniture , wall art especially mirrors, Starbucks mugs, collectibles every now and then but always decorative and lamps sell the best. It doesn’t have to be old or even vintage to be valuable like MCM or DM are getting the best prices.
How long have you been in business for yourself and at your current booth??
@@sailfly2869 we've had booths for a couple of years now. We're currently in 4 locations with 7 booth spaces.
I know George (Antique Nomad)! Fun fact, his first live sale on RUclips was with Misty, Thrifter Junker Vintage Hunter, and I was their audience. He wanted someone there to talk to cause he said he felt strange just talking to an empty room. Misty wasn't so sure, but I was quiet and asked questions or commented thru RUclips. Misty forgot I was there, and George had someone to talk to, so it worked out! 😺
Loved this video! Doom pile needs to be dealt with before investing in more! Thank you for saying this was for you as much as for us!! Feels good that I’m not the only one! 😂
Love your insight into the antique booth world.
I had a store for 20 some years and when I sold the buildings I as stuck with all the inventory which is stored in my garage and 2 storage units. I got into a good antique mall 3 years ago and have 2 booths. I wish I had one very large space where I could really display all my stuff but doing a lot with the spaces I have.
I always get comments on how I display my merchandise to show people how to decorate their homes.
I am really trying not to BUY anything but agree with you on how hard it is to stop. Especially when you see something that you know you could flip by just painting it etc.
It is a disease all of us creative types struggle with.
I love your videos. You are the BEST!!!
Great instructional video. I love George, too! I think we should always continue learning. You do an exceptional job in your booth. It always looks fresh!
My pet peeve is when dealers write a higher price over an old price. Tags aren’t very expensive. I use my business cards for my tags. They’re quite reasonably priced at Staples and all my info is on them (also love a clever tag-stock ones are rather boring).
One thing I like to say is everybody likes a bargain and dealers shop everyday versus customers that shop only several times per month. With today’s customers condition is everything even with primitives. Since we started this strategy we are now selling more but better yet we are finding more valuable item’s since we now have more money to shop with. Price it to move it, just look at how much interest you make on your bank account. So don’t be afraid to just double or even triple your money on some things like small items.
Amanda- I’ve been following your channel for the past year (plus) and tomorrow I take over my own booth in our local Antique mall. These suggestions were super helpful and for me having this booth is a “Bucket List” activity for me. Thank you so much for your inspiration. I’m going to film the whole process it all and post on my channel, “The Suburban Chateau.” My daughter has been to see your booth in VA and we are both big fans!!!
Great video! This month marks my third year as a booth owner and I love it! Absolutely agree with your doom pile advice. I recently did a clear out of about 1/3 of my pile and it was painful because I either tossed or redonated some early “mistakes.” I need to do instagram posts more regularly and plan to do facebook mp too. An aside-I was at Lucketts in May and was able to meet you and say hi! I bought two baskets and a fantastic ironstone platter! Thanks for all your advice!😊
So funny, I just recently went through my doom pile and either re-thrifted stuff or priced and put in my booth! I had a stellar selling month in July, hoping August will be just as good 👍🏻
I stock my booth with trends that are happening; right now vintage 70’s, boho, and vintage vinyl (my best seller!) My biggest tip is….if you can’t bring new inventory in, just move things around in your booth; bring things on the bottom to the top and visa versa, brings sales every time 👍🏻
A good tip to. Have lots of variety of prices if people pick up a few things and they are all high prices they tend no skip over a booth assuming everything is too expensive so I like to have everything from 5$ items to $1500 items
Same! I want there to be something in my booth for everyone at every budget 😊
So nice to see you , Thank you for all your advice!!
Good to see you Amanda again keep posting girl 👧
Great tips! I wish I had never put my booth on sale because now I feel like its expected. I think we all have the doom piles because shopping for the treasures is the best part of having a booth 😂
Love your videos! Thank you for sharing your knowledge. Love your style and your booth is beautiful. Can't wait to actually see it in person.
I so appreciate this video & changed economy effecting the antique market. You spoke directly to me & my doom piles & validated other ideas to post items & my booth on FB Marketplace. Thank you!
Hugely helpful video as usual! 🙏🏻💗🙌🏻
Ha, on my way home today I was thinking about tip #1, doom pile of money. Then your video popped up.
Another cool video. I definitely see places with old and faded price tags. And as a buyer it makes me wonder whats up with the item. Thanks for the tips
This is what happens to overpriced items.
Agree about facebook marketplace! Whenever I do a booth reset/fluff I take photos and make a post on facebook marketplace saying where my booth is, hours, etc. and that seems to be a good way to reach people 😊
Great video Amanda! So many good tips :) If I could piggy back on one of them -INVENTORY MANAGEMENT! Second to being in a great location, I’ve always thought it’s one of the top reasons why people don’t make $$. You’re exactly right, those are dollar bills sitting in those boxes in your garage, and the slower you turn those dollar bills into more dollar bills, the less overall profit your business sees. It’s actually more profitable to sell less items quicker than more items over a longer period :) Thanks for sharing all your great tips!
I so appreciate your time and thoughtfulness! 💞
I've been following you for about a year, shortly after I started my booth and vintage Etsy shop. Here's my $.02. Us old people (I'm 50) don't love Instagram as much a FB. For me Instagram is harder to use. My own 20+ yr old kids try to tell me that Insta is better than FB. My FB page does get a lot of traffic because my audience is probably in that 50+ age range. I'm gonna try Instagram again....maybe. I do like to put my bigger pieces from my booth on Marketplace. You are fun to watch!!
I definitely need to work on step #1😩 At the rate I’m going I will never get through my stash before I’m horizontal 🤣 Love your video and tips!
yay new video!🎉🎉🎉
This is great information! Just what I was wondering! Thanks so much🤩
That was awesome Amanda. I was cringing at first but agree with all of your points. I have 3 booth locations so it’s sound advice you are giving ( we call them stalls here)
Hi from Oz 👋
This is good advice. Yes I have way too many things in storage and around my house in piles. Projects that I have put off dealing with. It's good to get a little kick in the butt in a nice way! I always appreciate the helpful way you tell us of your own experiences and give us advice. Many thanks.
Thank you so much for your reseller advice ❤
Thank you for all the instructions, and advice we do hope to work with our items soon
Thank you Amanda! I haven't done that many markets this year, but...ugh! It's been tough! I took notes, I don't have a antique booth, I also do "thrift flips". But thank you for the reality check. Love your booth & channel. :)
Thanks for sharing the video. Great timing too 😘😇💋🫢
Thanks 👍 from Orange Mound Tennessee and for suggestions and George 😊
Exactly what I needed to hear. Thanks
Thanks Amanda, I've been meaning to list a few pieces of furniture on FB MP and now I'm not putting it off! Thank you for passing on what we all need to do. ; )
I am HERE for the regular content 🥹🖤
You Did It! great ideas, thanks!
Great tips Amanda! Thank you.
Smart way to leverage FB marketplace! We don’t really have the antique mall culture here in Canada (Ottawa region at least) assuming it’s the smaller population in comparison to the Stares…not sure really. But I always love your videos and your space. Will be contributing to the Flea Market magazine again soon? Love that publication.
Great tips! Thanks!
If I didn't know any better, I would swear you were hiding in my closet!😂 It's so hard to get "lost in the weeds" as this hobby/career is so addictive! Since stalking...umm, following your content I can say that your advice is "spot on". Waiting to hear about a new booth opportunity and will definitely implement these tips asap. Also, totally agree with all the comments about moving items around...it definitely works! Keep on keepin' it real and we'll keep watchin'!😊😊😊
Thanks, this is so helpful.
😭😭😭 thank you so much for the shout out! Let’s turn that Death\Doom Pile into a Money Pile!! 💃🏼
I only run a sale twice a year, July and January. Helps make room for new season😊
Preach!
Really, really helpful ideas! And I would consider you successful and knowledgeable in this type of business! Just sayin. . .
Thank you for the info I'm seeing this on 4/4/24 I'm planning on doing a booth so again thanks
Great video !!!
Great tips!!!
Yes I only do sales if my antique mall is having a special in the store. Also I do a sale if it is a holiday.
Thank you great information 👍
Great Advice!!
Cutting to the chase- Please, more of this📢 !
As soon as my sales for the month match my booth(s) rent, I feel relief- but, ticked off that, it’s out of my hands as to which pieces sold in order to “make rent”. Is this emotion I have just me? I’m presently holding back my gathered pieces from our Virginia buying trip ‘cause I don’t want them to be paying off my August rent 😝- I know- makes no sense-
Tory, Mike, Amanda love you guys!
Great tips! I wish I could just get started...period.😅
Give us all the tips you think I missed in comments! PLEASE!
I've been a life long collector,restorer,hoarder, auctioneer and everything in between when it comes to antiques. I don't proclaim to be an expert but I do know good stuff after over 30 years in the business . In my opinion. Antiques are an afterthought at antique shops now. Folks are no longer interested in an 18th century high boy or pewter cupboard. A fabulous 18th century tall case clock that was once valued in the thousands now sets collecting dust priced in the hundreds. Everything is a fad when it comes to home decor. Times change and taste change. In closing I would say to anyone who really loves Real antiques. Now is the time to buy
Good 👍
There is one thing that I didn’t mention is at the checkout counter when someone is checking out with my merchandise and ask for a discount the counter has my permission to give a 10% discount and if this isn’t enough then they can call me. This economy is getting a lot worse and day to day expenses are getting more expensive and that the resellers needs to realize this when pricing there goods.
Yup! Trying to work thru my d9oom piles now😂
Ever considered trying some bangs--tapered down at the sides? You'd look even more awesome! Love ya! :~)
I haven’t even made it through this video yet! I have a question. Have you been to my house and seen my shop??? I just want to leave and go thrifting, but my pile is out of hand! I really think you’ve been here!! 😂😂
❤
.Love You
Anyone also buy/source online estate sale auctions and have noticed this year more buyers and things sold way higher than worth?
I’m curious now with so many vendors here with booths, my question is do you ever watch the counter and see what people are buying and is Saturday and Sunday the best traffic at your location. Another thing is are you selling something everyday or most days and are you able to make profit after expenses each and every month.
Gather-ist is here in Ontario Canada 🇨🇦
What’s Gather-oat? Also, as a fellow Ontarian, why do you think we don’t have antique malls?! I have thought about this a lot and to me it comes down to population and supply/demand
Gather-ist not oat. Silly auto correct
@@stacey8346 I’m the Gatherist 🖤👋
Aw hey Lisa! Thanks for the love 🖤
Hooray!!! Will follow you on Insta!
Great tips Amanda. Yes the #doompile is a real challenge…
I hope that you folks understand that the more items shown increases your chances of selling, it doesn’t have to old to be valuable as in collectables and decorative items are always a plus. Of course pricing is an art that most don’t get it and tend to over price there items. I just don’t get it when you pay a few dollars for something that you have too get top dollar for your items, profit is profit no matter how you look at it and what is even more important is cash flow that you can count on. The old days of making big money is in the past with this economy and with smart devices the customer is now in control. Another thing that I see with the new generation of sellers is why are you into staging so much, when most customers are looking for small items to purchase and carry home, keep in mind that everyone likes a good deal. The only thing that is getting the big bucks in my area is “MCM” and “DM” and the style of furniture you carry should dictate the type of houses in your area for local sales.
People are more likely to buy if u have it staged so they can picture it in their home and online staging pics is everything
@@apriljenimac Staging does look nice, but for me keeping my booth straighten and items in order seems to work the best without overloading the furniture with small items that in most cases are usually over priced by some. Well what works for me of course may not work for others, whereas for me I like moving items so that I’m always on the hunt for that particular item that shows up every now and then. Of course the more you shop the better your chances are finding that rare item for cheap.
I don't have a doom pile, I have doom sheds and storage lots 😆
Question: How can you sell a piece of furniture on Marketplace while it's for sale in your booth at an antique mall? What happens if it sells simultaneously? I can't just remove my price tag off the furniture and just let it sit there while for sale on marketplace or the owner might get upset knowing they won't be making a commission off it. If it sells on Marketplace, does the buyer pick it up from the antique mall? Now that would be hard for me to explain to the store owner. I would love to offer my stuff on marketplace while it is in my space at my local antique mall so I am interested in how this is done. Thank you!
The people that are interested in my pieces that are on marketplace but also in my booth would need to go to my booth to check it out. If they like it they can purchase it through the antique mall.
@@amandasmercantile marketplace does not allow you to advertise a place of business for free and that is what I would be doing if I listed it but said they can't actually purchase it through marketplace. They do check our listings. I had a yard sale thrown out because of that. So that doesn't work. But, I do appreciate your quick reply. Maybe one day, I will figure out how to do this. Have a great day and remember the most fun about selling is getting to buy more stuff to sell. 😂
The personal
Attack about hoarding lol
People who DON’T sell but rent storage space are literally throwing money away! NO-ONE needs that much stuff (even if it’s from grandma!). It amazes me that storage facilities are the fastest growing market. Why? Use it or lose it!
I swear I hard you say no bleach white tags…😂and I was like, “um Amanda 😅your tags are white and off white”…ummm😮 but then I listened again and realized what you meant by “light bleached out tag” O I agree wth 🤦🏼♀️ no I definitely do not do that business
Yeah, it’s a death pile not a doom pile
.....and , Amanda , how have the chalk nudes been selling ? ( the chic in- crowd loves that stuff !)
Market place shopper: hi, is this still available?
Seller: yes
Market place shopper: 🦗 crickets ,vanishes not another word said or bought or done. Never to hear from again.
🤍🤍🤍
What if you have an awesome booth but the antique mall itself is kinda meh? Asking for a friend 😂
I hate Instagram. I rarely ever use it. I think it’s horrible.🤷🏻♀️
"This economy"...meaning oh the last 3 years??? Let's all re-adjust our lives for joe bribem's failed Build Back Broke economy. Lord help us.
Amanda, you sell yourself short, you are very knowledgeable ! I love George , the Antique Nomad, was fun to see you plug him. You have a ton of IG followers, you really should use it more! Would love more tips to grow. I'm at approx 750 followers but it's just been stagnant and im not a big fan of doing follow trains etc, ill explain why: why have a bunch of people following you that are inactive in your account? I want people who will engage with the content, am i crazy? is it business suicide? Local selling is where it's at for me at the moment. Ebay is on it's last legs for me, so I started selling on OfferUp. I was feeling deflated cos my items weren't moving on my IG or youtube live sales and then I put them up locally and starting getting consistent sales regularly. So yes, you have to get your items infront of more eyes. I will try FBMP next. and no more sourcing for me either. Im right there with you. Thanks for a super helpful video!
Definitely do NOT do follow trains. Insta story hacking might be a better way to say it? 🤔
@@amandasmercantile instastory hacking for growth? I’ll look into it and thanks for the advice! 💖