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6/10/2010

How to Sell Jewelry at Flea Markets

Do you have jewelry that’s just been sitting around the house, and you want to sell it fast? You may have some luck by heading to your local flea market. Selling jewelry at flea markets only requires you to do a little research before setting up and using price tags on all your merchandise.

Things You'll Need:
Tables
Table coverings
Price tags
Jewelry
Mirror

Step1
Do your research by visiting a few flea markets in your area. You need to see which flea market offers the type of merchandise you want to sell and which ones have the most customers. This is also the time to see how other vendors set up their booths and make a list of what you’ll need. Pay attention to flea markets where there are less people selling jewelry and avoid those that seem saturated or full of jewelry dealers.

Step 2
Talk with other vendors about your wares. You should pay special attention to any sellers offering jewelry, especially if they sell the same type you have. You can ask them how their sales have been and what they think about the flea market. You may even find a vendor willing to buy your stock from you. Also, pay attention to the prices they have on their jewelry. If they have similar pieces at smaller prices than you plan on asking, you may have a problem selling when you set up.

Step 3
Arrive at the flea market early in the day to set up your jewelry. You’ll need tables, coverings for the tables, price tags and the jewelry. You can arrange it by style or group the different types of jewelry together, like all rings together, all necklaces together and so on. You’ll also need to pay a certain amount of money to rent space at the flea market, and most mark the spaces so you know how much space you have. They may also give you a booth number that’s also market on the spot.

Step 4
Set up a mirror or several mirrors on your table. This way people can actually try on the jewelry for themselves. There are some buyers who are hesitant to buy a piece because they don’t think its quite their style. This can even help you make more sales. Alternatively, you may also find it helpful to invest in some mannequins to display the jewelry so buyers see what it looks like on a person.

Step 5
Set your prices, and carefully mark them on each piece using a price tag. You should know the general amount you want for your jewelry, but be willing to haggle a little with customers. There are some buyers who won’t buy anything if they have to ask the seller for a price first. Look for price tags that have a small thread attached because sticker tags may be difficult to remove from the jewelry. Speak directly with each customer that comes into your booth, even if it’s only to say hello and ask if they need help. Customers are drawn to friendly sellers that can keep up a conversation with them. The more you treat them with respect and talk to them, the more sales you’ll make.

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