a Thrifter's Garage
If you happen to combine thrifting with ReSelling then you most likely suffer from some aspect of inventory overload. All it takes really is one great sale and an entire carload of freshly purchased items for your to tip the scales from organized to overwhelmed.
I tend to experience this every single weekend. I go out, I buy, I come home and I sigh when I add new inventory to old inventory. As I've mentioned often unless you are amazing and fabulous, it is very hard to list everything that you buy each week. I only have 4 work days before Friday hits when I'm out buying again.
This used to bring me down until I realized that my inventory was as good as having a savings account in the bank. When I needed money last May and this January, I dipped into my "inventory savings" and began to sell items. I had cash within a week of selling.
Yet there is still the ongoing problem of where to store everything and how to make the inventory cycle work efficiently.
My house and storage areas need to work like in a continual system where everything flows. I buy, I store, I sell, I ship. Right now everything is blocked up in any direction that I turn. My bedroom storage where I take items to photograph are overflowing. The garage is packed which means that I can't take things out there to store temporarily. My inventory closet is nearly full and there is inventory spilling out into our hallways. This means that the inventory in my office has no where to go except to fill my office which leaves my psychologically overwhelmed when it comes time to work. I need a tidy and neat office in order to work well.
So where does that leave me?
- I can stop buying (LOL)
- I can list faster and list more in a day (and never see the children)
- I can do some spring cleaning and get organized
My top choice had to be to get organized. The question I had to ask myself is where do I start? When everything is at a standstill it's really hard to know where to begin. If I go into the bedroom and see the overflowing bins of inventory to photograph I feel overwhelmed and yet when I stand in my office to figure out where to start I freeze up, turn around, leave and search for some ice-cream.
I decided to tackle my inventory with what I could get rid of first. I filled the back of the van with 10 bags and boxes of unwanted items to take to the thrift store. Next I filled 4 grocery bags with books and dropped them off at the used book store in exchange for book credit. This gave me a few gaps to start to move stuff around.
Here's my plan when I have too much inventory:
- Sell things quickly
- Give things away
- Pack away inventory in plastic bins with lids until I can deal with them (in the garage)
- Have a Yard Sale or two
I sort and divide items up into these boxes and bins:
- flea market to price
- flea market to sell
- eBay inventory (I'm planning to group things together like books, ephemera, kitchen, toys, crafts etc)
- Craigslist
- Etsy (sometime in the future)
- Thrift Store
- Yard Sale
- Consignment Store
- Used Book Store
- Amazon (books/cd's/DVDs)
My spring goals will be to be a vendor at the next Santa Rosa Flea Market and try for a yard sale in April to move some of the larger items like furniture that is taking space in the garage.
My friend Jacki has a yearly yard sale very August to sell her extra inventory, items that she is tired of dealing with or items that might not be a good match for selling on-line. Her sales are fabulous and are always a favorite for thrifters in the area. I used to love shopping her sale.
While having too much inventory can feel ike a problem, it's somewhat easy to move it quickly if you need to. Try to look at your inventory as your investment in your business, even when it is growing quickly around you. If you have a small home, research on-line on how to gain storage in small spaces.
Last fall when I had decided to put the brakes on eBay and prepare for my mother-in-law's month long visit, I packed everything up into bins and stuck it in my eBay corner in the garage. Just moving it away out of the house felt so therapeutic. When I was ready to start selling again it was easy to find a bin and get to work.
Try to be in control of your inventory rather than your inventory controlling you.
Do you ever experience inventory overload? Do you have any tips to share?