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How should I price items for my flea market booth?

Asked by sitecontributor|Flea Markets

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BidBuySmart

Research is the starting point. Look at what similar items are selling for at your market and in completed online sales, not just asking prices. Flea market shoppers expect bargains, so your prices usually need to sit below retail and below what antique shops charge for similar pieces.

Leave a little room for negotiation, since many buyers will ask for a discount. If you price too high with plans to come down, though, shoppers may walk past without asking. Clear price tags on everything help, because many people will not ask about an unmarked item.

Consider how badly you want an item gone. Pieces you do not want to haul home again can be priced to sell, while truly special items can be held at a firmer price. Keep notes on what sells and at what price, and adjust from weekend to weekend.

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