How to Sell Designer Handbags: Tips on Picking a Bag and Pricing It Right

Designer handbags give most women a rush, because they are seen as classy, sophisticated, and functional accessories. Retail workers can sell designer handbags, as they are a big business. Selling these designer handbags won't be easy, but it is not impossible. Here are some tips on how to sell designer handbags, as well as what you need to know beforehand:

Decide What Type of Bag You Want to Sell

The first step when selling handbags is to decide which type of bag to sell. You will need to decide between one of the following: A handbag from a brand, a bag from a brand but not strictly linked, an unbranded bag, a bag from a boutique store, or a limited-edition bag.

Finding the Right Bags for Your Store

Every bag has a different target customer, so the next step is finding the right bags for your store. You can do this by working with your store manager or a brand rep to see which bags sell best, or by selling bags you already have in stock and then using customer data to see which ones sell best. If you do decide to sell bags from a specific brand, make sure you trust the brand's reputation, the quality of the bag, the target market of the bag, and the price of the bag.

Estimate the Demand for the Bag

You should make sure that the bags you are reselling will have high demand. You can do this by finding data on how many bags of a specific style/brand were sold in a specific store. You can also see how many bags are for sale on auction sites like eBay. Lower demand means that the bag will sell many times over a long period of time.

Understand How Much It Will Cost to Pawn your hand bag

For a consignment store to take your bag, you will have to pay them a fee upfront. The fee will be higher for more expensive bags, as the store owner has to take on the risk of reselling the bag. However, the store will pay you a certain amount of money per week, month, or quarter based on a percentage of the bag's estimated value. Once the bag is sold, you will be able to collect the full price of the bag and use that money to pay off your pawn.