This is what I have been up to this last month … times five. Yes, I bought five carts full of Halloween costumes on clearance. I wait until the price drops to 90% off. I think I did my biggest haul yet, split among four different stores. I spent a grand total of $812.41(!) earlier this month. (Which means that the initial retail price of the costumes was $8124.10.) My best guess is that I paid an average price of $2 per costume, which equals about 400 new items. The great thing is that I bought duplicates of quite a few, some in different sizes, meaning I can list it once and sell it again and again.
I am at least 2/3 of the way through listing them all. I have sold 14 of the newly listed costumes so far, and am approaching $300 in sales. I am keeping track of my gross sales from the haul, and am hoping to hit the $1000 mark by the end of December. When I hit that I will feel like I am close to making back my initial investment.
Here are some of the costumes I have already sold from my new listings – and I have sold multiples of the PJ Masks, Fancy Nancy and Puffer Fish costumes.
I will say that buying and selling costumes in this kind of quantity is not for everyone. There is, of course, the initial financial investment, not to mention the physical space all of the costumes will take up. You definitely need to take the long view because most won’t sell right away. But, I do sell costumes every single week. The sales come in slow and steady most of the year, and then mid-August to mid-October I sell costumes like crazy. The past few years September has been my highest sales month of the year.
Because the prices are so low, I do almost no research before purchasing. If I like it, into the cart it goes. The research starts when I get them all home. For some costumes the market is so saturated that they end up selling below retail price. Most sell right around retail price. And there are always a handful of costumes that are actually quite rare and sell well above the initial retail price. It’s a mixed bag for sure, but I enjoy it. And so I will continue to buy and sell costumes.