Cleaning out your closets, basement, attic, or garage? Get rid of unwanted items and earn some money in the process by hosting a yard sale.
Lingering unemployment nationwide is forcing many people to be frugal, so you may very well find an eager buyer for that unused treadmill or those antique plates gathering dust in your home.
Here are five ways that mobile payments can support your next yard sale.
- You’ll make less change. Garage sales tend to involve a lot of little cash transactions ($5 for a bookcase, $1.50 for two wineglasses, 50 cents for a cookbook), so sellers typically need a jar full of singles and coins to make change. With mobile payments, you can easily accept credit or debit cards via your tablet or smartphone — and cut down on the amount of cash you handle.
- You can sell to people who don’t carry cash. Seasoned yard-sale shoppers usually carry cash, but more casual passersby often don’t. Neighbors or others who wander past your yard sale may not have planned to buy that dresser or those workout DVDs, but you enticed them. However, if they have to run home or to an ATM for cash, they may not come back. With GoPayment, you can complete a secure credit card transaction on the spot. This will also help you to circumvent the common haggling strategy of saying “I only have $5 in my wallet.”
- You can reduce theft. Cash stored in a box or jar at a garage sale can be an easy target for petty theft. During busy periods, you may step away from the “register” for a moment to chat with a neighbor or help a customer, only to find your cash (or the entire box) missing when you return. By accepting mobile payments, you can decrease the amount of cash you handle, make your cash box less attractive to thieves, and have less to lose. Tip: Carry your mobile device with you at all times.
- You can tally profits quickly and easily. At the end of the day, when you’re likely tired and sunburned, GoPayment can add up the day’s profits for you. Forget counting bills or filling in a paper ledger, because GoPayment puts all of the information you need at your fingertips. This data can also be synced with QuickBooks if you need it for accounting purposes.
- You won’t pay a setup fee or need a contract. If you’re hosting a one-day yard sale, you don’t need to sign a 12-month contract to process credit cards. GoPayment’s pay-as-you-go option makes sense for yard sales and other one-time events: There’s no setup fee or monthly minimums, and the card reader (which connects to your mobile device) ships for free. Once you see how the system works, you’ll probably find other occasions to use it, such as when you’re manning the booth at a school bake sale or a craft fair.