Weddings are a joyous celebration that brings families and friends together to witness two people joining together in love. However, weddings can also be a financially draining experience for the happy couple. In order to ease the burden, many couples choose to decorate their venues with rented decor. After the wedding, the decor is returned to the rental company. However, some couples choose to buy decorations outright in hopes of reselling them later. If you find yourself in this situation, you may be asking yourself how much should I resell wedding decor for? In this blog post, we will explore the factors that may affect the resale value of wedding decor and provide some tips on how to price your items.
What Affects the Resale Value of Wedding Decor?
Several factors can impact the resale value of your wedding decor:
Condition
The condition of your wedding decor is a crucial factor in determining its resale value. If your decor shows major signs of wear and tear or has been damaged in any way, it may not be worth much to potential buyers. On the other hand, if your decor still looks new and has been well taken care of, it will be more valuable to buyers.
Popularity and Trendiness
The popularity and trendiness of your wedding decor can also impact its resale value. If your decor is currently on-trend or in high demand, it will likely be more valuable to buyers. For example, floral arches and greenery walls are currently popular wedding trends. If you have these items, they may sell for more than other, less popular items.
Original Retail Price
The original retail price of your wedding decor can influence its resale value. As a general rule, buyers typically expect to pay less for used items than they would for the same items brand new. That being said, higher-priced items may still have a higher resale value than lower-priced items.
How to Price Your Wedding Decor?
Now that we’ve covered the factors that can impact the resale value of wedding decor, let’s look at how to price your items:
Research Similar Items
Do some research to see what other sellers are charging for similar wedding decor items. Look at sites like eBay, Facebook Marketplace, and Craigslist to get an idea of what people are willing to pay for your items. Make sure to take into account the condition, popularity, and original retail price of the items when comparing them to your own.
Discount from Original Price
A good rule of thumb is to offer a 20% discount from the original price for used wedding decor items. This will give buyers a sense that they are getting a deal and will increase the likelihood that they will purchase your items. However, if your items are still in perfect condition and on-trend, you may be able to price them higher.
Bundles
You can also consider selling your items in bundles to increase their value. For example, if you have several vases or candle holders, group them together and sell them as a set. This will give buyers the option to purchase multiple items at once and may increase the perceived value of the items.
Negotiation
Remember that buyers will likely want to negotiate the price with you, so be prepared to haggle a bit. Set a price that you are comfortable with, but be willing to negotiate if the buyer is interested in the items but not the price. At the end of the day, you want to make the sale and get the items out of your hands.
Conclusion
Reselling wedding decor can be a great way to recoup some of the costs of your big day. However, it’s essential to consider the condition, popularity, and original retail price of your items when setting a price. Offering a discount from the original price and selling items in bundles can also increase the resale value. Don’t forget to be prepared to negotiate with potential buyers. With these tips in mind, you can successfully sell your wedding decor and give another couple the chance to enjoy your beautiful decorations.
FAQ
What to do with wedding decorations after wedding?
Wedding decorations are an essential part of any wedding. They make everything look magical and add to the overall feel and ambiance of the wedding. After the wedding is over, many people may wonder what to do with the decorations they spent so much time and money on. Fortunately, there are several ways to repurpose these items and keep the memories of your special day alive.
One of the easiest ways to repurpose your wedding decorations is to donate them. Many charities and non-profit organizations can make use of your decorations for their own events or to sell them in their thrift stores. You can also donate your wedding flowers to nursing homes or hospitals to bring some joy and beauty to others.
Another great idea is to gift your flowers to guests or staff. You can create small bouquets or centerpieces and allow your guests to take them home as a keepsake. Similarly, you can gift your staff or vendors with the decorations you used to show your appreciation for their hard work and contribution to your big day.
You can also reuse throw pillows, blankets, and linens for your home. If you had custom-made items for your wedding, reuse them in your living spaces or even in your bedroom. You can even light the lanterns you used for your ceremony or reception to add ambiance to your indoor or outdoor living spaces.
Hang your mirrors on your walls, or display rugs in your hallway or foyer. Family photos used for decorations can be added to your gallery wall, while candles can be reused during future events.
Finally, you can consider selling your wedding decorations online. Sites like Facebook Marketplace or eBay can be great places to sell gently used decorations to couples planning their weddings. This can also help you recoup some of the costs associated with your wedding.
Repurposing your wedding decorations can be a fun and meaningful experience. It can help you preserve the memories of your special day and add beauty to your home or community. Consider donating, gifting, reusing, or even selling your decorations to get the most out of your investment and keep the magic of your wedding alive for years to come.
What can I sell for weddings?
There are many things that you can sell for weddings if you have a creative mind and some crafting skills. One popular wedding item that you could sell is wood signs. These can be personalized with the couple’s names, wedding date, and a special message or quote. Another popular wedding item is wooden puzzles, which can make a great interactive guest book for the reception. Personalized jars are also a great wedding item, which can be decorated with the couple’s name, wedding date, and special design or message.
If you enjoy crafting, you could also make shadow boxes for the couple to display their wedding items, such as their invitation, photos, or other memorabilia. Wooden trays for coffee tables are another popular wedding item, which can be decorated with the couple’s names and wedding date. Drop boxes are also a popular option that can be used as a unique and beautiful alternative to traditional wedding guest books.
If you have experience in graphic design, you could also consider selling wedding invitations and thank you cards. This is a great way to showcase your creativity while helping couples prepare for their big day. In general, there are many creative and unique items that you could sell for weddings, and the possibilities are endless.
Is it cheaper to DIY wedding decorations?
When it comes to wedding planning, one of the biggest expenses is often the decorations. Fortunately, there are plenty of ways to cut costs without sacrificing style. Many couples opt to DIY their wedding decorations to save money and add a personal touch to their big day.
There are several benefits to making your own decorations. For one, you have full control over the materials you use and the overall design. You can tailor your decorations to fit your personal style and the aesthetic of your wedding. Additionally, DIY wedding decorations can be a fun and meaningful project for you and your partner to tackle together in the months leading up to your wedding.
But the biggest advantage? Cost savings. By sourcing your own materials and putting in a little bit of elbow grease, you can create beautiful wedding decorations for a fraction of the cost of buying them pre-made or from a wedding supplier.
Some examples of DIY wedding decorations include centerpieces, aisle markers, and seating cards. For centerpieces, you can use simple items like candles, flowers, or branches arranged in a vase or jar. For aisle markers, large ribbon bows and long ribbons with some little silk flowers tucked in can provide a simple yet elegant touch. As for seating cards, you can create your own with cardstock or paper and a printer, or you can use small objects like shells or succulents with handwritten name tags.
Of course, when considering DIY decorations, there are some potential downsides to keep in mind. For one, it can be time-consuming to make all the decorations yourself, especially if you’re not particularly crafty. You also need to factor in the cost of materials – while making your own decorations can be cheaper overall, it’s not always the case if you end up spending a lot on high-quality materials.
Diy wedding decorations can be a great way to save money while adding a personal touch to your big day. By planning ahead, sourcing affordable materials, and keeping things simple, you can create beautiful decorations that will make your wedding truly special. Just be sure to weigh the time commitment and materials costs carefully before committing to a DIY approach.
