I love your idea to have your booth theme based off of a book or movie! To me this sets your booth apart from others and actively keeps your customers and KZbin followers engaged and excited to see what you create next. Such a fun way to infuse your business with creativity and spark joy for yourself and others! I have a booth in a busy mercantile in Savannah Ga and my rent is also based on sq. footage but my rent rate is higher than grit and grace and the booth spaces smaller here. All that to say my rent costs less per month and my booth is space is much smaller (8x10) if my memory is correct. I pay a 15% commission on every sale as well as my monthly rent. I think having a smaller booth forces me to make every inch count because I want my booth to provide a fun and engaging shopping opportunity for others as well turn a significant profit for me. I’m happy to say that it does so consistently with the occasional month or two each year with slower sales (for me that’s usually July and August). I wish there was an easy way to track inventory and cost of goods. I have monthly ledgers, one for expenses (rent, office or storage space expenses), another for inventory costs, a third to record sales and income. I also record every item I purchase so I know how much it actually cost me - this really helps me with pricing. If we don’t accurately know what our business expenses and inventory expenses are how can we really know what our profit is?! Knowing our sales number each month is just a sliver of the pie. If you know your expenses it will help you be more strategic, efficient and more profitable. You do such a good job finding items for your booth and your videos are fun to watch. You clearly put a lot of time into your business and it shows! I wish you great growth and higher profits in 2025! You’re doing good work, thanks so much for sharing your journey with us!
@AmeliaStGermain16 күн бұрын
So excited to see how your booth space & refillery keeps growing and doing better and better!!!!
@jodihicks249113 күн бұрын
Thank you for sharing your sales information! I'm a vendor at an antique mall in Michigan and am only a couple of years into my journey. It really helps to get input from other resellers in order to have some idea of what is working and not working. I'm a new subscriber and am loving you channel!!
@lisacestkowski180518 күн бұрын
Thanks for sharing! I haven’t broken down the numbers on my booth yet for the year, but now I’m motivated to do it.
@poodlegirl5519 күн бұрын
When I had a booth I noticed that if I was early putting out Fall and Christmas I sold more. People bought way more Fall in September and more Christmas in November. Lots of people like to decorate for Christmas on Thanksgiving weekend. I had anothe booth owner make a snide remark about how early I put out Christmas but when she put hers up in December she hardly sold anything.
@richaelblewett506819 күн бұрын
I agree with you totally! The owner of the store where I have a booth encouraged me to put out my Christmas stuff in the second week of November. I followed her advice and did a phenomenal amount of sales. I had to restock twice! 😂
@gildedgoodsvintage19 күн бұрын
It can be a balancing act, but earlier is better for sure! Look at the big box stores, there is a reason they get their inventory out so soon and follow a pattern for when they discount seasonal products. We can learn from that, but maybe not have the need to replicate it to the extreme they do. I think you are on the right track with fall and Christmas. I personally love putting spring out at the end of February, Summer out in May, Fall in August and then Christmas in November before switching to a more neutral winter/base booth theme.
@amandasmercantile18 күн бұрын
A great breakdown Amanda! Looking forward to what 2025 has to offer
@gildedgoodsvintage18 күн бұрын
Thank you! I think 2025 is shaping up to be a year of refining the processes in each area! Hoping I can put a trip up to Virginia on the calendar too!
@b.l.wilson972418 күн бұрын
This was goooood stuff! The refillery really took off! I love seeing numbers in this way😊 It all made sense to me😊
@gildedgoodsvintage18 күн бұрын
I'm so excited about the refillery too! It's been a fun adventure!
@karens320919 күн бұрын
Thank you for the year’s breakdown, especially the numbers in categories. Also trends you experienced. I’m thinking about a booth space and the best location. I have so much inventory I have to sell it. I get so much information watching your videos. Love the re-sets. Have a very Merry Christmas and a prosperous New Year!
@gildedgoodsvintage19 күн бұрын
I have some videos coming up that might really help you! One specificly on booth locations and considerations when looking at different rental spaces. Having inventory is a great place to start! And honestly what I really need to be focusing on soon.
@vintagebloom957719 күн бұрын
Amanda thank you for sharing. I too am working on breaking down my sales by monthly categories. One thing I have noticed in our antique mall where I am a vendor and clerk and that is Christmas sells early. It was selling end October on. I have been a vendor since 2019 and I am still learning and growing. Happy New year
@gildedgoodsvintage18 күн бұрын
Yes! Early is better. I think a lot of people would be able to sell Christmas in October. I try to hold on to fall for as long as possible since it's my favorite season. 😅
@robincivis950118 күн бұрын
Oh boy!!! I see more sourcing vids in our future!!👏👏
@gildedgoodsvintage18 күн бұрын
Lots more! I need so much stuff right now.😱
@diycornerthrift19 күн бұрын
I appreciate you sharing. It made me take a look at my booth. I too need to be more consistent with inventory thru the year
@gildedgoodsvintage19 күн бұрын
Sometimes we just want to have fun with it, so it makes booking a bit tedious. Though I love having the data to refer back to and to learn from. Maybe you can find some insights for you space!
@diycornerthrift4 күн бұрын
@ what app or program do you use for tracking?
@susanrandle226015 күн бұрын
Congratulations on a successful 2024! I’ve really enjoyed your videos. I appreciate your end of year breakdown of expenses and profits. Did your end of year booth profit reflect rent, commission, and cost of goods (inventory)? I have a booth in Birmingham, AL and my most popular items for 2024 were artwork, brass, bar ware, colored glassware, and uranium glass. Wishing you an even more profitable 2025!🎉 You’re doing a fantastic job with your booth, refillery, and KZbin channel!💯🥳🙌
@AbigailGracex819 күн бұрын
Great information!
@gildedgoodsvintage19 күн бұрын
So glad it was useful!
@KatherineYoung18 күн бұрын
My booth is usually a break even situation. But I really enjoy the people and learning. I am hoping to do more of the 'reset' idea this coming year. I haven't had the capacity for that kind of time yet.
@gildedgoodsvintage18 күн бұрын
When I actually calculate in rent and sourcing expenses a good estimate for what I actually profited is a little over $1000. I'll have to actually sit down a do the numbers, but I like doing the booth for a little extra money and because I simply enjoy the creative outlet. I think a lot of booth vendors are that way!
@alisabrown293019 күн бұрын
Good information! Thanks for sharing & best of luck in 2025!
@gildedgoodsvintage19 күн бұрын
Thanks so much! I'm excited to see what we can accomplish this next year!
@patfortner806919 күн бұрын
Thank you so much for all the information! You are amazing!!!
@gildedgoodsvintage19 күн бұрын
You’re too kind! Thanks for watching.
@angelamartin300519 күн бұрын
Nice job! Love watching what you do & for sharing financial information!@😊
@gildedgoodsvintage19 күн бұрын
Thank you so much! Sharing that information helps me stay accountable for my goals and I hope it helps others too! Plus I can go back and look how far I've come at the end of next year!
@BernadetteR-h9u18 күн бұрын
Interesting video, thank you. Can you talk more about the refillery...I have never heard of this.
@gildedgoodsvintage18 күн бұрын
Sure thing! I'm doing a refillery tour and can talk more about the concept!
@JLoz185218 күн бұрын
Keep going girl! Get sourcing the more you have for sale the more you sell🙌🏻🙌🏻 proud of you and your Sis
@gildedgoodsvintage18 күн бұрын
Thank you for the encouragement! You're right, the more I have the more I sell, and I'm always on the hunt for new inventory! Hopefully more frequency and better luck for 2025!
@JLoz185217 күн бұрын
@ come to NC 🙌🏻🙌🏻
@GardensDelight18 күн бұрын
Great video. Loved your resets. Thank you for sharing!
@gildedgoodsvintage18 күн бұрын
Thanks for watching! I think this year's resets will be really awesome.
@trinasthings18 күн бұрын
I’m not a reseller but if I was I would probably just do a booth so thanks for explaining this all so thoroughly.
@beccariddle19 күн бұрын
So helpful for me. I’m 18 months in and it’s amazing to me how smalls save the month! Thanks for the transparency for the good of our businesses. Video ideas: I would love to see how you store inventory. Especially holiday or seasonal specific. Also would love creative ideas on price tags that are readable and don’t distract from the display. We can’t use sticker so I’m taping tags on things sometimes and it can look messy. Help!
@gildedgoodsvintage19 күн бұрын
I'm glad the video helped! It's easy for people to justify items under $10, which is why the low cost smalls are so handy. I also noticed that $12 to $16 price points did really well this year for me. That's a great idea! I feel my tags can get in the way as well, but I try to stick to something that fits the aesthetic of the booth. I'll look around at some other creative options from vendors and see if I can put something together!
@steveschumacher547019 күн бұрын
Keep up the good work and 2025 will be an awesome year for you. Thanks for sharing with us. Jo
@gildedgoodsvintage19 күн бұрын
Thanks for the encouragement, Jo! I'm excited for it!
@Twistedvintage19 күн бұрын
Just found your channel. Thank you for sharing!
@gildedgoodsvintage18 күн бұрын
I'm so glad you found us!
@katt689419 күн бұрын
I think you're one of the few resellers who doesn't have enough merchandise. More often than not I hear story after story of how resellers are swimming in merchandise or trying to get rid of their death piles. It's definitely a balancing act to get it right.
@gildedgoodsvintage18 күн бұрын
It would be nice to try and shop some doom piles! Sourcing here recently has been difficult and it doesn't help that I'm trying to be picky with what I grab. 2025 will be a lot about going more frequently and really trying to hit estate sale. Can be hard when I work most weekend.
@champagnemommy19 күн бұрын
You should add vintage purses and jewelry to your clothing area. People love accessories! They seem to be the equivalent of ‘smalls’. Retail boutique here, in Colorado.
@gildedgoodsvintage19 күн бұрын
Love that! I had one or two purses this year and just asked to bring in vintage jewelry! Super excited to see how it does and glad you suggested it! Makes me feel like it's a good direction to go.
@champagnemommy19 күн бұрын
@@gildedgoodsvintage. Glad to hear that! I really appreciate you sharing your sale information. I love seeing how trends are similar or different, it’s so interesting. I’m so happy you are doing well,, you have great taste and ideas for business. Keep it up! 😊
@Bobsmyaunt19 күн бұрын
I'm impressed with your organizational skills. I am curious if you also record the cost of your regular booth inventory purchases (thrifting) and if those expenses were reflected in your net earnings. I don't know if I should count all of the purchases for this year's expenses or just the ones that sold. If that makes any sense, how do you handle that?
@gildedgoodsvintage19 күн бұрын
This didn't reflect any of my expenses this year. I honestly haven't been great at tracking my thrifting expenses. 😅 I'm planning to track it much better this next year. But when I do calculate things, I choose to only calculate based off the expenses of the items that actually sold. The rest I keep in an active inventory log and then have potential sales estimates to go with them. Sometimes it can take awhile for things to actually sell, which makes it even more difficult. I've had things sit for 2 years before finally finding a home. I might try and do a video on inventory management to go over this a bit more in depth for the January video challenge.
@tfntexas19 күн бұрын
I would love a video with information about organizing and keeping track of expenses as far as your antique booth. I’m not very good with that type of stuff. Thanks for all the info!
@Bobsmyaunt15 күн бұрын
I'm about the same as you with the expense records. Must. Do. Better. 😊
@lisapellitier245019 күн бұрын
Happy new year 🎉
@gildedgoodsvintage19 күн бұрын
Happy New Year to you too! 🎉
@johnblake708419 күн бұрын
Amanda, great recap, I have a question, you mentioned in Jan you didn’t pay into rent, do you pay a monthly rent or is it based on sales?
@gildedgoodsvintage19 күн бұрын
Rent is monthly based on square footage. These numbers were just sales minus commission, which for us is 10% of our gross sales. For a better idea of what I made each month in the vintage booth I still need to subtract my $250 rent and expenses. For this year, some months were negative after rent and expenses, but overall came out with a profit.
@libertyandjustus825817 күн бұрын
@@gildedgoodsvintageYour rent space is an awesome price. I have a booth half your size and that what I pay !