Flipping the ModCloth Liza Luxe Fit and Flare Dress with Pockets
In November 2019, I found three of these ModCloth Liza Luxe Fit and Flare Dress with Pockets new with tags at a CHKD on 25% off day. If you’d like to watch that shopping video, click here. I was super excited when I found them because every lady gets excited when they find a cute dress that has pockets, but also when I checked comps on eBay they were selling for around $40. In addition, they were all the same size so I only had to do one listing, or so I thought, plus I found some photos of the dress (below), so it was minimal effort for the listing.
I cross posted them on Mercari and PoshMark and that’s where they sold. It took nine months to sell all three dresses, and I do think that Covid had something to do with the slow sales. This is a really cute spring dress, but with everything being shut down this spring no needed a new party dress.
I paid a total of $10.32 for all three dresses. After platform fees, I made a total of $79.80, with a total NET PROFIT of $69.48 after subtracting the cost of goods. That’s a return on my initial investment of 673%, so even though it did take awhile to sell them all, I would probably pick them up again and hope we don’t go into another lock down.