How to Determine the Value of Your Item- Part 2- Fabrics

Determining the value of your item will help you set a selling price and my Last Post discussed some basic strategies for finding a selling price. In this post and future posts I intend to get a little more specific about patterns, styles and colours who both maintain and increase in value over time, seemingly regardless of the current market conditions. As I write this, I am convinced that it is a bear market, in terms of after sales. I have been selling things quickly at a discount from market price and I have noticed that items that have been priced at market value have not been selling. The main reason I believe that it is a bear market is that it’s Fall and Lululemon (as well as many other fashion designers) has been releasing many covetous items and serious collectors are stocking up on the new items instead of scouring eBay for deals on older items. This keeps prices low as people don’t have an infinite amount of disposable income to spend on their collection regardless of what pops up on eBay.

Some things retain their value better than others and of course, and I intend to cover as much of this as possible. Keep in mind however, that times change and markets are fluid, not stagnant. There are crazes and trends in this market as there are in all markets.

Let’s get started!

Fabrics: Some fabrics retain their value or go up in value better than others.

Herringbone: Herringbone looks like this:

Example of Lululemon Herringbone Fabric

These came in limited colors, with a few released over the years. They usually get released in Fall/ Winter and are super comfy & warm. They’re very soft. These sell for retail or slightly above anytime I see them at auction.

Pique: Pique looks like this:

Example of Pique Fabric

Pique is also a traditional Fall/ Winter release. It’s exceptionally warm and soft. These also sell well after market. They’re gorgeous and very soft. In my opinion they also maintain their condition better than herringbone, which I find pills more easily.

Both of these traditional cold weather releases retail for between $72 & $82, depending on whether they are full length pants or crops. I often see these selling for around $90 on the Facebook pages. (Don’t know what I’m talking about? Check out my earlier post) On eBay, as of this writing “Lululemon Pique Wunder Unders” sell for between $70 and $120. Lululemon has also made other items in Pique, which also sell well, but I’d like to continue on a more narrow, specific path, for now. Herringbone Wunder Unders are priced the same in retail settings, but perform slightly better on eBay selling for between $60 and $180. I have also seen these sell on the Facebook pages for around $90. Please note, however, that many of the Herringbone Wunder Unders I saw fetching the highest prices were also “New with tags.” Although, in my experience, “excellent used condition” would fetch nearly as much as NWT with the proper advertisement.

Charcoal Wunder Unders

Charcoal fabric has come back again this year, and it’s deliciously soft & silky. I love mine, but they pill incredibly fast. I would only buy these new. I bought a pair on eBay once, and it was pilly beyond belief. Embarrassingly so. I returned them. These hold retail value well, but I’ve never seen them fetch much more than that, and these don’t sell as well as other Wunder Unders used. So, my advice is get them if you like them, but don’t expect them to increase in value.

Here’s an example of the fabric:

Lululemon Charcoal Wunder Under Fabric
Lululemon Charcoal Wunder Under Fabric

How To Determine the Value of Your Item- Part 1

Determining the selling price of your item can be difficult. There are many factors to consider. When I sell, I always want to make sure I’m getting the best price possible, but time is sometimes a factor and I want to sell quickly. For now, let’s assume time is not a factor and that you have a few things sitting in your closet that you want to sell over the next few weeks. There are a few different approaches you can take, depending on your item. The very first thing I do, if I know nothing about an item is use the ADVANCED SEARCH application on eBay. If you know the name and colour of your item or how to find out what it is, which I discussed at length in my Last Post, then you can find out how much your item is worth, in most cases.

Using the all-knowing eBay Advanced Search Tool you can write key words like “Lululemon No Limits tank Pig Pink” and select “sold listings.” Then you can see what that item has sold for recently. This can be a starting point. When I list my items I don’t choose the highest selling price for an item, I try to average it out. You must also consider the condition of your item versus the condition of the items you’re seeing. If yours is NWT, maybe it is worth the highest selling price. You have to use your discretion when listing your item. You don’t want to under sell it but OVER Pricing your items, will not earn you any good will. Trust me it goes a long way.

I sincerely hope that the above helped you find at least one completed listing of your item. Sometimes that doesn’t work because there have been none of the exact same item as you have that have sold in the last  3 months. In this case you can input your search into Google and see if you can find any references to older eBay listings. You can also just use one of your search terms in the eBay advanced search tool like searching only “Lululemon NoLimits Tank” instead of getting color specific. This should get some results, then maybe you can find an average selling price that way. You can also search completed listings (not just Sold ones) to see what your item has been listed for in the past.

If you still can’t find a decent price you might want to try joining The Lululemon Report group on Facebook, most of the time the ladies there have helpful hints. Here is a Link, so you can Join the group! The Lululemon Report

More Strategies on How to Determine the Name and Colour of Your Item

Let’s say you have a shirt. It’s a few years old, but it’s still in good enough condition and you want to sell it because, well, you can. In a Previous Post I talked about Googling to see if you can spot your item in an image search. This strategy woks fairly well for newer items or popular items of items that are so unique that the terms work to find them. But let’s say you have something older and more basic with a few defining features, like a built-in bra and a ruffle on the side, but nothing that Lululemon hasn’t made ten versions of during the 15 years its been in business. You find lots of tank tops and lots of colours similar to yours, but not quite right and as you go through the images further into the results, you start seeing pants and Lululemon Logos and things that really have nothing to do with your search. This can definitely be frustrating. When I first started archiving my collection using PINTEREST, (Your new Best Friend), I spent hours searching for specific types of Groove Pants that I had acquired over the years. More on Specific Styles and their value later. Now when I buy something new I “Pin” the picture and note the Style and Colour as well. Some people note how much they paid, or the retail value. I think if I did that I would probably wonder why I spent my future Condo money on pretty clothes, but I digress.

So, Google isn’t helping you this time. This is when I resort to one of the major Lululemon blogs. If you even know sort of when you bought your item, you should be able to find it, or a version of it on Carolyn’s Lululemon Blog or on Cristina’s Blog. Sometimes Joyce’s Blog has Lululemon on it. For Men’s items I recommend searching Eric’s Blog. To be honest, I am fairly unfamiliar with the resale value of Men’s Lululemon clothing items, but that much of my advice can be applied to it, just none of my expertise. (eg: search tips can be used the same way, but later when I talk about the value of certain colors and styles, know that it applies to the women’s apparel side of Lululemon only.)

All of the above blogs are excellent sources of information, and some of them are entertaining too 🙂

When I search the blogs I check from the earliest time I think I could have purchased the item and I go through the archives and look at every page. Let’s say a few pages in I see the color “heathered ultraviolet” and that looks like the same colour as my tank top. (Keep in mind that I could be wrong but it’s kind of a “throw it at the wall and see what sticks” approach.) So, I search: “Heathered ultraviolet” Lululemon, click “images” and scroll through. There it is! I see my tank top in an old eBay listing and there’s the name too! Perfect. Now I know the Style name and the Colour name of my item. Once I do that, I can go and figure out what it’s worth. More on that later 🙂

 

UPDATE:

I just want to add a link to a fantastic resource. There’s a Facebook group that is devoted to specifically identifying various Lululemon items and if you can’t find something, you can always post a pic here and the ladies of the Lulu nation will help you figure it out.

Examples of Size Dots

Here are some examples of size dots in pictures:

Image
Size Dot inside left (when worn) bra cup on No Limits tank.
Size Dot inside left (when worn) pocket of Scuba Hoodie.
Size Dot inside left (when worn) pocket of Scuba Hoodie.
Size Dot inside left pocket of Dance Studio Jacket
Size Dot inside left pocket of Dance Studio Jacket
Size dot inside built-in pocket in waistband of groove shorts.
Size dot inside built-in pocket in waistband of groove shorts.
Size Dot inside zipper pocket on back of Inspire Crops
Size Dot inside zipper pocket on back of Inspire Crops
Size Dot inside Left pocket of Beach Runner Crop
Size Dot inside Left pocket of Beach Runner Crop
Size dot inside left bra cup slot of Scoop Neck Tank
Size dot inside left bra cup slot of Scoop Neck Tank

Size dots are hiding in some relatively consistent places on your Lululemon clothing. Recently, they have been reducing the number of items having size dots. If you can find the size dot it makes your article of clothing easier to sell as it confirms the size.