![]() Personally, after a year and a half of re-selling items on eBay, and more than $50,000 worth of items, I lean towards electronics but still don’t have a specialty. ![]() In time, you’ll naturally gravitate towards a niche or category of item. If you’re persistent and stick to data-driven decisions, using eBay sold listings, you will start to see a pattern with items that have a high re-sell value. When it comes to re-selling the best skill is general knowledge and developing an eye for what high valuable items look like. Don’t assume that the small plush is worthless, because it might be a rare Jellycat plush that sells anywhere from $50 to $900. Always keep learning, there’s money everywhere – The truth is that there’s money everywhere. Your goal is to find items that can sell quickly, even if it means less profit.ĥ. But, if the last few sales are weeks or months apart, that’s a sign that there’s not enough demand in the markets. If there are weekly sales for the item you’re buying, that’s a good sign. The best way to do this is to check eBay Sold Listings. Look at the recency and frequency of eBay Sold Listings – To avoid buying an item that’s going to sit in your storage for weeks or months, make sure to check that there are people buying the item you’re sourcing often and recently. There are plenty of items like this out there, so don’t be discouraged if you make a bad purchase here and there.Ĥ. Look for small, lightweight and easy-to-ship items that re-sell for at least $30. Anything over 1 pound will require USPS Priority Mail or UPS Ground, which can easily cost $9 to $20 based on the size and weight of your item. The cheapest shipping option is USPS First Class (for items under 1 pound) which typically costs $4 to $9. After fees and shipping, it may not be worth your time. Avoid large and heavy items if they’re not worth more than $40 in the re-sellers market. ![]() Consider Shipping Prices – Shipping can be expensive. This can really cut into your profits, so make sure to consider this when you’re sourcing.ģ. Take 10% off the top of sold prices/comps to account for fees – When selling on online marketplaces like eBay and Poshmark, they can take up to, or more, than 10% in selling fees. ![]() Download the eBay app and use the camera and/or barcode scanner to find valuable items – When you look up an item, use Filters and sort by Sold Listings to see the actual price buyers are willing to pay for the item.Ģ. While it’s not every day you’ll score an opportunity to profit like this, it’s definitely not “rare” by any means.ġ. With so many different areas of expertise, most people can overlook high-valuable items that you can buy for $2-$5 and re-sell for $50 or more. If you’re near a Goodwill Outlets that sells an assortment of merchandise, such as clothing, toys, electronics, home goods, and more, this is an easier environment to source items you can flip for a profit. Best Tips for New Re-Sellersįor new re-sellers, clothes can be a challenging first niche to sell online if you’re coming in with no previous knowledge on valuable brands, trending clothing styles and/or vintage clothes. Whether you’re an experienced re-seller or you’re just trying to make a little profit from your thrifting hobby, there’s always an opportunity to find items to flip for a profit when you dig through the Goodwill Bins. Re-sellers love Goodwill Outlet because it’s the best way to find items you can re-sell for a profit for cheap. Not all Goodwill Outlets offer furniture, but some do (and you can find great pieces for cheap). Bring a measuring tape – If you’re shopping for furniture, bring your own measuring tape to make sure the furniture fits your space. In most cases, there’s a lot of trash in the bins and the bins aren’t cleaned, not to mention the actual clothes aren’t washed.ĥ. Bring Clorox or disinfectant wipes – Most Goodwill Outlets can be pretty gross and unsanitary. This is a pro-tip from experienced re-sellers as it’s always good to test your items before purchasing.Ĥ. Bring a set of batteries – To test toys and electronics, bring a set of AA and AAA batteries. If you’re a re-seller, it’s recommended that you bring two bags because you never know how many great items you’ll find.ģ. To save time, bring a large tote bag (like the IKEA bags below) that are durable and can hold a lot of items. Bring large shopping bags – In a sea of competitive shoppers, shopping carts can go quickly. Some Goodwill Outlets require gloves and will charge $1.99 for gloves at the entrance if you don’t come with your own.Ģ. Make sure to bring gloves – Based on hundreds of Google Reviews, Goodwill Outlet shoppers say that gloves are necessary to protect yourself from sharp objects in bins and to stay sanitary.
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