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How to Find Things to Resell for Profit

(2 votes, average 5.00 out of 5)
Written by Sheila M   



How to Find Things to Resell for Profit

Intro: Finding a treasure at a garage sale, online, or in your basement is always great feeling. If you start to learn what to look for at garage sales you can find things you can resell for a profit. Follow these steps and suggestions to learn how.

 

Step 1: Start researching the best products to resell. Some products will earn you a higher profit margin and are worth your time. For example, you may want to start buying and reselling jewelry or antiques. In this case, you will need to learn the ins and out of the jewelry business and/or the antique business. Once you are knowledgeable, you are ready for the next step.

 

Step 2: Start shopping for the items you want to purchase cheap and resell for more. Start searching for items at garage sales, flea markets, or in the classifieds. Try using online classifieds such as craigslist.org. You can find almost anything on craigslist and it is free for people to use.

 

Step 3: Now that you have found the item you think you can get more money for, resell it! I would try to put it on EBay and let it be bid on for 30 days. You can set up your own shop at a flea market or have a garage sale. If you know someone who wants a particular item, you can immediately sell it to them. If not, then you’ll have to try and sell it elsewhere.

 

Tips: When buying items from craigslist or from a flea market, there is always room to negotiate.

 

Save yourself some money and offer them less. The less you pay for something, the higher your profit margins.

 

Warnings: There is always a risk involved when buying things to resell. You may not always turn a profit on every item, especially at first. As you get better at it, you will start to turn a larger profit.






Comments (1)add comment

charlotteh said:

charlotteh
...
This is an excellent article lots of people are doing this for full-time income. This article gives an effective way of doing so. 5*s
 
May 12, 2009
Votes: +1

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