Buying items to re-sell for your website or on-line auctions site, can be a bit difficult, not to mention expensive. When you are first starting your business, the last thing you need, is to spend a fortune on products and shipping fees. True, there are many drop shippers you can partner with, but how many other people are using the same company? If you really want to start making money on-line re-selling products, you need to look and buy from “unique” places. Some of the below methods will require some time and research on your part, but with a little practice and determination, you will learn some short cuts to help you succeed.
Yard sells and flea markets, The early bird does not always catch the worm. In order to get the best deals you should be early and late. You will want to go early to buy the high ticket items, and you will want to go late and buy everything. The reason why most people have a yard sale is to get rid of all their stuff they no longer use. So, if by the afternoon they still have a ton of stuff left, you could offer them a little bit of money and buy ever thing. It easy very common for someone to sell a truckload of toys for $10.00.
Department Stores and Outlet Stores, to make your searching a little bit easier, sign up for email notification from all the major stores. When they have a 15% off sale on everything in the store, it’s time to go shopping and hit the clearance racks. When an item is 50-60% off plus 15% you can really rack up on some huge deals. This method works really will for seasonal items, too. How about buying Christmas cards for ten cents a box, and re-selling them next year for scrap booking or in a huge “lot.
Got a talent? Making your own products to sell is the best way to make money for several reasons. You are cutting out the middle many, you can do custom orders, and if it is really unique, you can set your own price. Offering a unique service, will also follow under this method.
Fix broken items to re-sell. How about placing a local classified ad in the wanted section, asking for “non-working” power tools. On-line auctions are also a great place to find bulk broken items.
Auctions, On-line, Government, Surplus, Storage etc. Auctions are a really great place to get items. On-line auctions are the easiest, but when you figure in shipping charges, you may not come out so good. Storage auctions are the best and cheapest way to buy quality items. You don’t even have to buy a whole unit, most auctioneers will let you bid on just one item.
Classified (on-line and print),You never know what nice items people are going to give away just because they need it out of there way. This is also a good place to find high ticket items that just need a little TLC (cars, furniture, toys, etc.).
Sam’s and Cosco, You can find some super deals at these type of stores as well, and you don’t always have to buy in bulk. You want be able to make huge profits with on-line auctions, but if you have a site or catalog, you could easily double your money.
The above suggestions are only a small part of the big picture. With just a little bit of time and research, you could end up with a huge warehouse full of quality items, that where purchased for pennies on the dollar.
