Maximize Your Earnings: Reselling Clothing and Accessories
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Chapter 1: Introduction to Reselling
Are you interested in becoming a reseller? The key is identifying the right products, and it can be quite straightforward!
When exploring thrift stores, flea markets, and yard sales, keep an eye out for items like:
- Shoes
- Clothing
- Accessories
- Athletic footwear
- High-end designer bags and backpacks
- Winter jackets, boots, sandals, and swimwear
At garage sales, here’s a crucial tip:
Many sellers often display signs with listed values from eBay. However, be cautious, as most of those are merely listed prices, not actual sales figures. To uncover the genuine value, utilize eBay’s Advanced Search feature. Click on the Advanced tab in the upper right corner, input your keywords, select "Completed and Sold Items," and click Search. This will reveal the actual selling prices. If you feel compelled to put up a sign, ensure it reflects what items genuinely sell for on eBay.
This approach will undoubtedly enhance your sales. If I attend a garage sale with reasonable pricing but find an item that’s slightly higher, I’ll still consider purchasing it if there’s potential for profit. If your aim is to declutter, display the sold amount on eBay alongside the item and reduce the price accordingly. This strategy could lead to bulk offers for specific items. However, if you possess a special collection hoping to attract collectors, it’s best to maintain your price.
When You Finally Acquire Your Desired Inventory:
- Source your inventory
- Clean the items if necessary
- Photograph your inventory
- Edit the photographs
- Store your inventory
- List your inventory
- Sell your inventory
- Pack your inventory
- Ship your inventory
Where to Sell Online?
EBAY
eBay is a reliable platform for selling used items online. You can list any product for bidding or set a fixed price. While you benefit from seller protection, be mindful of the fees, which typically range from 10-15% of the final sale price.
CRAIGSLIST
Selling on Craigslist can be a bit tricky since it requires in-person meetings. Always prioritize safety by meeting in public places. You can sell virtually anything through Craigslist.
FACEBOOK MARKETPLACE
Facebook Marketplace is another excellent venue for selling used items. You can choose to sell locally or offer shipping options for non-local buyers. Nearly anything can be sold on this platform.
VARAGESALE
This platform allows for local sales while verifying users through Facebook. You only interact with other verified individuals, making it a safer choice for transactions.
ETSY
Originally focused on handmade goods, Etsy now welcomes a broader range of products. You can sell various items, paying a fee for each listing along with 6.5% of the listing price. It’s surprising to see vintage coins and other unique items successfully sold on this site.
In this video titled "Make $1000 a Month On Poshmark Fast (My Top 10 Reselling Tips For Beginners)," discover essential tips for beginners to effectively resell on Poshmark and maximize monthly earnings.
The second video, "MAKE $1K PER MONTH Reselling Online on Poshmark & eBay: 5 Reselling Tips - Best Side Hustle for 2021," provides valuable insights into successful reselling strategies on popular platforms like Poshmark and eBay.