Do you love to shop thrift stores?
Do you know a good deal when you see one?
Reselling thrift store finds is a huge business.
Search YouTube, and you’ll find several channels devoted to this income-generating activity.
Sounds too good to be true, doesn’t it?
The idea of getting paid to shop is many peoples’ dream.
Well, if you know what you’re doing, it can be a reality.
Let’s look at how to flip thrift store finds for a profit.
Reselling is one of the ways I am trying to make money from home.
How to Make Money Reselling Thrift Store Finds
Choose Your Areas of Expertise
Here’s the thing.
It’s impossible to know what to shop for in every category.
Most sellers have one or two categories they stick to.
For example, you may choose to shop for clothing and accessories because you know which brands are high-dollar.
Drill down even further and only look for vintage clothing and accessories.
It’s much, much easier to stick with one or two categories than try to hunt down every item that might sell.
Check the Numbers Before You Buy
You can easily add the eBay app to your smartphone and search to see what items have sold for recently.
The price will let you know if an item is worth buying for resale.
You want to shoot to at least double your money on all purchases.
This number is after you consider shipping and fees.
This extra step takes time but can prevent wasted money.
Be Willing to Put in a Bit of Work
Sometimes you’ll find fantastic items that just need a little love.
For example, you might find a high-dollar brand handbag that has a stain.
This stain usually means you’ll score the item for cheap.
If you know how to get that stain out, you’ll be able to flip that item for a nice profit.
The same goes for electronics.
If you know how to fix something, you can make more substantial profits.
Give Items a Good Cleaning
You want items to look their best before posting.
Wipe down surfaces, wash clothing (if needed), etc.
If an item needs professional cleaning, find someone who has cleaned that item before and knows how to do it properly.
An example of this would be a painting that needs a bit of restorative cleaning before being sold.
Take Clear Pictures
You want to take as many pictures as the site you’re selling on will allow.
The more pictures, the better.
If the item does have any defects, take pictures of them.
You want buyers to be aware of exactly what they’re getting.
Be sure to have the best lighting possible when shooting your photos.
List on the Right Sites
There are several sites you can list items for sale.
The key is post items to the sites that they’re most likely to sell on.
For example, many people sell clothing on eBay but don’t forget about the Poshmark app that is specifically for selling clothing and accessories.
Amazon is another great place to resell thrift store finds for a profit.
If you’re serious about this business, download the Amazon Seller app that will help you determine which items are selling or in demand on Amazon.
You can merchant fulfill or use Amazon FBA (fulfillment by Amazon) which means you ship a box of many items to Amazon and they take it from there.
You can make quite a bit of money shopping thrift stores and flipping those items.
The biggest thing is to know what you’re buying and if it will sell.
Try your hand at it and see what happens.
Start with $100, or whatever you can afford, see if the items you buy generate enough return to keep going.
If so, invest what you made on more items.
Soon, you’ll have a successful business or side hustle.
Have you ever tried reselling thrift store finds for a profit?
Tuesday 29th of May 2018
I love shopping at Thrift Stores. My daughter would like this advice because she often sells her unwanted items.