July 10, 2016 Are You A Good Candidate for Flipping Flea Market Items for Profit?
Do you love browsing through thrift stores, yard sales and flea markets? Have you ever considered selling some of your treasures online to make a profit? Maybe you have been following our adventure for a little while and are thinking you would like to flip items for a profit like we do. So how do you know if you would be a good candidate for flipping flea market items for profit?
Let’s dig in a little to your personality, goals, and passions. We have to start first with our opening question.
Do you enjoy going to yard sales, thrift stores and looking through flea market items?
If you do then this might be something you would really enjoy doing. If you don’t, then I wouldn’t recommend getting into flipping flea market items for just the money. Enjoying the process is part of why I am successful at this business. I love the history behind some items, and I love finding things that I have no clue what they are! Probably my favorite part of the whole thing is the hunt for something I can get at a good price and make some money on it. Each weekend I am energized by the thought of what I could possibly find at the flea market that day and I spring out of bed ready to head out the door. I could also scroll through several selling apps all day, just because I love looking through everything people are selling, with the potential of finding something good.
What are your monetary goals per month?
Are you looking to make an extra $100, $500, or $1,000 per month? Or maybe you want to invest a little more time and make $4,000 – $6,000 – which is my monthly average. These are all completely doable numbers, all depending on the amount of time you invest in yourself. If your goal is a million dollars this year, than flipping flea market items might not be your vehicle to do it, but what would an extra $500 a month do for you and your family? Or an extra $1,000? You set the limit on what you want to earn with this.
Do you have access to a smart phone? Or a computer and a camera?
Technology has made buying and reselling so much easier than it used to be! You can do just about everything you need to from your smart device. I use my phone for researching items, looking for items to buy, taking pictures, posting my items, and communicating with my buyers. If you don’t have a smart phone then you can use a camera and computer. That is how I used to do it back in the day before smartphones. I started using eBay a year after it began- way back in 1995. 🙂 If you don’t have a smart phone, you can actually use some of the newer cameras that have internet access, and can upload pictures straight to the platform you are selling on.
If flipping items for profit interests you, check out our FREE 5 day e-mail course to see if flipping could be a good fit for you!
I WANT TO HEAR FROM YOU!
What are some of the things keeping you from selling on eBay?
*Featured Image is from 123RF.com, and Pin Image is from deposiphotos.com