Finding products you can buy cheap and sell high is a lucrative talent. Ebay is the perfect online selling forum to carry out this process commonly known as flea market flipping.
There are countless unused items that you would have never expected to become collectibles. It may be worth searching what their worth is online!
We’ve all seen the shows on TV where someone gets a high price for an item they thought was worthless. It’s not as difficult as you may think to turn someone’s trash into a treasure. Here are some tips and tricks on how to make money flipping using Ebay.
Flea Market Flipping Course
Keep in mind that this blog post will only scratch the surface of flea market flipping strategies and information. To really delve into the possibilities of making a supporting income, you will need to be willing to invest in resources that will get you to your goals.
If you want to learn from professional flea market flippers Rob and Melissa, I recommend sitting in on their free online workshop.
This couple earned $133,000 in sales in their FIRST year of flea market flipping. They want to teach you how to do the same in as few as 14 days.
- Five indications you could be a great fit for flipping/reselling items.
- How flipping can set you free from 9 to 5 job responsibilities and still provide financial security.
- Three little-known secrets from a successful flipper that can help you scale your profits.
How to Find Profitable Items to Sell on Ebay
The first place to start when preparing for Ebay flipping is to know what items to sell. Knowing what items sell high and what categories are popular is half the battle.
Flipping success requires preliminary research on this information.
An easy way to choose what to sell is to use Ebay’s advanced search:
- Enter a search term like “jewelry”, “women’s shoes” or “electronics.”
- Check the box next to “sold listings” in the search options.
- Input your target price range. Try $100 to $250, for example.
- Select “Search.”
Using this search method, you can pull up a list of items that sold within a specific price range. This will help you determine what items sell on Ebay most frequently. Knowing what items flip easily allows you to start your own profitable business.
Related:How to Flip Money
Where to Find Things to Resell Locally
After finding what things to resell, search for local places that sell those items cheap.
1. Garage Sales
You can often find bargains on nice items when you visit garage sales in your area! From rare antiques to up-to-date electronics, garage sales often have the best deals.
2. Flea Markets
Many towns have flea markets once per week. Check your local newspapers and Facebook groups to determine if you have one nearby. Try to arrive at opening time to get the best deals.
3. Thrift Stores
Second-hand shops make an effort to sell their items for a reasonable price. The greatest finds are those that pricing staff do not know the full value of. Here is where your list of items selling on Ebay comes in handy.
4. Antique Stores
It is not as easy to find items to flip at an antique store, but that doesn’t mean it can’t happen. With smartphones, it’s easy to look up the value of an item in real time.
5. Your Own Home
You can even sell unwanted items for a profit from your own possessions. If you’re anything like I am, you probably hold on to things that are valuable but of little use to you anymore. Reinvest the money you make on these first few items and snowball your income as you use this money to grow!
Your flea market flipping success will depend on how much you spent on your inventory in the first place.
Related: How to Start an Etsy Shop
Garage Sale Finds Worth Big Bucks
The best money makers at flea markets and garage sales are items like tools, jewelry and vinyl records. Outdoor equipment such as kayaks, lawnmowers and jet skis are also good finds if purchased for the right price.
The best way to find garage sale finds worth big bucks is to do a live search on your smartphone while you shop. This will quickly tell you how much money the item (or similar items) are currently selling for on Ebay.
Knowing the best items to flip on Ebay will tell you what to buy at garage sales and flea markets to sell on Ebay. Things like children’s clothes, books and old furniture are flea market items that don’t sell easily for a profit. Becoming a successful flea market flipper depends on your research of items and knowledge of the trade.
Flea Market Flipping
While many garage sale treasures abound, there are also a lot of great flea market items to consider. Flea market flipping can be very profitable since there are odds and ends items sold in bulk at low prices.
A flea market is a place to find hundreds of garage sales taking place on one big property. Some vendors sell new items while others sell second-hand.
To be a successful flea market flipper, you will need to research, beat the crowds and haggle with sellers. At the end of the day, vendors want their inventory gone and will often sell for a reduced price. This same logic applies to garage sale flipping so don’t be afraid to make low offers. The worst they can say is “no.”
How to Make Money Flea Market Flipping
Gather your great garage sale and flea market finds and do some research on their actual worth. Do the same Ebay search you did earlier but apply that search to each specific item you want to flip for cash.
Make sure to price your items in a range where you will make a profit, but won’t take months to sell. It’s okay to do a little trial and error until you’ve mastered your pricing strategy.
Related:How to Make $3,000 a Month
Flea Market Flipping Expenses
Always remember to account for shipping costs such as freight, packaging and handling when selling items on Ebay. Also, keep track of the days and hours you spend searching for your great garage sale and flea market finds. Your time is worth money as well!
Garage Sale and Flea Market Flips
Once you’ve done a few garage sale flips and flea market flips, you will start to see a pattern of what works. Once you find your pattern of success, stick to it.
Keep searching for garage sales in your area and hitting up your local flea markets for those hot items.
When the seasons change and garage sales and flea markets are few and far between, take your shopping back into thrift stores and antique shops. Many great items can be found here as well.
Easiest Things To Sell On Ebay
Keep in mind that the easiest things to sell on Ebay are not always the most profitable or high priced items. Even if they give a lower yield, you can still sell in volume.
As your income and experience grow, you can then move away from low-profit items and focus on sales that will bring in more than $50 per item.
Even some of the easiest things to sell on Ebay won’t sell if you’re not willing to put in the extra effort. That said, make sure to keyword each product listing thoroughly so that buyers can find your sale items. Adding keywords to the title and description will put your listing in front of buyers searching for what you sell.
Related:Best Things to Sell on Etsy
Questions About Flea Market Flipping
If you still have questions about flipping items on Ebay, that’s a good thing! Unless you have been doing this for quite some time, you’re going to find it a little overwhelming. If it were too easy, everyone would be doing it and it would no longer be profitable!
Make sure to start your flea market flipping strategy on the right foot. Grab a seat in Rob’s free online workshop!
Good luck flipping items for profit on Ebay!