Selling lower priced items for a profit
Here’s how I sell lower priced items
Have you ever open a liquidated box full of items and think you have a bunch of winners? But then as you go through the items they appear to not be high quality or are knockoff brands? Or they are name brand but you search for comps online and they aren’t selling for a lot of money. If you’re able to sell them on eBay or somewhere online most likely your profit will be eroded by fees and shipping. Here is what I’ve learned so far about these items and how I can sell them for a profit.
Someone wants them – Believe it or not anyone will practically buy anything for the right price. Someone might want a good pair of headphones that aren’t full price or that are not name brand. I recently sold a very well performing dash cam for $30. If I sold it on eBay I would’ve only netted about $10 after shipping and fees. Not only have you made some cash, but you’ve made someone else happy!
Local Stores – Think outside the box and look for consignment stores in the area that might sell similar items. This might work well for larger items or items that could single units at a store. If you have multiples of a certain type of product (i.e. cell phone cases for example) these might also be a good option. If you offer pennies on the dollar for multiples then you might have a buyer. You might also have a buyer for new items down the road!
Garage Sales – as a last option you can sell these types of items at garage sales. I save all items that I can’t sell online or that I can’t sell in general. In the summer, I will have a couple garage sales to get rid of my items. I try to price my items so that they will sell that first day. Usually these items are from auctions where I’ve already profited, so getting any money for these items is gravy for me.
What avenues do you use to make money on items that aren’t easy to sell or make a profit?
-Chris
LiquidationOH@gmail.com