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07-05-2019
| Junior Member | | Join Date: Jun 2019
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Activity: 0% Longevity: 28% | | Re: Can you make decent money flipping items from thrift stores?
It depends where you live and what thrift stores you go to. Goodwill stores suck, flea markets are the best.
^ agent006140's advise is pretty good
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07-08-2019
| | Executive [VIP] | | Join Date: Dec 2009
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Activity: 100% Longevity: 83% | | Re: Can you make decent money flipping items from thrift stores?
And about volume and diligence on top of Arde's posting.
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08-15-2019
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Activity: 91% Longevity: 33% | | Re: Can you make decent money flipping items from thrift stores?
The problem with thrift shops is that if there is anything worth selling,the clerks would have bought them.
Some of what they have cost more than new ones you can buy at Walmart.
No one mentioned Ebay,Ebay is the best hunting ground for brick and mortar dealers.
They have a keen eye for things and they can afford to pay more since they have a shop and they always mark them up enough to turn a profit
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08-16-2019
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Activity: 0% Longevity: 43% | | Re: Can you make decent money flipping items from thrift stores?
Yes, you can make good money flipping items from thrift stores, flea markets, swap meets, yard sales, and even junk/scrap yards (auto parts).
Just be prepared to bust your ass and work for it. It's not as easy as it seems, and you need to have a vehicle to move the stuff around (such as a van/truck) and factor in logistical expenses.
I have a friend who lives in Reno, NV and does this on the weekends. He gives me a call every so often to swap stories and tell me his finds. He makes maybe $200-$400 per weekend, mainly visiting a place called the El Rancho Swap Meet. He finds all kinds of stuff which he flips on eBay- it typically involves from 8 to 10 hours per day of real work.
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08-16-2019
| Senior Member | | Join Date: Sep 2017
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Activity: 0% Longevity: 38% | | Re: Can you make decent money flipping items from thrift stores?
In my area, on Craigslist, there are currently 513 items in the FREE SECTION! If someone can't make some decent money from that, they don't need the money bad enough.
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08-16-2019
| | Senior Member | | Join Date: Jul 2018
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Activity: 91% Longevity: 33% | | Re: Can you make decent money flipping items from thrift stores?
There is an article of 2 AMZN third party sellers,when WMT closes its superstores,the markdown could be 35-65 %,
both sellers sell strictly on AMZN,they have no brick and mortar presence.
One went with his brother in law and mother in law,she has a station wagon,so with 3 cars,they loaded up $30K worth of goods to resell on AMZN,they expect 100% gross proft.
The other has a $100k line of credit from local bank,sent 2 employess and a semi trailer,he also expect 100% gross margin.
I would think the second party would have contacted WMT manager in advance they are coming and ask WMT to set up an area with cashier to park and ring up the stuff so not to hold up the lines.
I would sent 2 staff and 2 kids (assistants) so they will have 4 shopping carts,when 2 are filled,the kids will dump the content at the set up area and return with empty carts,
the popular items would be snatched up fast,so doing your homework the day before helps.
Any of you can do the same,with your family,friends.
Think of the shipping cost you save if you have to order from different suppliers.
No need to go to thrift shop,go to Sears,Walmat,JC Penny,
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08-17-2019
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Activity: 91% Longevity: 33% | | Re: Can you make decent money flipping items from thrift stores?
These are established stores on AMZN marketplace,they dont just source from WMT,they source from traditional wholesalers/dsitributors and manufacturers as well.
I have b een selling on different venues since 1990s,THE ONLy time I was asked was someone asked me to sell some Precolumbian artifacts,I have to take a picture of myself with my Ebay ID and my artifacts,plus faxing my passport??
Only on this forum are the sellers asked to show invoice,I know many who sell on multiple venues,they were never asked?
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08-17-2019
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Activity: 91% Longevity: 33% | | Re: Can you make decent money flipping items from thrift stores?
One thing I learn from selling since 1990s is that people do care about quality,and they will pay for such.
Instead of dumpster diving,go to trade shows and see what you can find,
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08-17-2019
| Executive [VIP] | | Join Date: Oct 2016
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Activity: 0% Longevity: 43% | | Re: Can you make decent money flipping items from thrift stores? Quote:
Originally Posted by agent006140 One thing I learn from selling since 1990s is that people do care about quality,and they will pay for such.
Instead of dumpster diving,go to trade shows and see what you can find, | Of course some people care about quality.
I am one of those people. I'd gladly pay a premium for something if I think the item is worth it.
I trade in Numismatics (rare coins) and sometimes come across pieces that are undervalued, or were under graded. There are sellers who have no clue what their stuff is worth, but if you are an expert and know what you are looking for, you can often find diamonds in the rough.
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08-19-2019
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Activity: 91% Longevity: 33% | | Re: Can you make decent money flipping items from thrift stores?
we all have stories of how we find or know someone who have found diamond in the rough or once in a life time deal on Ebay,making everyone wants to try to do the same.
But this is getting harder and harder now,as a new seller will search past and current auction and figure he could do just as well,what he does not realise is those unsold listings are there because buyer wont pay the asking price.
It is not just on Ebay,you can go to a garage sale and the seller has already done his research,he will tell you it sells for $87 on ebay and now you can have it for $65,then you bought and list it at 87,after paying FVF and Paypal fee,how much do you make?
Ditto with thrift shops,the clerks hid the better items so she can buy and resell on Ebay.
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08-19-2019
| | Senior Member | | Join Date: Dec 2018
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Activity: 27% Longevity: 30% | | Re: Can you make decent money flipping items from thrift stores?
You have to go in the small thirft store in the suburb sometime they no have clue of the value, can find intersting thing like vintage.time ago a friend of mine i found an ancient grammophone working . and painting original of french painter
They were left in the dirt hided in a corner , paid Just few hundred euros i think he sold for much more
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08-21-2019
| Junior Member | | Join Date: Aug 2019
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Activity: 0% Longevity: 27% | | Re: Can you make decent money flipping items from thrift stores? Quote:
Originally Posted by agent006140 we all have stories of how we find or know someone who have found diamond in the rough or once in a life time deal on Ebay,making everyone wants to try to do the same.
But this is getting harder and harder now,as a new seller will search past and current auction and figure he could do just as well,what he does not realise is those unsold listings are there because buyer wont pay the asking price.
It is not just on Ebay,you can go to a garage sale and the seller has already done his research,he will tell you it sells for $87 on ebay and now you can have it for $65,then you bought and list it at 87,after paying FVF and Paypal fee,how much do you make?
Ditto with thrift shops,the clerks hid the better items so she can buy and resell on Ebay. | man you're writing these long paragraphs lol.
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08-21-2019
| | Senior Member | | Join Date: Jul 2018
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Activity: 91% Longevity: 33% | | Re: Can you make decent money flipping items from thrift stores?
go to Ebay forum and read about how they ask each other the junk they found in garage sale,thrift shops.
But someone have a gold bracelet marked but cant read the characters,the two Kansii characters mean full gold,which is 24k gold !
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08-28-2019
| Junior Member | | Join Date: Jul 2019
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Activity: 0% Longevity: 27% | | Re: Can you make decent money flipping items from thrift stores? Quote:
Originally Posted by agent006140 go to Ebay forum and read about how they ask each other the junk they found in garage sale,thrift shops.
But someone have a gold bracelet marked but cant read the characters,the two Kansii characters mean full gold,which is 24k gold ! | this is nuts man...
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09-02-2019
| | Senior Member | | Join Date: Jul 2018
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Activity: 91% Longevity: 33% | | Re: Can you make decent money flipping items from thrift stores?
you will not find diamond in the rough from thrift shops,as the clerks have already found and listed them on Ebay.
Try the clearance bins of BBY,HD,LOWE and large supermarket chains like KR,it may not make you rich but they are new ,someone may want them.
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01-25-2020
| Junior Member | | Join Date: Apr 2016
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Activity: 0% Longevity: 46% | | Re: Can you make decent money flipping items from thrift stores? Quote:
Originally Posted by Sunspot144 Too much work. | From my experiences I'd be inclined to agree. the costs of decent shirts in our local "charity" shops compared to what they were selling for on eBay, add in postal costs, was making pennies in profit. Be a tough gig to make any major coin.
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01-25-2020
| Junior Member | | Join Date: Apr 2016
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Activity: 0% Longevity: 46% | | Re: Can you make decent money flipping items from thrift stores?
One other thing I'd mention too, which may seem obvious to some, is go to the thrift stores in and around affluent neighborhoods. Usually get better quality stuff being donated, naturally.
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01-25-2020
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Activity: 91% Longevity: 33% | | Re: Can you make decent money flipping items from thrift stores?
some hospitals have thrift shops,items donated by patients's family.and the store clerks are volunteers,ladies who are bored and need to get out of the house.
another is to run ads or visit neighborhood to buy entire household worth of junks from elderly
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04-17-2020
| Junior Member | | Join Date: Apr 2020
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Activity: 0% Longevity: 23% | | Re: Can you make decent money flipping items from thrift stores?
if you intend to sell handmade items you can use etsy
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04-18-2020
| | Executive [VIP] | | Join Date: Dec 2009
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Activity: 100% Longevity: 83% | | Re: Can you make decent money flipping items from thrift stores? Quote:
Originally Posted by houdafetny if you intend to sell handmade items you can use etsy | Right on
Post is about thrift shops though |
04-18-2020
| | Executive [VIP] | | Join Date: Dec 2009
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Activity: 100% Longevity: 83% | | Re: Can you make decent money flipping items from thrift stores? Quote:
Originally Posted by tinsoldier They don't care, all their posts have been pointless comments merely for the sake of upping their post count.
You of all people should have spotted that. | 25 is the target to begin the pm'ing I guess...
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