What It's About
A listener has an idea to help source items for resellers. What should they know?
Notes from Chris
Episode 1297
A lot of people are reselling … I often mention it as the easiest side hustle you can get started with now. But here’s another way to think of it: what can you sell to them? In the California gold rush, some of the people who got rich were the ones who sold the shovels. Serve the non-stop flood of arriving prospectors (and increase the prices, of course - this is supply and demand) instead of gambling on finding the right plot of land somewhere in the desert. Plus, live in San Francisco instead of inland … much better saloons and baseball games there. How does that apply to the modern world of reselling?"Hi this is Joe from Atlanta and I’ve been listening to the show since episode 1! Thanks to you and the Side Hustle School team for all the helpful content you all provide. My question is, how can I help resellers? I’ve heard you talk more about reselling recently, and I know a lot of people are experimenting with selling items on platforms like NextDoor and OfferUp. What if I don’t want to resell stuff myself (at least not all the time) but find some way I can help the resellers source products? I’m thinking I could scout for popular items and then offer them to the reseller, while taking a percentage for myself. Am I crazy? How would you suggest I do this? Looking forward to hearing from you."Listen to today's episode to learn more...
SEE ALSO:
- Six-Figure Sneakers: College Grad Earns $10,000/Month Reselling Shoes: While waiting tables, a recent college grad discovers the world of “sneakerheads.” He then learns to buy and resell shoes, earning a six-figure income and quitting his job within a year.
- Avid Reader Sells Used Books On Instagram: An IT analyst makes page-turning profits after building a dedicated audience of book enthusiasts. You can make money without a large following!
- The Coffee Grinder That Made $300,000: Rise and shine! A petroleum engineer finds the perfect item to resell on Amazon. He goes on to sell $300,000 worth of the humble coffee grinder.
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