Resell

Where to Find Items to Resell

Reselling is probably the easiest side hustle to start. Even if you’ve never done it before, you can be up and running within a week.

Your basic goal as a reseller is simple: buy low, sell high. Or at least, sell at a price higher than you pay, and one that compensates you for your time and any other costs. So where do you find items to resell?

First, start with what you already own. Do you have comic books in the attic or old clothes in the back of the closet? Take an inventory, and then get paid for getting them out of your house.

Second, start thrifting. Go around to yard sales, garage sales, or flea markets. Bring your phone so you can discreetly look up average sales prices for anything you find. When you find a potential discrepancy (something you can buy for less than you think you can sell it for), snap it up.

Those actions will get you comfortable with the basics of selling online. To take it up a level like some of the people in this book have done, you’ll need a more consistent source of products. It usually helps to specialize in something, and it’s best if you specialize in something that isn’t cheap—camera gear or luxury clothing, for example.

You may also want to look at a source like Alibaba.

 

100 Side Hustles

Coming June 4, 2019