Another great advantage of searching at garage sales for things to resell is that you occasionally encounter things that are very useful to you at amazing prices. Besides buying things for personal consumption, you can also buy items that help out your reselling business. Here’s a list of some of the stuff I’ve purchased for myself at garage sales:
[While my preferred product sources are local (e.g. yard and estate sales) because of advantageous pricing, high item value, and plain-old adventure & excitement, a good long-term eBay business should seriously consider importing solid bread & butter products from China and other low-cost manufacturing countries. Today’s post is a guest post from Philip Rudy of learntoimportfromchina.com, giving you a rundown of how one might go about reselling manufactured products from China en masse.]
Items I’ve Resold #1: GreenPower Juice Extractor, DS Games, LOTR Chess, Onkyo 5.1 Surround System, HP All-in-one Printers…
[For all the theoretical advice I can give, sometimes it’s just better to show examples of what I buy at garage sales. You’d probably learn more about how to make money just by tailing me when I go to sales than by reading a long-winded article.
In this article series, I catalogue my big scores, my bread & butter item resales, and the items I regret buying.]
This week, we take a look at some of the first items I ever resold – the ones that motivated me to take this nifty income source seriously.
Generally, if you’re a professional reseller, the worst possible place from which you can source your products is from, you guessed it, another professional reseller. It’s nothing personal, but the reality is that flea market vendors typically price their items stiffly, and often have a large accumulation of low-quality products.
The danger, of course, is not that you will accidentally buy some low-end flea market stuff. The risk is that you may suspect that some items might have resale value and waste your time looking into them. You need to save your time by quickly identifying a sale that is unfriendly to your business and moving on to more productive sales.
Now that I’ve laid down a few basics of reselling in my first few posts, I will move on to some concrete advice to help you in your travels: suggestions on what to actually buy! These will be catalogued via a series of posts, which you can access specifically by clicking the “resale item highlight” category on the left navigation bar or at the bottom of any RIH post (there’s only this one right now, though).
Today, we’re going to discuss a subset of one of my favorite resale categories: vintage video games, specifically Super Nintendo (SNES). There are a lot of commonalities in the reselling of old video games, but I will discuss each system or generation of games (e.g. NES, Sega Genesis, Playstation, Xbox, etc.) in separate posts as each market has its own idiosyncrasies and notable items.
NOTE: Generally, if you find anything in box, be it console, game, or accessory, this boosts the value of the item significantly and usually means that you should buy it!!!!