Make sure that all arrangements are made with safety in mind, such as meeting at a public place like a mall.
I decided that I would give eBay a try. My first listings were pretty crappy, but they got the job done. It felt incredible to make a little extra money on the side for stuff I would have most likely donated instead of moved.
After giving up on eBay for a while, I had stumbled upon a new source of goods to sell: garage and estate sales. It was the ultimate arbitrage ploy: I would buy stuff for really cheap at garage and estate sales, and I would resell them online to true collectors of the product. A company was born. I really kicked up my eBay selling into high gear. Every Thursday-Sunday, I would hit up as many estate and garage sales as possible to find goods to sell.
And there were plenty. I was making money! Times were good. I continue this for a while and really focused on the customer service experience. I really focused on making a good policy that was easy to read and understand. I also saved it as a template to make my listings easier. I included links to detailed payment and shipping policies, which were on my About Me page. This really gave my business credibility. What I was really going for was credibility as a business, even though it was just me in my pajamas running it out of my house.
Like I said, business was booming, but supply was running out. With the advent of smart phones, people could easily do research on products while at garage and estate sales, and random individuals started doing the same thing. I needed a ploy to get ahead of the competition. Although the website is not the prettiest and most amazing site you have ever seen, it got the job done. Even though I knew nothing about website development or SEO, my site started getting visitors. People were searching for estate sales in my market, and they would find my site and contact me.
You may wonder how this would be more profitable than buying cheap and selling high. Now, I essentially got first dibs on the items, and I could make offers to these individuals for entire estates, instead of piece by piece. This was big-time though. Upon arriving, I inspected the collection and offered her an amount. I knew the strategy would work going forward. The hardest part of this business model is that it does require time. As my life has changed, I have had less and less time to run this business.
As a result, I am down to selling a few items a year. However, all of my tools are still there should I find the time to start again. Do you sell your old stuff online? Are you leveraging these sites to make extra money? Robert Farrington is America's Millennial Money Expert, and the founder of The College Investor , a personal finance site dedicated to helping millennials escape student loan debt to start investing and building wealth for the future.
You can learn more about him here. One of his favorite tools is Personal Capital , which enables him to manage his finances in just minutes each month. Best of all - it's free! He is also diversifying his investment portfolio by adding a little bit of real estate. But not rental homes, because he doesn't want a second job, it's diversified small investments in a mix of properties through Fundrise.
Going above and beyond gives you the room to offer other profitable services within your niche. Remember: every client has at least a few referrals in them. For example, starting a network marketing business is straightforward. It's about your deep knowledge and understanding of the marketplace that will transition you to liberation. Money is the least of your issues.
How to Make a Fortune With $
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Dropshipping Secrets Revealed: How We Grew a Dropshipping Business to $4.5 Million
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