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Do you have a thrift store shopping habit? I totally do. I love being able to go into my favorite thrift stores and walk out with amazing deals. What I also love about thrift store shopping is that I am able to turn my love of great deals into an income for my family and it can for you too! Turning your thrift store shopping habit into income might seem hard, but it really isn’t!
For our family, reselling isn’t our main income although it absolutely could be. What it has become for us is one of the multiple streams of income that we have as a family. When we started selling online, we had already done everything we could to cut our expenses, but we just weren’t building wealth or our savings the way that I wanted to be. We had stopped spending money on things we didn’t need, but we weren’t bringing in enough to build the kind of wealth that I eventually want for us. I recognized a while ago that to reach the financial goals that I have for myself and my family, we will need those multiple streams. If you are looking to make reselling your full time income, you can make that happen. It will just take work on your part.
How to Get Paid from Your Thrift Store Shopping Habit
When you first start making money from your thrift store buys, you’ll need to understand something. It isn’t always quick work. Yes, the shopping is fun, but sometimes it can take a bit to sell an item. You can make a huge income reselling your thrift store finds, but it doesn’t happen overnight. With that in mind, let’s chat.
The very first thing you’ll need to do is find the quality thrift stores that are in your area. You’ll need to have a list of the ones that you can find quality items at on a regular basis. It sounds simple, but the truth is that they can be hard to find. For my family, we check each store three times to start. If we walk away empty handed two out of the three times? It does not go on our list. If, however, we can find a deal on something good the majority of the time, it gets added to our list. Currently we have a list of 5 different thrift stores we check on a regular basis with 3 more that we will be checking out soon.
The next thing you’ll want to do is to figure out what type of items you want to get into reselling. This can be anything from clothing to household items to books or toys. For me, I don’t deal with reselling clothes at all. I haven’t seen much of a profit on them which makes them not worth my time. I have sold almost everything else though and other than clothes, I don’t limit the deals that I grab to any specific category. What works for you though might be a different category or even one specific category instead of a bunch of them.
You’ll also need to figure out where you want to sell your thrift store shopping finds. Most of your minds went directly to Ebay, but being 100% honest with you? I’d stay away from Ebay as much as possible. The fees (and headache) involved just isn’t worth it in my opinion. If you’re a current Ebay seller, there are quite a few Ebay alternatives that you can sell on instead.
I personally sell mainly three ways and these are the same places that I would recommend you sell. They’re all easy to sell at and the profits can be amazing!
Amazon FBA – Amazon FBA (or Fulfillment by Amazon) is a great way to start a true resale business. You send your items into Amazon and they ship them to your buyer. The only thing you really need to do is send them to Amazon and price them. This is a great way to turn your thrift store finds into cash. Make sure that the items you are sending in are in very good condition (especially for used items) or are brand new.
Amazon FBA can be kind of confusing to get started. While the process of selling as an FBA seller is fairly straightforward, there are a lot of different rules and factors that Amazon has put into place. One thing I absolutely recommend is the Amazon Boot Camp course by The Selling Family. It will walk you through everything from setting up your Amazon seller account to sending in your first shipment to where to find items to sell (besides thrift stores) and more. I took it myself and the amount of information in it is just crazy!
OfferUp – OfferUp is an app for your phone (you can also sell on your PC) that allows you to sell locally. It’s really quick and easy to list on and I’ve had really good luck moving product. Snap a pic, set the price, type a quick description if you want and you’re done. All negotiations or contact is done right within the app. Once you agree, you’ll meet your buyer in a safe place and finish the sale
Swap.com – Swap is my other go-to for reselling online. They only accept specific types of products and they’re pretty picky about condition, but you can make some real cash here too. Like Amazon, you’ll send your items into Swap, they will photograph them and store them for you. When your item sells, you get paid and they ship it out. The minimum price that Swap allows you to set is $3.00. Because of this, I do a lot of sets when I send to Swap.
Finally, you’ll need to source the items you will be selling. Before you hit the thrift stores to shop, you’ll want to take a look at a few thrift store shopping tips to be sure that you’re doing everything you can to get the best deals and products possible. Just be sure that you are careful what you buy to sell. There are certain items that you should never buy used and some of those items are actually illegal to sell used. After you’ve grabbed your deals and you’ve prepared your products to be sold, you can send in your first shipment or create your first listing.
Once you get that done? It’s all downhill and soon? The money will start coming in! Do you already sell online? I’d love to hear any tips you have!
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