Looking for new ways to earn extra income? Introducing reselling and provide ideas on the best items to resell! In this article, we will explain where to find items (some of the right ones in your home!) and where to sell them.
If you’re a natural bargain hunter (a coupon clipper who’s probably always looking for the best coupon website), keep learning how to use that skill to make extra cash. Let’s get to that!
How does resale work?
As the words suggest, resale involves buying an item and selling it again for profit.
Therefore, following the advice of the old ones, buy at a low price and sell for a high price. But how do you know what’s best for reselling?
With the help of technology, it has never been easier to learn how to build a reselling business or start a business with scratch ideas. These days, you can basically sell anything.
My advice is to start with what you don’t need. Next, find items for yard sales, auctions and markets. Sell ​​items you find for profit.
Why reselling cash is a great idea
If you’re looking for a way to make money, resale is great. It’s one of the best and most unique aspects of fuss you can do in your spare time.
You may learn new skills. Most importantly, starting side hustles can help you build your financial cushions like this:
Building emergency savings
If you have extra income, you can build or boost your emergency funds account.
We have lived through a series of “unprecedented times.” Many households feel the impact of inflation on savings, the volatile job market and the looming recession.
That’s why it’s important to fill your emergency savings in the event of unemployment, medical emergencies, and other unexpected costs.
I’ll pay off my debt
You can also learn how to quickly repay your credit card using the extra cash you generate. Paying off your debt will save you on your interest and fees.
It also frees up more disposable income to spend on what you like. Turning items at a higher price in the resale business will help you enjoy your life more.
Furthermore, being without debt will not only benefit your bank account, but it also helps you feel better physically and mentally.
I have cash on hand
Starting this simple side of fuss and making extra money is a great way to save on holidays, home renovations and other planned expenses.
Also, your money will work for you as it will increase your investment ability.
17 best items to resell for profit
There are two approaches you can take when choosing what to resell. The first is buying and selling items that you know well.
You can also research the most profitable items for resale and learn how to sell them. It’s not always difficult, but it takes time and effort.
You will never be too old to learn new things! Check out the list below for some ideas on the best ones to resell.
1. Sports memorial
With technology, it’s easier to buy and sell sports memorabilia. According to Globe Newswire, it is expected to grow into a $200 billion industry by 2032.
People have always been passionate about their teams and sports heroes. Therefore, a large fan base means a bigger market for you, so look for items connected to famous teams and players.
Additionally, the age, rarity and condition of an item affects the price that can be sold and whether the item is authenticated or not.
Sports jerseys, autographed photos, game balls, action figures and trading cards are some of the best items to resell.
2. Antique items
Antique works always have a market, so they are some of the best items to resell. Think antique clocks, lamps, Chinese, ornaments, and even vintage toys.
Antique items are used to carry a small number of products. So, most of the time you’ll spend most of your time searching for stock.
Check out thrift stores, real estate sales and flea markets for great options at affordable prices. You may also be able to purchase from auctions and other antique dealers. Of course, don’t forget to check out the good old Facebook market.
3. shoes
There are many ways to resell your shoes depending on who you want to sell to and what you know.
So if you know sneakers, there’s money to sell limited edition sneakers like Adidas and Nikestyle.
You can also make extra money by selling designer shoes from luxury brands such as Louis Vuitton, Gucci, and Christian Louboutin.
Similarly, there are markets for more mainstream brands such as Uggs, Converse, and Michael Kors.
4. Toys and games
Collectable and traditional toys are some of the best items to resell. You can always find vintage action figures and buyers for Barbie, Beanie Baby and American Girl Dolls.
Apparently there is also a market for Pokemon trading cards.
If you don’t know anything about trading cards, you can make cash to sell video games and board games instead.
If you can find the hottest toys of the season, you can also make a fair amount of money.
However, this means that social media trends are up to date.
5. musical instrument
Children and adults alike are known for abandoning it as soon as they begin their hobby. Therefore, instruments are the perfect item to resell. There are always people who are trying to buy someone looking for sale.
Guitars, basses and amps are the most popular for flips. However, you can also sell drums, flutes, clarinets, saxophones and more.
6. Sports goods
Buying a new product is expensive, so second-hand sports products are in high demand. Motorcycles, ski equipment, golf clubs and camping equipment are one of the best items to resell.
Find items online at locations like the Facebook Marketplace and Garage Sales.
7. Exercise equipment
Many people buy exercise devices with the best intentions. However, these items can be seated unused for years. People are happy to remove them because they are often heavy and bulky.
Usually you can sell treadmills, ellipticals, exercise bikes and home gyms to earn a decent profit. Weights, kettlebells, and even yoga mats are some of the best items to resell.
8. clothing
The second-hand apparel market is growing. According to Thredup, it is expected to be a $350 billion industry by 2027.
If you have fashion talent, you can niche down and search for only designer, vintage or branded clothing to sell. You can also curate works that are loved for everyone. It’s best to start with what you know and what you own.
You can also request unnecessary clothes from your family and friends.
Next, get comfortable sourcing items from consignment stores, goodwill, garage sales, store clearance racks, thrift stores, and more. Threadup is also a good place to find items from brands and designers to sell.
9. Books
Books are not difficult to find in stock, so I think they are one of the best items to resell. Don’t forget that Amazon started as an online bookstore only. That said, you can resell books via Amazon.
If you want to find a book to sell, check out the library sales and the yard sales. Sites like Nextdoor and other local classification ads can also make some good discoveries. Check out the best online markets for resold books to make a big profit.
The most popular books to resell are textbooks because they are so expensive. Usually no one wants to reread them after they’re done. (Find the best place to sell textbooks online!) There are also audiences of most non-fiction books, arts and crafts, and sheet music.
10. Homeware and Decoration
To find household items for sale in quick cash, look around the house and find what you want to remove. It’s win-win! You will be tidy, make money and try your hand when you resell.
Finding something for sale in your area may take some trial and error. However, shelves, paintings, ornaments and holiday decorations are the best ones to sell in the online marketplace.
You can also make good money by selling expensive kitchen appliances such as air fryers, espresso machines, and blenders.
11. furniture
It requires a large storage area and a bit of sweat equity to resell the furniture. But people are always looking for affordable furniture. So they are the perfect item for resale.
Start with basic pieces like tables, chairs, sofas, desks, etc. With the revival of modern mid-century furniture, these are the perfect items to look for.
You can also repair pieces like dressers and sideboards to make more money. As always, the first place to search for furniture is your own home or storage space.
Note that furniture is bulky to ship, so it’s better to do it locally. The Facebook Marketplace is good for this.
12. Handbag
Just like shoes, handbags are a great resale option, especially if you want to sell designer handbags in cash.
But again, there are a lot of imitations out there, so it’s best to start with what you know. Genuine luxury handbags are some of the best ones to resell in today’s market. Personally, this is one of my favorite ways to make money!
As you gain experience and get to know your buyers, you can focus on brands that are resold well.
You can choose to specialize in high-end designer bags such as Hermes Birkin Bag Investment, Chanel, Prada, and Gucci. Meanwhile, your bestsellers could be brands like Marc Jacobs, Tory Burch, and Longchamp’s Mark.
13. Jewelry and other accessories
Jewelry and accessories are extremely advantageous resale items. Finely crafted jewelry pieces like engagement rings have a lot of value for their quality and materials. The same applies to high-end sunglasses and expensive watches.
For example, famous designer diamond earrings and costume jewelry can get you a fair penny. Make sure you have a certification or rating so you can request a better price.
We focus on selling more items with inexpensive accessories such as belts, hats and scarves. Show your customers how to wear fun and interesting ways. They can also become some of your best resale items.
14. tool
People usually buy hand tools and power tools for one project and decide to sell them. On the other hand, these tools can be expensive, so many tools can first look for items that were previously owned.
This is why selling tools is a great way to earn extra income. Look for name brand tools like Dewalt, Makita, Bosch, and more, as buyers want a brand they can trust.
Power tools such as weed whackers, circular saws and cordless drills are often sold. But so are common tools such as hammers, saws, socket sets, and screwdrivers.
15. Electronics
Electronics offers multiple paths for resale. Smartphones, gaming systems, cameras and laptops are popular items in demand and ready to use.
When starting your sales venture, stick to a brand or model that retains value, such as the Apple iPhone, iPad, or Samsung Galaxy phone.
There is also a market for popular consoles and gaming from the 80s and 90s. So you can earn money to raise and sell them.
16. Children’s gear
Baby gear, clothing and toys are especially expensive as parents stick to their baby’s budget and keep up with changing needs as their children grow up. That’s why kids’ items are one of the best items to resell.
They also offer great services to parents looking for ways to store, which can make you feel good about reselling these items.
There are ways to make money selling the kindly used kids’ things. You can focus only on children’s clothes. Alternatively, you can choose to focus on the best things to resell, such as high-quality toys, gentlely used strollers, high chairs, cribs, and more.
17. Vinyl Record
Vinyl Records are nostalgia items for some collectors, making vinyl LPS one of the best things to sell.
Furthermore, vinyl record sales have continued to increase in sales. Variety. This means there is a strong demand and a strong market for these collectibles.
Expert Tips: Determine which items are most sold
One great way to make extra cash is to resell items around your home or items you find at other resale stores. By using online markets and local options for resale, you will likely find buyers of these popular resale items.
I like to do research in advance to determine the best items people want to buy in my area. And keep in mind that I may have other second hand products that can get a decent resale price.
Use extra cash ideas as a motivation to organize your home or check out vintage retailers for great resale items.
5 ideas where to find items for resale
If you didn’t automatically think of a pile of things that you lie down on, you might wonder where to find these wonderful items to resell. Check out these general treasure troves of the best to avoid retailers and resell.
1. Your home
First of all, you definitely want to look around your home and see potential resale products. Even if you don’t live in a big place, you may be surprised at how much you have accumulated over the months and years.
Do a closet purging and go through the drawers and storage units to see what you don’t need anymore. It could reveal great items that will bring out higher prices. Clearing up space in these messy areas will make you feel great. Your wallet will also be grateful to you.
2. relative’s house
Why not consider whether your parents, friends, or other family members hold something they don’t need along the same pulse?
Now, make sure these relatives are on the way to clean up their own. But they might be excited that someone else wants to help get rid of their household items!
With approval, you can find something worth resaleing for some Saturdays, through the space of your loved one’s home. It also helps to be open to flipping items.
You need to settle an agreement on how to split your money with your relatives – or they’ll say you can keep it all!
3. Antique and vintage shops
Once you run out of options at home or in your family, it’s time to go for antiques. Antique and vintage shops are the best places to find items.
Unless you are an antiques expert, some research may be required on your part. You can search for items online or consult an appraiser in your area to find the best item for something potential value and flip.
Be careful not to spend more on buying vintage items from retailers.
4. Flea market
Like antique stores, flea markets are a great resource for things to resell.
Most often, flea market sellers are also resold, but that doesn’t mean you can’t find a fair amount. If you’re really interested in spending time with this side hustle, you can regularly explore the local flea markets to get some of the best resale items.
5. Garage Sale
Don’t forget about the good old garage sale (or yard sale). People who hold garage sales are often keen to unload their own things and can easily make $100 for a day’s work if you want $100 faster.
That weekend is a good time to explore garage sales in your nearby neighborhood, and it only takes time and effort to choose the type of things you can resell for your greatest profits. Of course, I’m looking for quality items.
Where do you list resale items?
There are several ideas about what to resell for profit, so we will explore your options to find a place where you can make the most money.
A variety of platforms caters to a wide range of customers. Please check the platform’s pricing and policies before signing up to make sure it is suitable for your inventory.
There are a few sites to consider.
Social Media Sites
You can post photos and descriptions of items sold on social media sites. Instagram and Facebook Marketplace are free to use.
However, you will need to contact the buyer and provide instructions on how to pay. Some customers make it a hassle for you.
Another way to use social media is to raise interest from potential buyers by posting photos and descriptions of items. But you can redirect people to your website where they can browse and buy your products.
Your own website
You don’t need to be technically savvy to create a website. You can also complete one from freelance sites such as Fiverr and Upwork.
Building and maintaining a website costs money, but that will save you from paying fees and fees.
Please note that if you don’t have a big advocate yet, it can be difficult to draw traffic (customers) on your website. You probably still need to post to a free market to direct people to your site.
Amazon
Amazon is a good place to sell everything on this list. To sell on Amazon, you must sign up for a merchant account.
We will also charge you for every item you sell, depending on your plan. However, it can be sold on well-known sites with embedded systems.
eBay
There’s nothing that won’t sell on eBay, like Amazon. You can list a huge variety of resale items, including collectibles, antique items, video games, clothing, shoes and more.
Of course, you need to follow the platform guidelines and sales policies. We also charge you based on the item category and selling price.
On eBay, you have to build a reputation through reviews. To establish an account, you can start with cheap items first.
Etsy
Etsy is another platform that has been around for a while. If you wish to sell on Etsy, you are limited to items that are only eligible for handmade, vintage or craft supplies.
Poshmark
Poshmark is another market you might consider. It’s the perfect place to sell accessories, household items, designer clothes and shoes.
Poshmark is also taking the committee, so take that into consideration when setting the price. For sales of less than $15, they charge a flat rate of $2.95. Additionally, items selling over $15 will be charged a 20% fee.
Offer up
Opherup is an app that allows you to buy and sell items locally. Once you download the app, upload your photos and create a description of the items you want to sell.
The offer up list is free and you can arrange payment and delivery with the buyer.
However, if you choose to accept payments and shipping via the app, you will be charged a service fee. (This is the final price without shipping costs of $1.99 or 12.9%, whichever is higher, whichever is higher.)
Meeting locker room
Vestiare Collective is an online luxury consignment with one of the most meticulous authentication processes, so you can see that you are in a real deal. It may be the perfect place to source vintage clothing and designer brands for your resale venture.
Similarly, they accept designer bags, watches, jewelry and clothing in case you need to offload the parts you can’t sell.
Craigslist
Try Craigslist when listing items that are high quality but cheaper than retail prices. Items are under a wide range of categories, including sports goods, books, CDs, jewelry, furniture, electronics and more. Craigslist is just one of many online marketplaces where you can set up a reselling business.
What is a good resale product?
As mentioned above, there are quite a few good resale items to choose from. Think about items that are likely to still be in great condition after use.
Children’s gear may be a good option, as well as exercise equipment that is often not used by the original owner. And of course, if there are collectibles in demand at the moment, they may be some of the best things you can sell.
What is the best item for a flip?
One of the best items to flip over is what comes in furniture categories, especially quality wood furniture.
That’s not a skill we all have, but if you have the space to store and repair a wooden dining set, you can do a good resale, for example, by doing work to make it look new. You can flip the furniture upside down and get the best profits of your investment.
What are the benefits of a good resale?
The profits of a good resale really depend on what you need to make. Generally, you will not only know how much money you will spend to get an item to resell, but also how much time and energy you will need to turn it over and find a place to sell it. According to Rayobyte.com, resellers are aiming for a 50% profit margin.
For example, an item that pays $20 should be resold for at least $30 (that is only if you didn’t spend any money on repairs or renovations). You don’t have to stick to that amount, but make sure you price it high enough to make it worth reselling.
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Finding the best items to resell is a truly great way to make extra cash. There are multiple ways to get started, such as organizing your home or selling your own unnecessary things.
The startup cost is minimal. You can also use some lists on social media sites and apps to make money right away.
But it’s not one of the businesses that run themselves for passive income.
Start today and use your extra income to pay off your debts or take a nice vacation. Check out our completely free investment courses and learn how to make your money work for you.