Buy headphones to resell. Headphones in the under $50 category can be found at dollar stores. Read headphone reviews, learn about current models, and see if you can find any good deals on headphones in the under $50 price category. If you find any, you should be able to make a good profit by reselling them online. Find DVDs to resell. People love old movies and you can find many old DVDs at dollar stores for a bargain. Find titles that have a cult following or are nostalgic favorites for particular generations, and then resell them online.
Test out the market for discontinued items before buying too many of them. Try reselling a couple of the items online to gauge demand. Check to see how many people view your item on an auction site and how fast it sells. If it sells quickly, buy some more from the dollar store and repeat.
For example, if you collect all of the party supplies for a zombie birthday party, you can then resell it as a complete set online or at a flea market.
If your item is in better condition or has something different from the others on the list, you may be able to price it in the higher price range. If the item is pretty much the same as the other items listed, you may want to set it at an average price.
If you are using eBay, scroll down to the ‘show only’ options on the left side of the page, towards the bottom of the listings page. Click on ‘sold listings’ and then review the items in your category (e. g. , headphones) that have sold. Reviewing the prices of sold items, determine what you think you could sell your dollar store item for online. If you cannot find your item on eBay or other auction sites, try searching for similar items. For example, if you found a particular brand of faux wood headphones at your local dollar store but cannot find the same brand on eBay, see if there is a similar pair of faux wood headphones.
Price your items competitively. Taking into consideration both how much you paid for the item at the dollar store and the current price range for the item on eBay, try to set a competitive price that will get the item sold quickly and efficiently. If you are using eBay, you can set a reserve price which is the lowest that you would be willing to sell your item for online. On eBay, you can use a fixed price which means that there will not be any bidding on your item. It will be sold, or not, at the fixed price you set. [3] X Research source
Auction sites sometimes have a seller verification fee but this feature can also be found for free on some sites. In addition, fees may be charged for the final value of the item sold, as well as, for listing the items and relisting them if they do not sell. eBay allows you to list your first 50 items free but then charges a fee. Sites like eBid and Bonanza allow you to list your items for free.
Take five photographs of each item. Be sure to take photographs of unique features, labels, tags, and details. If there is an oddity or discoloration, you should also take a photo of it so that consumers know what they are getting. Your consumers will appreciate your thoroughness and objectivity. [5] X Research source
Measure your items and offer exact measurements for online buyers. Show clarity and objectivity. If an item is damaged, you need to tell your consumers exactly how it is damaged. If the packaging is torn, you need tell the consumer.
Organize small items into larger lots. For example, if you have a bunch of balloons and some zombie masks from the dollar store, put them together with some other items to make a zombie party theme kit. Individually, the dollar store items may not sell. When grouped together as a set, they should attract good bids. [8] X Research source You can try selling your items on eBay.
Pack the items well so that there is less chance of damage during shipping.