How to Start a Business at a Flea Market

By Rosa Hayes, published Feb 12, 2008
Published Content: 830  Total Views: 449,283  Favorited By: 118 CPs
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Flea Markets have long been a way for people to make money and purchase items. For those who are interested in making money by selling items at a flea market, may set themselves up for a great fall if they do not know how to do it properly.

When you first consider setting up shop at flea market, you should think about what items you want to sell and what items people will be shopping most for. Just because you like a certain item, does not necessarily mean that others will be looking for the items. Another thing that you should consider is that a lot of people look at flea markets the same way they do yard sales, a great way to find something at a cheaper price.

Keeping all of this in mind will help you when you decide what items to add to your shop and what prices to put on the items.

The area that you have your shop is also an important issue. If your shop is located towards the back of the flea market, many people may not make it that far. Renting an area that is closer to the front doors might cost you more but it could also help you to make more money if more people are visiting the shops that are closer to the entrance.

The hours of your shop should also be kept at the same time each week. There is nothing worse than going to the flea market to visit a particular shop just to realize that the shop owner isn't there that day. If you want to keep your business going, set your hours of operation and keep them.

Knowing your competition will help you a lot. Your prices should always be competing but not so much that you are loosing money. The things that you should always keep in mind to cover cost and make a profit are; the price for the space at the flea market, the price you paid for the merchandise, the cost of the gas to and from the flea market, the cost of having helpers, and the cost for your time. These will help you to stay in business longer and still make a profit.

If your merchandise looks like it has an inch of dust on it, clean it up. People want to see the good in the merchandise and not have to wipe the dust off of them before they can see the true look of the product.

Takeaways
  • The proper pricing
  • Where to set up shop
Comments
Showing Comments 1 - 7 of 7
 
 
Thanks for the information! I like flea markets but the ones in my area seem to have more dollar store things that what the older flea markets use to have.

Posted on 02/14/2008 at 6:02:10 PM

 
Great article. I love flea markets and the booths that draw me to them are always clean and uncluttered.

Posted on 02/14/2008 at 10:02:16 AM

 
Rosa, you are right, a good location is everything! Try to keep from getting stuck on the ends of rows or even worse, in a parking lot!

Posted on 02/13/2008 at 7:02:37 PM

 
outstanding job on this

Posted on 02/13/2008 at 2:02:14 PM

 
good going

Posted on 02/13/2008 at 8:02:51 AM

 
Very interesting thought - thanks for the detailed information.

Posted on 02/12/2008 at 5:02:30 PM

 
I"ve often wondered about how sellers make a profit in this business. Thanks for the info.

Posted on 02/12/2008 at 5:02:12 PM

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