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Five Sources for Low Cost Merchandise to Sell

Low Cost Merchandise Will Increase Your Sales Profits

By Melanie Marten, published Oct 28, 2006
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Finding low cost merchandise is very important for a reseller. The lower the costs, the more profit you will make. There are several wonderful places to find low cost merchandise that you may not think of.

One: Garage and Yard Sales

Garage and yard sales are chock full of low cost merchandise. Often, people do not fully realize the quality of the good they have for sale. They just want to get rid of all the ‘junk’ they have laying around the house quickly. Not only can you find low cost merchandise at the sale, but you can often get a bargain by buying up leftovers in a lot at the end of the sale.

People holding garage and yard sales will not want to repack their items. In order to take advantage of this, you should find out when the garage sale is ending. When the people are beginning to pack up, approach them and offer a small amount for the rest of their items. This is a great way to get low cost merchandise.

Two: Flea Markets and Swap Meets

You can get low cost merchandise in a very similar way at flea markets and swap meets. Many flea market sellers do not want to stay all day long in the hot sun, and many do not want to pack up their car. Make them an offer for any remaining stock on their table. Another good idea is to trade for something you would like.

Three: Pawn Shops

Any mid to large-sized city will have pawnshops. These are not the frightening places that detective novels might have you believe. Most pawnshops will take any type of merchandise from people, but will often only want to deal in certain types themselves, like jewelry. You can find an ever-changing array of low cost merchandise at a pawnshop. Make friends with the shop owner. You might get advance warning when some low cost merchandise comes in.

Four: Storage Unit Auctions

Storage facilities often hold auctions or sales of entire units full of potential merchandise. People abandon their items or just stop paying their storage fees and everything they had stored goes up for sale.

Takeaways
  • The lower the costs, the more profit you will make.
  • Any mid to large-sized city will have pawnshops.
  • Storage facilities often hold auctions or sales of entire units full of potential merchandise.
Did You Know?
Auctions are for closed storage units, meaning you cannot inspect the items before the sale.
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This one was really interesting. Thank you.

Posted on 07/06/2008 at 8:07:51 AM

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