How to Dropship from Aliexpress with 50 Dollars or less

 

Learn how to dropship from Aliexpress with as little as 50 dollars investment
How to Dropship from Aliexpress

Drop shipping is business model where a seller obtains a product from a manufacturer and sells it to the buyer without necessarily keeping inventory. The manufacturer is the one who delivers the product to the final buyer.

It is one of the easiest ways to start an online shop. You pay nothing to your product supplier until you make a sale.In this post, I will be teaching you how to dropship from Aliexpress with 50 dollars or less, so hang on with me as I take you through.

*there are affiliate links in this post, please see my disclaimer policy*

To learn how dropshipping works, please read my post on 5 easy steps to running a drop shipping business.  In this fresh post, I will be writing about how to dropship from Aliexpress.

Aliexpress is an online marketplace much like Amazon, except that it is for Chinese sellers. In Aliexpress you get a congregation of manufacturers or big-time whole sellers who sell products to you at the manufacturer’s price, which means they sell at a lower price than you will get at your normal everyday store.

AliDropship is the best solution for drop shipping

If you want to start selling online without holding inventory, to drop ship from Aliexpress will be the best method to follow.I have been part of forums where people do not understand how to dropship using Aliexpress, hence the need for this post.

The first thing about selling online is that you have to determine what you want to sell i.e defining your niche, if you don’t know what to sell then it will be difficult for you to know how to market or sell your products.

Defining your niche will help you narrow down to what you want to sell and hence decide where you want to source for those products from.

The next thing to do when you discover what you want to sell is to find suppliers.

For the purpose of this post, I will only be treating using Aliexpress as a supplier to your Business. There are other ways of finding suppliers, you can read that up in my earlier post.

How to Choose a Supplier  when you want to Dropship from Aliexpress

The first thing to do before you start searching for your suppliers in the Aliexpress platform is to register on the site.

Register on Aliexpress

Your registration on the platform will give you the opportunity to send emails or messages to your supposed suppliers, you will also be able to follow a store, this helps you save your suppliers so that you don’t keep searching afresh each time you want to make a purchase.

I  suggest that once you have adjudged your supplier to be the one you will use, you follow the store immediately so it is saved in your account. Anytime you want to use that supplier you just check your account and click on the store to go directly to that store without necessarily searching for the store again.

Please note that you cannot search for store names, you can only search for products.

Registration does not take more than a minute, it’s no different from registering on Amazon.com

Before you start choosing a supplier for your products when you want to dropship from Aliexpress, there are certain key metrics that you must look out for.


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Metrics for Choosing a Supplier

1 How long has the supplier been open for Business:

Before you choose to order from a supplier the first thing that you should check out is how long has this store been selling on this platform. This will give you a sense as to how reliable that supplier is. It will do you no good to pick a newcomer on the platform who is still trying to get off on his business. There will not be enough reviews for you to know if that person has been consistently delivering to her customers. I will normally go with someone who has been in business for over two years.

How to Dropship from Aliexpress

2 Check for Feedback scores:

On the Aliexpress platform, all shops have a feedback score attached to them which are usually graded in percentages, this feedback score is a sum total of an average number of people who returned a good feedback on the products they bought from the shop.

How to dropship from Aliexpress

Most times, the shop owners are always encouraging you the buyer to leave a good feedback. In fact, they often remind you via emails to come back and leave feedback so that they will know you were satisfied.

Your feedback is often in form of written notes, star ratings and perhaps even pictures to show that you received the item.

This score is perhaps what Aliexpress uses to grade a particular seller.

I will go with sellers that have a 98% feedback score and upwards.

Sometimes you will see a seller who is considered a Top brand, such sellers may not have a feedback score percentage attached but they have a top brand badge on their platform, this indicates that Aliexpress trusts the quality of products sold by that store.

3 Number of Orders

Before selecting a supplier for your products, you need to check for the number of orders they have processed, it may be for your particular product or for another product from the seller.

This is because you want to know that the person you are going to buy from is really selling products consistently.

You want to check out the hot selling products and the number of orders that the product has sold out.

How to Dropship from Aliexpress

Most times, you will see that the hot selling products for that store has a lot of reviews, you should take your time to read the reviews not just the good ones but the bad reviews too.

You want to know how the seller handles bad customer experience. It’s not enough to say that we will refund your money if you do not like our products, but do they actually do that? Of course, Aliexpress offers buyers protection but you may want to buy from someone who has integrity.

4 Check for shipping options:

What shipping options do they have? and do they offer epacket? I will always go with anyone that offers epacket because it gives you the opportunity to offer free shipping to your customers which will make the customer happy and encourage repeat sales.

5 How long does it take for your Product to arrive

Depending on where you are selling in, perhaps in US or UK or maybe you are shipping worldwide, you have to check what time it takes for your order to arrive.

Orders that are shipped to the US take from 12-20 days to arrive via epacket. I sold an item during the Christmas period to a customer and my order reached my customer in 10 days. I was quite impressed.

The time it takes for your customer to get their order is important since you don’t want an irate customer that did not get his or her orders on time.

I will suggest that you add a little lead time to your own product shipping time, this will give you leverage for any delay in shipping from your suppliers.

6 Communicate with your supplier by sending him a message.

Contact your intending supplier to find out if they dropship from Aliexpress. It’s important not to assume that every seller on Aliexpress must want to dropship.

Some may not want to, so it’s important to check out with the seller and let them confirm to you that they are willing to dropship for you, should you make a sale.

7 Make a test order:

You could test order the product you want to sell so that you can check out the process, as this will enable you to know what the whole process will be like. It will also give you an idea of how the actual product looks like.

Pictures don’t always tell the whole story. You may need to handle the product and packaging to know if its worth using that person as a supplier.

8: Take advantage of the App To Dropship from Aliexpress

Aliexpress has an app which you can download on your phone to use. I have noticed that goods are often cheaper on the app. You can take advantage of the app to get cost savings on your product sourcing.

After you have completed these preliminaries, you now want to start your online shop.

Complete supplier solution for your Dropshipping business
Salehoo : Vetted suppliers for your dropshipping business

Cost of Setting up your Online shop

There are basically two options you can go with when you want to start drop shipping a product. You can choose to sell on an online marketplace e.g Amazon, Bonanza, or you can choose to sell on your own hosted ecommerce shop using such deliverers like Shopify, Big commerce or Wix.

I wrote a post on Online marketplace versus ecommerce shop, you can read It up to check out the pros and cons of using any of those methods.

Selling on Amazon as an individual seller is free while selling on Bonanza is free except for charges which you only pay when you make a sale.

If you choose to use an ecommerce shop deliverer as I noted above, it will cost you the following amount

Shopify- basic- $29

Wix -$16.50

Domain name registration through each platform is – 10 dollars.

So the big question that is still hanging now is how to add these products to your e-commerce shop.

How to Add Products to your Ecommerce shop

You can choose to do it manually- quite time-consuming- you have to cut and paste each picture to your online shop. Plus you will have to manually maintain your pricing, ordering, and tracking.

or you can use this very important Plugin Alidropship which takes care of the following

Product Automation: This includes search and importation of products to your shop, pricing update, epacket filter options, Order fulfillment, auto tracking and also the auto update on product information. For more on how this plugin can change your dropshipping business, click Here.

Customization: This includes Free themes, built in product customization, unlimited products addition, woocommerce support, product variation.

Marketing: This includes, email lists, cart abandonment, discount coupons, product reviews.

Managing: This includes Live statistics, cashback system, payment gateway integration.

AliDropship is the best solution for drop shipping
If you chose to go with hosting your shop on Wix, you may find that you have an extra 23 dollars which you will use to set up your first Facebook Ad, in other to attract your first customers.

Please note: Aliexpress is different from Alibaba.com. Most people think they are the same but they are not, Alibaba.com caters to people who want to import physical goods and then distribute or ship themselves and they often require a minimum order number for you to use them.Alixpress sells to anyone even if it is one article you want to buy.

 

Other alternatives to Alixpress could be joining online directories who curate and qualify manufacturers.

An example of such an online directory is Salehoo. You pay an amount yearly to have access to suppliers in their database who are prequalified by them. The only thing is that you still have to do the due diligence of reaching out to each one supplier and creating a relationship.

Do you want me to help you do all the written due diligence above? contact me for consulting.

I will help you set up your first shop and ensure all the necessary job is done. I can provide a done for you shop as long as you have picked your niche.

To get a full done for you shop with listed products of about 30 products, go here

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After payment send me an email  to elizabeth.uchealor@thehomebusinessowner.com

I will reply to you and the work begins.

 

 

Pro’s and Con’s of Choosing a Home Business versus a Work from Home Job

Pro's and Con's of a home business versus a work from home job
Home Business versus work from home Job?

When you make up your mind that you want to work from home, the first question that will usually pop into your mind is how do I go about this?, should I start looking for work from home job? or should I start a home business?.

The jury is still out there as to what is the best route to take, for some people it is a difficult decision to make especially if you are coming from a place where you were working outside your home and had a stable income which you brought into your home. What this means is that you already have a lifestyle which you have set up your home and of course choosing to work from home means that you are putting that lifestyle into a jeopardy because you will move from a place of stable income to unstable income or perhaps just one income from your hubby.

In today’s post, I will be comparing the Home business and the work from home Job, the Pro’s and Con’s perhaps this may help some of you who may be ambulating on what route to take.

First of all, before you decide to make the decision of working from home, you must make some certain preparations, I do know some people tend to jump in with both feet to either swim or sink. Sometimes it works and sometimes it doesn’t this is because needs are different and makeups are different.

There will be those who will take the option of choosing to work from home without taking time to plan things out perhaps because they fear that If they take the time to plan things out, they may procrastinate and never make that decision.

While some like to plan their approach, they save up some money to cushion the times they will be taking to build their business from home before resigning from their jobs.
I will prefer that you plan your route before ever you make that decision to quit your job and start working from home, this may mean cutting down on some niceties in other  to save up your money to help cushion your family needs while you build your business or find work from home jobs that will replace your initial income.

This planning ahead of time will help you stay true to what you are working on and prevent you from running into financial stress which may force you to return to your former job.
It is also much easier to run your business or work from home when you don’t have to worry about finances at least for the beginning stage until things kick off.
If you are already a stay at home mom, it makes your decision easier because you may not need to do extra planning since you are already used to living on one income anyway. You may have to perhaps save up some income or initial capital outlay that you will need to start your business though.

Having highlighted the thoughts above here are the pros and cons of starting a Home Business versus a Work from home Job in other to earn your income from home.

Pro’s of a work at Home Job
-You can apply the skills you already have on a job that is immediately available and begin to earn almost immediately once you are able to secure a job. ( often times to shorten this time lapse of looking for a  work from home job, its best to start looking and secure one before you resign your day job)

-You do not have to have an initial cash outlay hence you can start on virtually zero cash except for perhaps money spent on registering on Job sites that specialize in hiring for remote positions.

-You do not need to draw up a business plan or a strategic marketing plan for your work at  home job since you will be trading your skills for money.

-Other people set your targets and there are specific tasks which you are set to deliver and your work is finished for the day. Your work is not continuous till when you are tired as in a Home business

-You get some benefits such as Health insurance if it applies to your job.

-You can choose to take a  holiday if your work is a freelance job meaning you choose when you work and when you don’t.

-Your remuneration is fixed and you know exactly how much you will earn at the end of the month.

Con’s of Work from home jobs
-There are a lot of scam work at home Job sites out there, therefore it takes a lot of time to sift out the genuine ones, this often takes time. To learn about the genuine ones read my post on 10 best sites for work from home jobs.

-There is a limit to how much you can earn per month since you trade time for money, you will have to work for a certain amount of hours before you can earn your desired amount.

-Your income is entirely dependent on the company you work for, meaning that should there be a shift in purpose and you don’t fit in you will lose your job and income.

-Because it takes time to find what works in the work at home job market, you may find your self-waiting for a while without any income at all. What this means is that you situational change is out of your control.

-For the same skills which you may have been paid more when you had to clock into the office, you may be paid less and if you are in a dire position you may find that you are working more for less pay.

Pros of starting a  Home Based Business
-You are your own boss so you can control how much you earn from your business, hence there is no limit to how much you can earn.

-You do not have to clock in with any supervisor so you can set your own time and work at your own pace

-There is no cap on how much you can earn since you can scale your business as it grows and expands.

-You can apply the skills you already have to your new business especially if your home business ties into what was your career before you quit your job to work from home, hence shorten your learning curve in running your business. Time to profit will also be shortened.

-There is freedom of doing whatsoever helps your business to excel without having to check in with a company to see if it fits into their organizational goals.

-You don’t have to look for a job or depend on someone hiring you for you to create your own income, you already have a job so you get on with it.

-You are in control of your own destiny.

Cons of  Starting a Home-based business
-You may need some initial capital to start your business, and because business takes time to grow, it may mean that you will run for a time without any income coming in at all.

-You may not begin to earn immediately you begin to work unlike the work at home job option that you get paid once you start working.

-There is no fixed task that says your job has ended for the day you may find that you are continuously working until you get tired. You are sort of the business and the business is you, this means that you have to be super self-motivated to keep at it until it begins to yield a return.

-If your business should fail, you may have to return to a day job because you will probably need money to foot your bills.

-A home business takes a lot of planning and a strategic input coupled with a lot of marketing before it can take off and sometimes this may take longer than you expected.

-Sometimes you will have to invest resources, money, time and energy to learn how to run your business properly in other for you to see a difference and begin to make a profit.

Advantages and disadvantages of choosing a work from home job versus a starting a Home Business
Pro’s and Con’s of home business versus work from home Job

Having laid out the pros and cons associated with choosing either route when deciding to work from home, I have to say that the good thing about these options is that they can be combined, there is no hard and fast rule that says you must stick to one.

Some people in other to meet up with their financial needs may choose to take a part-time work from home jobs while they slowly build their business to replace their former income.
For some, especially if you are a stay at home mom, you may choose to build your home business slowly while still maintaining the lifestyle you had before until you begin to see profit in your business
For whatever route you choose to take or the combination thereof, what matters is doing what makes it easy to pursue and attain your dreams of being a stay at home mom who is doing what she loves and at the same time taking care of your loved ones.

Do you have any other Pros and cons of starting a Home Based Business versus a work from home Job? drop your comment below

How to Build your Empire like Gurbaksh Chahal

 

Gurbaksh Chahal

Today I will be featuring an inspiring post about how one man(Gurbaksh Chahal) started a business from barely anything and built an empire out of it. While this site may be predominantly a mom blog, I do not forget the fact that there may be readers who do not fall into this main category but who for various reasons may want to start a home business.
To everyone who reads this post I say, if he can do it, so can you

 

Disclaimer: This is a sponsored post please read my policies on the Blog.

Every telling of Chahal’s story begins the same way: Chahal was born in India but moved to the slums of San Jose with his family when he was one month shy of four.

A Sikh, Chahal wore a turban growing up and was bullied in school as a result. At one point, he claims, kids threatened him with a knife on the playground.

While his parents struggled to make ends meet, Chahal didn’t care about school and found his own way to do business. He was turned away from a McDonald’s job. He started buying and reselling printers on eBay.

Then, at 16, Chahal decided to start his own business. DoubleClick was “the big Kahuna” of internet businesses, Chahal says in his memoir, but he knew he could build a different business that tracked the number of clicks on an ad. He contracted with a programmer in London to build an ad-clicking program for him. To help get the gig, he created a fictitious name, Gary Singh, and said he was much older, according to his memoir.

Apple Ipad
Apple Ipad

Twenty-one months after he started Click Agents, ValueClick bought the startup in an all-stock deal valued at nearly $40 million.

The 18-year-old bought a Lexus and paid off his parents’ mortgage. His rags-to-riches story had happened in a blink of an eye.

In 2003, after Donald Trump rejected his application for “The Apprentice,” Chahal returned to the ad-tech business. The 21-year-old cofounded internet-advertising company Blue Lithium with Krishna Subramanian.

Chahal, meanwhile, used the success to explore other areas. MySpace was hot back in 2007, and Chahal wanted to launch his own social network called MingleNow, designed for club-goers and party people. Even this had Chahal’s Midas touch. MingleNow landed a partnership deal with Anheuser-Busch.

Within three years, Yahoo bought BlueLithium for $300 million. Chahal’s personal stake was valued at around $100 million. MingleNow shut down after the acquisition, but Chahal was just getting started.

That year was pivotal. He landed a book deal to detail “The Dream” — his story from a starting a company in his bedroom to selling his second company to Yahoo for $300 million.

In October, Chahal appeared on Oprah Winfrey’s TV show — “He’s single!” she kept gushing twice — addressing the bullies of his past and the opulence of his present. They had a detailed conversation about his Lamborghini doors, only to swivel back to the subject of him crying when he got home from school.

Weeks later, Chahal was featured on Fox’s “Secret Millionaire.” The multimillionaire lived in a hotel in the Tenderloin neighborhood for a week, volunteering for neighborhood charities, including a battered-women’s shelter. By the end, he had donated more than $100,000 to charity.

He was also written up in Men’s Health as No. 7 on the list of the world’s fittest and richest men — one of the other techies on the list was PayPal co-founder Max Levchin — followed by an appearance on “Extra” as one of the most eligible bachelors. In his memoir, Chahal reveals the one show he promised not to do was “Dancing With the Stars.”

Condiment Bowls
Condiment Bowls

That didn’t stop Chahal from seeking attention everywhere else. Chahal appeared on talk show after talk show, expounding on the world economic situation while talking about his fortune.

“What is the American Dream? That you can come from nothing and make something of yourself not once, not twice but three times, only to have all of it come crashing down from misinformation, that is spun wildly out of control into the world of make-believe and then goes viral into the blogosphere. We need to hold on to the American Dream, and reject those who would rather make it a nightmare,” he added.

Today, Gurbaksh Chahal’s story is one to keep an eye on. His rising fame, ability to build something out of nothing and keeping his empire alive is what many strive for in this day and age. He continues to inspire, uphold and take pride in his work both on and off social media. So what is your dream for you and your business? Do you hold the American dream for you and your family? How can you bring your business to life? leave your comments below

Gifts for Him
Gift set for men from Burlington

10 Online Marketplace where you can sell(with high shopping traffic)

Online marketplace to sell your goods
10 online Marketplace where you can sell your products

If you are a follower of my blog you will know by now that I am someone who is passionate about starting home businesses from the comfort of your home. In my older posts, I have explored different ways you can give expression to the Idea of starting a home business. You can check my post on Drop-shipping if you are interested in reading more or my post on how to start an Etsy shop.

While I have always recommended starting a shop, nothing beats the flexibility of online marketplace. It gives you the opportunity to stay at home and showcase and sell your products to the whole world. I have delved into the individual online marketplace like Bonanza and Etsy but today I am going to be exploring the 10 different online marketplace you can sell on in other to have a thriving and successful home business.

I know that many people know the online marketplace giants  like Amazon, Ebay and Etsy  I will leave it and go to the less known but also popular and unique online market places this will make it easy for you to make a decision as to which one you would like to start with. As you read through, you will be able to make a decision based on the online marketplace you like most.

Elegant Crossbody Bag with Lock in Flap.

1 Rubylane

Rubylane is an online marketplace where you can sell Vintage, Handmade , Antique, Artisan or Upcylced items. They feature different categories like Jewelry,Dolls, Fine art,Furniture and lighting, Glass decors,Porcelain and Pottery, Vintage fashion. Etc.

If you are someone who loves to hunt for vintage and antiques that you will like to resell, then this may be the ideal place to open your online store and sell such items. When you open the online marketplace you will notice that their items are quite pricey, of course it denotes the quality of what they have to offer so you can judge how to position your shop. It costs about a 100 dollar for the first time set up fee, they also charge various fees for the different categories of items. Click here for further details.

The good thing about this online marketplace is that they enforce MAP(minimum advertised price), this means there is a threshold to which you can price your products, this prevents unnecessary price wars and helps ensure that every one has a good price fro their products.

2 Wanelo 

Wanelo is like your  average shopping mall,you know the Macy’s of this world, only that it is online. It is an online marketplace where people can apply to sell their goods, it features basically fashion items and has about 350,000 stores on it.

The good thing about Wanelo is that you have independent sellers and also Fashion brands who open stores on their platform. Wanelo was opened in 2012 and has listed about 30 million products. Millions of shoppers use Wanelo as their place to shop for items they love without having to set foot in a brick and mortar shopping mall. They can shop from their different brands and combine all into one shopping cart. Kind of like your regular Polyvore without having to visit each shop independently.

You can apply to sell on Wanelo by installing their sales channel, this costs you nothing. Your shop is then sent in for approval, once approved you can begin to upload pictures  of products you wish to sell. The Wanelo systems charges you 15% commission for every order fulfilled and will also help you sync your products from your shopify store in case you already have one before you went to sell on their online marketplace.

3 Zibbet

Zibbet is an online marketplace that features basically handmade items, it is like an alternative to Etsy if that suits you. They have different categories like Jewelry, vintage items, soft furnishings, supplies, home and living, kids, photography, Fine art. Zibbet online market place is unique for the following reasons

-zero listing and sales fees

-standalone shop front

-Easy set  up and seamless integration

-Offer promotional tools and also have effortless and seamless order fulfillment options

-They offer advanced tracking analytic and can also import your Etsy listed items

-You can have your own custom domain name and they also offer multi currency support.

If you are a stay at home mom who love handmade and crafted goods, you may consider this as an answer to your prayer of getting your goods out there for others to buy. They offer you the easiest way out with listing of unlimited items for no fees. Its something one should consider. It’s a good alternative to Etsy if you feel that Etsy is so big that your items will not be noticed if posted there.

Zibbet has about 54,000 online stores currently on its online marketplace.

4 Sears.com:

I know when you think of sears you are seeing a brick and mortar shopping mall, scratch that  sears is online and is currently offering individuals who want to sell an online marketplace where they could sell their products just like Amazon does. It also offers fulfilled by sears, just like you have Amazon currently doing.

All you have to do is sign up in their online marketplace and you are good to go. Sears takes its payment after you have made a sale. You can read up on this on their page, if it interests you.

Poncho Shawl for womenr
Boho Styled Warm Poncho

5 Artfire

Artfire is an online marketplace where crafters and sellers of handmade goods can showcase and sell their goods just like you would on Etsy. It features different categories of items like Jewelry, kids, wedding, home and living , clothing and accessories and also entertainment. It’s a great alternative if you seek to showcase your goods on a smaller platform where you feel your goods will gain more buyer attention. One of the good thing about this platform is that it has no listing or selling fees, it also features a well developed online community forums, because people who visit Artfire are looking for specialty items, they are more likely to buy from the shops on the platform.

6 Flipkart:

Flipkart is an online marketplace that is founded by Indians and available for all to sell on. Gist has it that the founder was refused an immigrant visa in the US after schooling there hence he went back to his home country and founded Flipkart. It’s a billion dollar  eCommerce giant much like Aliexpress and Amazon. It helps people who want to showcase and sell their products especially to emerging markets like India to do so.

7 Jet.com

Jet.com is a new online marketplace as compared to others that are listed above but it is making waves especially since Walmart said it will acquire it. So if you want to tap into a market place that will have the backing of Walmart retail giant, then now is the time to open your online store on jet.com.

It features different categories like Grocery, appliances, home decor, furniture and lots of other features which you can find on their online marketplace. Just picture your average Walmart store and you won’t be far from the truth.

You can start your online shop on this platform by applying and once your application is approved you will be allowed to set up your retail portal on their platform.

Benefits of this platform is that its that they help you manage your competitiveness and profitability via their search engine optimization.

 

8 Toucandeal.com:

This is an online market place which is a bit new but has the opportunity to list your items for free and pay a commission after you make a sale. The commission is usually about 10% of your total sale.

925 silver Earrrings
Fashion Earrings

9 Triple clicks.com :

Tripleclicks.com is an online marketplace that operates much like ebay because you can sell there, and also bid for items if you are a buyer. The fun part is that you can also play games and win prices on the platform. The listing fee is free and you can sell  unlimited number of items

10 Offeritem.com:

This is an online marketplace where you can sell things for free, there is no listing fee and they have the advantage of featuring your items on Bing shopping, Google shopping , Thefind and Shopwiki. Your products also gain exposure through their RSS feed and other social media button options that they provide to make sure that millions of shoppers find your products.

Do you have an idea of any other Online Marketplace where you can sell, please leave a comment below

Secrets to running a successful Re-sell of Used Items Business

Secrets to Running Re-sell of Used Items business
Secrets to running a successful re-sell of used items Business

Selling used item is one way which a stay at home mom can earn extra cash while staying at home raising her kids, however, this post will be dedicated to writing about secrets that any stay at home mom can use to make a living from successful re-sell of used items. if you have been considering starting a home business but don’t know how to choose the right business then consider reading my post on how to choose the right home business for you

Disclosure: There are affiliate links associated with this post, if you purchase from any of these links, I make a commission which does not in anyway increase your cost of purchase but helps me to keep this blog running.

Used items which command fair value is a market for people who want to shop close to originals without having to pay the price of brand new items. We often times buy stuff which we may not end up using or there may be items that the useful life has passed by in our own time, therefore, we need to sell it off in other to declutter our homes.

For anyone wanting to start up a business in buying and reselling used items, I would recommend to start with your own stuff. You can start by getting organized and sorting out those things which you no longer use and then categorize them into different niches and check which one of them you have good knowledge about.

For example, if you are a stay at home mom that has been having kids for some time, it’s inevitable that you will already have knowledge of baby gear that comes with that territory.  Before I had my first child, I needed a breast pump that I will use, so I went and bought a particular brand which I liked so much because of its brand appeal, after I had my baby, I assembled the pumping gear and tried using it but it didn’t work for me.

My breasts were still engorged after attaching it and using for some time, so I had to return the pumping gear which was quite expensive by the way, the next one I bought was way less expensive and It worked. With that, I learned that brand may not always be the thing to consider when buying baby stuff.

Because I have 3 kids, I have gathered some invaluable knowledge about baby gear which I believe will be of tremendous use to me should I choose to start a business of re-sell of used items. For you, it may be something else, but whatever it is, it is always better to start with a niche you are knowledgeable about since it’s a new business, that way you can grow steadily.

Facts to consider before starting the Re-sell of used items.

-Start with a Niche that you are already knowledgeable about:

I have already written a little about it above, choose a niche that you are much more comfortable with and which you have a good knowledge about, this will enable you to pick winners in the business of re-sell of used items.

-Buyers want a good value for the money they pay for items even if it is used:

Most people who shop for used items are those who are usually on a budget but have good quality taste, just because they are shopping in the fairly used market does not mean they will buy any trash available. Therefore your knowledge of that product will make it easier for you to know the likely places where there are scuffs on a product and avoid buying stuff that will be hard to re-sell.

For example, people will want to buy an almost new baby stuff, remember because it’s baby stuff, their emotions may be involved so if you are selling such stuff, make sure that in buying from those who are selling to you that you buy items that are almost new, this will make it easier for people to purchase.

When I had my last baby, I went to a garage sale to get some items for my baby, It was going to be my last baby so I didn’t want to buy baby stuff that I will end up giving away in a few months to come.

So I got there, and saw this beautiful baby play pen, I purchased it and when I was about to leave I saw an almost new baby mattress because it was almost new, I purchased it too. I guess if it had been weather beaten I wouldn’t have considered it.

The reason I bought it was because I could fit into the Play pen and make a baby bed with it. It solved the problem of buying a brand new baby bed and mattress which will have cost me more.

-Shopping in the high-end neighborhood  and mobile areas will give you better margins:

In the business of re-sell of used items, shopping in a high-end neighborhood is a must. it’s always better to go to areas where a lot of rich people live, this is because they tend to acquire stuff that they no longer use in a short time and will be willing to offload from their garage to make space for more.This means you get good quality of products from willing sellers at a low price.

The second option I talked about earlier is that you are likely to get a load of free stuff to re sell from areas where there is a lot of moving and resettling going on.

You find this in places where there is a high number of rentable apartment buildings, this because most people that live in apartments are either there for the short time or are young people who often move with a short notice. Because they don’t want to incur storage costs or transportation costs, they often throw away valuable stuff, from furniture to electronics.

If you are someone with a good eye, scoring that kind of area can give you free stuff to resell for a profit.

-Check for the ongoing price of Goods before you buy:

The reason you are in business is to make money, this means it will not make sense to spend all your time running around to get goods that will just occupy your garage space without moving.

Hence be sure to check the price of the goods you are about to purchase for a re- sell before you pay for it. The easiest places to check is Ebay. That’s one of the oldest platforms for re-sell of used items. Ensure you know the going rate for that product you want to buy at the flea market or garage sale before you buy it. It pays to do your research at home before moving out, that way you are more focused on what you want to buy, how much you are willing to pay for it and how much you will make from selling it.

-Shop on heavy discount days

With re-sell of used items, the lower you can keep your costs, the better, that is why it’s advisable to shop on discount days when you know that thrift stores will be trying to empty their stores in other to make room for new ones.

It’s not only in thrift stores that you will find such deals even real stores sometimes sell unused items at ridiculously low rates because they need to clear out their stores for a new season. Therefore having this in mind and taking the time to research when it will happen will help you attain some good deals which you can flip later for a good price. Unused items with their tags on is always a winner because people will like to purchase it given that it is still new.

-Beware of shipping costs:

Most times in our rush to buy used items for a little amount with a good re-sell profit we forget that we have to ship those goods, ensure that you factor your shipping costs into your sale price before you start purchasing. A low-cost item which is heavy may not be a good deal at all when you find the shipping cost alone will take almost all your profit if not all.

Categories of Used items you can re-sell

-Baby Goods: e.g baby clothing, toys, strollers e.t.c

-Clothing and accessories: Designer wears, Shoes, Bags, Jewelry, hats etc

-Furniture: Bed, couch tables, chairs, wardrobe.

-Gadgets: Games consoles, phones, camping gear.

-Crockery and ware: Dinner plates, cooking pots, pot stands, grill gear

-Electronics: Tv, Radio, speaker, etc.

-Antiques: Rarely seen items that had value, vintage items that are no longer in production.

-Books

-Tools and Hardware.

In this next section of this post, we are going to deal with how to start off, where to get your goods from and the tools you will need for your new business.
SABON
How to start:

As I always reiterate, start from what you have, at the beginning of this write-up, I mentioned how you can start with selling your own used stuff. Looking at all the categories above, there are hardly families which do not have some unused stuff in some if not most of these categories, so you can start by organizing your own garage sale in other to test the market and see how buyers who buy from you are likely to behave. This will give you a good idea of how your intending customers will look like and what are their most likely buying habits.

If you find that you don’t have enough used stuff to sell, please tell your friends and ask if they have stuff they want to dispose of, you can go collect it from them and see how you can sell it. If you tell them that you want to do market testing with it, am sure you will likely get if for free from them. Remember that if your business starts succeeding you may not always get it for free. So be ready to start bargaining with them the next time you want their used stuff.

 Places you can get goods on sale

Garage sales: you can scout for garage sales that take place around your area and know when they are likely to open so you can go check out their stuff. There are a lot of apps you can use to check for garage sales that are in your location, some of them are: Garage sale finder, varage sale, Vendu, Glicking garage, yard sale treasure map, these ones are mainly for Android phones, if you have an iPhone then you may consider these ones: Garage sale rover, garage sale by map, Yard sale mapper.

Consignment stores: consignment stores are shops where people go to keep their stuff for some amount until it sells, so you can also find good deals there

Flea market: Flea markets are absolutely the place to hunt for treasures because you can find goods which you can re- sell at a very good price. I believe the apps above also apply to flea markets too. To add to the list above you can check these apps out Listia, 5miles, carousel. The good thing about these apps is that it’s a two-way thing, you can buy from them and sell somewhere else or you can also sell on it.

Community market sales : sometimes you can go to a community market and get a good bargain which you can re sell online for profit, the key is to look out for good quality products that are being sold at very low prices because of change of seasons, you can re sell such when a new season arrives.

Thrift stores: Thrift stores are also a major place where you can get a good item for sale.

Friends and Family: Sometimes you may have some friends who have a lot of stuff lying about in their garage which is occupying space for years. You can ask to go through them and see the ones that are of good value which you can re- sell for a profit.

Rented apartment Buildings: I made mention of the fact that sometimes people who are mobile are often reluctant to pay to ship furniture that they have lived with when they are moving, so they often dump them.

If you look carefully you may sometimes find very good furniture thrown away which you know will command a fair price in the market. Taking them up and cleaning them can give you a good amount of money when sold, The cost of acquisition being perhaps your transport and cleaning costs.

Walmart:( Look for sale items only.): Seriously one wouldn’t take me serious when I say that you can get a good quality stuff at Walmart for a sale price. I have once bought a nice kids pants for a dollar at Walmart amongst their sale items which I knew I could re –sell for 6-7 dollars when the season for that clothing type comes around.

Places to Re-sell your Used Items.

The good thing about all that apps that I mentioned above is that they are two functional, you can buy and sell on them.But to give you more options for online sales, here is a list of places you can sell your used items

Ebay Like we are going to miss this one out, it’s the king of market places where used stuff is sold. People make a living from selling on eBay once you understand how it works. I will do a post on this one one day.

Varage sale: Varage sale is an app that allows you to buy and sell locally. I had try this if I am just starting out on selling used stuff, that way you might save on shipping costs for your goods.

Ebid; This is also an online marketplace for buying and selling that has been around since 1999. The good thing about this platform is that there are no listing fees and your selling fees will range from only between 0-3 percent of your final sale amount. This means that if you list a product and it does not sell. you don’t have to pay anything.

Decluttr : A place to sell your used phones, CD’s, game consoles, DVDs, books. If you had like to sell your stuff to them click on the icon below to get to their website.



 

 

Bonanza : This is also an online marketplace that features different kinds of categories from women’s fashion to home and décor too. They were named America’s best entrepreneurial company in 2016.

Etsy: Etsy is a marketplace for handmade goods, they are quite popular and people do make a good living selling stuff on Etsy. I believe that you can sell used stuff there that are handmade.

Facebook marketplace: The Facebook marketplace is also the go-to place to sell your stuff, there is hardly anything we can sell or buy or market without Facebook so get at it and use it for your business. The good thing is that you don’t have any listing fees involved.

Offer up: This is an app that makes listing goods for sale by sellers very easy, it has an integrated messaging system that helps the sellers to manage multiple messages from buyers. It’s been rated well by the iPhone users as very good.

Online shop: Finally if you are willing to put in the work of building your own platform for your Re-sell of Used items business, you can start an eCommerce store using  Shopify an online e commerce platform that enables you to sell goods from anywhere in the world.

This last option is about the best of the above options because you have your own platform and you control what happens there. The only snag is that you have to do extra marketing to drive traffic to your site, but in the long run, it pays off when you establish your business securely and you are earning a steady income from it.

Of course, there are scores of other market places and apps that you can use for your selling, but this few above should help you get started.

Tools you need for this business

-A laptop

-Camera for taking pictures you will use for listing your stuff

-Phone and internet connection( if you have an iPhone, the better because some of the apps mentioned above are available on iphones alone.

Do you have any other ideas on how to turn Re-sell of used items into a good business, please leave a comment below.