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How To Find Out What Thrift Store Finds Are Worth
How To Research Thrift Store Finds
If you are interested in buying and reselling from thrift shop then you will need to know how to what the items are worth that you are buying. Well there are a couple of places that you can research the best price for the it.
You can search sold items on Ebay for an average of selling price. You can also search for what the same or similar item is selling for on Amazon. I would suggest using Ebay the most because you are able to see how many of the same item have sold and for how much. You can also see what didn't sell and you are able to study what the seller did or didn't do in the auctions to make the items more or less appealing to buyers.
Thrift Store Finds
When I see an item at a thrift store that I think can be resold for a profit I will use the internet on my phone to find out. I look up the item on Ebay and find what the average sold price was and what the condition of the item was. When I buy I try to get a minimum of $10 profit out of each item. Normally I end up buying 2 or 3 items every time I go there. This insures me of at least $20 to $30 profit for the day. And if you do this everyday you can make a couple hundred bucks a week. Not bad money for an hour or two of work a day.
Thrift Store Finds For Resell
Another place you can use to find out the value of one of your finds is Craigslist. Search to see if someone recently put one up for sell. While this may be not be the best place for research it will help to see what people value their items at. There is a difference between using Ebay and Amazon as opposed to Craigslist for the task.
My Other Thrift Store Related Hubs
- Can You Find Good Resale Items At Thrift Stores
A few years back I was looking into was to make some extra cash offline. There were many options available but not all of them were practice. Some required a large sum of money to get going and some required heavy lifting which was way more work...
Benefits Of Thrift Store Item Research
With Ebay and Craigslist you are dealing with people who mostly are selling an item that many people are also selling so they offer the item for sell based on those factor. while I have found that with Craigslist you are dealing with people who have so preconceived notion of how much the item should be worth and they price it based on those factors.
When viewing Craigslist listing you often see items for sell where the seller notes what they item was bought for brand new and they usually price the item close to that price. However as a buyer you are not looking to pay nearly that much to acquire that item, especially if you are going to resell it. An item is ONLY worth what someone is willing to pay for it.