2nd Hand Flip
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From Close out Sales at Retail Stores to Flea Markets, Rich, Poor, Middle class, the art of the deal is inherent in all of us. We built the American Dream on the adage, Buy Low and Flip It. Now learn how to get into this exciting business from the people who are doing it. Learn how to use Online Marketplaces such as Facebook, OfferUp,LetGo, etc. that offer free marketing of your products. More
Review from a Resell Shop Owner: I find this book to be an excellent guide for the person thinking about starting a business in resale it's nicely laid out very informative lots of details you've covered all the bases and have a great chronological order making for the perfect outline to starting your own business. Especially love the chapter on Pinterest and the role it plays in this business. storealways
You've been to antique markets, thrift shops and 2nd hand stores. You have been wondered what it would take to buy and sell like the dealers in the shops you have visited. Now's your chance to find out. From Close out Sales at Retail Stores to Flea Markets, Rich, Poor, Middle class, the art of the deal is inherent in all of us. We built the American Dream on the adage, Buy Low and Flip It.
Why get into the business of reselling? According to National Association of Rstoreetail Trades, (NARTS) (https://www. narts. org,) a consumer reseag allerch firm, an average of 15 percent of Americans shop at resale stores in a given year. The industry has experienced an average growth of seven percent a year for the past two years, and, according to IBISWorld, reselling is expected to increase at an annualized rate of nearly three percent until the year 2021.
The number is higher if you add in Flea Markets or sales through online thrift stores. For consignment/resale shops, it is higher, hitting in the area of 12 - 15%. To keep these figures in perspective, consider that during the same time frame; 11 percent of shoppers shopped at outlet malls, less than 20 percent in apparel stores, and just over 21 percent at major department stores.
While many major businesses close their doors every day, resale stores, including the small Mom and Pop booths in Resale malls, remain healthy and continue to be one of the fastest growing segments of the retail market.
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