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Where Can I Buy Cheap Stuff to Resell?

Jul 6, 2020

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When I first got into buying and selling online I wanted to know the best places to get cheap stuff. So, I did some research and put together this helpful article about the best places to buy cheap stuff to resell.

So, where can I buy cheap stuff to resell? The best places are online marketplaces such as Alibaba.com. You can also get cheap stuff from liquidation sales, where whole lots, or boxes of product are bought and sold. Finally, there are thrift stores, yard sales, and wholesalers.

Knowing where to buy from can be tricky and does depend on your market. Below, I will provide a complete list of the best places to buy cheap stuff to resell.

Where do you get the best items to resell?

You should go to any of these sites listed below, but you should have an idea of how you are going to market the products you are doing to resell.

What makes them so good?

Everything they sell is ridiculously cheap. They also have many different vendors which means the selection is excellent. They also have a huge user base which means that the marketplace is competitive which keeps the prices down. Their websites and online systems are also a breeze to use.

You should browse through these and see what you would like to resell. You will find that they offer significantly cheaper prices relative to retail stores.

When using the resellers above which we mentioned you should be careful not to get taken advantage of. Some vendors may try to fleece you, and it is important to properly vet them. We have put together some vetting questions that you should have an answer to. They are:

Can you provide a written or video testimonial from a customer who has purchased the same product that I will be buying?
Have they made this product before?
What is their experience level in making this product?
How long will it take to make?
Are there any additional costs?
How is payment made?

You want to buy from wholesalers who have a strong track record and good customer reviews.

Being successful reselling is more than just finding a cheap product you need to market your listings in order to make it successful. It is helpful to create a marketing plan.

That way you know you can make consistent sales. The way to do this is with a marketing plan. You should select from the many marketing methods and see if there is a market for it.

There are many online marketplaces that can give you a boost in traffic to your listings. Because the main thing you want to your listing are eyeballs and potential buyers.

That way you can sell a huge amount of product. It is important, however, to start small, and get sample products from the suppliers you select.

This website sheepbuy.com is an online marketplace where you can list items for free. You don’t have to pay any fees for up to three items. It is an easy to use platform, you should give it a try by clicking here to go to the registration page.

Thrift Stores

You can find many items at thrift stores that you easily double your money on. These include name brand clothing, shoes, furniture, and many others. I recently bought a $600 pair of jeans for $20 at a thrift store. I could have sold them for $100 online.

The key is in choosing the right kinds of products. You should look at an online marketplace that sells second hand items and see what products appear to be selling well.

Products that do well are:

Wood furniture
Upholstered furniture
Vintage eyewear
Bicycles
Vintage electronics
Clothes and shoes
Collectibles
Concert t-shirts
Books.
Sports jerseys and memorabilia

This list came from vitaldollar.com

The reasons why you should go with these items is that you can determine how much a similar item would sell for on eBay.com. We did an article on how to determine the resale value of an item which covered this process in great detail.

You should definitely read it by clicking [link to the determine resale response post] here to go to the article.

Liquidation suppliers

There are many liquidation suppliers. They get inventory from estate sales, foreclosures, and business liquidations. They get these items for extremely cheap and offer them at prices which make the resellable.

Depending on your niche you should search for that specific type of liquidation supplier. There are specialists in the big niches, such as books, and clothing.

There are also many liquidation suppliers who for example sell boxes of books for half the retail price of what you can find online.

We have dedicated a whole article about where secondhand bookstores get their books from, with an analysis of how much money they make. You should definitely check it out by clicking [link to how to secondhand bookstores article]here.

There are also lots. You may recognize them from the iconic show Storage Wars, here is a video of the trailer for their show

It is a reality show about business partners who buy storage lots that are for sale. They bid anywhere from $100 to $1000 for a lot. Before bidding they get a chance to inspect the items. They use their knowledge of what they think the items could sell for and make huge profits.

There are probably many courses and coaches who are able to teach you how to do this kind of reselling.

Yard sales

Yard sales are in a similar category to the previous two places to buy cheap stuff to resell, but they are worth mentioning. Two reasons, the first is that you can find some rare vintage records, clothing, and other treasures. The second is that it’s just so exciting. You never know what you will find.

How do I sell my products once I get them?

There are many ways to market and sell your items. The easiest way is to list them on an online marketplace. There are many online marketplaces, but you want to go to those that are further up the supply chain… as they say.

You should find an online marketplace that looks like it is a good fit for your product. Most of the bigger marketplaces sell almost everything. But, there is heavy competition.

If you go for smaller marketplaces you can mark your prices up more. The other thing you can do is sell them on a website that you make. But, unless you know how to make websites this can take a long time, and you are better off marketing your products.

There are many ways to market your products. Below is a list of the ways to market your product.

Email marketing.
Linkedin.
Facebook.
Online marketplaces.
Flyers
Direct Mail
Cold calls
Print ads
Pay per click
Referrals.

There are literally hundreds and hundreds of ways to market you products, you just need to choose one and do it consistently.

Conclusion

You can buy cheap stuff to resell from wholesale websites, thrift stores, yard sales and liquidation sales. When finding a good wholesale supplier you should look for strong reviews. With thrift stores there are certain categories of items which can be good to resell. These are:

Wood furniture
Upholstered furniture
Vintage eyewear
Bicycles
Vintage electronics
Clothes and shoes
Collectibles
Concert t-shirts
Books.
Sports jerseys and memorabilia

You should also look for these items at yard sales. The important thing when buying cheap stuff to resell is to market your products. There are many different ways to market your products, and you should do it consistently to grow your reselling business.