Flea markets are a great place to sell used and useful items. This weekend or monthly enterprise offers the opportunity to sell goods either from your own junk closet or from wholesalers where you can get a deal. If you follow these steps you can sell at flea markets and make a profit.
- Gather your inventory. Decide what items you want to sell and then gather the inventory. The most profitable items available at flea markets are clothing, books, auto parts, tools and jewelry. Select the items that you have the best access to purchase cheap so you can make the best profit at the market.
- Contact the flea market. Once you know what to sell you have to decide where. Check local newspapers for the flea markets in your area. Then contact the flea market for instructions about how to register to sell at that market. Find out the booth rental fees and any advertising options.
- Complete and submit proper licenses and documentation. Complete the paperwork required to sell at that flea market. If there is a license required to sell items in that area, make sure you have all your paperwork in order.
- Price the items reasonably. One of the easiest ways to make a profit at the flea market is to offer items at a huge discount. For example, offering used clothing for under five dollars is a great deal that flea market buyers aren't likely to pass up. Price your items at a deep discount and label the price clearly on each item. If you are looking for haggling then you can mark the price up a little higher but be aware that some flea market buyers aren't interested in haggling, especially if you competition offers a better deal.
- Advertise. At larger flea markets there will be several booths offering the same type of goods for sale. In order to attract buyers to your booth, make sure that you have adequate signage to advertise your items and position your goods for display so that they attract buyers.
- Set up and sell. Arrive early on market day so you can set up your tables and your items for sale. Put a smile on your face and be ready to get out and mingle with the people while you sell your wares. Part of any good sales plan requires the seller to get out and make nice with the customers. Even at the flea market you should be willing to get out from around the counter and talk to people. Sell your personality as well as your goods and you can take home the cash every time.
It's possible to sell at flea market and make a profit. While you might not be ready to quit your day job, with some planning and hard work you can make the flea market provide a substantial second income.