Market Problem 🤔
Buying luxury products at retail value is expensive.
Buy used instead. You can purchase multiple secondhand items for the same price as its retail value.
Purchasing secondhand items also reduces waste.
How Do I Profit Off This? 💸
For Entrepreneurs / Business Owners
Buying and reselling secondhand items is one of the easiest ways to start making money online.
The concept is simple. Buy low and sell for a little bit more for a small profit.
All you'll need is an internet connection, some negotiating skills and you're set to start earning $100 a day (with some effort of course).
If you are on a really tight budget, you can increase your margins by collecting free items from Craigslist and Facebook.
For people with more experience, check out our business opportunities report titled "Flipping Pallets".
As an investor you're looking to have your money work for you not the other way around so the logical thing to do would be to invest in platforms that promote secondhand items selling.
Here's a list of a few mainstream marketplaces.
- Facebook marketplace
Besides investing in the companies that make selling secondhand items easy over the internet, there's probably better opportunities to take advantage of.
For Blog Owners/Content Creators
As a content creator the best thing you could do is to document your experience sourcing & selling secondhand items.
Lots of people are interested in learning how to create their own side hustles and showing others how to do this is a great way to build an audience.
Also due to the nature of this you could possibly create a course showing people how to copy your system step by step in their local area.
Case Study - Hustle & Slow
Hustle & Slow is a female ran YouTube channel that shows other people how to sell secondhand items with demand over the internet.
You can access here channel here.
For Those In Ecommerce
For those in e-commerce selling secondhand items would work but the issue would be finding a steady supplier that can match your demand at any time.
Your best option for solving this issue is to check out our business opportunity report titled "Flipping Pallets".
This will allow you to buy items and large quantities at a discounted price. These items can often be branded goods.
Early Adaptors 🧍
Read this article on how Poshmark took advantage of this trend to grow a massive secondhand items store over the internet.
Future Predictions 📅
One of the easiest things people can do to earn some quick cash is to sell used items on the internet.
Thanks to the low barrier to entry & low costs for the buyer, this market is not going away anytime soon.
What Are You Waiting For? 😤
There are opportunities all around you. Go get them!
The only way to earn BIG money is to spot opportunities yourself. Click here to see if our Opportunity Spotting Bootcamp can help you!