Thread by @flips4miles

Why reselling items on Amazon & eBay is the MOST practical side hustle if you need extra 💰 and how to take advantage

THREAD

Lets start off with what exactly is reselling?

Basic arbitrage.

Buy one place, sell another.

Buy low, sell high. But of course there's more to it.

There's many niches to resell.

Some flippers prefer toys, some shoes, some textbooks, and so on.

You don't have to be romantic to any specific niche or product type.

There's also TONS of marketplaces to choose from to find your bread and butter...

Amazon, eBay, Etsy, Craigslist, GOAT, StockX, Facebook Marketplace, the list goes on.

Some items do better on specific marketplaces, and some items can only be sold on specific marketplaces.

The same goes for finding products.

There are profitable products available to buy from Walmart, Target, Home Depot, Lowes, Goodwill, Outlets, pretty much anywhere there CAN be arbitrage opportunity

You just need to know where to look.

What makes reselling so practical?

Anyone can do it.

Anyone can walk into a store with their Amazon seller or eBay app and scan barcodes, read data, buy stuff and sell it.

and you can do it on your own time.

Everyone has their thing, some people love collectables, antiques, others like sneakers or toys..

The great part is you can make money selling the stuff you enjoy talking about and consuming.

Let's say you're a sports fan, tons of money in the sports card and apparel space.

Make it happen.

Reselling is a complex topic yet very simple at the same time.

You're just buying stuff and selling it.

Amazon and eBay already have MASSIVE traffic to your website, you just have to provide the products.

Additionally, reselling teaches many important skills.

Photography, listing, negotiating, and reading market data can pay off in many other industries.

The key is finding what you enjoy sourcing, and then finding ways to get it at scale.

Let's say you're just starting out with $200 to work with, anything works.
You immediately find all your old stuff you don't want anymore and sell that.

Think shoes, video games, WHATEVER

You get that listed ASAP (using free youtube tutorials from the pros), and still have your $200 to deploy.

You then head over to Facebook Marketplace and search "FREE".

People giving away stuff for $0.

YOU JUST GO AND TAKE IT.

Amazing.

You make it look good, and sell it for $20, $30, $40, whatever is below what you're competitors are selling there's for.

Remember you paid $0 for this stuff.

Now you're actively selling stuff and sourcing it without spending your $200 yet.

By this point you've sold an item or two and are enjoying the hustle.

Now start buying product.

Act FAST. Screw up fast, everything is a learning experience.

Before you know it you're bringing in a few extra hundred bucks and maybe you're really enjoying yourself.

Reselling changed my life, and I know if you need extra money it can be the answer to filling that void.💰

I'd love if you could RT the first tweet if you got value from this! Let me know if you have any questions and thanks for reading.