The Thrift Store Reseller Blog

Discover what Thrift Store Items to Sell on Ebay for Profit!

How To B.A.N.K. as a Reseller

Money in the Air

I’ve been happily reselling thrift store items on eBay for several years now, and in that time I’ve been fortunate enough to learn a few things about the trade such as what items to sell, how to clean thrift store shoes, the value of goal-setting and many other lessons that have come along the way.

My experiences have taught me that this business – and I call it a business in the most casual way as possible – is really a LOT of fun and it’s easy to learn if you have the right mindset and the right tools to help you along the way.

Now, I’m aware that, especially in the beginning, it may seem difficult and some aspects of reselling may seem elusive; but I can promise you that it will pass and it will get easier if you follow some fundamental principles.  In this posts,  I’m going to share some of those basic building blocks with you and I’m going use the acronym B.A.N.K. to help illustrate those points.

“B” is for Blueprint

Blueprint

I’m a fan of making things as simple as possible, so I think any discussion about how to succeed as a reseller should first start with the basic blueprint.  At this point, there’s no need for any confusing statistics, or discussions about about which format is best to use, or what time of day is best to visit the thrift stores.  There will be plenty of time for that later.

All we really need at this point is a simple, one-sentence statement that accurately describes what it is that were trying to do.

Here it is:  Buy something for less, and sell it for more.

It’s a little more complicated than that obviously, but when you get down to the basics that’s what it’s really all about:  Buying something for cheap and selling it for more.  This isn’t a new concept, either.  It’s been done for hundreds of years and in practically every setting from real estate, to the the automobile industry, and of course the stock market.

So why is the thrift store model for reselling so successful?

Well, it all boils down to the first part of the blueprint which is “Buy something for less…”.

Despite the annoying trend of upwardly moving prices, thrift stores are still a great place to find amazing deals on shoes, jeans, shirts, jackets, and just about anything else you can think of.

And another great thing about thrift stores is that people are constantly donating more stuff.  I don’t know if it’s because people are extra generous or if it’s because we generally buy more stuff than we actually need (it’s probably a combination of both) but I firmly believe that the supply of cheap, valuable things at the thrift stores will never run out.

“A” is for Activity

Stay Busy

There are a lot of eBay-related activities that I perform on a daily basis but the most important task - and the ones that you should pay the most attention to – are the following:  visiting the thrift stores, cleaning and taking pics, listing your items on eBay, and mailing your items.

Making $10,000 a month is my ultimate goal and - although it’s always in the back of my mind - in reality, I think about it very little on a daily basis.  Instead, I’ve chosen to devote my focus and attention to those 4 key activities that I just mentioned.

These are some thoughts and questions that swirl around my head throughout the day:

How many thrift stores have I visitied?  Can I sneak in another visit?  How often am I cleaning and taking pics?  Let’s get these items listed TODAY!  I know it’s late but let’s get these items packed and ready to ship tomorrow.  Let’s check out X, Y, and Z thrift stores tomorrow – we haven’t been there in a while, I bet they have some good stuff lying around.

I know it can be tough at times but you need to challenge yourself to keep your activity level up.  Honestly, the toughest part for me is the middle part of the reselling process – the cleaning/taking pics & listing your items on eBay.

To me it’s the most boring part.  I could visit thrift stores all day and never be tired of it; hungry maybe, but I’ll never get tired of it because it’s exciting!  But as soon as the adrenaline of treasure-hunting wears off and the reality of cleaning and listing all of those items sinks in, it can be a challenge to get myself motivated again.

But as much as I hate it, it needs to be done.  If I don’t clean and take pics of items then I won’t have anything to list.  And if I don’t have anything to list, then I won’t have any sales.  And if I don’t have any sales then this whole system breaks down, doesn’t it?

And there’s needs to be a healthy balance, also.

If all I do is visit thrift store because it’s the fun part of reselling and I avoid cleaning and listing those items because they’re boring, then that won’t do much good either.

Or what good is it to get paid if you neglect to ship the items?  You may have the money in your account for a little while but Paypal will be quick to take it back when you can’t provide proof of shipment.

So if you’re not reaching your sales goal, assess your activity level.  Remember, it’s good to have goals but I think it’s more important to focus on those activities that will help you achieve those goals.  So ask yourself: How active are you in those 4 areas?

“N” is for #NeverGiveUP

#NeverGiveUp is a hashtag that my friend and fellow reseller Mike (@BOTC12) likes to use and it’s one of my favorites.  Selling on eBay can be a roller coaster at times, and while the highs are fun and easy to manage, the lows can be downright daunting and gut-wrenching.

And just to let you know:  You WILL eventually experience lows as a reseller.  There’s no way around it.

You will eventually encounter bad custFrustationomers who will try to take advantage of you (yup, they’re out there), you will experience times when you leave the thrift stores empty

handed, and you will go through days when nothing’s selling.

These experiences are a given, but having a #NeverGiveUp attitude will help you overcome these hurdles.  There were many times early on when I wanted to just stop completely – when I questioned if I should still keep going – but I persevered and just kept learning and stumbling forward, and I’m glad I did.

Now, whenever a bad moment happens,  I just shrug my shoulders and say to myself “that’s just how it is” and move on.

I’m not saying these things to scare you, I just want you to be prepared for it.  Reselling on eBay can be a roller coaster, but the good times EASILY outnumber the bad times low-times and it’s not even close.  Just keep at it, stay positive, and #NeverGiveUp!

“K is for Knowledge

As I mentioned in my previous post, part of the fun with reselling is discovering all the great brands that are out there.  If you’re new to the reselling game, I always recommend that people start with what with they know – whether it’s a brand or a favorite hobby of yours.  If you’re interested in it, then there’s a good chance that someone else is interested also.

To use myself as an example; I’ve always been a fan of basketball – played it since I was a little kid and I’m still a fan to this very day.  And this is exactly how I got started.  I knew the value of Nike’s and Air Jordan’s from experience and they were one of the first thrift store items that I would sell on eBay.  In fact, I still sell them to this very day and I highly recommend you do also!

Here are some recent sneaker sales:

Royal

Sold for $49.99

SFB

Sold for $59.99

Stealth

Sold for $109.99

Of all the points and advice that I mentioned so far, I believe that having the right knowledge of items to sell is the most important.  I don’t want to discount the importance of the other points that I just mentioned, but you’re sales, profits, and the amount of fun you’re going to have will all drastically increase if you have a good understanding of which items to buy and which items to leave behind.

I like to use this analogy:  Thrift store reselling without the right knowledge is like entering a long-division math contest with just a pen and paper.  The process is slow, you’re going to make a lot of mistakes, and you’re going to lose badly to someone with a calculator!

I’ve been doing this for years and I’m constantly trying to increase my brand vocabulary (in fact, here’s a new brand that I recently discovered).  It keeps me motivated and engaged, and it’s a big reason why I’ve been able to increase my sales as high as $6,000 per month.  I haven’t quite reached my goal of $10,000 per month but I’m steadily climbing there – it’s only a matter of time!

Action > Planning

In my opinion, there’s never been a better time to get started reselling thrift store items on eBay.  The amount traffic that eBay receives and the number of  buyers who are signing on continue to increase.  Plus, thrift store donations will never stop coming – they haven’t anyway in my years of doing this – so there’s plenty of opportunities to make some great profits!

The most important thing, of course, is to take action and get started, and there are some great resources here to help you do just that.

There are over three (3) years worth of thrift store sales that I share in my popular Finds of the Week.  In these posts, I share the name of the item, how much it cost, and how much I eventually sold it for on eBay!

My FREE 2-Week Mini-Course is also another great tool to help you get started.  Once you sign-up for the course (the form is located on the sidebar), you’ll receive one e-mail per day about an item, brand, or strategy that I’ve been having success with!

Lastly, my Thrift Store Reseller Guide has all the brands and items that I look for on a daily basis plus all the tips and techniques that I used to maximize my profits on eBay.

Thanks again for all your support and please remember to Share, Like, and Tweet – I really appreciate it!

-Meinard

Thrift Store Finds of the Week X 2

Happy Saturday!  I hope this posts finds you in good spirits and absolutely crushing at the thrift stores and on eBay!

I know I already wrote another Finds of the Week posts earlier this week and but who says I can’t write another one, right?!  Besides, I’ve been having some amazing sales this week and I couldn’t wait another couple of days before sharing them!

Finds of the Week

Herman Work Boots

Herman

Item  Cost:  $6.99

Buy-it-Now:  (BIN) $34.99

Just when you think you have buyers figured out, an item like this rolls around and makes you question everything.  I had this item listed initially for $24.99 using the auction format.  There were 6 buyers who were watching the item but the auction eventually ended with no bids.

I re-listed the item for $10 more using the BIN format instead and it quickly sold for more than the previous auction.  Obviously I’m happy with the higher price but ultimately confused about buyer’s logic sometimes.

Vintage Nike Trainers

QK

Item Cost: $6.99

BIN:  $39.99

Polo Ralph Lauren Sweater

Ralph

Item Cost:  $8.99

Winning Bid:  $67.55

The Salvation Army charged $2.00 more than they normally would because the tags were still attached but I was confident that this item would still sell for a lot more than their asking price.  I know prices are steadily climbing at the thrift stores but there are still some great deals to be found, regardless of the price.

Think about it, even if this item was priced at $14.99 or $19.99 you would still be making a profit of approximately $40!

Retro Air Jordan

Stealth

Item Cost:  $6.99

BIN:  $109.99

The thirst for Air Jordan’s never ceases to amaze me.  Check out the condition of this pair:  the soles are starting to yellow, there are scuffs throughout, plus there are creases on toe box and around the ankles.  Yet I was still able to sell it for over $100!!

Don’t let your lack of sneaker knowledge stop you from cashing in on this amazing brand.  It’s easy if you know what to look for.  Check out my Reseller Guide to discover my step-by-step guide to selling Nike’s and Air Jordan’s on eBay!

 If you aren’t reselling Air Jordan’s from your thrift stores then you are definitely missing out on some amazing sales – there’s no other way to put it.

Finds of the Week (4/7/2014)

Moving Right Along

“Tide and time wait for no man.”

I’m not sure where I heard that quote or who said it, but no truer words have ever been spoken.  Just like that, we’re already a week into April and I’m left wondering again “Where did the time Go?”  It’s amazing how time flies.

I was actually really sad to see March end.  Not only did I have a great month of sales (which I hope you did also) but March was also packed with several awesome eBay seller promos.  In fact, there were so many promos that they actually started to overlap each other.

I definitely felt spoiled and I’m extremely thankful to be included in those seller promos.  Apparently, some of them by invitation only.  So if you didn’t get to take advantage of these recent promos, don’t worry.  I’m sure you’ll get the invite for the next ones.

April is already shaping up to be a great month and I hope you’re as pumped up and excited as I am to make this THE best month yet!  Why not, right?!  I’ve got a lot of thrifting planned this week and I’m also working on some really cool posts.  In the meantime, here are some recent sales from the past week – I hope you enjoy!

Thanks again for all your support and best of luck at the thrift stores!

Finds of the Week

Orlando Magic Hardaway Jersey

Penny

Item Cost:  $4.99

Winning Bid:  $31.00

Nike Running Shoes

nike yellow

Item Cost:  $6.99

Buy-it-Now:  $39.99

Don’t forget to check out my FREE 2 WEEK MINI-COURSE to learn more about these valuable shoes!

Vintage Atlanta Falcons NFL Jacket

Falcons

Item Cost:  $6.99

Winning Bid:  $49.99

Vintage US Navy Bomber Jacket

US Navy

Item Cost:  $8.99

Winning Bid:  $79.50

How To Prep Your Thrift Store Shoes for Auction

I’ve been wearing and collecting sneakers since I was a little kid so cleaning and restoring them have never been a problem for me.  I was one of those kids who would spend weeks just looking at a pair of Air Jordan before I even dare put them on my feet.

And after each use, I was also one of those kids who would immediately clean the the ENTIRE shoe and then place them back inside the shoe box, in exactly the same way that I bought it.  I would repeat this (vicious) cycle for each pair of sneakers that I bought.

Over the top?  Maybe.  But little did I know that all that cleaning was really training me for life as a reseller!  So when it comes to prepping thrift store shoes for auction, it’s almost second nature for me.

Not everyone, however, suffers from my obsession with shoes so I wanted to create a post that shows you exactly how I get each and every one of my thrift store shoes ready for eBay.

Do I Need To Do This?

Technically, you don’t have to do anything.  There’s absolutely nothing wrong with just selling your shoes in the exact same way that you found them at the store.  It’s perfectly fine.

But just know that you are potentially leaving behind hundreds (and even thousands) of dollars worth of additional bids and sales by skippig these important steps.  So while it’s not mandatory to clean them, I highly recommend that you take the extra 5 minutes to follow the steps that I’m going to share with you.

What You’ll Need

The good news about prepping your shoes is that it doesn’t cost much and it doesn’t require a lot of materials.  All you really need are the following:

  • Gloves
  • Toothbrush
  • Napkins
  • Scissors
  • Shoe cleaner

I insists on wearing gloves because, let’s face it, I don’t know where these shoes have been and some are really bad condition to start.

As for shoe cleaners, I’ve been using the Footlocker and Champs Sports brand cleaners ever since I was a kid and it’s never let me down.  They really inexpensive (less than $10) and they last a REALLY long time!!

The napkin is for wiping off the excess dirt after using with the shoe cleaner and I recommend using an old toothbrush for scrubbing.  Some shoe cleaners are equipped with their own bristles for scrubbing but they’re really weak and they break easily.  Using a toothbrush allows you to put some pressure while scrubbing and, thus, more of the dirt will come off.

The scissors appears to be an odd item in this list but it’s actually one of the most important one.  I use them to remove any thrift store tags on the shoes plus they’re extremely handy at removing any rocks or pebbles that get wedged on the bottom of the shoes.  They’re also great for removing old gum and any stubborn dirt marks as well.  Keep them around, they’re definitely useful!

The Process

There are a few things that I do before I start actually using the shoe cleaner.

First, I always make it a point to dig into the insoles of the shoe (with the gloves, of course) and remove any debris that may be stuck in there. Dig with your hands – and I mean really dig with your hands – to make sure that there are no surprises in their for your buyer such rocks, grass, or even insects (I’ve found a lizard in a pair before).  That’s one sure fire way to get a negative feedback!

Second, I take my handy scissors and I remove any rocks, gum, and other debris on the bottom of the shoe.  Again, the scissors are great at reaching the narrow crevices where most of the small rocks will likely be stuck.

Lastly, I adjust the laces.  Most of the shoelaces you’ll find will be in a tight bow on the front of the tongue, like so.

I always like to hide the lace tips in the back of the tongue and here’s why:  1)  it gives the shoe a much sleeker and cleaner appearance compared to when the laces are visible and 2) leaving the bow in the front will obstruct the top of the shoe tongue.

The shoe tongue is an important piece of real estate on sneakers because it’s a favorite place for company’s and top athletes to place their logo.  Buyers recognize these logos and they’ll want to see, trust me.

Here’s an example:  The number “3″ is Dwyane Wade’s signature logo.  Notice how much sleeker the shoe looks and how much more visible the logo is when the laces are hidden?

Scrubbing

After completing these steps, the rest of the process involves the actual scrubbing of the shoes.

Footlocker and Champs Sports uses a foam gel in their cleaners and it works really well.  All you need to do is point the nozzle in the area that you’re trying to clean and spray a small amount of cleaner.  Again, this cleaner is strong and you really don’t need to use to much.

Before

 

After spraying your shoes, grab your toothbrush and just start scrubbing away.

You should start to see dirt and scuffs start to disappear after a few strokes.  In this example, I sprayed the foam cleaner only a small portion of the shoe to showcase the difference that it can make.  See how much whiter and brighter that area is after a few small brush strokes?

After

Pretty good, right?!  It’s already looking much better!  Simply repeat the process on the entire shoe to finish up.
Here are some before and after pictures of a pair of vintage Air Jordan Dwyane Wade’s:
Before
After
 
 Before
After

It may take a while to get familiar with the process, especially if this is your first time, but stick with it.  It will become automatic after a while and you’ll be cleaning shoes in half the time.

Again you only need a few materials and most of them are probably just laying around your house as you’re reading this – like the napkins, toothbrush, and scissors.

I highly recommend the shoe cleaner from Footlocker and Champ Sports but if you don’t have a store nearby you can also purchase the Sof Sole Oxy Shoe Cleaner
from Amazon (this is my affiliate link, THANK YOU!!).  This product is priced the same and it works just as well!

Cleaner shoes will receive higher bids.  It’s really that simple.

This process has literally earned me thousands of dollars and I still use it to this very day with much success!

Thanks again for all your support and best of luck at the thrift stores!

-Meinard

Look For This Item in the Dress Shoes Section

There are a lot of things to love about thrift store reselling.  One of the aspects that I enjoy the most, however, is the learning and discovery part of it – especially when it relates to learning about new brands!

Sometimes I reminisce about when I started and I’m always amazed by how far my brand knowledge has expanded.  When I first started, it was mainly Nike’s and Air Jordan’s – I’m a basketball fan so these are things are I already know and am familiar with.

While “starting with what you know” is a great strategy in the beginning, it can also limit your success if you only stick to your comfort zone.  The truth is that thrift stores are filled to the brim with tons of different items in a wide-array of categories.

And guess what?  Each section of the store if filled with valuable items.  Stick to just one section and you’re basically leaving hundreds of dollars just lying around (that’s how I see it anyway).  Sooner or later,  you’re going to need to move past your comfort zone and expand into other areas as well.

On that note, I’m going to share with you an item that I recently discovered that will hopefully help you expand into one of my favorite categories – dress shoes!  This dress shoe is very valuable but it’s “sneaky”- there’s a trick to finding them which I’ll explain a little later.

Florsheim

Perseverance

Florsheim is the name of the brand that I’ll be discussing.  This company is over a century old and they’re best known for their men’s dress shoes, although they also make athletic shoes as well.

The funny thing is that I almost gave up on this brand.  I’ve tried selling their dress shoes before but with very little success…until now!

Style Matters

You can ignore many of the company’s dress shoes but there is one style in particular that you should be on the lookout for at the thrift store:  The Florshiem V-Cleat, 5 Nail dress shoe!

Here are some auctions that currently ended (all items are in used-condition, similar to most pairs that you’ll find at the thrift stores):

Florsheim Auction 3

Florsheim Auction 4

 

 

 

 

 

 

How can you tell if you found a pair of these valuable shoes?  All you have to do is turn it over!

How To Spot a Pair

If you find a pair of Florsheim, turn the shoe over and take a look on the bottom.  Here’s what you should be looking for:

The “V-Cleat” refers to a triangle piece that’s located on the heel of the shoe.  Here’s a picture from one of the pairs that I found:

V Cleat

The “5-Nail” is exactly what it sounds like – it’s 5 nails and they’re located on the middle of the soles.  Here’s what they look like:

5 Nail

To be honest, I’m not really sure what the purpose of these features are (I’m guessing it’s durability-related).  All I know is that these are the types of Florsheim shoes that you should be looking for.  I’ve recently sold two of these pairs for $49.99 each Buy-it-Now but I may try to use the auction-format the next time just to see what type of results I get.

Keep Expanding

These shoes are hanging out at your local thrift stores, I know they’re are!  And you didn’t have a reason to peruse through the shoe rack, well now you have one.

The goal is to slowly but surely expand you brand knowledge so that you have something to look for in every single aisle at the thrift store.  It may take some time but it’s definitely worth it and you’ll have a lot more fun in the process!

I’m constantly researching new brands so I’ll be sharing more valuable brands just like this one in the near future.  If you enjoyed this post or you know someone who might, please share, Like, and tweet – I really appreciate it!

Until then, keep crushing it at the thrift stores and on eBay!

Meinard

Finds of the Week (March 20, 2014)

It feels like a really long time since I wrote one of these posts and I really missed it!  As I mentioned in my previous, my Grandma was admitted to the hospital during the past week so my normal routine was thrown out of whack for a little while.

Good News/Bad News Situation

I always like to get rid of the bad news first so we’ll start with that.  The bad news was that I wasn’t able to visit the thrift stores as often I normally would during her stay at the hospital.  To be honest, I didn’t really care at all when I was there but I’m sure there were some great items that I missed during that time.

The good news, however, is that my Grandma’s recovery is going well and she has since been discharged!  Another great thing that happened during that week was that I continued to make sales on eBay (and generate income as well through Google AdSense and the Amazon Affiliate program) even though I wasn’t doing any work, it was basically left on autopilot!

In this posts, I wanted to share some of those sales during that week.  I’m also just about done putting the finishing touches on my next posts in which I’ll describe a type of dress shoe that I’ve been having great success with.  It should be posted in a few days!

In the mean time, I’ve been slowly getting back into the groove of things.  It feels great to get back into the thrift stores and I’m still finding some amazing stuff.  There’s are several seller promo’s going on through March so I’m definitely going to push hard these next 10 days and finish the month strong.

Thank you again for all your support and best of luck at the thrift stores!

Finds of the Week

Nike Running Shoes

Volt

Item Cost:  $6.99

BIN:  $34.99

Vintage Air Jordan Shorts

Jordan Elephant Shorts

Item Cost:  $6.99

BIN:  $39.99

Retro Air Jordan

Royal

Item Cost:  $8.99

BIN:  $49.99

Ralph Lauren Denim Jacket

BlanketItem Cost:  $5.99

Winning Bid:  $51.00

I Love What I Do

Economic recoveryHi everyone!  I hope you’re doing well and absolutely crushing it at the thrift stores and on eBay!

First, let me apologize for the lack of updates recently.  As some of you may know, my grandma got sick about a week ago with pneumonia and I’ve been trying to help her recover ever since.  She’s doing much better now – definitely much better than we admitted her – and I just wanted to say a big “THANK YOU” for all the thoughts and prayers that everyone has sent her way.  They were very much appreciated!

She still has some remnants of the illness left but she definitely turned a corner in her recovery and we hope she can get discharged soon.

The World Keeps Turning

My grandmother means the world to me and, as you can imagine, getting her well again dominated my train of thought and it became my number 1 priority over the past week.

It would be great if the whole world understood the situation and just pardoned all my bills and responsibilites during this time, but unfortunately the world doesn’t quite work that way.

The world keeps turning and your responsibilities are just that – they’re you’re responsibilities regardless of the situation.

That’s why I’m so thankful to be able to make a living online.  It feels good to know that I can still generate some income even though I’m not working.

During the week that my grandmother was hospitalized, I was still making daily sales on eBay and money was still being deposited into my Paypal account.

In addition to that, I’m also on pace for a record month with Google Adsense and the Amazon Affiliate program!

Plus, it feels great knowing that I don’t have to get approval from a boss to skip a few days and I have the freedom do my “job” just about anywhere.  In fact, I’m actually writing this post at the hospital (my grandma’s sleeping right now) and I actually posted a few eBay listings here as well thanks to the free Wi-Fi!

I really love what I do!

Now that she’s feeling better and making progress with her recovery,  I’ll slowly get back into the swing of things and start sharing some of the recent sales that I’ve made.

I also discovered another valuable thrift store item that I’m hoping to share with you in the next post.  These dress shoes are worth some good money on eBay, but there’s a trick to finding them and I’m going to share those tips with you on the next post!

Imperial

Thank you all again for your thoughts and prayers!

Talk soon,

Meinard

Starting Off With A Bang and A “Great Day” Update (A $100 Item!!)

SalesWe’re already a week into March and, if it’s anything like the first day, then this month is going to be a great one!

I made over $600 in sales on the very first day and things haven’t slowed down since then.  I’m listing daily and I’m making daily trips to the post office to make deliveries.  This is a picture of some of my sales from that morning.  More payments arrived later in the day so there were actually a LOT MORE packages than that.

How did I sell that much?

It was a “Perfect Storm” of events really.  I had a bunch of auction-style listings that ended on that day and luckily many of those buyer paid immediately.  Plus on top of that several of my Buy-It-Now auctions sold as well, and they contributed greatly to the total.  Can you imagine if ALL your items sold on the very same day?  Now that would be awesome!

The challenge now is to make to these types of days the norm and something that occurs on a regular basis.  I’m not quite there yet but I’m definitely making progress, and it was good to get a taste of what it feels like to make that level of sales in a single day.

I was busy packing, printing, making multiple trips from my car to the post office, and the eBay app on my phone kept making that “Cha-ching” sound that I know a lot of you are familiar with - it was an absolute rush!  I’m going to Goodwill and Savers today to keep this momentum going, and I can’t wait to see what kind of stuff I’m going to find.

Take care and good luck at the thrift stores, I hope you find some amazing things over the weekend!

Talk soon,

Meinard

 Finds of the Week

Air Jordan

Trunner

Item Cost:  $6.99

Buy-It-Now:  $34.99

Yamaha Motorcycle Jacket

Yamaha

Item Cost:  $6.99

Winning Bid:  $37.02

Vintage Nike

dunk

Item Cost:  $6.99

Winning Bid:  $41.00

Boeing Leather Jacket

Boeing

Item Cost:  $9.99

Buy-It-Now:  $39.99

“What A Great Day” Update

Great Day Jacket

Item Cost: $6.99

Buy-It-Now:  $110.00

A few weeks ago I wrote a post about a “Great Day” that I had and I just wanted to update you on a sale that I recently made.  I bought this jacket towards the end of that day and I knew it was going to be a good seller.  To be honest, I was expecting to get a little more for this brand but anytime you can resell an item for over a $100 is a win in my books.

You can learn more about this great brand and how to find them by signing up for my FREE 2-WEEK Mini-Course.   Click Here to learn more about the course!

A Mixed Bag of Sales

Happy Friday!  I hope you had  a great week and a great month as well since it’s the last day of February – can you believe that?!

Two months into 2014 and I’m just getting started!  I for one can’t wait for March to roll around.  It’s gonna be a great month, I can feel it!

The past few weeks have been dominated by Buy-It-Now (BIN) sales for me and the success I’ve had recently with my Goldilock price has been pretty amazing.  So amazing in fact that I almost forgot about my first love, the auction format.

True, this format has lost it’s luster in recent times due to the unfortunate possibility of non-paying bidders and the increasing popularity of BIN auctions (buyers don’t seem to be in the mood anymore to wait 5 or 7 days for an auction to end).  But I think it’s still a wonderful format and I was reminded of that thanks to a recent eBay seller promo.

I did have some unpaid items but they were a minority compared to the amount of buyers who paid immediately or within a 2-day period.  The truth is that there is still a lot of responsible, legit buyers out there so there’s no reason to not give this format a try, and hopefully they’re the ones that our auction attracts!  *fingers-crossed*

As a result, I have a mixed bag of sales to share this week so please enjoy!

Also, I just wanted to give you a heads-up that the site  maybe down intermittently the next few days while I work on updating it.

Hope you have a great weekend and good luck at the thrift stores!

Meinard

Finds of the Week

Youth Air Jordan

Violeta

Item cost:  $2.99

Winning Bid:  $26.00

Air Jordanelements

Item Cost:  $6.99

BIN:  $39.99

Code West Boots

Code West

Item Cost:  $4.99

Winning Bid:  $43.00

Vintage Work Boots

Red boots

Item cost:  $6.99

Winning Bid:  $46.00

Not a bad sale considering the overall condition of the work boot.  The toe box is scuffed, I had to replace the original laces with these red ones because they were frayed, and there were dirt marks on the soles that just didn’t want to leave.  Some items are just great at retaining their value regardless of the condition and these boots are a great example.  Check out my Reseller Guide to learn more about this great brand!

Youth Air Jordan

Valentine

Item Cost:  $2.99

BIN:  $49.99

“Goldilock” Success Stories

FlorisCat-Sp11-lores.pdf

Hi everyone!  I hope you had great President’s Day and you feel rested, rejuvenated, and ready for another great week!

We’ve had an unusual amount of rain here on the islands recently and it feels like I haven’t seen the sun in a few days.  Regardless, not even the string of bad weather can dampen my spirits thanks to these recent sales!

I had some success with the auction-format this week but, by and large, the majority of my sales came from using Buy-It-Now’s; specifically, the Goldilocks Price Point (a.k.a. $39.99).  I gave it this name because the price is not too low and not too high – it seems to be “just right” for a lot of buyers.  This price point has worked time and time again this week and it has become my default format/price of choice whenever I can’t decide on how to price an item.

Why not when it’s been working this well, right?!

I know it was big weekend at Savers for many resellers and I hope you all took advantage of their 50% special.  I was planning on visiting them again today but I better not – I’m sure the place has been picked clean over the weekend so I’ll probably give them a few days to replenish their stock.

Good luck this week at the thrift stores and talk to you soon!

Meinard

Finds of the Week

Nine West Boots

Nine West Croc

Item Cost:  $6.99

Buy-It-Now:  $39.99

Vintage Rasheed Wallace Jersey

Wallace

Item Cost:  $3.99

Buy-It-Now:  $39.99

Nike Youth Lebron IV

Lebron iv

Item Cost:  $2.99

Buy-It-Now:  $39.99

Reebok Cleveland Browns Jacket

Browns

Item Cost:  $8.99

Buy-It-Now:  $39.99

Mondetta USA Jacket

Mondetta

Item Cost:  $7.99

Buy-It-Now:  $39.99

My “Pay my cell phone bill” Brand

Rhinestone

Item Cost:  $6.99

Buy-It-Now:  $49.99

Those who’ve read my Reseller Guide already know that this is one of my FAVORITE thrift store brands to find, and with good reason!  Lately, I’ve been referring to this brand (in my head, whenever I find them) as my “Pay my cell phone bill” brand because they’re almost a guaranteed $49.99 whenever I find one.

They’re extremely valuable and the demand is crazy for them, especially if you find the right style.  While other jeans may struggle to get $15-$20 bids, I’ve been able to sell this brand for $49.99-$69.99, and rather quickly too. In fact, I sold this particular pair in less than a day!