Flea Markets are becoming more popular in the current economic climate. They can be used as both a source for bargains and as a place to sell unwanted goods.
Increasing popularity of these events means that more people are selling their first sales.
You can make your first event a profitable and enjoyable one or you could have a terrible experience that makes it difficult to go back. Preparations before the event will play a major role in your success or failure. These 7 tips can help you become a seller.
1. Be realistic about your pricing.
When pricing goods for sale, there are two mistakes that anyone can make. Either you ask for too much, or your goods will be given away. Supply and demand are the key factors. You might be able sell a new cell phone with many features for half of the original price. A book on Nuclear Thermo Dynamics might only be sold for a few pennies, even though it was originally priced at $50.
You must balance your need to get rid of the items with your desire for as much profit from the event as possible.
2. Take a float.
You should have enough small notes and money to keep you going. You could lose a sale if you don’t have enough money.
3. Bags
Also, ensure that you have enough bags for your customers to carry their purchases home with them.
4. Strong Table
Many events will require you to bring your own table. You should make sure it is sturdy enough to withstand the weight. I’ve seen tables that are too weak and sagging, with the goods falling to the ground. If you have many breakables, this can lead to high prices.
5. Prepare for the weather
You should be ready for rain showers unless you live in an area of constant sunshine. Weather protection is essential for you and your belongings. A large, polythene cover to protect your table and an umbrella are ideal.
6. Food and Drink
Some events have catering on-site, while others may require you to bring your own. You might find yourself in need of something to eat or drink, as sales can go on for hours.
7. Keep Your Eyes Sharp
While most people are honest, there are still rogues. Avoid displaying small, expensive items at the table so they are easy to steal. Keep cash out of reach.
Always be alert and take precautions when possible
It can be a fun way to make extra cash by selling at flea markets and car boot sales. It can be made even more enjoyable with some planning and thought.
