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Any of you buying then selling at a higher price online as a gig?

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Ghettoguru's picture
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Joined: 03/01/2012

Sup guys

A co-worker and I was chatting the other day about auctions and shit.

He told me about a friend of his who buys clothes at cheap places like Ross/Marshalls.

Then the dude takes professional pics of the products and sells them back at their original price or more on Ebay. It quickly got my interest lol.

I want to get started in a few of weeks, I just don't really know what's high on demand.

Have any of you ever tried this? 

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Joined: 02/27/2012
That will definitely work.

That will definitely work.  Just test the market and figure out what sells.  I think the best returns on this are on name brand / popular / trendy clothing.  But if you use your imagination and take pretty pictures, should be easy to sell anything.
 
I had a friend who did this very successfully a few years back (millions).  But he got in trouble as he started purchasing (really really good) imitations in downtown LA - Diesel jeans and other high end clothing.  eBay gave him the boot along with a PayPal freeze, and I think he was facing lawsuits.

Keep it clean, don't get too greedy, and you'll be perfectly fine.  Just keep your mindset on how you can better provide awesome value for people.  95% of buying is from good marketing - make people feel good about the things they're buying from you, make it so they feel great when they physically wear the clothes.
 
I love this hustler mentality.  Got the gears turning in my head right now - might give this a go as a side hobby when I get some time.

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Joined: 01/18/2012
Yeah it can be very

Yeah it can be very lucrative. Sell what YOU know. What do you like? Find it for cheap and sell it at regular 

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Infinity's picture
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Joined: 09/18/2013
Yeah FOR SURE you can do

Yeah FOR SURE you can do this! It's a fantastic way to learn. You can use your phone camera to take pictures to start off, then once you get a few sales and make some profit, use the profit to buy yourself a decent little digital camera (if you don't have one). Then make a little "photo booth" with some lamps so you have good lighting for photos. You want it to look standardized. That's part of your marketing and "branding."

If you're thinking of selling clothing, go to thrift stores and stuff. You'll probably pass over 100-500 items until you find something worth selling and pay $5. Then you sell it for $10-20. Keep a sharp eye out for what you like, like manwhore said. It'll be easier to sell stuff to people with similar tastes.

Also, you may want to think about setting up a bank account SOLELY for the purpose of your little business. One of the pitfalls that people fall into is mixing their business finances with their personal finances.

If you want, PM me and I'll see if I can make you a little logo for your ebay store.

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Joined: 04/20/2012
I used to do this with music

I used to do this with music equipment all the time. I started buying the odd peice of equipment off the homeless in the park near my house lol. Then I just kept an eye on prices from ebay and craigslist and would frequent pawn shops/music shops/repair shops, etc. One of my friends does this with clothes, he'll buy up anything cheap he knows he can upsell and fits his shop's style. Then he'll get a model or two every quarter to create content for his instagram account and posts his model pictures and stock. Then redirects to etsy to sell each item. Can be really profitable, I don't know if you are thinking clothes or other items but start keeping an eye on online markets to get sale prices in your head and start seeing if you can find it cheaper

patrick.bateman's picture
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Joined: 05/20/2013
Sounds like a great idea to

Sounds like a great idea to me.

I think you can even think bigger.

Start an instagram focused on clothing/fashion/style. Build an online presence. Start youtubing, talk about different celebrities fashion and best items, brands and styles. 

If you can build an online following while collecting awesome items and selling it, you could open up new doors and end up creating a business model around helping people with thier style/fashion and consulting. Plus if people find your items on ebay then see your youtube videos or IG then it will be like they're buying from a celebrity ;)

I gotch U

Meow's picture
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Joined: 03/27/2013
patrick.bateman wrote:Sounds

patrick.bateman wrote:
Sounds like a great idea to me.

I think you can even think bigger.

Start an instagram focused on clothing/fashion/style. Build an online presence. Start youtubing, talk about different celebrities fashion and best items, brands and styles. 

If you can build an online following while collecting awesome items and selling it, you could open up new doors and end up creating a business model around helping people with thier style/fashion and consulting. Plus if people find your items on ebay then see your youtube videos or IG then it will be like they're buying from a celebrity ;)

I gotch U

My friend a few years ago was buying and selling ski gear, and he ended up making money off ot it and having some cool gear for himself.

I think if your going to do something like this you should buy and sell more high end fashion stuff that is collectible/rare and innovative. Back to my example above, the kid would mostly buy and sell ski jackets. This was perfect because there were high end jackets, customized ones, vintage, and the new shit all the pros were wearing. These jackets were extremely collectible kind of like how everyone wants to the new jordans, or the vintage jordans, or the limited edition ones. 

If you did this with basic clothes like polo t-shirts then there really would be no point for anyone to buy them for normal price on ebay when they can find them in stores. 

sorry didnt mean to quote ya PB...but going along with what you said...its a great idea to start a profile on something like a sneaker forum and let everyone know your selling the best shit out there. My friend sold all his ski shit off of a skiing forum and everyone got to know that he was a reliable seller.

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Joined: 01/11/2014
I used to own a vintage store

I used to own a vintage store with an online component, I have some tips on sourcing if you're interested