Social Engagement: Medium
What’s What: Whether you’re looking for a new way to make money or you’re just tired of the daily grind, being a reseller is a great way to launch your own business. You can buy previously owned and new items inexpensively and then resell them for a profit. You can even go the dropshipping route and never even touch your inventory. Buy low and sell high and you can make a bundle of profit in the process.
Amava Take: There are as many ways to sell online as there are to buy and when it comes to working at your own pace nothing beats home-preneurship. With the click of a mouse you have access to thousands of suppliers spanning the globe. You can resell these same products worldwide through numerous online marketplaces. You can also unload everything in your attic, shop estate sales, explore thrift stores and pawn shops and hit every flea market you see. The possibilities are endless.
From the Front Lines:
What kinds of candidates are you looking for to fill these positions?
People who love to shop and hunt for bargains and are comfortable working online and over email.
Any tips for first-timers to make it a productive and fulfilling experience?
Honesty is always the best policy. Always be 100% upfront about any damage to the items that you are trying to resell.
What’s a typical daily schedule like?
As much or as little as you like. Keep in mind that you will have to be responsive to sales and queries or your reputation will quickly tank.
From the Trenches:
What’s the most satisfying part of the job/experience?
The thrill of the hunt. Finding a bargain I know I can flip for a bundle gives me such a rush.
How would you describe the hard parts?
Shipping. From figuring out the price to packing the box, it’s my least favorite part of the process and it has to be absolutely perfect. If I miscalculate shipping costs, I could end up losing my profit margin. If I don’t pack the box right, the item might get damaged.
What surprised you the most about the experience?
The importance of online ratings. Reviews are everything in this gig and one stinker pulls five stars down fast.
Special Requirements: A computer and fast wifi. You’ll also need some funds for inventory if you’re not starting with your own used items.
Finding a Position: There are thousands of places to sell online, from launching your own ecommerce site, to selling on eBay, Amazon, and social media. This article outlines the pros and cons of each along with some newer apps on the reselling scene.