Get Creative with Community Resources
If youve ever picked up a trinket for $4 at a yard sale and sold it for $65 on eBay, you know how exciting translating your treasure hunts into cash can be. But yard sales are not your only local source of goodies. Dennis Hester of http://MillionDollarDeals.com has built a successful online business using local providers almost exclusively. Flea markets, antique stores, auction sales, craft shops, Hester attends them all.
One particularly usefuland unusualavenue he urges eBiz retailers to try is calling trucking companies. Ask them where they get rid of their OSD (over, short, and damaged) merchandise. Hester explains, The trucking compan[ies] get caught with a lot of merchandise sometimes. So they send it to a central area to auctionor they have their own outlets where they have auctions and retail stores. Often these auction sales are open for the public to buy wholesale.
Tips for Networking
The people you meet in these placesthe junkyards, the pawn shops, the estate salestheyre all in the resale business. So talk to them. Ask questions: How did they get started? Who are their sources? Where did they get their...
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