FACT: A lot of people make $ 1,000 a day (that’s $ 104,000 a year) just selling at flea markets and swap meets on the weekends. (In fact, I have earned more than that some days.) Most people think that we are a group of poor people trying to earn an extra dollar, and that is exactly what we want them to think.
What do we know that you don’t? What are our secrets? You can do it?
Yes. Anyone can sell at the flea markets and get rich … and I’m going to tell you exactly how to do it here.
Becoming a flea market vendor is easy and affordable. Your expenses will be the cost of your merchandise and the rental of the space. Daily outdoor space rental can cost between $ 5 and $ 10 per day. Many people start out by selling used items and move on to selling new items purchased from wholesale companies. New items outsell used items two to one and have a higher profit ratio.
Most people already have a table or two that they can bring. In fact, I started my flea market and traded business with just $ 200 and a couple of game tables that I borrowed. Now I earn thousands of dollars every month without fail. (Of course, the more money you have to buy merchandise, the faster your new business will grow.)
The key is to let your new business grow. Don’t kill it by taking away all the benefits! I suggest that you have a job or other source of income to cover your living expenses for at least the first six months after starting your new business.
There is an old adage in this business: “The more you have, the more you will sell.” Believe me, it’s true! Take it seriously and put all your profits into buying more merchandise so you have even more to sell next weekend.
Who do you think the most shoppers will go to, the guy sitting there with four items at a single card table or three spaces across the aisle, literally laden with millions of different items? If you think you have enough merchandise, you don’t.
If you use your profits to build your business and buy more merchandise each week, it won’t be more than a few months before your sales increase rapidly and you can start keeping some of the profits for yourself without killing them.
If you live in a northern climate that is cold in winter or a southern climate that is hot and humid in summer, you might consider renting space within a flea market building. Yes, the rent for your space will increase a bit, but you will have the advantage of heating and air conditioning (comfortable buyers spend more money), as well as a secure enclosure for your tables and merchandise during the week when the market is closed. .
Once your first small business is doing well, use the proceeds to open a second small business in the same flea market or exchange market, selling a different type of merchandise. Expanding is as simple as renting another space and hiring someone to manage it for you. Again, your costs will only be the merchandise and the rent for the space and what you pay for your help. (Be good to them and they will be very good to you). As with your first business, put the profits back into your second business and let it grow.
The profits from two small businesses will allow you to open a third small business with ease. Do the same as you did before and allow your third business to grow. Pay back by buying more merchandise.
Then open a fourth, fifth, and sixth small business at the same flea market. It is not only possible but almost guaranteed that if you do so, you will create your own small business empire in less than a year and have an annual income of more than $ 100,000 after expenses.
If you simply return the profits to your first new business, you will grow without a penny out of your pocket. The winnings will allow you to open a second, a third and so on. You don’t need a small business loan to get started.
Also, you are not limited to a single flea market or exchange market. There may be other markets within 20 or 30 miles of you, where you can do the exact same thing and multiply your earnings.
If you follow this simple but effective formula, it won’t be long before you can stop selling at flea markets and become a manager, oversee your small business empire, and step in to give your employees breaks.
Once you’ve made a very good income, consider other ways to invest your money for even more profit, like opening your own home wholesale and selling merchandise to flea market vendors, and earn even more.
Flea markets and swap meets are a great place for the average person to start their own small business and enrich themselves by creating a small business empire.