Today I will be talking about 20 low investment things you can resell to make between $200 and $1000 or even more a month. Let me tell you what led me to put this list together. Over the past years, I have been approached by many individuals including family members with the same request – they all want to buy Jordan retros for the purpose of reselling them. Once I tell them the reality of what is taking place in the sneaker resale industry, they pretty much abandon the idea of getting involved with it. Because of Covid-19, a lot of companies have gone virtual which as led to many people being laid off. So people are looking for ways to make extra income. There are other better alternatives than reselling sneakers but the average joe can’t figure it out. As much as I love writing sales’ projection on sneakers, buying and reselling them with over 15 years experience in the apparel and footwear industry (I have operated some of the most successful eBay and Amazon stores with the highest ratings on all 3rd party sites), sneakers are not the only items I’ve sold in the past 15 years. The interesting thing is that the most revenues I’ve ever made is not from selling sneakers but from selling my customized Dragon Ball Z Color Change Mugs, see image below
Let me give you a breakdown of how much money was generated from these mugs. I had ordered them in bulk and bought about 50 mugs to begin with as a test. Since my order was a small one, I paid about $5 per mug( shipping included). I received them and sold all the mugs within a 7 day period for $29.99 a mug via Etsy. So I ended up placing a bigger order and purchased about 700 mugs and ended up paying $1.5/ mug. I sold 400 mugs within a 3 weeks span between $29.99 and $39.99 depending on the customer’s location. Now let me give you a breakdown of those three weeks revenues.
|Purchase price per unit||Selling price per unit||Quantity sold||total revenue||Fees||Profit|
I had made almost $8500 in profit in three weeks from selling 400 color changing mugs. Remember that my initial investment was ( $1.5 x 700= $1050). I still had 300 mugs in stock and my net profit from selling 400 mugs if you take away the $1050 initial investment was ” $8500-$1050=$7546″. At that point I completely ignored the sale of sneakers and solely focused on selling mugs until Etsy banned me because of their own greed. They canceled my account so they could sell the items I was selling- data mining. I did a video on that, see youtube link below
Now I’m saying all this to say that while reselling sneakers is popular and trendy, there are smarter ways to make extra income for those who have learned to do a market research. I enjoy scouting, going out to local malls, department stores to look for gems I can resell. I also like to outsource a lot and I’ve had my share of ups and downs in this enterprise. For people that don’t have the time to do a market research and go out scouting, I’ve prepared a list of 20 low investment items you can buy and resell to make between $200 and $1000 or even more a month depending on the time you put into it. It took me about 3 days and several hours and years of experience to put this list together for you. I broke it down in the following manner. Let me give you an example of another item that I sold last Summer in massive quantities.
Item: Assorted 33″ Boogie Board
|Price||Resale Price||Profit||Where to Buy||Where to Sell||# of daily views/sales||turnaround time|
|$2.99||$19.99-$24.99||$9-$12 per unit||Michaels
it’s a seasonal item so it won’t be available till Mid May or June
|I sold about 91||0-35 days ( it took me about a month an half to sell them. And i actually was selling them and picking them up as they sold|
This is the kind of information you can expect in the report I provided. So the report will be broken down as follows:
- item name
- Table ( includes price, resale price, projected profit, where to buy, where to sell, # of sales recorded, turnaround time).
Here are some tips you can follow.
Pick your projected amount, let say you plan on making an extra $200 this month. For a $200 profit , here is what to consider:
- Investment: $100-$150
- projected profit per item: $10
- projected investment per item: $3-$7
- projected # of items to sell : 15-25
- projected turnaround: 0-30 days
If you follow this simple plan , you’ll be amazed with the kind of extra income you can make.
The list is available for sale FOR $19, CLICK HERE TO BUY or see link below
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