Storage Units & Auctions
High Investment Cost
Purchasing inventory in bulk is a great opportunity for a reseller. Vintage and unique items, perfect for eBay, are purchased during auctions. Auctions reach beyond storage units and there is money to be made from purchasing secondhand items in bulk. Storage units and thrifted pallets from auctions are a high investment and high risk but are worth it if the capital is available.
Keep in Mind
High Investment Cost: Buying in bulk comes with the cost of buying in bulk. Auction purchases have a high upfront cost with a worthy long-term benefit.
High Risk: Auctioned inventory is bought without full inspection of the contents and require educated decision making. Preparation is needed because the contents are unknown. Consideration must be given to the amount of inventory that will need to be processed to list in your eBay store or disposed of.
Conclusion
Storage units and auctions turn high investment cost and high risks into profit. Finding these public auctions are more difficult than searching for Amazon or liquidation pallets because used goods pallets are not popular. Larger thrift stores offer auctions in some areas and can be found with a Google search, like Salvation Army Public Auction. Sourcing in bulk has many benefits despite the higher upfront costs and risks.
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