Flea Markets, Garage Sales, and Networking Events.
You may wonder where in the world are people getting all this stuff to sale at Flea Market, Garage Sales and Networking? Well, you’ve come to the right place… they get them from online auction sites like CGBidNow.com.
I remember one day I sold nearly $1000 in 8 hours selling electronics I brought at an auction. I was selling on 2 major online outlets (one was an auction site) and my personal online store. However, my inventory started to back up so I decided to take some of things to the local flea market and the crowd with crazy over what I had. So, the next time I went out I was fully armed… I bided on lots I wanted to specifically take to the flea market and not items I would have to pay for shipping etc., As I was unloading merchandise from the van people were lining up to purchase my good. I knew right then and there I was on to something.
I figured if I averaged an extra $2000 a month it would be worth spending one day a week each month to earn it. Then I start to notice that I was getting the same customers over and over each week, they were loyal and I was loyal in return. I started giving away things that was sitting in my inventory to people that returned each week to buy from me. Little did I know at the time, but I was clearing my inventory and making room for new and improved merchandise.
It didn’t stop there… one day I was receiving a truckload of merchandise that was delivered on the street in front of my home. People were driving their cars down into our cul-de-sac to scope what were on the pallets. I then heard someone ask: “How much for the….”. I didn’t want to say it wasn’t for sale, so I think I told them to go out to our website or something. Later on that evening I thought of doing a garage sale! I put an ad in the classifies and low and behold it was a success… the stuff I was taking to the flea market I was selling from my driveway… another $400 to $500 day. Doing those two things (flea markets and garage sales) I was generating conservatively nearing $3000 a month on good months!
However, the foundation of my business was online auctions; whether buying or selling. Buying low in bulk and turning around selling individual items for huge profits. That’s one of the main reason we brought CGBidnow.com to Casa Grande. To share my experience and expertise with ones that are not familiar with the advantages buying and selling through online auctions. The real advantage over national Auction is we have our own forum for trading locally with the same bells and whistles big blocks auctions have. Only, we don’t have the operation headaches and expenses that come with shipping cross country and the temptation to act underhanded is reduced when buying and sellers live in the same community. Keep your eye out as CGBidnow.com slowly rolls out more Bulk and Estate Sales and Liquidations.