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| ThePennyHoarder |
Besides spending a lot of money on Supreme and making a high profit, thrifting is also a viable option. Thrifting refers to buying cheap clothes at thrift stores and reselling them on various websites such as eBay. Depending upon how much time you put into this, you can easily be earning a minimum of a thousand dollars a month with little effort. Anyone can and should do this because it takes little effort and anyone with a little knowledge can easily earn a thousand dollars a month.
No matter what size of a business you are trying to grow, you need materials such as packaging and a moderately wealthy neighborhood. It will save a lot of money if you ship yourself and use a flat rate service for shipping. This means you pay only 15 dollars a month to ship anything rather than paying 5 dollars to ship one item. According to The Penny Hoarder the author did some "online research to find thrift stores in wealthier areas, where people were more likely to donate higher-end goods." This is very important because the wealthier the area the more likely you are to pick up really nice items to re-sell.
In terms of the actual store to go to, Goodwill and Salvation Army are great stores to get very cheap clothes. Any big name brand tend to sell pretty well. Anything with even a little cashmere will go for a nice amount. The author bought many items totaling 54 dollars and "amazingly, each item went for $20-$30 over the minimums." It is very easy to make a nice profit of these used clothes because you can buy them at a thrift store for under 5 dollars. Depending on how much money you put in initially, you can easily triple if not quadruple your money. The most important thing is to sell more and more and start to get a good reputation on the platform you are selling for. This will not only attract more people but also make it more comfortable for the buyer knowing they won't be scanned.
