Saturday, September 26, 2015
How to Make Money in a Fleamarket Business
Determine your target market. If you already have a product in mind, visit flea markets to make sure your product and that location are a good fit for each other. If used items are popular at a particular flea market, do not attempt to sell expensive new handbags.
Do not sell products that are already being sold in abundance. Try to be unique. If you notice several young mothers shopping at the flea market, consider selling children's items if they are not being sold.
Ask questions. Find out as much as possible about particular flea markets. Ask specific questions about booth rates and flea market hours. Ask vendors how long they have been selling at that flea market. If vendors indicate they have been selling merchandise at a flea market for an extended period of time, consider renting booth space. If the same vendors continuously set up in a location, the vendors are probably making money.
Determine set up procedure. Outdoor flea markets normally require vendors set up and pack daily. Indoor flea markets sometimes allow vendors to leave items overnight. Make sure you know all details prior to committing to a booth.
Advertise your booth. Let friends and family know about your venture. If it is allowed, consider placing a small classified advertisement in the local newspaper. This will be a good idea if you are selling used items. List your booth under garage sales. This could result in weekly visits from serious yard sale shoppers.
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