Flea markets are a great place to make hard cold cash.
Millions of customers visit flea markets every weekend. There isn't a state in the
United States that doesn't have a local flea market. So regardless of where you live, you can
travel and set up a booth at a flea market.
Some flea markets attract up to 10,000 people over the weekend. That's 10,000
people with money in their pockets, ready to buy on an impulse.
How can you take advantage of the popularity of flea markets, and make up to $1,000 a
day?
$1,000 A Day Flea Market Tip #1
Plenty of merchandise. Customers can only buy what you have to sell. If you want your customers to buy allot, you need to offer them allot of merchandise. There definitely is a correlation between the amount of merchandise a vendor has, and how much he makes.
If your budget is small, look for cheap trinkets that you can use to fill up your space.
The majority of your budget should be spent on your fast selling products. If you can
fill your space with only top selling products, then only buy those products. But if you still have empty space after displaying your fast selling merchandise, look for a cheap wholesale source of trinkets or dollar items.
Remember, customers will only frequent vendors that have allot of merchandise to offer.
$1,000 A Day Flea Market Tip #2
High quality wins over low price. Customers are educated and know that low price often equals low quality. Your goal should be to always have high quality merchandise, even if that means charging more than other vendors in the flea market. Customers will appreciate your merchandise, and will be willing to spend more money on it.
It's for this reason that flea market vendors can make money selling brand name
products. Even though the brand name products cost more than their generic counterparts, customers prefer branded merchandise and will pay more it.
$1,000 A Day Flea Market Tip #3
Build customer loyalty. You want customers to see you as a steady vendor. Rent the same spot, carry the same type of merchandise, and always offer great deals.
A great deal doesn't mean that your prices have to be low, it just means that your prices have to be lower than the original retail.
A $100 shirt is a bargain at $10, $15, and even $20.
Donny Lowy runs http://www.closeoutexplosion.com an online wholesale business that focus on brand name products. He can be reached at 718-389-5502 All of his products are priced 50-90% below wholesale.
You can also search for more wholesale products at http://www.wholesalequest.com
Discover how to make money in the closeout and wholesale business, visit my personal blog: http://www.wholesalecloseoutsecrets.blogspot.com
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