2nd Hand Flip
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About this ebook
Review from a Resell Shop Owner: I find this book to be an excellent guide for the person thinking about starting a business in resale it's nicely laid out very informative lots of details you've covered all the bases and have a great chronological order making for the perfect outline to starting your own business. Especially love the chapter on Pinterest and the role it plays in this business. storealways
Toddalways
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Step into the world of reselling, where the thrill of the deal awaits you. Have you ever wandered through antique markets, thrift shops, or second-hand stores, pondering the secrets of the trade held by those savvy dealers? Now, in 2023, the landscape of this market has evolved, presenting new opportunities for exploration. From closeout sales at retail stores to vibrant flea markets, the possibilities are endless.
Regardless of your socioeconomic background—whether you're rich, poor, or somewhere in between—the art of the deal lies within each of us. It's a fundamental part of the American Dream, encapsulated in the timeless adage: Buy low and flip it for profit.
Why should you consider stepping into the reselling business? According to the National Association of Resale Trades (NARTS), an esteemed consumer research firm, approximately 15% of Americans engage in shopping at resale stores annually. Over the past two years, the industry has witnessed a steady growth rate of 7% per annum. Projections from IBISWorld suggest that reselling is poised to sustain an annualized growth rate of nearly 3% in the coming years.
These figures only scratch the surface. When factoring in sales from flea markets and online thrift stores, the numbers soar even higher. Consignment and resale shops, in particular, boast an impressive customer base, ranging between 12% to 15%.
To put these statistics into perspective, consider that during the same timeframe, only 11% of shoppers visited outlet malls, less than 20% frequented apparel stores, and just over 21% patronized major department stores.
While many brick-and-mortar businesses face closure daily, the resilience of resale stores shines through. From the bustling corridors of flea market stalls to the cozy confines of mom-and-pop booths in resale malls, this sector remains robust and ranks among the fastest-growing segments of the retail market..
G. Allen Clark
G. Allen Clark has been writing for over 40 years. He was the co-owner of a 2nd hand pickers marketplace in Colorado Springs called The Flipping Peddler. He and his partner sold that business in 2021 and semi-retired to concentrate on refinishing furniture and writing. Retirement is not a way of life he enjoyed. He soon found a new outlet that combined the best of both worlds. In 2023, he bought an 1887 church and opened another antique vendor’s marketplace and used bookstore in Larned, Kansas You'll find it today as "Old Church Antiques and the 2nd Page Bookstore in Larned Kansas"His marketing and business expertise grew from his business and as an Adult education instructor in Small Businesses Entrepreneurship and having owned the market places listed aboveSince 1982, Clark has written various articles and ‘how-to’ e-books. One on Professional Selling entitled “The Perfect Profession” another on “Writing Copy as a Career,” and another on writing structure for managers & professionals, entitled “Writing to be Read.” Multiple Media copies can be found here on Smashwords..
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