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Small
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Business Opportunities >>
How To Profit in Flea Marketing
On the outskirts of nearly every town across the U.S., especially
in The spring, summer and fall, you will see a Flea Market
set-up. Often there will be hundreds of trailers, booths and
tables in a large field just off a major thoroughfare. How
do these people operate? Where do they get their merchandise?
Do they make any money?
Whether they make any money or not depends on the way each
individual merchant operates, what type of merchandise is
offered and how much time is devoted to the business.
Most of them set up their wares on weekends an spend the
rest of the week searching for goods to sell. Good antique
dealers who know their product generally make very good profits.
Clothing dealers, in the right location, can often bring in
up to $600 on a typical weekend.
Jewelry, including rings, various kinds of necklaces, and
silver and gold are big sellers.
Large, heavy and bulky items are not generally favorable
for flea markets.
The secret to making a profit in Flea Marketing is not what
or how you sell. It's what you buy and how you buy it! You
must find items which will sell for 8 to 10 times more than
cost, unless you have really favorable products that will
sell in large quantity. The products should be unusual; things
which can't be obtained locally, unless the price is substantially
below market.
You can get seconds and damaged goods direct from many factories
across the country, often at very little cost just to get
them out of their warehouse where they are taking up room
and gathering dust. Call on the managers in person or send
letters offering to purchase factory closets, etc. Hand out
your business cards letting people know that you are in the
business of purchasing various kinds of merchandise.
Auctions, garage sales and yard sales are other good sources.
Don't overlook the classifieds in the paper.
Offer to clean out attics and garages and haul "junk"
away. Many times the "junk" turns into the most
lucrative profit items. You will have to learn to "bargain"
with the people on all your purchases in order to get them
to sell for a low figure.
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