The Perfect Weekend: Running Your Own Flea Market Business
Business Overview:
If you love hunting for treasure at flea markets and think you could sell treasures of your own, you should consider starting your own flea market business. There is a lot of competition at flea markets so the first thing you’ll want to do is come up with a few flea market ideas for things you’d like to sell. Maybe you make crafts or jewelry and think selling at flea markets is perfect for your products. Or if you don’t have any products of your own, you can look at garage sales, in classified ads or antiques and collectibles stores for items to sell. Take some time to visit your local flea markets to see what other vendors are selling. You’ll want to set yourself apart with your products but keep your prices reasonable. And customer service is key when learning how to sell at a flea market. Even if your products aren’t fancy, a friendly disposition will make you a sale just as quickly. As long as you have properly priced, quality products arranged neatly in your booth, flea marketing will be a breeze.
A Day in the Life of a Flea Market Business Owner:
Your day as a flea market business owner will vary depending on what types of products you sell. If you make your own products, you will spend some time each day beefing up your inventory by creating new products. If you purchase your products elsewhere for resale, you’ll need to spend some time every few days shopping for new products either locally or online. On days when you sell at a flea market, you will pack up your items and take them to your booth where you will arrange them neatly and price them. At the end of your day, you will pack up your items and go to your home office where you will record your day’s sales.
About Your Customers:
Your customers will be flea market shoppers. They will be looking for specific items or just browsing for unique gifts and collectibles.
What You Need to Start:
- Products to sell
- Flea market booth space
- Computer with bookkeeping software
The Good:
- Start up costs are low.
- Return on investment is high.
- You can work as much or as little as you want.
- Indoor flea markets keep you and your items out of the elements.
The Bad:
- Coming up with a unique idea might take some time.
- Competition is fierce at flea markets.
Resources:
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