The Easy Way to Garage & Auctions

Here's how you can cash in on garage sales, yard sales, auctions, classifieds, resale, thrift & second-hand shops, fire sales and flea markets, even online:

Self Employment Resource Guide

1. Learn how to publicize your garage sale or auction.

2. How to negotiate with customers.

3. How to set prices.

4. What to do with leftovers and surplus items.

5. How to buy for resale.

6. Where to buy resale items.

7. Offer payment options like PayPal (learn more about payment options).

8. Start your own business.

Yes, this is how eBay, Craigslist and other e-commerce and auction powerhouses started. Use these and other alternative selling venues to get paid and get rid of your surplus and unwanted items at the same time.

Create your own sales and use those of others. Also, save money by shopping there. You can find some real bargains

Don't forget to combine the different types of sales (online & off) for added success. And take advantage of reverse auctions, B2B sites, buyer's clubs, etc.

Any item is fair game. Unusual and downright weird items should fetch a premium price. Clean out your closets, basement, attic, garage, shed, boxes, crates, storage areas, etc.

Sell what you (and interested parties) make, restore, repair and refinish. And buy suitable items and resale them.

Garage sales, auctions and yard sales should be fun, quick, easy, and of course, profitable, especially if you're just selling your own items. It doesn't have to be complicated, exotic or extravagant.

Remember the key to success is to create and follow a sales strategy.

Start slow. Try something simple like telling everyone you know and run into. Build a buzz about your sale with word of mouth advertising.

Try demonstrating what you sell. Let people know how to use your products. Give them extra reasons to buy by showing them how versatile your products are.

Next, place free classified ads (even online), post notices in your neighborhood (grocery stores, apartment buildings, trees, chat rooms, schools, etc.) and create an e-commerce website or blog.

Also, consider selling through a reseller, i.e., resale shops, auctions.

Once you get your feet wet then you can move ahead full blast: Have multiple item sales or location on a regular basis and incorporate the many kinds of sales (online & off).

You may even want to purchase additional items, buy in bulk, work with multiple vendors and add payment options.

You can take it even further with Specialty Retail: pushcarts, kiosks and RMUs (retail merchandising units). You see it everywhere, from hot dog stands and roadside farmers to multi-million dollar set ups at trade shows and purveyors of fine jewelry.

Have you thought about joining the fun? It may be just what you need.

Keep your sales simple and enjoy the rewards! Don't be afraid. It doesn't take much time or money. Start now!

A Frugal Living Net Link

A Spare Time magazine (May/June and Summer) two part "Yard Sale" feature

A Creative Downscaling tip source

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