I will be the first to admit that I don’t know diddly squat about Legos. I know that many young boys love playing with them, but I had no idea that grown men, women, and even little girls enjoy them too. So when I found myself at a yard sale filled with Legos, I took a chance at buying what looked cool — and of course what was unopened.
I still haven’t tackled everything that I purchased, but the sale from that one Lego minifigure paid for my entire purchase of approximately 40 minifigures, complete sets, and other Lego memorabilia.
Unfortunately, I could not identify 90% of the minifigures that I purchased, but there was one that I knew quite well thanks to my love of Pirates of the Caribbean. Imagine my surprise when I researched him on Terapeak and saw what he sold for. Who knew that the individual characters were worth so much?!? I certainly didn’t.
I decided that using the auction format would be the best way to list this item. I didn’t know what to expect, but I did make sure to start the auction at $29.99 to ensure that I would be happy if I only got one bid. Thankfully, I got more than that!
Over the next few weeks I will continue to list the remaining minifigures and sets that I purchased. There are a lot of goodies in that lot, and with the help of Terapeak and the official Lego website, I hope to identify the rest of them and get them listed ASAP.
A few weeks ago I picked up a new in box Disney Little Einstein’s pyramid set from a local thrift store for $4.99. I almost walked by it because it was directly behind an oversized game board, but when I caught a glimpse of the words “Little Einsteins,” I picked it up without hesitation. What’s funny is that shortly after placing this item in my cart, I ran into a married couple who also resell on eBay. They were on the same toy aisle as me, but they didn’t bother to pick up this particular set even though they had scanned through all of the games and had finally settled on rummaging through oversized plush. I’m not sure how or why they missed this, but it goes to show that what’s profitable to one person is not to another.
I won’t assume that everyone reading this post knows how popular and profitable the Little Einsteins “Pat Pat” rocket ship is, but because I know how well those sell on eBay, I figured I could at least get $25 for this quick flip. After actually researching this toy on my phone, it turned out I could get much more than that.
Unfortunately, it wasn’t in good enough condition to send into Amazon FBA due to the many dings on the box so I listed it on eBay and priced it at $45. Had it been in better shape, I would have sent it into Amazon FBA and set the price around $60.
Today I’m going to do things a little differently with this particular “What Sells Well Wednesdays” post. Normally I would re-cap an item that sold from the previous week either on eBay or through Amazon FBA, but today’s post will be centered around items that I have purchased with the intention of flipping on eBay, but never actually got around to listing — for one reason or another.
Yesterday I took the first steps towards liquidating my eBay inventory which involved taking close to 200 photographs and editing all of those before I went to bed so that I could list at least 20 items today. Thanks to my trusty batch photo editor, I edited all of those photos in less than 30 minutes. I did not realize how much good stuff I have been letting collect dust. Don’t believe me?!? Take a look at the inventory I plan to list today. These are things that you should be on the lookout for (#BOLO) at your local thrift stores, garage sales, or flea markets.
LinkSys Wireless Router – These are in abundance at thrift stores! Many times I find these new in package, but in most cases they are used. Some models do better than others in either condition. This one should sell for between $30-$50. I paid $6.00.
Sony VHS/DVD Recorder – Are you looking in the electronics section of your thrift store? If not, you should be! I purchased this beauty for $25. Last year I would have balked at paying that price, but I hope to re-sell this for $125. It isn’t complete, but it does have its original box and remote control. You can view completed listings here.
I hope that you all are having a fantastic week of sourcing and reselling. I am just getting back into the swing of things after returning from a much needed vacation. As I looked over my sales for the past two weeks, I noticed that a lot of products that I had every intention of selling on eBay some how made their way over to my Amazon FBA inventory. One of those products happened to be a set of Meaningful Beauty products that I picked up for $2 a set from an estate sale a month or two ago.
You are doing yourself a disservice if you are not keeping an eye out for beauty products at thrift stores, flea markets, estate sales, or yard sales — especially overpriced ones like Meaningful Beauty. I picked up two of these kits from an estate sale after researching the product name on my Terapeak app. I didn’t know much about this line, but I saw sealed beauty products in a tote bag and after looking at the sold listings on eBay, I did a little happy dance in the middle of a crowded room as I scooped them up and placed them in my bag.
I have officially changed “Watchout Wednesdays” to “What Sells Well Wednesdays.” This Wednesday I want to focus on what sells well on eBay.
A few days ago I sold the DVD set pictured above on eBay that produced a whopping 2000% return on my investment. This was NOT a thrift store item. I actually purchased it from my local library. Yes, that’s right…the library.
Many of the libraries in my area have Friends of Library (FOL) stores within the library to help raise funds. I decided to drop by to see if there were any books worth picking up for Amazon FBA, but as it turned out, I found quite a few goodies for eBay and this was one of them.
I typically come across a lot of investment related material when out thrifting and especially at Goodwill Outlet stores. Most of the time it features Guy Kawasaki or other well-known names. These types of items sell for quite a bit of money, even used. A typical investment course can set you back as little as $400, so then it reasons that there are many people out there looking for a cheaper alternative. If you look at some of the completed listings for similar items by this company, you will see that they sell for several hundreds of dollars.
Since I did not know much about this item, I had to use my Terapeak app to do some research! Even though I had never heard of IBD, when I see something new in package — even without an ISBN — I look it up. Terapeak showed that it had over a 100% sell-through rate. You just can’t beat those odds!