Pricing
- How do I price items I find at thrift stores for resale?
Research sold prices on eBay and other marketplaces, then price competitively based on condition, demand, and fees. - How much should I pay for items to flip for profit?
A common rule is to pay no more than 25-30% of the expected resale price, but this varies by category and risk. - What is a good profit margin for flipping thrift store finds?
Aim for at least 100% profit margin (double your money) after all costs, but 200-300% is common for successful flips. - How do I know if a thrift store item is overpriced?
Check sold listings on eBay, Poshmark, or Mercari to see what the item actually sells for, then subtract fees and shipping. If the thrift price leaves little or no profit margin, it's overpriced. - Should I negotiate prices at garage sales?
Yes, negotiating is generally expected and accepted at garage sales, but be polite and reasonable. A good rule is to offer 50-70% of the asking price, especially when buying multiple items. - How do I calculate fees and shipping when pricing items?
Add up platform fees (typically 10-15% on eBay, 20% on Poshmark, 10% on Mercari) and shipping costs, then subtract from your sale price to find your profit. Price so that after fees and shipping, you still make a worthwhile margin.