Learn the secrets to turning $100 of product into $500 of profit at flea markets and make $400 to $1200 per week.

The basic concept

This idea requires a bit of work, but it can also give you fairly consistent earnings and leaves little to chance.

Here’s the basic concept: if you knew what people were willing to buy and at what price then all you would need to do is get the product, at the right price, and get in front of those people.

Most people who sell at flea markets have a product in search of a customer. Typically they are making very little money, often barely more than their rental fee for the space, which is usually around $20 to $40.

Testing products

We go to flea markets and very rarely ever earn less than $300, usually more than $500. How do we do it? We test products, we find the products people really want, and we get these products. Our tables always have the most people around them because we understand how to use products that rarely sell or that make us little to no profit to attract a lot of people who then buy our other products.

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Here’s an example. We buy 200 air soft pistols, we pay $300, we sell them for $5 each, which is half of what they cost anywhere else. We know these things sell because we first ordered a few and tried different prices: we found $10 was OK but products moved slowly and we found that at $4 or less people thought the pistols were junk.

So what’s the deal?

So, how can you turn $100 in products into $500 at flea markets?

Buy a few items that are hot sellers and test them. Go to flea markets, try different ones, and see what sells and at what prices. Over a 4-6 week period you may only break even, but you will not lose money and you will have valuable data about what sells in your area at what price.

Think in terms of customers…..

Don’t think in terms of products, think in terms of customers. You will have older men and women, children, teenagers, and young couples. Over time, figure out who your customers are. We have found that old men are a big group and we have found that in our area they love collectible toy cars. We know what they’ll pay, so we look high and low to find what they want and get it for them at the price they like.

Finding suppliers

As you do this you will need suppliers. That is not easy to find. If you email me at americaforchrist@yahoo.com I can help, but generally it requires a lot of searching and digging. Try simply typing into a search engine things like “wholesale bulk lots knives” or whatever. Don’t pay for sources. Use superpages.com and type in wholesale in the search and pick a city, like Los Angeles or a city near you. And make some phone calls.