Monday, June 24, 2019

Reselling From Charity Shops For A Profit

If you treat your online selling as a business then you are familiar with the need to source your inventory at the best possible prices in order to achieve the highest profits. This is why charitable organization shops are popular sourcing venues for online sellers.

While charitable organizations originally opened shops to provide quality goods at affordable prices for those struggling financially, they are becoming increasingly aware of their popularity with a wider demographic, including online sellers.

Online sellers may feel a sense of guilt at buying their merchandise from charity shops, with several factors making them feel this way. Let’s take a look at some of those:

Is it wrong to buy items that the needy may want to purchase, thereby reducing the number of items available to those less financially secure?

The majority of charitable organization stores have more stock than they can handle. Many of these stores have limited space and will replace sold items very quickly. Of course this is not true of every store and is largely dependent upon population and wealth of the community.

Is it wrong to offer items to potential buyers that were sourced from a charitable organization store?

Unless there is some marking or store tag left on the item when photographed there is no way that a potential buyer can tell where it came from. The buyer is more interested in whether the item is in good, working condition. Besides, the likes of Salvation Army and Goodwill often receive items that are still factory sealed, but offer them to the public at much reduced prices.

Is it deceitful in any way to purchase from a charity shop with the intention of re-selling?

I believe that most charity shop employees are aware that a number of their regular customers sell online. In fact, I would go as far as to say that they are grateful to such customers, as often they will buy large quantities of items. This helps the store keep shelves stocked with new items, and at the same time keeps the money coming in. Also, it is wise to note that many online sellers donate back items that have not sold.

At the end of the day $1 is $1 whether it comes from an online seller or someone bargain hunting for them self. Provided the money is put back into the community via charitable works then there is no need to feel any guilt whatsoever.

And you can always make a donation to your favorite charity shop at the end of the year!

Wednesday, October 10, 2018

Make Money From Old Magazines On eBay and Etsy

Yes, you can make money from old magazines! Old and not so old magazines can be sold complete or cut apart 

Do you have old magazines lying around the house that you no longer have the room to store? Don’t be so quick to throw them away. You can make money from old magazines if you know how to market them. Old magazines are among the "free things to sell on ebay" I blogged about last week.
Many people assume a magazine only has value if it's very old. Nothing could be further from the truth. People value magazines for their information. If you have a magazine with information about a particular product, hobby, person or a magazine article that solves a very specific problem, people will gladly pay money for it. People also value magazines for their photos. Magazines depicting rare photos of particular celebrities, leaders, criminals or other persons of interest, particularly if those photos are not common, can be in high demand.

Here are some ways you can make money from old magazines (not just old, even recent issues will do!):


1. Flip through your magazines and find articles containing information on how to do a hobby related project. This should be information that's not easily found elsewhere. You can sell the article along with the complete magazine on one of the auctions sites such as Ebay.. It's important that you list the article under the appropriate Ebay category for best results. If you're selling an article on building a ceramics kiln, list it under crafts followed by one of the ceramics categories. Don't list it under the magazine category as this is too general. Other articles that can be sold using this technique are rare articles on particular types of collectibles which can be found in such magazines as Antiques Magazine.

2. Look for magazines with cover photos of popular celebrities. If the celebrity generates interest or is controversial in some capacity, this makes the magazine even more marketable. Surprisingly enough, it's often the lesser known celebrities that garner the bids on Ebay since there are fewer magazine covers featuring their photos. If in doubt regarding the marketability of a particular magazine, you can do an Ebay search using the celebrity name and see how quickly items relating to that particular celebrity sell. Again, Ebay is the best place to sell magazines with celebrity cover photos. If there's an inside photo spread of the celebrity, be sure to mention this in your description.

3. Look for older issues of popular magazines, particularly the first few issues produced. Those issues tend to be less common since fewer were produced. They're also in greater demand because fewer people have them since the magazine wasn't as well known at the time of initial publication. Of particular interest are early issues of niche publications on specific hobbies or collectibles, especially if the magazine is out of print. Some of these issues can bring very high prices on Ebay.

4. Another way to profit from older magazines is to look for old ads for watches, cars, beer, coca cola and other items people deem worth of collecting. Carefully, remove the ads from the magazine and sell them to collectors who can frame and display them as art. You can sell just the ad or you can frame the ad yourself and sell it as a completed work of art. It's easy to do research on Ebay to see what sells and what doesn't. 

5. If you have large groups of a particular publication, for example a years worth of Martha Stewart Living magazine, you can sell the magazines as a set. Often, magazines that won't sell well individually can be sold in groups of three of more issues.

6. If a magazine has a cover created by a famous person, the magazine can be sold on the merit of its cover. For example, a magazine with a Norman Rockwell or Maxwell Parrish cover may be in great demand with collectors.

7. If all else fails or if you don't have time to put your magazines up on auction, you can display them at your next yard sale and sell them for 25 cents each. You'll be surprised at how quickly those quarters can add up.
Now you know there are many ways to make money from old magazines. Be on the look out for interesting magazines at the next yard sale you attend. It may be the start of a whole new business for you.