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How to flip items on eBay with a small budget

11/05/2020

Why flip items on eBay?

Flipping items is a great way to make some extra cash . It has low time and skill requirements and is a great way to create more streams of income. eBay’s platform allows you to reach thousands of potential buyers with doing any sort of advertising, which makes it great for people starting a new business on a small budget. eBay also has generous seller fees, which means that you get to keep most of the money that you make.

What items should I sell?

If you have a small budget, you need to carefully select the items you choose to invest in. The types of items you want to flip, are items that have a quick turnover. This means that your capital will not held up in one item for too long.

Here are some items that are great to start with.

Mobile Phones

Mobile phones are a great item to flip for starters. Mobile phones have a strong second hand market, meaning that they will always have buyers and sellers. Mobile phones also have a wide variety of prices, ranging from £60 to over £800.

There are always new mobile phones coming out. People who upgrade their phone, often sell their old phones on online markets for a low price.

When buying mobile phones online, always look at the photos of the item carefully. Look for scratches, marks and chips to the casing of the device. Also read the description so you are aware of the condition of the item.

However, flipping mobile phones can be a low margin business, because the strategy is so popular. It can also be difficult for starters to source good deals. However, if you search platforms such as gumtree and the Facebook marketplace, good deals can always be found.

When you are selling mobile devices that you have brought, bundling items along with it such as headphones, phone cases, chargers and screen protectors, will make your item more appealing to potential buyers. This simple strategy can boost the value of an item from £150 to over £180, with as little as £10 invested in accessory items.

Children’s Clothes

Selling children’s clothes on eBay will always profitable. In this market, there is always a constant stream of sellers, selling their kids' old clothes that are no longer needed, and buyers looking to buy clothes for their loved ones.

One important part of selling clothes on eBay is the item's description. Include all the measurements of your items in the description of your listing, so that buyers are fully aware of the size and shape of the clothing. This will increase buyer confidence in your products.

Selling clothing on eBay, can be a crowded market. So, you here are some things you can do to make you stand out.

Postage

Have free postage on your items. This is becoming more and more of a necessity on eBay, as more buyers want their items as soon as possible and for as cheap as possible.

Free returns

When buying clothes online there is the chance the clothing may not fit the buyer, or the clothing may be different to how it appeared in the image. By offering free returns, you remove stress from buyers as they know if the item was not as expected, they can return the item and not be out of pocket.

Questions

Be quick to answer any questions watchers and potential buyers may have about your product, even if it means you have to repeat yourself. Great customer service is always a key part to running a business. If the customer has a good experience, they are more likely to buy your item and leave great feedback.

Garden furniture

Selling garden furniture is a lesser known item to flip. A lot of garden furniture is sold for dirt cheap prices or even thrown away as most people to not hold much value to their garden furniture. This allows the margins in this area to be greater than a lot of other markets.

When buying outdoor furniture, you may be required to do some touching up to your item to maximise the value you can sell it for. This can be anything from repainting to giving it a quick wash.

Another thing to note when selling garden furniture is that shipping cost will be considerably more expensive, because of the weight and size of the items. You can consider only offering pick up only collection to your buyers. However, this will limit the size of your customer base.

As with all products, good photos from many different angles, will help sell your garden furniture.

Sourcing items

Sourcing items is one of the hardest parts for sellers who have a low budget. Competition has increased over the years, as reselling and flipping items has become more popular. However, finding good deals is not impossible, in fact, there may be more deals than ever before, you just have to look in the right place. Here a couple of places you can source items from.

eBay

Sourcing items from eBay is a great option. eBay has millions of listings at any point in time, many of which are undervalued.

Facebook Marketplace

The Facebook marketplace is another great marketplace to find cheap items to flip. The Facebook marketplace is gaining more and more traction every day.

With a little bit of persistence and patience you can find many great deals for all different types of items in your local area. You can then go and resell these same items on eBay for a tidy little profit.

Garage sales

Garage sales are a popular way for sellers with a small budget to get their feet wet in the game. Garage sales allow sellers to see the items in person and ask question about its condition and use history. Garage sales give the opportunity to find high margin items that are being sold for dirt cheap.

Store clearances are also another great way to source items.

Get the most value out of your items

When flipping your items, it’s important that you maximise their value. Every extra bit of profit that you can get from an item helps you to grow quicker and to move onto more expensive items. One way to do this is it to optimize the titles and descriptions of your products.

Titles

Create your title carefully. Be clear and concise and don’t stuff the title with unnecessary keywords and synonyms. This helps both buyers and the eBay algorithm to correctly understand your titles.

The title can have up to 80 characters. Include important features for your category like brand, product name, material, size and colour. For items such as photography equipment including the amount of times something has been used is also very important.

Descriptions

Format the information about the details of your product into logical, readable chunks. Also keep in mind that your description will also need to be read on mobile devices, so you may need to increase the size of font you are using.

Next steps

Once you have found a strategy and items that work for you, capitalise on them. Finding consistently profitable items, that can be sourced for a good price can be a tough job, so if you have managed to accomplish this make sure to take advantage of the situation you are in.

You can do this by reinvesting all profits that you make so that you can quickly expand your stock and move into new areas or higher priced items.

Conclusion

Anything you do in life will take hard work and patience, and flipping items is no different. If you stay consistent, flipping items on eBay offers great returns. Like running any other business, managing your costs and expenses is key.

You can use our free tools to help yourself on your eBay business journey.

How to flip items on eBay with a small budget

11/05/2020

Why flip items on eBay?

Flipping items is a great way to make some extra cash . It has low time and skill requirements and is a great way to create more streams of income. eBay’s platform allows you to reach thousands of potential buyers with doing any sort of advertising, which makes it great for people starting a new business on a small budget. eBay also has generous seller fees, which means that you get to keep most of the money that you make.

What items should I sell?

If you have a small budget, you need to carefully select the items you choose to invest in. The types of items you want to flip, are items that have a quick turnover. This means that your capital will not held up in one item for too long.

Here are some items that are great to start with.

Mobile Phones

Mobile phones are a great item to flip for starters. Mobile phones have a strong second hand market, meaning that they will always have buyers and sellers. Mobile phones also have a wide variety of prices, ranging from £60 to over £800.

There are always new mobile phones coming out. People who upgrade their phone, often sell their old phones on online markets for a low price.

When buying mobile phones online, always look at the photos of the item carefully. Look for scratches, marks and chips to the casing of the device. Also read the description so you are aware of the condition of the item.

However, flipping mobile phones can be a low margin business, because the strategy is so popular. It can also be difficult for starters to source good deals. However, if you search platforms such as gumtree and the Facebook marketplace, good deals can always be found.

When you are selling mobile devices that you have brought, bundling items along with it such as headphones, phone cases, chargers and screen protectors, will make your item more appealing to potential buyers. This simple strategy can boost the value of an item from £150 to over £180, with as little as £10 invested in accessory items.

Children’s Clothes

Selling children’s clothes on eBay will always profitable. In this market, there is always a constant stream of sellers, selling their kids' old clothes that are no longer needed, and buyers looking to buy clothes for their loved ones.

One important part of selling clothes on eBay is the item's description. Include all the measurements of your items in the description of your listing, so that buyers are fully aware of the size and shape of the clothing. This will increase buyer confidence in your products.

Selling clothing on eBay, can be a crowded market. So, you here are some things you can do to make you stand out.

Postage

Have free postage on your items. This is becoming more and more of a necessity on eBay, as more buyers want their items as soon as possible and for as cheap as possible.

Free returns

When buying clothes online there is the chance the clothing may not fit the buyer, or the clothing may be different to how it appeared in the image. By offering free returns, you remove stress from buyers as they know if the item was not as expected, they can return the item and not be out of pocket.

Questions

Be quick to answer any questions watchers and potential buyers may have about your product, even if it means you have to repeat yourself. Great customer service is always a key part to running a business. If the customer has a good experience, they are more likely to buy your item and leave great feedback.

Garden furniture

Selling garden furniture is a lesser known item to flip. A lot of garden furniture is sold for dirt cheap prices or even thrown away as most people to not hold much value to their garden furniture. This allows the margins in this area to be greater than a lot of other markets.

When buying outdoor furniture, you may be required to do some touching up to your item to maximise the value you can sell it for. This can be anything from repainting to giving it a quick wash.

Another thing to note when selling garden furniture is that shipping cost will be considerably more expensive, because of the weight and size of the items. You can consider only offering pick up only collection to your buyers. However, this will limit the size of your customer base.

As with all products, good photos from many different angles, will help sell your garden furniture.

Sourcing items

Sourcing items is one of the hardest parts for sellers who have a low budget. Competition has increased over the years, as reselling and flipping items has become more popular. However, finding good deals is not impossible, in fact, there may be more deals than ever before, you just have to look in the right place. Here a couple of places you can source items from.

eBay

Sourcing items from eBay is a great option. eBay has millions of listings at any point in time, many of which are undervalued.

Facebook Marketplace

The Facebook marketplace is another great marketplace to find cheap items to flip. The Facebook marketplace is gaining more and more traction every day.

With a little bit of persistence and patience you can find many great deals for all different types of items in your local area. You can then go and resell these same items on eBay for a tidy little profit.

Garage sales

Garage sales are a popular way for sellers with a small budget to get their feet wet in the game. Garage sales allow sellers to see the items in person and ask question about its condition and use history. Garage sales give the opportunity to find high margin items that are being sold for dirt cheap.

Store clearances are also another great way to source items.

Get the most value out of your items

When flipping your items, it’s important that you maximise their value. Every extra bit of profit that you can get from an item helps you to grow quicker and to move onto more expensive items. One way to do this is it to optimize the titles and descriptions of your products.

Titles

Create your title carefully. Be clear and concise and don’t stuff the title with unnecessary keywords and synonyms. This helps both buyers and the eBay algorithm to correctly understand your titles.

The title can have up to 80 characters. Include important features for your category like brand, product name, material, size and colour. For items such as photography equipment including the amount of times something has been used is also very important.

Descriptions

Format the information about the details of your product into logical, readable chunks. Also keep in mind that your description will also need to be read on mobile devices, so you may need to increase the size of font you are using.

Next steps

Once you have found a strategy and items that work for you, capitalise on them. Finding consistently profitable items, that can be sourced for a good price can be a tough job, so if you have managed to accomplish this make sure to take advantage of the situation you are in.

You can do this by reinvesting all profits that you make so that you can quickly expand your stock and move into new areas or higher priced items.

Conclusion

Anything you do in life will take hard work and patience, and flipping items is no different. If you stay consistent, flipping items on eBay offers great returns. Like running any other business, managing your costs and expenses is key.

You can use our free tools to help yourself on your eBay business journey.

How to flip items on eBay with a small budget

11/05/2020

Why flip items on eBay?

Flipping items is a great way to make some extra cash . It has low time and skill requirements and is a great way to create more streams of income. eBay’s platform allows you to reach thousands of potential buyers with doing any sort of advertising, which makes it great for people starting a new business on a small budget. eBay also has generous seller fees, which means that you get to keep most of the money that you make.

What items should I sell?

If you have a small budget, you need to carefully select the items you choose to invest in. The types of items you want to flip, are items that have a quick turnover. This means that your capital will not held up in one item for too long.

Here are some items that are great to start with.

Mobile Phones

Mobile phones are a great item to flip for starters. Mobile phones have a strong second hand market, meaning that they will always have buyers and sellers. Mobile phones also have a wide variety of prices, ranging from £60 to over £800.

There are always new mobile phones coming out. People who upgrade their phone, often sell their old phones on online markets for a low price.

When buying mobile phones online, always look at the photos of the item carefully. Look for scratches, marks and chips to the casing of the device. Also read the description so you are aware of the condition of the item.

However, flipping mobile phones can be a low margin business, because the strategy is so popular. It can also be difficult for starters to source good deals. However, if you search platforms such as gumtree and the Facebook marketplace, good deals can always be found.

When you are selling mobile devices that you have brought, bundling items along with it such as headphones, phone cases, chargers and screen protectors, will make your item more appealing to potential buyers. This simple strategy can boost the value of an item from £150 to over £180, with as little as £10 invested in accessory items.

Children’s Clothes

Selling children’s clothes on eBay will always profitable. In this market, there is always a constant stream of sellers, selling their kids' old clothes that are no longer needed, and buyers looking to buy clothes for their loved ones.

One important part of selling clothes on eBay is the item's description. Include all the measurements of your items in the description of your listing, so that buyers are fully aware of the size and shape of the clothing. This will increase buyer confidence in your products.

Selling clothing on eBay, can be a crowded market. So, you here are some things you can do to make you stand out.

Postage

Have free postage on your items. This is becoming more and more of a necessity on eBay, as more buyers want their items as soon as possible and for as cheap as possible.

Free returns

When buying clothes online there is the chance the clothing may not fit the buyer, or the clothing may be different to how it appeared in the image. By offering free returns, you remove stress from buyers as they know if the item was not as expected, they can return the item and not be out of pocket.

Questions

Be quick to answer any questions watchers and potential buyers may have about your product, even if it means you have to repeat yourself. Great customer service is always a key part to running a business. If the customer has a good experience, they are more likely to buy your item and leave great feedback.

Garden furniture

Selling garden furniture is a lesser known item to flip. A lot of garden furniture is sold for dirt cheap prices or even thrown away as most people to not hold much value to their garden furniture. This allows the margins in this area to be greater than a lot of other markets.

When buying outdoor furniture, you may be required to do some touching up to your item to maximise the value you can sell it for. This can be anything from repainting to giving it a quick wash.

Another thing to note when selling garden furniture is that shipping cost will be considerably more expensive, because of the weight and size of the items. You can consider only offering pick up only collection to your buyers. However, this will limit the size of your customer base.

As with all products, good photos from many different angles, will help sell your garden furniture.

Sourcing items

Sourcing items is one of the hardest parts for sellers who have a low budget. Competition has increased over the years, as reselling and flipping items has become more popular. However, finding good deals is not impossible, in fact, there may be more deals than ever before, you just have to look in the right place. Here a couple of places you can source items from.

eBay

Sourcing items from eBay is a great option. eBay has millions of listings at any point in time, many of which are undervalued.

Facebook Marketplace

The Facebook marketplace is another great marketplace to find cheap items to flip. The Facebook marketplace is gaining more and more traction every day.

With a little bit of persistence and patience you can find many great deals for all different types of items in your local area. You can then go and resell these same items on eBay for a tidy little profit.

Garage sales

Garage sales are a popular way for sellers with a small budget to get their feet wet in the game. Garage sales allow sellers to see the items in person and ask question about its condition and use history. Garage sales give the opportunity to find high margin items that are being sold for dirt cheap.

Store clearances are also another great way to source items.

Get the most value out of your items

When flipping your items, it’s important that you maximise their value. Every extra bit of profit that you can get from an item helps you to grow quicker and to move onto more expensive items. One way to do this is it to optimize the titles and descriptions of your products.

Titles

Create your title carefully. Be clear and concise and don’t stuff the title with unnecessary keywords and synonyms. This helps both buyers and the eBay algorithm to correctly understand your titles.

The title can have up to 80 characters. Include important features for your category like brand, product name, material, size and colour. For items such as photography equipment including the amount of times something has been used is also very important.

Descriptions

Format the information about the details of your product into logical, readable chunks. Also keep in mind that your description will also need to be read on mobile devices, so you may need to increase the size of font you are using.

Next steps

Once you have found a strategy and items that work for you, capitalise on them. Finding consistently profitable items, that can be sourced for a good price can be a tough job, so if you have managed to accomplish this make sure to take advantage of the situation you are in.

You can do this by reinvesting all profits that you make so that you can quickly expand your stock and move into new areas or higher priced items.

Conclusion

Anything you do in life will take hard work and patience, and flipping items is no different. If you stay consistent, flipping items on eBay offers great returns. Like running any other business, managing your costs and expenses is key.

You can use our free tools to help yourself on your eBay business journey.