If Trotter's Independent Traders were found in the modern world, they wouldn't be on eBay. Del Boy would swerve the online giant's 10% cut of your sale value and dodge the extra fees for listing and photos. He'd shun the millions of ambivalent browsers and seek out higher profit margins in niche markets where people will pay top money for the products they're looking for. If you want to follow suit, we've highlighted five lucrative product categories that you can sell in your spare time and provided all the links you could need to make a profit.
The boom trade
Use market research reports from mintel.com to identify key consumer trends that you can hook onto. These won’t necessarily be long-term money-spinners but a well-timed spot of bandwagon-hopping can make you quick cash.
Refine to refinance
“More and more men are interested in at-home grooming options,” says James Hardy, retailer of alibaba.com. An electric body-hair remover such as a No!no! will cost you £22.50 per unit from 405 Ltd at alibaba.com, with a resale value of more than £100 in the UK. That’s a profit margin of over 300% gross. Items like this are often sold through their own ecommerce sites – try shopify.com for a free site.
0 comments:
Post a Comment