Successful sellers use these flea market secrets to make really good profits and turn their weekend sales activity into a lot of cash. If you want to start and build your own small business you should incorporate these ideas.
Before you start your own flea market business make sure you have all necessary business licenses and resale permits required to be legal. Find out how your sales tax works. If you want to make real money at the flea market you should treat it as a business. You can make a full time income selling flea market products on weekends.
Various flea markets focus on different types of products. Study and test them out to find what sells best. What will sell in one market will not sell at another one. Find out if you should you focus on high end items such as electronics or cheap used clothing, antiques, collectors, etc. Whatever product you choose you need to find a stable and inexpensive source. Research wholesale suppliers and liquidators of overstock merchandise and returns.
Flea market business owners expect to haggle when they sell. Bargaining the correct way is one of the top flea market secrets. Always price your items for more than you want so you will have room to come down and make the customer feel like they got a great deal.
Set your tables up the right way. Keep everything neat and organized so your customer can see everything on display. Use a draw item to place front and center to catch the shoppers eye and move them in your direction. You have to get them to your tables to be able to sell them something.
Always provide good customer service. Be friendly, have the correct change and offer bags for purchased merchandise. You can build a repeat business and that is where you will begin to make your money for the long term.