Product Sourcing Tips

Well today is Friday and Product Sourcing Day. This week we are going away from giving you a Product source firm or product and are going to talk about an area where you can source products at great prices and can make massive profits.

The area I am talking about is called in the UK Car Boot sales and in the USA are often called Garage Sales. Now I know there is a difference.  Here in the UK a load of cars come together and sell the goods from a car boot, while in the USA you have Garage Sales where people sell from the garage, but quite often several people in the area choose to have a sale on the same day so you do get a large choice.

So How does this help you to source products, well you can go buy cheap and sell high, you can barter for items as well.

Now whether you live in the Uk or the USA and you go to Car Boots or Garage Sales there are a few tips that apply to both.

@ Arrive Early – be there just before or as the sale starts here you will get the best bargins and the first choice, if you leave it too late the best items will have gone.

@ Take cash with you as few people will take a check (cheque) and even fewer will take cards.

@ Set yourself a budget and stick to it (that is unless you see something you  know will sell) but do try and stick to it.

@ Do barter with people but at the same time remember they are in it to make a living or make some money.

@ Look for things like toy cars as in the picture above these are often sold in boxes and they work out cheap.

@ Another tip is if you can manage it, go back 30 minutes before closing time and take another look, you may spot a gem of an item, now if you are good at barter or buying you may get the item real cheap or even for nothing. This can happen if the people do not want to take it back with them.

Hope this tips and ideas have helped you with your Product Sourcing.

Happy Selling

Andrew Milburn and My Auction Empires