Finding low cost products is the most important part of any small sales business.
If you wish to find below wholesale product sources, there are five great ideas to get you started. All of these sources deal more specifically with used items instead of new. For new items, your best bet is to deal with the manufacturers directly.
Product Source One - Thrift Stores
Thrift stores are designed to sell products at super low prices. Their goal is to shift product quickly and make some money for their particular charity. Many thrift stores have weekly or monthly sales when the bulk of their merchandise comes in. These sales might be “Three Dollar Bag Day” or “Buy One Item, Get One Free.” It is a great business move to find out if your local thrift store has regular sale days. You will be able to get a lot of below wholesale merchandise at these times.
Product Source Two - Garage and Yard Sales
Garage and yard sales are great sources of below wholesale cost products. Most people who hold these sales are interested in one thing: getting rid of accumulated junk. If you find several items, or a whole collection, that you are interested in, you should definitely make an offer.
Another great way to get a lot of cheap products from a garage or yard sale is to wait until the afternoon. Many of these sales close up around two or three o'clock. If you arrive as the people are clearing away and make a reasonable offer on a lot of the leftovers, they may just be happy to not have to clean up.
Product Source Three - Swap Meets, Bazaars and Flea Markets
The same method can be applied to some flea markets and swap meets. End of the day sales are common at these events. Also, haggling is a recognized part of most transactions. You can get a bunch of below wholesale items that you can resell for a profit.
Product Source Four - Classified Listings
Perusing the newspapers and online classified can reap great rewards. Many people sell quality items for very small amounts of money just to get them out of the house.
Product Source Five - Pawn Brokers and Consignment Shops
These locations for below wholesale products give another example of places where connections matter. If you can get the pawn broker or consignment shop owner to let you know when new items of interest come in, you will be a step ahead any competition. After all, these people are in business to make money as well. If you offer yourself as a ready buyer of low cost merchandise, they will invite you to come and shop anytime.
