Forums: Discussions for entrepreneurs and small business.

Hello,

 

Does anyone out there have flea market experience? I would like to get into a local flea market but am having a hard time deciding which items to sell. I know I want to sell new items. I originally wanted to sell baby's clothing but after going there and not seeing but 2 or 3 vendors with this type of clothing I was put off. I thought about cosmetics (make-up). I also have been thinking about toys for children (novelties). Or even genernal merchandise.

If anyone of you have experience with a flea market local please guide me...

 

Thanks!

JG

Just because there are a few vendors with that type of merchandise isn't necessarily a bad thing.  Maybe next weekend you can go there and look around for a bit.  Take notice of how many people in a five-fifteen minute span actually buy products from the vendor.  You can then multiply that by the hours the traffic at the market is that steady and make some estimations on how much you may be able to sell.

Don't forget that you have to compete with everyone who sells the same merchandise as you do.

Also, make sure you know how much it costs to buy a table for the day and make sure you'll be able to make money for the day.  Send me a PM or a tweet if you have any more questions or if I am not being specific enough in my response.

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Robert M. Cavezza

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The flea market business is about the same things as any other business. Product, location, timing and expectation. It sounds to me that you're looking for one particular product to sell and each week try and eek out say a 100.00 a day. This is a tough way to go. You need to think of a flee market as a giant Wal Mart. The expectation from the comsumer is the prices are the lowest around. However there is only one baby clothes department in each store. So if you are putting in another baby clothes dept. you have to under-cut the competitions price. Now a 2.00 outfit is only 1.75 and depending on how your buying, here you go. But you always see many vendors selling the same items. It is all about how and where you buy your products.

The flea market business is very hard and not for everyone. If you are determinded to proceed I canhelp with some additional ideas for you.

Good luck,

DaleH 

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You should sell what will make you the best profit. Don't worry so much about your competition as long as you charge less than them and still make a profit. Also sell a variety of items, it also helps to build a good reputation so you can eventually see repeat customers as time goes by. Also try online selling websites such as amazon.com and ebay, your item will also sell there.

Al Delgado

Business Ideas Coach

www.businessideascoach.com

Do not be put off by 2 or 3 vendors selling the same product as you are.  Each vendor is different from another.  Aside from design variations of your items from the other vendors, also keep in mind that flea markets make it possible for vendors to deal directly with the buyer.  A pleasant and welcoming vendor who has strong product knowledge always makes the sale.

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Kate

Medifast.org