How to Sell Your Stockpile
Why would you want to sell your stockpile?
1.) Having an excessive stockpile is pointless.
In general, most products start to breakdown 9-12 months after the MFR date. You have 30 bottles of Tide and you use one a month. By the time you get to #13, its strength is nothing compared to when you used #1. Yes, you definitely should have enough to keep your family stocked for 6 months but anything over that is just collective dust. Especially because 99% of sales repeat themselves literally every 3-4 months.
2.) Money Money Money
Selling is a FANTASTIC extra income source! I’ve seen people pay for vacations. I’ve paid off thousands in debt and built a nice savings. Who wouldn’t want extra money?
Where to sell your items
Facebook marketplace
Offerup
Letgo
yard Sales
Town markets
Ebay
Mercari
Each of these options have pros and cons. You just have to find the one that works for you.
Pricing
The goal with reselling is ALWAYS to double/triple your expense. I’ve created a resell pricing guide to help you. The general rule is more than what you paid, less than what Walmart charges. Reselling prices will differ depending on what area you live in (NC vs CA). Also know that with reselling comes hagglers and low ballers. You can write price is firm and they will still ask. Just say “no thanks, my price is $x” I will let items sit for weeks before I sell below my price point.
Taking Pictures
When you’re taking pictures of items think about what would appeal to your customers. The background should be clean. The lighting should be bright and the image should be clear. Do NOT take pictures on your bed or carpet. Choose one location and take all of your pictures there. For instance, I have a pink table with a white wall. It makes it all professional-like.
Listing Items
The description of your listing should be short, but so detailed that the buyer has no questions if they decide to read it.
Things it should include:
price
quanity
meet-up location
payment options
Meeting Up
Choose a public location with a lot of traffic that is close to your house. Ex. gas station. Ideally, you don’t want to be traveling all over town wasting YOUR GAS to do meet-ups. Let them come to you. Make sure that 1 hour prior to the meet-up, you check back in with the member to reconfirm that the time still works for them. Some customers are forgetful but others are rude and will not tell you.
Customer Retention
It’s easy to get customers but how many of them can you retain as loyal customers?
Message the customer after the meeting thanking them for buying from you. Let them know that if they’re looking for anything else, to message you
Stop placing your customers’ orders in plastic bags! Give them paper or reuseable. It looks better.
Learn what your customers like. Ex. One of my customers loves Persil. She will always BUY IT ALL no matter how much I get. When it’s on sale I buy a lot then call her. Easy sale
Make sure customers have a way to contact you. Apps go down all the time. If it’s down right before a meet-up, you could miss out on a sale. Give them your number. I have business cards
Haver some type of reward for if they buy from you x amount of times. $ off total, free samples, etc.
Confidence
“Scared money, don’t make money” Have CONFIDENCE in what you’re doing! Customers will TRY YOU all the time. it’s part of the game but if you’re confident and stand firm, they’ll realize you mean business. It’s okay to be nervous but don’t let it show.
Public Service Announcement This guide IS NOT the FINAL SAY! If what you’re doing works for you… keep doing it! This is more of a guide for those who need help and don’t know where to start. This is how I am successful and what has worked for me!
Some other “resellers” feel like I shouldn’t teach how to resell because of competition. I’m 100% confident in what I do! I have taught multiple ladies on Facebook how to resell, all of who have been successful. I’ve taught people in my own town hose to resell. I’m not worried about competition.