If you are interested in starting a reselling business on eBay, then you might be wondering what some of the best things to buy and sell for profit are. May people do this in the UK and it can be a very lucrative way of making money, as a side hustle or even as a full time job.
Here are some of the items that are very popular for buying and selling for a profit..
With a massive focus on sustainability and trying to reduce the consumption of fast fashion, there has never been a better time to buy and sell clothing as a reseller, whether you choose to sell them on eBay, Vinted or Depop, there are many platforms available.
Every reseller has a different approach when it comes to sourcing and selling clothing and other fashion items.
Some resellers will only buy specific brands, such as Karen Millen, Zara, Topshop, etc.
Other resellers will pay attention to the fabric, such as linen or cashmere, and look for the quality.
Others will keep up to date on the latest fashion trends and buy items based on the current trends. Personally, I think this requires a lot more research, unless you are already keeping up with the latest trends and in the know.
Pros of selling clothing as a reseller: Items are quick and easy to package.
Cons of selling clothing as a reseller: The returns rates for clothing is quite high. Size labels aren’t always accurate and this shows in terms of returns rates.
If you are someone who is into games consoles, I’m sure you can relate to those still trying to get their hands on the latest Playstation and then resorting to paying over the RRP on eBay to secure themselves a console. Some consoles on eBay have been selling for more than double their original cost to desperate buyers. While lucrative, this may not sit well with you morally – purposely buying something in demand to sell it off for a much higher price.
If that’s the case, you could keep an eye out for older gaming consoles – a Nintendo Wii with a balance board could easily fetch you £80+ on eBay – and even more if you have popular games with it, like any Mario games.
Let’s not forget the real retro consoles, like Megadrives. There are collectors out there willing to pay for vintage games, so they could fetch you a pretty penny.
Pros of selling gaming consoles as a reseller: You can make a lot of profit on gaming consoles.
Cons of selling gaming consoles as a reseller: Your initial investment could be quite high.
If you are a parent or spend any amount of time with children then you might have some insight into the crazy prices that children’s toys can go for. Popular brands to pick up include Lego and even Polly Pocket.
The great thing about buying toys to resell is that they are always available at charity shops and car boot sales, however you might have to trawl through a few places to find some in decent condition.
Pros of selling toys as a reseller: You get to relive your childhood.
Cons of selling toys as a reseller: Keeping up to date with the latest trends can be difficult, unless you have kids.
These are just some of the best things to buy and sell for profit UK as an eBay reseller. If you’re looking to do this full time, eBay isn’t the only platform you can utilise. There are many websites and apps to chose from, and you can read more about Online Arbitrage; how to make money on Amazon FBA, here. Combining the two main platforms could turn out to be very profitable.
What have you had success with selling on eBay?