Getting out of your comfort zone can be a good thing

When you are buying items to sell either online or in your shop, getting a little out of your comfort zone can be a good thing.

What do I exactly mean by this?  This could be considering an item when you know absolutely nothing about it.  If it’s cheap enough, you could go ahead and buy it so that you can learn something and earn a little of a profit when you sell it.

It could be anything, really.  It could be a book, a piece of Fiesta pottery, a Fenton glassware piece or even an advertising piece.

When I started to sell items, I knew absolutely nothing about clothing (except for what I found at Walmart).  After a while, I had a decent working knowledge of what brand names are out on the market.  Not only that, I now offer a wide variety of clothing from earrings and necklaces to prom dresses and even designer shoes.

So keep an eye out—you may find something today that you can learn from!  What kinds of items have you run across like this?

Three things to consider when you sell items online

When I first started to sell online, there were three things that I found out very quickly.  Here is what I learned:

#1 The price of the item itself needs to be considered.  When I list an item to sell online, what I try to do is to make double on what I paid for the item.  This way I can have a little wiggle room if something happens like paying a little more than expected on something like shipping.

#2 You will be charged listing fees on items you put on selling sites.  On a site like Etsy, they charge a small fee to renew a listing after the item is on the website after a certain amount of time (there is also a fee when you are listing the item for the first time).  You need to watch it like a hawk—this can add up pretty fast and eat into your profits.  After one or two renewals, you need to think about adjusting the price or doing something like taking better pictures.

#3 Packing costs also need to be considered.  The packing costs will include tape, packing peanuts, and potentially the box itself (if you don’t get free boxes from places like the Post Office).  If you do not watch this area very closely, you can completely wipe out any profits if you are not careful.

What have you learned when you started to sell things online?