How New Flea Markets Can Make You Money

A smart way to make money in the flea market business, is by renting a booth at a new flea market, since you will taking advantage of lower rental spot charges, and you will be avoiding the competition that exists at long time established swap meets.

Even if initially there are fewer customers, there will also be fewer vendors competing for those same flea market shoppers.

Sincerely,

Donny Lowy

718-389-5502

917-913-6093

Wholesale Products: closeoutexplosion.com

Wholesale Directory: wholesalequest.com

Wholesale Strategies, Tips, and Resources: wholesalecloseoutuniversity.com

276 Greenpoint Ave Brooklyn NY 11222

Open Monday to Thursday

9:00 AM to 6:00 PM

Friday 9:00 AM to 4:00 PM

Saturday Closed

Sunday

11:00 AM to 4:00 PM

Help Businesses Sell Their Overstock at Flea Markets

You can make money at flea markets by helping local businesses raise money by selling their overstock and surplus merchandise at flea markets. You can also unload their outdated equipment, excess office supplies, and promotional goods. This is an excellent way to make money since you can either buy their overstock products at a fraction of the original cost, or take the items on a consignment basis. Think of all the local businesses that would love to recover some of the money they spent on unused paper supplies, old computers and fax machines, and on unsold apparel and general merchandise.

Sincerely,

Donny Lowy

718-389-5502

917-913-6093

Wholesale Products: closeoutexplosion.com

Wholesale Directory: wholesalequest.com

Wholesale Strategies, Tips, and Resources: wholesalecloseoutuniversity.com

276 Greenpoint Ave Brooklyn NY 11222

Open Monday to Thursday

9:00 AM to 6:00 PM

Friday 9:00 AM to 4:00 PM

Saturday Closed

Sunday

11:00 AM to 4:00 PM

How to Promote Your Flea Market Business

You can promote your flea market business by posting free and low priced ads in local publications such as your daily newspaper or in small classified ad dailies, and in online classified sites.

For example, the Norristown Patch allows flea market vendors to post their merchandise up for sale through ads tailored specifically towards swap meet sellers.

If you want to receive free media exposure you can either sponsor a charity, local school, or hometown team. For instance, if you are a seller at the Englishtown Flea Market, you can sponsor the Manalapan High School football team. By sponsoring a team parents and students will buy at your booth, and you will receive media attention from local newspapers such as the Asburry Park Press and the New Jersey Star Ledger.

This approach can be effective for swap meets in larger cities such as Manhattan, and in smaller cities such as Newark.

Sincerely,

Donny Lowy

718-389-5502

917-913-6093

Wholesale Products: closeoutexplosion.com

Wholesale Directory: wholesalequest.com

Wholesale Strategies, Tips, and Resources: wholesalecloseoutuniversity.com

276 Greenpoint Ave Brooklyn NY 11222

Open Monday to Thursday

9:00 AM to 6:00 PM

Friday 9:00 AM to 4:00 PM

Saturday Closed

Sunday

11:00 AM to 4:00 PM

Flea Markets: Strategies For Making Money At Flea Markets

Flea markets are great places to make some extra money on the weekends, or to even make enough money to supplement a lost job.

As part of my wholesale business I once sold at flea markets, and now supply flea market vendors with wholesale products.

Based on my experience, and feedback from flea market vendors, I have come up with a list of strategies for making money at flea markets.

These strategies require you to apply them to the flea markets that you sell at. You might want to make modifications based on the shoppers at your flea market, and the products which you sell.

Strategy #1

Always have a large quantity of merchandise at your booth. People are attracted to quantity, so if you want customers to come to your booth, make sure your booth looks fully stocked up.

Strategy #2

Variety is the key for your flea market business. Your customers are looking for more than one item. The more products you offer them, the more that they can buy from you.

Strategy #3

Always price your items so that multiple purchases receive a discount. Your goal should be to sell out your merchandise at the end of the day. You can always reorder, so why not sell out?
As long as you make a profit on the sale, always encourage your customers to buy more by giving them a lower price.

Strategy #4

Set up your flea market merchandise so that your booth looks like a professional business. If you treat your booth like it's a real store, so will your customers.

Strategy #5

Have a flyer printed up with your business name, booth number, and merchandise offered. Enclose a flyer in each customer's bag, this way they will remember you and come back next week.

Flea Market Business Ideas

Flea markets are great retail marketplaces. Flea market vendors are in a marketplace where the customers have a made a predetermined decision to buy.

Unlike people in malls and people walking in the streets, flea market customers are more than just browsers. They are serious customers who have a trip to the flea market to buy products.

But just because flea market shoppers want to buy, does not mean that they will buy from you.

To make sure that they do buy from you, I have compiled some great flea market insider business ideas. Use these strategies and your flea market sales will go through the roof.

Flea Market Business Idea #1

Make your booth stand out. Flea market shoppers are surrounded by hundreds of flea market vendors. They start developing tunnel vision as they walk through the isles. You need to make your booth stand out so that shoppers will focus on your booth. One way is to use bright table cloths and a bright tent. Yellow and white are great colors since the sun will reflect on them and catch the attention of people.

Flea Market Business Idea #2

Flea market vendors need variety. Even if you have the world's lowest price on socks, your customers can only buy so many socks from you. If you want to increase your flea market sales you need to diversify your products. There is definitely a correlation between flea market sales and product variety.

Flea Market Business Idea #3

Professionalism is key. Just because you are selling at a flea market doesn't meant that you can drop your professionalism. Flea market shoppers want to be treated right. They will give their business to the most organized and polite flea market vendors. After all, who doesn't want to be treated well.

Wholesale Flea Market Products

As the popularity of flea markets grows so does the number of flea market vendors who attend them.

Many of these flea market vendors are turning what was once a nice way to make some extra income, into a full fledged full time business.

Flea market vendors are discovering that budget minded consumers are heading in droves to their local flea markets, sometimes driving close to an hour to get to one.

People are aware of the great deals available at the flea market and are starting to do a large portion of their shopping there.

Flea market vendors who want to profit from this growing trend need to stock up on wholesale flea market products.

One way for flea market vendors to find wholesale flea market products is by searching online for wholesalers.

The flea market vendor should start by dealing with wholesalers that do not have a minimum order. This way the flea market vendor can sample the quality of the wholesale flea market products.

Another reason to buy from a wholesaler without a minimum order is to that the flea market vendor can test out new items.

A flea market product which the vendor is unsure of could be easily tested out by ordering a few units.

If the flea market vendor decides to order a small sample of wholesale flea market products, he needs to realize that if the number of items he has is too small, customers will not stop at his booth.

The key to attracting customers to your flea market stall or booth is to have plenty of products for sale.

Customers like to frequent flea market vendors who can offer them a good quantity of items, a nice variety, and low prices.

Flea market vendors should also concentrate one on line of wholesale flea market products.

This focus will help the flea market vendor, since his customers will remember him for those types of products.

How To Find Real Wholesale Sources For Retail, Flea Market, And EBay Sales

The retail business is a very competitive business. Retailers, eBay sellers, and flea market vendors are all competing with each other and with large box stores like Wal Mart, K Mart, and Target.

Customers are highly educated and know what they should be paying for the items they need.

So in order for a retailer, flea market vendor, or eBay seller to succeed, they need to be able to compete based on price.

To have the lowest price they need to be able to buy from real wholesalers who can offer real wholesale prices.

So how does a reseller ascertain if a wholesale source is legitimate, and how does he find it in the first place?

One effective approach for finding wholesale deals is to visit wholesale specific search engines like wholesalequest.com

The retailer would then compile a list based on the type of merchandise he is looking to sell.

After compiling this list he would start researching prices by first visiting large box retail stores and seeing what their prices are.

For an eBay seller or a flea market vendor to compete, their prices must be at least 10% lower.

They should only deal with wholesalers who can supply them with wholesale prices which allow them to make money while pricing their merchandise under the large box retailers.

Before ordering from a wholesaler it would be recommended to conduct a search on Google to see what people are saying about the wholesaler.

If everything is positive, the wholesaler can be tested by placing a trial order. As long as you the wholesale merchandise is satisfactory the flea market vendor, or eBay seller, can then proceed and continue to do business with this wholesaler.

They can also search for wholesale suppliers by contacting industry associations. There are industry associations that represent every market segment that exists.

These associations are set up to bring more business to their members. They are waiting for businesses to contact them so that they can refer customers to their members.

Many of these industry groups have ready made directories that give you a complete listing of all their members.

These directories are a gold mine for wholesale businesses because they represent access to manufacturers, wholesalers, and distributors, who themselves have thousands of products for sale.

The top sellers in the retail, flea market, and eBay business even have staff who are constantly searching for new products to introduce to the stores, flea markets, and eBay sellers that they sell to.


Donny Lowy is the CEO of closeoutexplosion.com, a wholesale and closeout business that supplies dollar stores, flea market vendors, and eBay sellers with wholesale and closeout products.