2022 Side Hustles - Arbitrage

Have you ever noticed some nice products while shopping in either the clearance section or at places like Goodwill? Would you believe that by finding decent items in these types of places gives you a great opportunity to make some money? Well it does and I'm going to tell you how.

My wife loves shopping at thrift stores and recently she came up with the idea to start reselling what she finds online. There are many ways you can go about doing this like selling on Ebay, Facebook Marketplace, your own website, etc. My wife chose to go with setting up a facebook page and inviting everyone on her friends list to join. Within a few hours she had around 100 members and already had a few things sold.

You don't have to start by creating a facebook page though. This is a well established side hustle by this point with most people leaning towards selling the items on ebay. Selling them on ebay outs your products in front of a broader audience that may be willing to pay more for your items. From my experience, if you are looking to get into reselling items then start on ebay. You will be able to make the most right off the bat and with the right keywords in your product listings you won't have to do any marketing. Just post your items and let the money roll in.

(This is how her posts look on her Facebook Page. She puts a screenshot of the same item from Ebay beside it to show the price difference.)

Theoretically you could be buying items from a thrift store for cents on the dollar. This allows you to have a very large profit margin. Which means if you bought $100 worth of items from a thrift store you should have no problem selling them and making around $400 to $500. In my opinion it's a no-brainer. Of course you have the risk of not selling any items, but I'm a firm believer that anything can sell with the right marketing behind it.

With that being said, you may be wondering why my wife decided to start this with a Facebook page and not on her Ebay account. She knows who she is selling to on Facebook, and she knows how to sell to them since most of them are her friends. This gives her an advantage as well as it helps us with a future side hustle for her. Besides this Facebook page allowing her to sell the random items she buys it will also give her a pre-established audience for her blog and webstore that she will be publishing soon. You can find her facebook page at MomCom Market on Facebook