Thrift Haul: Week of 10/7/2024
This week’s thrift haul was an exciting one! As I shared in my video, I found five items I’m eager to list in my store. Each time I step into a thrift store, I try not to expect to see incredible, one-of-a-kind items. Thrifting can be a bit unpredictable, and that’s part of the fun. You might strike gold or leave with a few basic items—but as long as there’s potential for profit, it’s always worth the trip.
What I Found
During this haul, I participated in a “fill-a-bag” sale, one of my favorite thrift events. For just $1.00 per item, I managed to find some great things. As always, my goal is to make at least a $10 profit on each item I source. This ensures that even when I pick up basics or less exciting pieces, they still bring value to my shop.
One thing I can’t seem to stop grabbing (even though I hate listing them) is jeans! I’m not sure why I keep putting myself through the process because listing jeans just isn’t my favorite thing. But as long as people are buying them, I’ll keep sourcing them. Denim is a consistent seller, and the profit potential often outweighs my reluctance to list them.
The Reality of Thrifting
For those who are new to the thrift reselling game, it’s important to remember that not every trip is going to result in amazing finds. Some days, you’ll leave with only a couple of items that are just “okay.” But that’s normal. It’s all part of the business. The key is to keep your eyes open for items you know can turn a decent profit, regardless of whether they’re exciting to list.
I like to keep a wide variety of items in my store because it draws in a diverse range of customers. From clothing to accessories, the more options, the better. My strategy is simple: if I can make $10 or more on an item, it’s going into my cart. This allows me to maintain profitability while keeping a steady inventory flow in the shop.
A Key Tip: Check Sold Comps
Another tip is to always check sold comps before you make a purchase. This is something I’ve learned the hard way! You don’t want to get home only to realize that the item you were excited about isn’t selling, or worse, that you can’t make a profit on it. I’ve done this plenty of times in the past, and it’s so frustrating. So, learn from my mistakes—take a few extra minutes in the store to look up the item’s recent sales on eBay or Poshmark. It can save you from disappointment and lost time in the long run.
Lessons Learned
If I could give one piece of advice to anyone new to thrifting for reselling, it’s this: don’t get discouraged. It’s easy to feel frustrated if you’re not finding designer pieces or “home run” items every time you shop. But even small wins add up. Many bread-and-butter items might not seem exciting but are reliable sellers and those $10-$15 profits add up fast.
I also remind myself that while jeans might be my least favorite thing to list, they’re a staple in most people’s wardrobes. As long as the demand is there, I’ll keep sourcing them.
What’s Next?
As I get these items listed, I’m already looking forward to my next haul. I can’t wait to see what the thrift store holds next week. For now, I’ll keep pushing through my jean-listing struggles and enjoy the thrill of the hunt. Stay tuned for my next video where I’ll share more about what’s moving in my store and how this week’s haul performed.
Happy thrifting!
If you’re new to thrifting and want to make some extra income make sure you read “Turning Thrifting into Profit: Easy Extra Income for Your Family”