Whether you need to pay off debts, save for a rainy day, or just want some extra spending money, there are ways to make $200 a day without working yourself to the bone.

From taking online surveys to flipping used items, you are sure to find creative ways to make money that fit your schedule.

Read on for 25 great side hustle ideas to make $200 a day.

Quick Picks

Before we get into how to make $200 a day, we want to tell you the best ways to earn money and save money every day:

Best Paying Side Hustle – Proofreading
Best Side Hustle App – Swagbucks
Best Investment App – Fundrise
Best Cash Back App – Upside
Best Scaleable Business – Flea Market Flipping

How To Make $200 A Day

An extra $200 a day would be a game-changer in achieving good personal finance and financial freedom.

It would mean being able to pay off debt, save for a rainy day, or enjoy a more comfortable lifestyle.

Here are some of the most popular ways how to make $200 a day and see quick cash in your bank account:

1. Blogging

There are many ways to make money online, and starting your own blog is one of the most straightforward to get passive income over time.

Creating helpful, informative content and partnering with brands through affiliate marketing makes it possible to earn extra cash blogging with just a few hours of work each week.

To get started, you’ll need to invest in some blogging resources. Bluehost and WPX Hosting are both excellent options for new bloggers, offering affordable hosting plans and easy-to-use tools.

To learn more, read our honest WPX Hosting review. 

2. Flea Market Flipping

Flea markets and garage sales are a great place to find hidden treasures that can be turned into decent money.

You simply research and look for underpriced items or items in need of repair at thrift stores.

After you’ve made your purchases, you price them higher online to sell for a profit.

Check out how this couple made money flea market flipping!

Want to learn more about flipping your finds from thrift stores and garage sales for high profits? Check out the free workshop from Flea Market Flipping!

3. Freelance Writing

Extra cash is always a plus, and freelance writing is a great way to make money. As a freelance writer, you have the potential to make a high income and make up to $200 or more daily.

The key is finding high-paying freelance writing gigs and delivering quality work that meets or exceeds your client’s expectations.

A great way to learn is to read the Freelance Write From Home eBook. This course will teach you everything you need to know about freelance writing, from how to find clients to how to negotiate pay rates.

By taking this course and following its advice, you can start making serious money online as a freelance writer.

4. Bookkeeping

You can make money online by becoming a bookkeeper. You can join sites like Fiverr and easily make $200 or more per day by bookkeeping.

Bookkeepers essentially handle financial documents, but not like an accountant. You’d look at monthly financial paperwork, create and record invoices, and more.

We recommend getting started with the free 3 classes from Bookkeeper Launch. With the Bookkeeper Launch course, you can learn everything you need to know to start your own bookkeeping business and make $200 a day.

5. Dog Walking & Pet Sitting

Looking for a way to make some extra money fast with a side hustle app?

Dog walking or pet sitting are great ways to get some exercise, fresh air, and spend time with furry friends. Plus, you can easily make $200 or more per day.

There are a few ways to get started. One is to join a pet-sitting platform like Rover. This is an excellent option if you want the flexibility to choose your hours and clients.

You can also reach out to local pet stores, vet clinics, and dog parks to promote your services to pet owners or list your services on Facebook Marketplace

6. Investing

Investing may seem like something that only wealthy people do, but it’s an excellent way for anyone to earn money. And with today’s technology, it’s easier than ever to start investing.

There are several ways to make money by investing:

One popular option is to use a DIY investing platform like Robinhood, which gives you free stock for opening an account.

Another option is to use a Robo-advisor, an automated investment advisor that manages your money. The most popular Robo-advisors are Betterment and Acorns.

You can easily make $200 or more daily with either option. Best of all, you can invest in the stock market with minimal effort and without tons of upfront funds.

7. Deliver Food

One of the best ways to make good money fast-delivering food is to sign up with food delivery services like DoorDash, Uber Eats, GrubHub, or Postmates.

You can typically make around $20 an hour and work as little or as much as you want.

Several apps allow you to deliver food from local restaurants. These usually pay a bit less, but they can be a great way to earn extra cash in your spare time.

If you want to make extra money, you could also start your own food delivery business. This will take some initial investment and effort, but it can be a great way to earn a good income.

8. Create Videos

Creating videos on a YouTube channel is one of the most popular ways to make money online. With creativity and hard work, YouTubers make money every day by creating videos people want to watch.

The key to success is creating engaging videos that offer value to the viewer. In addition, it is essential to promote the channel through social media and other channels.

Once a channel starts to grow, you earn money through affiliate networks and other methods.

Mastering YouTube is a course that will show you how to make more cash by creating videos. The course is easy to follow and provides everything you need to start immediately. 

9. Sell Printables Online

Why not try selling printables online if you’re looking for a creative and easy way to make extra money fast? Printables are digital files that customers can download and print.

They can be used for anything from wall art to party decorations, and there is a massive demand for them in printables shops.

What is great about selling printables is that anyone can create and sell printables, regardless of their design experience.

All you need is a computer and a printer, and you’re ready to start making money. Learn how to capitalize on seasonal printables trends with this free ebook by Gold City Ventures.

10. Virtual Assistant

Becoming a virtual assistant is a great way to make online money daily. Many businesses and entrepreneurs are willing to pay good money for someone to handle their day-to-day tasks.

A virtual assistant can do various tasks remotely and work from home, from managing social media accounts to handling customer service inquiries to providing administrative support.

One way to get started is to take the free workshop offered by $10K VA. This workshop will teach you the steps you need to know about becoming a virtual assistant.

11. Social Media Manager

Businesses have a significant presence on social media, and they’re always looking for someone to help them manage their accounts.

As a social media manager, you can easily make $200 or more daily by helping businesses with their social media.

Social media management is about creating and scheduling posts, engaging with followers, and monitoring the results. If you’re good at social media and have a few hours to spare daily, this can be a great way to make money.

You can use tools like Jasper to help you write creative and engaging social media posts.

It’s also one of the best SEO tools because you can tell it the keywords you want to target, and it will help you write posts that rank well in search engines.

12. Tutor Online

Anyone looking to make extra money with an online job should consider tutoring online.

You can work from home, set your own hours, and choose your rate. And best of all, you can help people learn! 

You can sign up today with BookNook and start making money every day as a tutor online.

For example, some platforms connect you with students in real-time, while others allow you to post pre-recorded video lessons.

Some platforms also offer features like group chat rooms and forums, which can be a great way to connect with other tutors and get advice and tips. 

13. Event Photography

Anyone with a passion for photography and an entrepreneurial spirit can make money through event photography.

Creating your own website and listing your services can attract customers from all over. And you can easily make $200 a day or more by charging a reasonable rate.

Of course, event photography requires more than just a good camera. To be successful, you need to be able to capture special moments and professionally deal with customers.

But if you have the skills and the drive, event photography can be a great way to make more money on your terms.

14. Stock Photography

Making more money is always a good thing. If you’re a photographer, you can use the internet and sell photography online.

And, you don’t even need to be a professional photographer to do it. With today’s technology, anyone can take great smartphone photos and sell them online.

There are many stock photography websites where you can upload photos and set prices.

Once your photos are for sale, you can start making money – anywhere from a few dollars to over $200 per photo.

To boost your earnings, it’s also a good idea to sell your photos through your website or blog. That way, you’ll keep 100% of the profits from each sale.

Just create a simple online gallery and promote it through social media or other online channels.

You can easily make money from your photography with an online business in just a matter of time.

15. Create Online Courses

Creating an online course is a great way to share your knowledge with the world and get paid for it. And the best part is, you can make as much money as you want!

If you charge $200 per course, you could make $200 a day! With online courses, you can make money while you sleep!

So, how do you create an online course? First, you need to develop an idea for a course people would be interested in taking. Once you have an idea, you can start creating your course.

You’ll need to choose a format, identify your target audience, and come up with a marketing plan. Then, you can start promoting your course and making money!

If you’re interested in sharing your knowledge with others, Six Figure Course Creator will teach you everything you need to know about creating and marketing courses online.

You’ll learn how to find your niche, develop your content, and build an audience of eager students.

So if you’ve ever wanted to become a course writer or are looking for a new way to make more money, Six Figure Course Creator is the perfect place to start.

16. Rent Out Your Spare Room

Do you have a spare room in your house that you’re not using? If so, you could be sitting on a gold mine of extra cash!

You can easily make an extra $200 per day by renting out your extra room, which is mostly passive income.

There are a few different ways to rent out your extra room. One option is to list it on Airbnb.

This is a popular platform for short-term rentals, and it can be a great way to meet people worldwide.

Another option is to list your space on Neighbor Storage. This website connects people needing storage space with those with extra space in their homes.

And because it’s storage space, there are no guests staying overnight for you to earn money.

So if you’ve got an extra room in your house, don’t let it go to waste! Put it to work and start making some more cash.

17. Make Deliveries

Did you know that you could make up to $200 daily by making deliveries? It’s true!

If you have a car, bike, or scooter, you can sign up with a delivery service like Instacart and earn money immediately.

Most delivery services pay by the hour, so you can easily earn $200 or more in a single day. And there’s no need to worry about finding customers – the delivery service will take care of that for you. 

The best part is that you can choose your hours and work as much or as little as you want. Consider making deliveries if you’re looking for a flexible job that can really pay off.

18. Babysit Or Nanny Kids

For many people, babysitting or being a nanny is a great way to earn extra money with a side job. And if you’re good at it, you can easily make $200 or more per day.

The key is to be reliable, patient, and good with kids. You also need to be able to keep them entertained while their parents are away.

If you can do all those things, you’ll be in high demand as a babysitter or nanny. And you can quickly charge $15-20 per hour, which quickly adds up to $200 or more per day.

19. Paid Research Studies

If you’re looking to supplement your income or earn some extra spending money, you might want to consider participating in paid research studies.

While the amount you earn varies depending on the study, making around $200 a day is not uncommon.

And best of all, some of these studies can be taken from the comfort of your own home.

There are a few different ways to find paid research studies. One is to search online for companies that conduct research.

Another is to sign up with a company that specializes in connecting people with research opportunities.

Either way, you must do your homework before signing up for anything. Ensure the company is reputable and you understand the study’s requirements.

20. Open A Shopify Store

Starting an online business is a great way to make money without investing much money upfront.

One of the most popular online business models is opening a Shopify store. Shopify is a platform that allows you to create an online store and sell products. 

You can start a Shopify store with just a few clicks, and there are no monthly fees or set-up costs. It’s easy to set up and make money on Shopify!

Shopify provides everything you need to get started, including templates, hosting, and payment processing.

Once your store opens, you can start promoting your products and making sales. 

21. Mystery Shopping

Do you love shopping? If so, earen money by being a mystery shopper may be the perfect gig for you!

Working as a mystery shopper is both fun and very simple. And the best part is that you can do it entirely on your schedule, and you don’t spend the day online.

So how does being a mystery shopper work? Companies will hire you to visit their stores and evaluate the customer service.

You’ll need to note things like the store’s cleanliness, the staff’s friendliness, and how long it took for you to be helped. Then, you’ll write up a report detailing your experience.

It’s a pretty simple gig, but it can pay off! Most mystery shopping assignments will pay around $10-$20, and some even offer bonuses for completing certain tasks.

So if you can do 2 or 3 assignments per day, that’s an extra $200 in your pocket!

22. Website Testing

Did you know that you can make money simply by testing websites?

It’s true – companies are always looking for ways to improve their online presence and are willing to pay people for their feedback.

All you need is a computer and an internet connection. Website testing is a growing industry; companies always look for new testers to try out their websites and give feedback.

The great thing about this work is that it can be done anywhere worldwide, and you can set your hours and make up to $200 a day online.

23. Transcriptionist

Working as a transcriptionist is a great way to earn some more money.

And if you’re looking to rake in extra cash, there’s no reason why you can’t make $200 a day transcribing audio files.

Of course, it takes some skill and experience to reach that level, but it is possible.

The key is to be fast and efficient with your work without sacrificing quality.

You can also do a few other things to maximize your earnings, such as taking on rush jobs or working during peak times. With a bit of effort, transcribing can be a very profitable way to make money.

Transcribe Anywhere offers a free mini-course that can help you decide if it’s the right career for you.

The workshop is free, and you don’t need any prior experience or training to participate.

24. Dropshipping

Dropshipping is a great way to make money online. By partnering with a dropship supplier, you can list products for sale on your website or online store without having to carry any inventory yourself.

When a customer orders a product from your site, the supplier will ship the product directly to the customer’s doorstep, and you’ll get a commission for the sale.

Best of all, you can start dropshipping with very little upfront investment – all you need is a domain name and hosting for your website.

25. Find Odd Jobs

Looking to make an extra $200 a day? It’s easier than you might think! There are all sorts of odd jobs that can quickly add up to big money. Here are just a few ideas to get you started:

Working a chat job
Getting paid to work out
Mowing lawns
Cleaning houses
Doing laundry for a busy family
Selling homemade crafts or baked goods

So don’t be discouraged if you’re short on cash. With a bit of creativity and hard work, you can easily make an extra $200 a day!

Find High-Paying Freelance Jobs

There are plenty of options if you’re looking for a high-paying freelance job. You can easily make decent money working from home using one of these freelance platforms.

Whether you’re just getting started as a freelancer or a seasoned freelancer, you’re sure to find work that fits your skills and experience well.

1. Steady

The Steady app makes it easy to find high-paying freelance jobs. Whether you’re a writer, designer, or developer, plenty of opportunities are available.

You can search for jobs by category, location, and skill level. And if you’re not sure what kind of job you want, you can browse the “featured” section for ideas.

And because you can set your hours, freelancing is a great way to improve your financial situation. 

Check out our Steady app review to learn about making more money with the Steady app.

2. Fiverr

Fiverr is an excellent resource for freelancers of all experience levels.

All sorts of jobs are available on Fiverr, from writing and editing to graphic design and social media marketing. No matter your skills, there’s bound to be something for you.

And because businesses of all sizes use Fiverr to find freelancers, there’s a good chance you’ll be able to find work that meets your skills and experience.

Best of all, you can set your rates on Fiverr to ensure you’re getting paid what you’re worth.

3. FlexJobs

FlexJobs is an excellent resource if you’re looking for high-paying freelance jobs. FlexJobs is an online job board specializing in flexible and remote work opportunities.

With FlexJobs, you can search for jobs by category, location, and job type. You can also set up email alerts to be notified when new jobs are posted.

In addition, FlexJobs offers a range of resources to help you with your job search, including resume writing tips and interview advice.

And best of all, FlexJobs is updated daily, so you can always be sure that you’re seeing the most current job openings.

Our FlexJobs review has more information on finding a great job with FlexJobs.

4. Upwork

Upwork is a freelancer marketplace that connects businesses with talented freelancers.

With Upwork, you can find jobs in various categories, including writing, web development, and customer service.

When you find a job you’re interested in, you can submit a proposal to the client. If your proposal is accepted, you’ll be able to start working on the project.

Upwork also offers a range of resources to help you with your job search, including tips on writing proposals and interviews.

5. Freelancer

If you’re looking for high-paying freelance jobs, Freelancer is the place to go. With thousands of jobs posted daily, there’s always something for everyone.

Because businesses worldwide use Freelancer to find freelancers, you can be sure that there’s a wide range of interesting and well-paid jobs available.

6. TaskRabbit

Do you have a knack for handy work? Or maybe you’re an expert at assembling IKEA furniture?

Whatever your skills may be, there’s a good chance you can find a high-paying freelance job on TaskRabbit.

TaskRabbit is a platform that connects businesses and individuals with skilled taskers who can help with everything from home repairs to office moving services.

With TaskRabbit, you can browse through thousands of different tasks, ranging from simple errands to complex project work.

And because TaskRabbit is a marketplace, you can set your rates and choose the projects you want to work on.

Whether you’re looking for a little extra more cash or a full-time income, TaskRabbit can help you find the right opportunity.

Other Ways To Make Money Everyday

There are many ways to make fast money daily, and not all require a job.

There are many ways to make extra money right from your home, including online surveys, cash back apps, and more.

Here are a few of the best options:

1. Online Survey Sites

Online surveys are an easy way to earn a few dollars with minimal effort in a few hours.

Several survey sites will pay you for your opinion on various topics, and the best part is that you can do it from the comfort of your own home.

Here are some of the best surveys you can take that will pay to your PayPal account or a gift card (and earn sign-up bonuses!):

Swagbucks Surveys ($10 sign-up bonus!)
InboxDollars ($5 sign-up bonus!)
MyPoints ($5 sign-up bonus!)
Survey Junkie
Opinion Outpost
Branded Surveys (100 points sign up bonus)
American Consumer Opinion

In most cases, you’ll be able to cash out your earnings and be paid instantly from online surveys, making it a great way to make some easy money in your spare time.

While you won’t get rich taking surveys, it’s a great way to earn extra cash and get free money quickly.

2. Get Free Money

You just have to look around and find free money!

You can earn bonus money from many gig apps. Most will give you a free sign-up bonus when you create a new account.

Other companies will give you a bonus when you refer a friend. And still, others will give you sign-up bonuses when you make a purchase.

3. High-Yield Savings Bank Account

Anyone looking for ways to get extra money should consider opening a high-yield savings account.

It’s easy to earn passive income by letting your money sit in a high-yield savings bank account, like Chime or CIT Bank.

The interest rate on these accounts is higher than on regular savings accounts, so your money will grow faster.

You can use the extra money earned from the account to cover expenses or reinvest it in other ventures.

By setting aside just a small amount of money each month, you can quickly build up a sizeable nest egg that can be used for anything you like – whether it’s a rainy day fund, a new car, or even your retirement.  

4. Use Cash Back Apps

There are plenty of ways to make more money, but one of the simplest is to use a cashback app. Cash back apps give you a percentage of your purchase price back in the form of cash rewards.

Some of our favorite cashback apps are:

Honey
Ibotta
Rakuten

Sometimes, you can even get cash rewards for shopping at specific stores or making certain purchases.

Using a cashback app, like Rakuten, is free and can help you save more money. You sign up for an account and then shop through the Rakuten account to save a percentage of your purchase.

Some apps like Capital One Shopping automatically helps you find incredible deals at jaw-dropping prices.

If you’re looking for a fast and easy way to earn extra cash, give a free app a try. With so many different apps to choose from, there’s sure to be one that suits your needs.

And who knows, you might earn extra money- more than you ever thought possible!

Key Takeaways

Good personal finance and the path to financial freedom start with making money, and there are many ways to make more.

The possibilities are endless, from affiliate marketing on a blog to being a freelance writer to walking dogs to working gig economy jobs!

The best way to start making $200 a day is to start working on building multiple income streams.

Once you have a few income streams coming in, reaching your goal of $200 a day will be easier.

We hope our guide has inspired you to start making extra and building your financial future in just a few hours by using some easy ways to make $200 a day.

Have you ever watched a show like Storage Wars or American Pickers and wished you could make a living finding hidden treasures and reselling them for a profit?

Well, you’re not alone!

Many people wonder how to start a reselling business and profit from interesting finds from garage sales and thrift stores.

Reselling is a growing, profitable small business idea that allows you to turn a passion for finding unique items into a business venture.

With the rise of online marketplaces like eBay, Amazon, and Etsy, starting a reselling business is easy.

Let’s discuss how you can launch your reselling business and what reselling business ideas are out there.

Key Takeaways

Reselling involves buying products at a lower price and selling them at a higher price to make a profit or dropshipping products from suppliers.
It’s a simple yet effective way to earn money- if you can find profitable, in-demand items to sell.
I’ll talk about two main business models for reselling businesses: flipping and dropshipping.
Flipping means you buy stuff people want at a low cost and resell it tighter for a profit.
Reseller business ideas can be found in various niches and industries, from clothing and electronics to collectibles and rare items.
Dropshipping is a great reselling business where you don’t handle any inventory or buy any products upfront- a supplier handles it all, plus shipping!
Finding a niche and business model that aligns with your interests can guide your product selection and marketing efforts.

How To Start A Reselling Business

Starting a reselling business is a great way to turn your hobby or passion into a profitable venture.

With the rise of e-commerce, more and more people are choosing to shop online, making reselling a lucrative opportunity.

But where do you begin to start your own ecommerce business?

1. Decide What You’ll Resell

The first step when you’re thinking about starting your own online resale business or launching your ecommerce business as a reseller is to decide what you want to sell.

This is where reseller business ideas come into play for your ecommerce store.

Take a moment to consider products that pique your interest or where you have some expertise – whether it’s fashion, electronics, or household goods.

Research the market demand for these items and determine potential profit margins.

But here’s the golden nugget of advice: keep an eye out for those unique or hard-to-find products with the potential for high-profit margins.

Then, decide if you want to sell new products with dropshipping, flipped items for a profit, or a bit of both.

2. Pick Your Market & Know The Competition

Let’s talk about picking your market and checking out the competition in the world of reselling.

Once you know what products you want to sell, it’s time to scope out the top sellers and see how they run their sites and what products they keep in stock.

Their niche expertise can be a big help here to get your business up and running. Determine what makes them tick, what sets them apart, and why they’re successful.

But here’s where you can really shine – think about how you can stand out even more.

What can you bring to your reseller business that’s one-of-a-kind, super cool, and totally irresistible to your future customers?

3. Make Your Business Plan & Business Model

Once you’ve got a clear picture of your reseller business and the competition dos and don’ts, it’s time to roll up your sleeves and craft your roadmap for success.

This means making your business model and business plan to make sure you’re making money.

Your business model is the blueprint for how your own ecommerce business or online business will run and the engine that drives your venture forward.

The business plan spells out your cost and revenue streams, pricing strategy, and the tactics you’ll use to get the word out about your fantastic products.

It covers everything from where you’ll source your products to how you’ll market them and provide excellent customer service.

Your business plan and model will help you figure out how to make your reselling business survive and thrive for years to come, so don’t skip this step!

4. Source Products To Resell

Now that you’ve planned out your business and money, it’s time to get into action and source those amazing products for your reselling business.

Whether you choose the wholesale route for its cost-effectiveness and higher profit margins or dropshipping to cut startup costs, you’ve got options.

Building relationships with wholesalers and retailers is key to accessing quality products. Be mindful of minimum purchase quantities, which can affect your initial investment.

If you want to get into vintage or cool resales as a flipper, consider exploring trade shows and conferences to find unique items that align with your business vision.

And don’t forget about online marketplaces like eBay and Amazon, which are treasure troves for items to resell.

5. Join A Selling Site

Ready to kick your reseller business up a notch? It’s time to jump onto a selling site.

You’ve got some big players in the game, with sites like eBay connecting you with thousands of people per minute.

And hey, if you’re feeling adventurous, why not set up your own online store? Platforms like Shopify let you be the boss of your own slice of the internet.

But don’t forget about the other cool spots like Etsy, Poshmark, and Mercari. Each has its unique crowd and feel, kind of like picking the perfect spot for your virtual shop.

Before you dive in, do a little homework on their fees and what they need from sellers. You want to pick a platform that fits just right with what you’re selling.

6. List Products For Sale

It’s time to get those products listed and ready to roll for your reseller business. You’ll want to take dazzling photos of your items; clear, well-lit pics work best.

Then, it’s time for descriptions – be honest and detailed about what you’re selling. Buyers love to know what they’re getting, right?

And don’t forget the price – make it competitive, but also make sure you’re not shortchanging yourself so your reseller business still makes a profit.

My big tip- whether you’re flipping or dropshipping, taking videos with your products can give people a new perspective on them.

I think this is especially true for dropshipping; if you’re selling things like cleaning supplies, makeup, clothes, and more, it gives people a new look into what they’re buying.

7. Market Your Business

Time to spread the word about your fantastic reseller business!

Selling online, whether it’s reselling shoes, brand-new items, or vintage items, requires a bit of marketing magic.

Social media is your secret weapon – set up accounts for your resale business on platforms like Facebook, Instagram, or Pinterest.

Share those stunning product photos and interactive videos you’ve taken and engage with your audience.

But don’t stop there. Good old word of mouth is still a winner; networking is pure gold in reselling.

Tell your friends and family all about your venture, and encourage them to share the news with their own networks.

8. Land Sales

Landing sales in your reselling business is about strategy and understanding your market. To start, you need a solid plan for selling your products.

Set competitive prices that also ensure you make a decent profit. This might involve market research to see what similar items are selling for.

Remember to factor in any additional costs like shipping and taxes for flipping businesses that need to package and send everything to customers.

Consider extras and customer service options, like a customer loyalty program, discounts for medical and emergency personnel, etc., to give customers more value.

Finally, continuously evaluate and adjust your strategy. Track which items sell well and which don’t, and adjust your inventory, pricing, and listings accordingly.

9. Grow Your Business

As you gain experience in your new reseller business, consider expanding your product range or finding new sources for inventory to attract customers.

Building a loyal customer base takes time, so focus on delivering quality products and top-notch service.

You might want to explore marketing strategies like email newsletters or loyalty programs to keep your customers returning for more.

And remember, every big business started small, so stay patient and persistent – success will come with time and effort.

Keep learning, adapting, and watching your reselling business grow!

Flipping Vs. Dropshipping

Flipping and dropshipping are two of the most popular ways to make money in resale businesses.

But which one is more profitable? Which one requires less time and effort?

Here are the differences between the two business models and what goes into running your business:

Flippers

Flipping is a savvy way to make some extra cash if you like the thrill of shopping and finding cool stuff.

It’s all about snagging items for a steal and then selling them for a tidy profit.

You can do this with all sorts of things, whether finding treasures at garage sales, scouting deals online, or even picking up hidden gems at thrift stores.

But here’s the catch – it’s not always smooth sailing.

Sometimes, items you thought would fly off the shelves might take a while to sell. Plus, flipping can be time-consuming, especially if you must fix things before listing them.

That’s where courses like the Flea Market Flipper come in handy. They can provide you with the knowledge and strategies to up your flipping game.

They even offer a free workshop to give you the lowdown on what flipping is and what you need to start.

Dropshipping

Dropshipping is a profitable business model that is low risk. It allows you to start a reselling business and sell products online without ever having to hold inventory.

You use a supplier to handle inventory and shipping and simply list things for sale on your site and market your products with buyers.

The beauty of reselling is its versatility and low entry barrier. Forget about the need for fancy offices, storefronts, or a fleet of employees.

With just an internet connection, a dash of research, and some time, you can dive right into it. It’s more hands-off than flipping, and you can do it all from home.

Not sure how you cna get started? Check out this free workshop from Drop Ship Lifestyle about launching this style of resale business.

Reselling Business Ideas

Discovering the best reseller business ideas can lead to exciting opportunities.

Let’s explore some lucrative niches in the reselling world offering the best things to resell:

Electronics

Electronics are a fantastic choice for anyone diving into the reseller business – they’re always in demand and offer a real niche market opportunity.

Haven’t you seen people reselling their old phones and laptops online? Imagine the resale value of any electronics you get your hands on!

Whether selling refurbished gadgets like laptops and smartphones or offering brand-new, unboxed items from wholesalers, there’s a lot of potential for profit.

And once things get going, consider expanding your range to include accessories like earbuds, chargers, and cables.

Clothes & Sneakers

Clothes and sneakers offer a great opportunity for resellers, especially if you have an eye for fashion trends.

You can choose to sell brand-new items from clothing manufacturers or seek out vintage finds at yard sales and flea markets.

It’s crucial to select items your customers will love, considering their condition and resale value.

Vintage Finds

Venturing into the world of vintage finds is an exciting niche for those who love the past.

I’m talking jewelry, decor, cooking accessories, furniture, lights, and more. There’s a market for many types of vintage items, and you could profit from many of them!

You can source unique items from an estate sale company or estate sales directly, garage sales, thrift stores, consignment shops, or antique stores.

The key to success is understanding each item’s historical and cultural significance to describe and price them accurately.

Subscription Box

Subscription boxes are a fantastic approach for building a dedicated customer base in your reselling business.

Clothing, cooking tools, bedding, etc., could all become themed subscription boxes for customers.

The beauty of subscription box businesses lies in offering a unique, curated experience around various themes, whether it’s beauty, self-care, wellness, or food.

You can source items from wholesalers or incorporate multiple thrift store finds that go together.

Fine Arts Resale

This business model involves acquiring artworks from various sources such as auctions, estate sales, or directly from artists and selling them at a profit.

It’s a niche that requires a good understanding of art, its history, and the current market trends.

There are various types of art you can focus on, including paintings, sculptures, prints, and more. You can specialize in a particular style, period, or artist or offer a wide range of art pieces.

Starting a fine arts resale business requires some initial investment to acquire the artwork.

However, the potential returns can be quite high, especially if you manage to find a rare or highly sought-after piece.

Attending art shows, auctions, and galleries can help you network and find potential sources for your inventory.

Prices can fluctuate based on various factors, including the artist’s reputation, the overall economy, and current art trends, so stay informed to get good prices and resell artwork.

Best Sites For Resellers

Shopify

If you’re serious about reselling, you might want to consider setting up your own online store using the Shopify platform.

Shopify is a comprehensive e-commerce solution that allows you to create a professional-looking website, customize your products and pricing, and manage your inventory and shipping.

It can be a great option if you have a large inventory and want to build a loyal customer base.

Another advantage of Shopify is that it integrates with many payment providers so that you can accept payments from customers worldwide.

Shopify does charge a monthly subscription fee, but many resellers find that the benefits outweigh the cost.

eBay

eBay is a well-known online marketplace for buying and selling products, including used and new items.

It’s a popular site for flippers and all sorts of sellers online because of its large reach and versatility.

As a reseller on eBay, you can benefit from a large customer base, an easy listing process, and various tools to help manage your online store.

However, eBay also charges seller fees, which can impact your profit margins, and you may face competition from other sellers on the platform.

Despite these challenges, eBay remains a popular choice for resellers looking to reach a wide audience and sell diverse products.

Facebook Marketplace

If you’re looking for a more local approach to reselling, Facebook Marketplace might be a better option.

Unlike eBay, a global platform, Facebook’s Marketplace focuses on connecting buyers and sellers within their communities. This can be useful if you’re selling items that are difficult or expensive to ship.

Another advantage is it’s completely free to use – no listing fees or commissions.

To start, create a Facebook profile and navigate to the Marketplace tab.

You can then list your items for sale, set prices, and communicate with potential buyers through Facebook Messenger.

FAQs

What is a reseller?

A reseller is someone who buys products from suppliers with the goal of selling them to customers for a profit.

They might source their goods from various places, such as liquidation sales, auctions, or wholesale distributors.

Resellers have the flexibility to operate in different ways. Some choose to sell through online shops on e-commerce platforms like Amazon or eBay.

Others may run their own brick-and-mortar stores, aligning more with a traditional direct sales company model.

Additionally, resellers can also take on the role of a dropshipper, where they sell products without actually stocking them, having the supplier directly ship to the customer instead.

Is reselling illegal?

Reselling is totally legal, but let’s talk about keeping things on the up and up.

Plus, you need all the necessary documentation in place, like a business license, a sales tax permit, or other necessary permits for your e-commerce store.

If you’re running an online shop, remember to handle sales tax – then pay sales tax to the government.

Permits and licenses are your new best friends. Depending on your location, you might need a resale permit, a resale license, or maybe a standard business license.

And if you’re dealing with stuff like electronics, there might be a few more hoops to jump through to start a reselling business, so make sure to do your homework on local laws.

When you start selling online, collect sales tax to keep things above the bar for tax time.

Is becoming a reseller a profitable business?

Many people ask, “Is being a reseller profitable?”

Reselling can be profitable if you’re strategic about it. Some resellers have turned it into a full-time career and earned six-figure incomes.

However, like any business venture, there are always risks, and building up your customer base and reputation can take time and effort.

Where do resellers source their products?

Resellers can source products from various suppliers, including:

Wholesalers
Manufacturers
Local markets
Thrift stores
eBay and online marketplaces

Each sourcing method has advantages and disadvantages, so it’s important to carefully research and choose the best option for your reselling business.

What products are best for reselling?

When reselling, the golden rule is to focus on products that are high in demand but low in supply.

This creates a sweet spot where items are more likely to sell quickly and at a good price that gives you profits.

Some top performers in the reselling market include limited-edition sneakers, which are always sought after by collectors and fashion enthusiasts.

Electronics are another hot category, especially the latest gadgets or hard-to-find models. With their brand appeal and quality, designer goods also make great reselling items.

Lastly, vintage items are a hit, too, thanks to their uniqueness and nostalgic value. These products attract many buyers, making them solid choices for a successful reselling business.

How much profit should I aim for when reselling?

Setting the right profit target when diving into reselling is key to your success.

How much should you aim for? This is where having a good handle on your business structure comes into play.

Many resellers shoot for a profit margin somewhere between 40 to 50%. This isn’t set in stone – some might aim higher or lower based on their strategy and market conditions.

But remember, it’s not just about the selling price. To nail down your profit margin, you’ve got to factor in all the costs involved – think shipping, sales tax, maybe storage, and other expenses.

Final Thoughts

Starting and growing a reselling business can be a rewarding and profitable venture when approached with careful planning, research, and dedication.

Consider dropshipping as a low-cost business idea, or learn how to flip flea market finds to land resales.

Choosing the right products and sourcing methods and using effective marketing strategies can tap into the potential of your reselling business.

Whether you’re looking to resell electronics, clothing, vintage finds, or more, the opportunities are vast and waiting for you to explore.