Rainy days are perfect for catching up! Since soccer is cancelled due to the weather and my hubby is off to a golf tournament (in this weather!) I am using today to catch up on Amazon work, clean out the kids rooms, bake a cake, and then finally just relax over some homemade pizza and a movie with the kids later.
But, first …. here is the haul from yesterday that I had to delay due to computer issues!
I had a good day and hit three Goodwill’s and the Menonite Thrift Store. Lots of goodies!
Here are the best:
The Macy’s Horton plush – paid $2.97 and listed for $35.
The Boo I Love You Ziggy – paid $50 cents and listed for $35.
The Bugs Bunny Plush – paid 1 and listed for $39.99.
The Baby Bop plush – paid $1 and listed for $20.
The large talking Barney – paid $1 and listed for $55.
The Daisy Duck Plushh – paid $2.97 and listed for $19.99.
The Pepsi Bear in collectors case – paid $1.97 and listed for $35.
The Duck Dynasty Mallard Santa Hat – paid $1.97 and listed for $35.
The Good Luck Care Bear (vintage – from 1983) – paid $1.97 and listed for $35.
The BJ plush (from Barney) – paid $1 and listed for $35.
The train conductor Elmo – paid $.75 cents and listed for $45.
The Minnie Mouse Majorette plush (vintage and in mint condition) – paid $1 and listed for $55.
I also picked up a bag of mint condition, brand new with tags plush for $2.97. All of them were popular characters so this was a really good find. Once they sell the net profit on this bag alone will be $79.07.
There was only one dud and that was the Hallmark Ornament. For some reason I swore it said Hummel on it and thereby was worth picking up for $1.97. I must need my eyes checked because nowhere does it say Hummel and I could not find this particular ornament on Amazon so I tossed it.
The bottom line:
Total items listed: 25
Total Buy Cost: $30.75
Total Sales Value: $668.03
Total Net Profit: $462.01
I spent a lot longer on this than I should have because of my computer yesterday. Shopping took about 2 hours and then another 2 1/2 hours listing (between yesterday and today) giving me a potential hourly rate of $102.60.
I do the hourly rate breakdown not to brag but to show you how thrifting is really worth your time and effort. If you are looking for a flexible (and MUCH more profitable) alternative to a “regular” job this is definitely something to look into. I know when I was first starting out seeing other people really doing this inspired me to get started myself and really work to make something of it . Like with anything else you get out of it what you put into it but once you get some time under your belt to know what you are looking for (so you can get in and out of stores faster and make less buying mistakes) and to become familiar with the listing process (so that you can get the items listed for sale and out of your house quicker) you can really make good money doing this. It won’t happen overnight, it will take some work and a bit of a learning curve, but it will happen….and probably faster than you expect!
My goal is to always make at least $100 an hour for my effort thrifting. While I don’t thrift year round, because it’s not as easy when the kids are home, I use this time of year while they are in school to pump up my inventory as much as I can. Once fourth quarter really gets rolling these longer tail items start to fly out the door and I want to cash in as much as possible. This year with my son in half day Kindergarten I don’t have as much time but starting next year all of my kids will be in school all day and I will be able to bring in even more money than I have been. And while the kids are home for the summer I spend that time pumping up the wholesale part of my business and working on other projects that I can do from home. It all balances out and over time has grown big enough to allow me to replace my full time underwriting salary with very part time work. I am very excited to see what happens once I have even more time to work this business in another year. And what’s more this is a whole lot of fun so really I couldn’t ask for more!
Have a wonderful weekend and I will be back Monday with more!