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FLEA
MARKET ARTICLES INDEX
COLORADO FLEA
MARKET DIRECTORY
How to
Make Money at Flea Markets and Swap Meets
Flea markets, or swap meets as they are also
known, is the mother of all garage sales. For any of you that haven't yet
been initiated, they are nothing less than part discount store and part
carnival.
Whether economic times are good or bad, flea
markets remain the best place to buy almost anything for yourself or your
home at affordable prices. That's why at the first sign of sun up on a
Sunday morning the giant drive in theatre parking lot in El Cajon,
California; the Orange County Marketplace in Costa Mesa, CA, or the Annex
Antiques Fair and Flea Market in Manhattan come by the hundreds carrying
flashlights before vendors have even finished setting out their merchandise.
Experienced shoppers theorize that by 9 a.m.
the truly valuable items will already be gone. But still the carnival-like
atmosphere keeps the crowds coming, and going, and coming. Buyers are poking
among everything - records, chrome wheels, music cassettes, antique
furniture, tools, car seats, saddles, World War I gas masks, porcelain
dolls, fishing lures, doll furniture, T-shirts, stereos, polished rocks,
quilts, sunglasses, and just when you think you've seen it all, a clown
starts selling balloons!
AS A VENDOR YOU CAN MAKE INCREDIBLE PROFITS IN
A SHORT TIME!
It has been estimated there are over 20,000
flea markets operating each weekend across America, totaling more than $5
billion dollars in sales.
Among the thousands of flea markets, the Rose
Bowl market at Pasadena, California really stands out. That's probably
because there are 3,000 dealers and, by mid-afternoon, over 50,000 shoppers,
all of whom are there to find a treasure and the ultimate bargain.
The Rose Bowl market is an intimidating seven
acres, and you would be amazed at what people buy. There are watches,
antique fountain pens, pressed glass. Oriental rugs, Indian pottery, art,
and weapons.. authentic dinosaur bones setting alongside old rusty metal doo-dads.
No one, including the vendor, knows what the doo-dad is, but someone pays
$25 for it anyway. From the buyer's point of view, he came looking for a
genuine treasure, and this may be it! It seems incredible, but it seems
people will buy anything!
DECIDING WHAT ITEMS YOU SHOULD SELL
Aside from the size crowd you can expect, flea
markets, swap meets, and garage sales have something in common. Garage sale
type items account for a part of the merchandise being sold at a swap meet,
but homemade crafts and new merchandise are also widely available.
Many vendors purchase new products at below
wholesale prices, and make huge profits. Those who have gone through the
initiation process report earnings of up to $5,000 per weekend and more. The
key to successful flea market sales is to display attractive, interesting,
impulse-buying merchandise at attractive prices. And mixing second-hand
pieces with new or more common items that sell well, can be quite a
challenge. But once you get a feel for what people expect, and fill that
niche in the market, you'll be on your way to making more money in a single
day than you ever thought possible.
HOW TO ATTRACT THOUSANDS OF BUYERS TO YOUR
SPACE
There are hundreds, or in the case of the
larger meets, even thousands of vendors who set up to sell their merchandise
at flea markets. If you want to get the attention, and keep it, of everyone
from those who showed up with flashlights to those entire families who came
dressed up from church to browse, you must somehow stand out from the
others.
Strategy is everything. For example,
experienced shoppers usually make a reconnaissance tour along the outside
circle of a flea market, knowing that the less experienced dealers are
there. Then they slowly work their way inward to the more heavily trafficked
middle section.
It also helps to know a little about the
"history" of items that are antique, collectibles, or can otherwise become a
conversation piece. If an item has a history, it's automatically worth more
money.
Don't be afraid to talk to people who stop at
your space to browse. From a shopper's point of view, one of the great
delights of flea markets is the conversation. People are attracted to
dealers who are storytellers, loaded with fascinating information about the
items they have for sale. And be a conspirator. If your customer has gotten
a great bargain, let them know.
Setting up a canopy will not only give your
space a professional store-like appearance, it will also give you protection
from the hot sun or rain. After setting up your tables, arrange your wares
and display merchandise in an organized manner. Remember, a junked-up messy
area can take away from the value of some items. It can also cause people to
start tripping all over the place.
If you set up signs make certain they are neat
and easy to read. Be creative in your approach to getting people's attention
and interest. Balloons tied to your tables, canopy, etc., is a attraction
that gets attention, for example.
Don't be embarrassed to bargain. In fact, you'd
best be prepared to haggle, because everyone expects it. It's part of the
flea market tradition.
If you have any interesting stories or tips
about shopping at flea markets or setting up a table at a flea market please e-mail us at
CBHcontact@gmail.com. |
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