Garage Sale Arbitrage: Finding products you can buy cheap and sell high
Huge and exciting day for me as I released episode 2 of my new series, Trash Talk!
Trash Talk is a new series where you can actually watch me go garage sailing, pick out items, negotiate with sellers, and find what the items are worth on eBay.
People always ask me why I go garage sailing on the weekends.
They ask me why — as a CEO who runs a $150 million company — I would hit up a yard sale to buy a $3 product to flip for $40 on eBay when I could be doing something else for “higher ROI.”
For me, the answer is pretty clear:
It’s about happiness.
I get a bigger high when I find a great product on eBay than when I close a multi-million dollar deal for VaynerMedia. That’s why I continue to do it.
Another reason I do it is to show people how practical it is to make an extra $100 — $1000 / week by re-listing garage sale items on eBay. For a lot of people, that’s a meaningful amount of money that could help them pay for rent or cover other expenses.
In this article, I’ll break down the highlights of Episode 2. I wanted to write a blog post alongside the release of episode 2 to go more in-depth on the tactics.
I’ll show you what I bought, what it’s selling for, and the entire process “behind-the-scenes” when it comes to actually listing these items on eBay and selling them — plus some more insights from my brother-in-law, team member, and garage sale partner Justin below