im knowledgeable about music instruments and accessories, is flipping stuff like this on fb marketplace and other p2p sale platforms a decent side hustle? might even patch them up and give the guitars restrings etc
>>62022816I feel the same about workout equipment and i feel like people give up a lot more on fitness + a bigger consumer base.
>>62022816depends on what market you're in. also musical instrument fags are a big circular economy of people who either want to low ball the shit out of you or trade their worthless junk for yours. good luck though. i flip aeron's for about $200 profit a chair.
>>62022816one guitar is enough
>>62022816Do you like talking to complete strangers who may be there to rob you?
>>62022816People who buy busted up instruments dont have money to buy busted up instruments. Its not a sustainable model. Unless you got a Mike soldano 100w head you wanna sell me.
Actually, you need at least 5 guitars minimum. Acoustic, Acoustic travel size, electric, 12 string electric, 12 string acoustic.
>>62022816>is flipping stuff like this on fb marketplace No.>and other p2p sale platformsYes.
Good morning sirI did this business accidentally for a while. Moved on to more profitable things.Takeaways:Yes, although it's quite capital intensive.The biggest downside is that guitars are in a long term downtrend because of boomers dying. tldr, if you can figure out future trends you can make significant cash. you can also specialize on some models and corner the regional marketfor example I cornered the regional market for certain niche semi hollows back in the days ie I bought every single one that popped and scalped them extraGibsons are the best guitars to do this business with , the problem is they crashed in value after the bankruptcy -- this was after my timefocus on a couple particular models. go for 25 to 30% margins. you need to get really good at hagglingalways find some random defect when buying, etc. the more expensive the guitar the better. don't go for rare brands. go for Gibsons / Fender / Gretsch. everything else Is a gamble. you have to know the models you are selling like the palm of your hand to have an advantagethe more expensive the guitar btw the less clowns bothering you the golden goose is imo Spanish guitars but that's a different beast and you need to know Spanish and go to Spain often
>>62022816Flipping online generally doesn't work. What these guys >>62023852>>62024465 is kind of correct in that most people looking for secondhand stuff online are broke. Also in general people don't value someone's time. They don't care that you spent hours upgrading it. Be prepared to get lowballed and ghosted constantly. The ones who are successful at this either have a significantly below market source (crime or friend in industry) or very good reputation/reviews. It's one of those things you should just do for fun and if it turns into a viable business good for you.
>>62023852lmao just read this I moved onto this right after the guitars and cornered every aeron in my area for a yeareventually got tired of people bitching about the busted cylinders
>>62027928>I bought every single one that popped and scalped them extraI considered doing this for jazz records. I'm deep into jazz, listen to some really obscure shit that I see only a handful of copies in existence selling for £500. I always thought that I could just buy them all and sell them for £600. The problem is that I'm so deep into jazz that I feel bad about doing this.
>>62022824>workout equipmentall your margin will get eaten by shipping costs, problem with weights is they are heavy...
>>62022816facebook is a kiked website that spies on you and will report your sales to the IRS aside from the fact it steals your biometric data and eavesdrops on you against your consent
