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640: Get Paid to Sell Other People’s Stuff: Starting a Consignment Side Hustle

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Manage episode 450132535 series 1324446
Content provided by Nick Loper and Nick Loper of Side Hustle Nation | YAP Media. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Nick Loper and Nick Loper of Side Hustle Nation | YAP Media or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

How do you make extra money in a low-risk way? And one method I keep coming back to is the idea of starting a consignment business.

So you're selling other people's stuff and just taking a percentage. They get paid, you get paid, and you've got no upfront inventory risk like you'd have with a traditional physical product business.

Sarah McAffry of Statemint Consignment earned over $10,000 from her first consignment event and has continued to grow from there. She has been crushing it in this space for the last 10 years, and it has now expanded to 23 locations across the country.

Tune in to Episode 640 of the Side Hustle Show to learn:

  • How Sarah got her first 50 sellers to trust her with their inventory
  • Her marketing strategies to get buyers in the door
  • How you might start something similar in your own area

Full Show Notes: Get Paid to Sell Other People’s Stuff: Starting a Consignment Side Hustle

New to the Show? Get your personalized money-making playlist here!

Sponsors:

Found — Stop getting lost in countless finance apps and try Found for free!

Indeed — Start hiring NOW with a $75 sponsored job credit to upgrade your job post!

Mint Mobile — Cut your wireless bill to $15 a month!

Airbnb — Discover unique stays and unforgettable experiences – find your dream getaway today!

  continue reading

681 episodes

Artwork
iconShare
 
Manage episode 450132535 series 1324446
Content provided by Nick Loper and Nick Loper of Side Hustle Nation | YAP Media. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Nick Loper and Nick Loper of Side Hustle Nation | YAP Media or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

How do you make extra money in a low-risk way? And one method I keep coming back to is the idea of starting a consignment business.

So you're selling other people's stuff and just taking a percentage. They get paid, you get paid, and you've got no upfront inventory risk like you'd have with a traditional physical product business.

Sarah McAffry of Statemint Consignment earned over $10,000 from her first consignment event and has continued to grow from there. She has been crushing it in this space for the last 10 years, and it has now expanded to 23 locations across the country.

Tune in to Episode 640 of the Side Hustle Show to learn:

  • How Sarah got her first 50 sellers to trust her with their inventory
  • Her marketing strategies to get buyers in the door
  • How you might start something similar in your own area

Full Show Notes: Get Paid to Sell Other People’s Stuff: Starting a Consignment Side Hustle

New to the Show? Get your personalized money-making playlist here!

Sponsors:

Found — Stop getting lost in countless finance apps and try Found for free!

Indeed — Start hiring NOW with a $75 sponsored job credit to upgrade your job post!

Mint Mobile — Cut your wireless bill to $15 a month!

Airbnb — Discover unique stays and unforgettable experiences – find your dream getaway today!

  continue reading

681 episodes

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