22 Reselling Business Ideas You Can Start in 2024 (Quick Money)
Are you looking to start a reselling business but not sure what to start?
The good news is there are so many reselling business ideas you can start and earn a decent profit margin.
If you're looking to start your own reselling business idea, there are several low-investment options you can choose from.
We put together a list of the most profitable resell business ideas you can start today!
Here they are:
1. Start a LEGO reselling business
Lego is a plastic toy manufacturing business that only produces and sells limited sets over a short period.
Since the company produces limited sets over a certain period, starting a LEGO reselling business can be lucrative. You might buy the toys at a reduced price and resell them at a huge profit margin.
To Start a LEGO reselling business, identify a niche from the several LEGO themes, and prepare a plan for storing the sets, so they remain in pristine condition.
How much you can make: $1,661/month
How much does it cost to start: $2,500 (?)
A high school student turned his love for LEGO into a $1.6k/month business, Summerfield's Toys, by reselling sets online through eBay, BrickLink, and Facebook Marketplace, in addition to buying and reselling brand new sets.
2. Start a sneaker reseller business
Sneaker reselling is a pretty great way to make money.
As a sneaker reselling business, you can purchase shoes directly from retailers or manufacturers and resell them to consumers at a profit.
The secret to a successful sneaker reselling business is to buy low and sell higher. You can start an online sneaker reselling business or sell the sneakers locally.
To maximize the profit margins, it might be worth holding out the best sneaker brands until the demand is high. Sometimes, the best deal on sneakers is when they have sold out.
How much you can make: $1,000 — $140,000/month
How long does it take to build: 213 days (?)
This case study follows founder Chris Casseday's journey in creating 513 Kicks, an online sneaker shop that went from sporadic income to an average profit of $2,000 per month within two years through strategic branding, SEO, social media, and email marketing.
3. Start a boutique
You may consider opening a boutique if you are passionate about the fashion and textile industry.
A boutique is a shop that sells clothes. Opening a boutique is a dream for entrepreneurs who want to experience the joy and freedom of owning a cash business. Starting a boutique is easy and can be managed by a single individual. In addition, a boutique requires a comparatively smaller capital to start.
To succeed, the boutique owner must coming creativity and passion.
How much you can make: $10,000 — $25,000/month
How much does it cost to start: $100 (?)
Boutique Rye is an online-only women's clothing and accessories boutique that has grown to 3,200 Facebook Group members and a successful website through organic customer sharing, live sales, and open communication with customers.
4. Start a subscription box business
Subscription box businesses offer customers a niche set of products on a monthly basis.
They're in high demand as they add value to customer service, offer exclusive products and can be highly profitable.
To start a subscription box business, understand your niche market, provide quality products, perfect your box design, build a good relationship with fulfillment companies, and market your service.
How much you can make: $400 — $400,000/month
How much does it cost to start: $210 (?)
How long does it take to build: 180 days (?)
Vowed Box Co. is a line of curated, quirky gift boxes with non-traditional brides in mind, offering four different products that have helped the business become profitable most months since its launch in 2018, with a monthly income of roughly $600.
5. Start a brokerage business
A brokerage business is a middleman who connects buyers and sellers to complete a transaction for stock shares, bonds, options, and other financial instruments.
Brokers earn a commission or a one-off fee charged when the transaction has been completed.
To start a brokerage business, find a suitable niche and research the market. Depending on the niche, you might have to apply for the broker’s license.
Besides, some states require a professional qualification to allow one to start a brokerage company.
How much you can make: $4,000/month
How much does it cost to start: $5,000 (?)
Camelbacktrading founder Paul Asmar has found success in the volatile trading business by offering affordable and personalized education and training to traders of all ages, and has grown his voice channel trading room from 0 to 130 traders in just three months.
6. Start an import-export brokerage business
An import-export broker facilitates the trade of goods and commodities between foreign companies. Essentially, they buy goods internationally and ship them in for domestic purchases.
International trade has become a hot industry in the current day and age. As a result, how to import and export is a popular inquiry among traders. Therefore, starting an import-export business could be a profitable venture.
To start an import-export business, decide the type of business you want to focus on, identify the target customers, register, and start marketing your business.
7. Start an antique furniture refurbishing business
Antique furniture is a collectible interior furnishing that adds a timeless quality to a space. Antique furniture features attractive designs that looked good 50 or 100 years ago and remains attractive today.
How much you can make: $2,000/month
How much does it cost to start: $1,000 (?)
How long does it take to build: 30 days (?)
A DIY and renovations blog called Grandma's House DIY, founded by Tarah Wolff, is bringing in around $2,000 a month, and has grown to average 40k monthly sessions with around 70k monthly page views, through consistent posting and promotion on niche websites.
8. Start a vintage reselling business
Designer vintage collection rises in value as it ages, making it a profitable business.
To start the vintage reselling business, research the market to find highly valued items. Then, analyze the target audience to determine what qualities they are likely to look out for when buying vintage products.
To start the business, you can source vintage products from craigslist and eBay.
Provided you can source quality products and target an audience with a bigger budget, you can earn good profits from a vintage reselling business.
9. Start a ticket reselling business
Ticket reselling is a brokering business where you purchase event tickets in bulk and resell them at a higher price. Ticket reselling allows you to make more money within less time, so long as you target the busiest times and market well.
To become a professional ticket reseller, join a ticket broker association and choose a specialty niche. Obtain necessary business licensure, build a professional website, and market your ticket broker business.
10. Become a domain reseller
A domain reseller is an act of buying domain names from an accredited domain registrar to sell to customers as a service.
Thus, a domain reseller is a middleman between the registrar and the domain name customer. To become a domain reseller, learn the basics of domain reselling and choose the best domain reseller program based on your business objective.
How much you can make: $1,300 — $150,000/month
How long does it take to build: 353 days (?)
Thexyz is a self-funded email hosting service generating over $100k of recurring revenue each month, offering uncomplicated privacy and fantastic customer service, and expanding through international sales.
11. Start an amazon reseller business
An Amazon reseller sources products at wholesale prices and sells them on Amazon. To start an Amazon reseller business, choose a low-competition product. Low competition products offer a great way to establish your brand as a leader in particular product categories.
To grow your business, ensure high-profit margin products, as selling only the low-profit margin products can curtail your business growth.
How much you can make: $60,000/month
How long does it take to build: 90 days (?)
Craig, a former construction worker, left his day job to start an eCommerce business selling kitchen tools and utensils on Amazon in the US that generated $19,233 in their first month and by month 6 was turning over $33,000+; he has since scaled the business to multiple 6 figures and is now dedicating his time to helping others create more time and financial freedom in their lives by starting their own businesses.
12. Start an ecommerce reselling business
An eCommerce reseller purchases services or goods for resale rather than consumption. Becoming an eCommerce reseller is a great way to launch an online business without worrying about production costs.
To start an eCommerce reseller business, you do not need a website immediately! You can focus on a social media-based reseller business and create a website later as your business grows.
How much you can make: $4,000 — $150,000/month
How much does it cost to start: $2,999 (?)
How long does it take to build: 75 days (?)
Empyre Off-Road, an e-commerce business founded by Greg Shuey which sells aftermarket parts for Toyota Tacomas, Tundras, and 4Runners, generated approximately $100,000 a month in revenue and was able to expand its product offering, focusing on content marketing, email marketing campaigns, and organic social media to attract and retain customers.
13. Start a clothing reselling business
Clothes reselling is a proven money-making business where you purchase clothes at wholesale price and resell them at a retail price. A clothes reseller makes anywhere between 20% and 50% profit on the clothes they resell.
An advantage of starting clothes reselling business is you can focus on vintage, children's, men’s, or women’s clothing.
14. Start a dropshipping reseller
Drop shipping is a retail fulfilment method in which the retailer does not keep goods in stock but instead transfers customer orders and shipment details to either the manufacturer, another retailer, or a wholesaler, who then ships the goods directly to the customer.
Drop shipping doesn't require much investment and it has a low risk because it doesn't require upfront costs. Besides, dropshipping can be a profitable business model for merchants since they do not pay for shipping or cost of product manufacturing.
To start the business follow these steps:
- Choose a niche
- Perform competition research
- Find a reputable manufacturer/supplier
- Build an online store
- Market your store
- Analyze and improve your offering
If you do not want to create a dropshipping business from scratch, you can find a dropshipping business for sale on exchange marketplace.
How much you can make: $6,000 — $150,000/month
How much does it cost to start: $1,000 (?)
Entrepreneur Kamil Sattar has developed multiple six-figure drop shipping businesses, and his company, e-commerce mentoring, specializes in helping others create their own successful companies, with favorite platforms including using Shopify and apps such as Loox reviews and SMSBump.
15. Start a refurbishing electronic products business
Electronics refurbishing business repairs damaged or malfunctioning equipment such as televisions, stereos, computers, phones, and gaming devices.
If you have the necessary electronics repair skills, you can start a computer or electronic repair business, where you repair and resell the electronic equipment.
Although electronics is a saturated marketplace, you can build a successful business with the right approach.
The target market for an electronics refurbishing business mostly includes the low and middle-level income population with lower spending power.
16. Estate seller
Estate sale companies, also known as estate liquidation or tag sale companies, offer a cost-effective way of selling the entire contents of loved ones' estate after their death or divorce.
The increased aging population is one of the factors boosting the demand for estate sale businesses. Moreover, more than 2.4 million divorces occur annually in the US, and each requires the services of an estate sale liquidator.
Therefore, starting an estate sale business is a viable business opportunity.
An estate sale business is a low startup venture and often simple to start. Besides, estate sale businesses feature a straightforward and scalable business model as you can choose when to work and where to work.
If you are interested in starting this kind of business, first study the market dynamics and decide if it is the right business. Then, come up with a business plan and a marketing plan so you can get your brand known to customers.
17. Start a jewelry reselling business
Jewelry reselling business is often an overlooked business idea. However, many want to dispose of their old jewelry, especially after a divorce or selling estate pieces.
If you are interested in a fashion business but unsure where to start, you may consider buying jewelry and reselling it for a profit.
To start the jewelry reselling business, target those looking to sell pre-owned jewelry and purchase at a lower price. You can start a jewelry sale website or sell to local customers from a brick & mortar establishment.
18. Start a designer clothing reselling business
Designer clothing is expensive luxury clothing considered high-quality for the general public.
A designer clothing reseller buys clothes from designers at a wholesale price and sells to the consumers at a retail price, with a high-profit margin.
More people are willing to spend money on designer clothes with increased consumer buying power. Therefore, if you are interested in starting a clothing-related business but not sure what to start, you may want to start a designer clothing resale business.
19. Start an ebay reseller business
The basic idea of eBay reselling is to buy a discounted product, sell it on eBay, and ship it out for a profit.
Buying and reselling on eBay can be a profitable business. You can pick something at a lower price during its off-peak selling season and resell it individually when its demand is high.
To start an eBay reselling business, you should register as a business seller.
How much you can make: $4,000/month
How long does it take to build: 1 days (?)
Reselling business that has grown into a full-time venture, generating around $4,000/month, by cross-listing products on multiple platforms, primarily focusing on fashion but also including hard goods and furniture, while also offering downsizing services and planning to launch a website about the work-from-home lifestyle.
20. Become an Alibaba reseller
Alibaba resellers buy products from a manufacturer or a supplier and sell them to retailers. To start, find a good product to sell on Alibaba. The things to consider when looking for products to buy and resell include:
- Is there a demand for the product?
- Can you source it cheap enough?
- Is there a healthy profit margin from the sale of that product?
Arguably, the most difficult step in finding a product to resell on Alibaba or any other online platform is the hardest step in starting the reselling business. Once you have found the most profitable niche, the next step is signing for your reseller account on alternative platforms like own Shopify, amazon, or eBay platform and uploading your listings.
21. Start an art reselling business
One of the most direct ways to make money is by reselling artwork. You can resell art you originally bought from a gallery through another gallery where the artist is represented.
Ideally, artists retain copyright to their art pieces, so it is illegal to sell, publicize and publish a copy of artwork unless the artist has given prior permission. Therefore, you cannot resell their piece to a gallery they are not represented.
22. Start a resell services business
A service reselling is a considerable way to make money without putting hours and resources into research and service development.
Many business owners, especially starters, prefer reselling services to potential customers at a profit.
Typically, such businesses will negotiate a price with the original service developer and resell it at a profit.
A good example of service reselling is when a business buys a white-label software, repackages it by adding its logo and business name, and reselling at a profit.
How long does it take to build: 365 days (?)
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Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
