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THE TWO HOTTEST "USED" PRODUCTS TO SELL.
An easy business to get into is selling used products. Many things, from
books to furniture, are commonly sold when used. However, there are two
products which are exploding into the "used" market.
These are Compact Disks and Video Game Cartridges.
Compact Disks (CDs) have almost totally replaced records and tapes as the
most popular way to listen to music. They have all the advantages: they
provide the highest quality sound, and won't wear out, like records and
tapes will. The only disadvantage is the price.
CDs retail for around $12 to $17, depending upon the local competition. The fact that they won't wear out, though, makes them ideal for the used market. People frequently buy
CDs and either don't like them, or get tired of them. What you can do is
buy them for resale.
Advertise in a classified ad that you will buy CDs for $2 to $5. Pay the higher price for the more popular and newer CDs. Be sure the booklet insert that came with the CD is included, and the CD is relatively free of scratches. You can then easily resell them for $7 to $10.
Selling used CDs can be done by mail, or in a retail store. In my
city, there is a store that sells ONLY used CDs, and they are ALWAYS packed
full of buying customers. If they can do it, so can you!
Along the same lines, Video Game Cartridges are a goldmine. New games for
the Nintendo and Sega systems go for up to $70! Yet, people buy a game and
get tired of it, or figure it out. Offer them $5 to $20 for their old
games, depending upon the popularity of the games they want to sell. You
can then resell them for $10 to $35. Make sure the instruction booklet is
included with the cartridge.
Both CDs and Video Game Cartridges take up little room, and can easily
double your investment upon sale. Ideally, you should handle both, so you
can expand your potential markets.