3.10.2009

Lesson #1: How to be a Smart Vendor

If you have something kept in your back room or under the basement, maybe joining a flea market could be a way for you to resell some of your stocks to potential buyers. Flea market are popular shopping spots for bargain-hunters to look for great buys, unusual products and antiques. If you'd like to give it a try, you need very little capital to get started. Here's how:-

1. Browse through a list of flea markets from lifestyle magazines (for example, KLue and KL Lifestyle). Or, visit flea markets around your neighbourhood and ask questions to existing traders.

2. Contact the flea market organiser. Most of these flea markets are generic, which means they allow traders to sell any kinds of products from food to fashion to beadworks. Meanwhile, bazaars like the Joujou & Shugi Toy Art Mart, which has a permanent spot at The Weld Shopping Centre, makes itself known as the collectibles and toys haven. If you're looking toward flea market as a means to expand your hobby or small craft business, this may be the place to get started.

3. Decide on the date to join the flea market and how often your stall will be open. Flea market activities are normally held on Fridays or Saturdays or throughout the weekend. Pick the one that suits your time, location and interest.

4. Set your mind on what to sell. Pack your bankable products or 'unwanted' stuff for sale at the flea market. Popular choice in flea markets are beadworks, handmade products, fashion accessories, toys, shawls, earrings, etc.

5. Enquire about the price for the booth rental in the flea market.

6. Start a blog. Write about your venture and the things about which you're going to sell in the flea market. Call your friends and peers to visit you on the day of the flea market.

7. Prepare a business card. Business cards are great hand-outs. Interested buyers will know how to contact you the next time they want to get back in business with you.

--
avi @ J+S


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