6. Flip and Sell Thrifted Goods
- Estimated income: $50-$5,000+/month
- Requirements: business management and negotiation skills
If you’re looking for an affordable online business idea, sell secondhand goods online for a profit. Look for unused items of decent quality around your household or purchase pre-owned goods from secondhand marketplaces.
Then, determine their prices by looking up how much competitors sell their products. In some cases, repairing or recycling the item is necessary to increase its value. While it’s not a prerequisite, having basic handyman or crafting skills is beneficial in this industry.
For example, the fashion YouTuber bestdressed remodeled her thrifted outfits and sold them on the fashion marketplace Depop.
