If you’re a reseller or someone who enjoys thrifting and flipping items for profit, you may have heard of the term “death pile.” But what exactly does it mean?
A death pile refers to a pile of inventory that a reseller has accumulated but has not yet listed for sale. These items often sit in bins, boxes, or piles, taking up space and gathering dust. They can be a source of stress and anxiety for resellers, as the pile continues to grow and the thought of listing and selling all those items can feel overwhelming.
So, why do resellers end up with a death pile in the first place? There are a few reasons that contribute to the existence of a death pile. Firstly, many resellers are constantly sourcing new inventory, whether it’s through thrifting, garage sales, or bulk buys. This can lead to an abundance of items waiting to be listed. Secondly, life can get in the way. Balancing a reselling business with other responsibilities can make it difficult to find the time to list every item in a timely manner. Lastly, some items may be more challenging to list due to their condition, size, or perceived value, leading them to be set aside for later.
The death pile is not necessarily a bad thing, as it can be a source of potential revenue. However, it’s important for resellers to tackle their death pile in a proactive manner to avoid feeling overwhelmed and to maximize their profits. Here are a few tips for tackling the death pile:
1. Prioritize: Sort through your death pile and prioritize items that are most likely to sell quickly and for a good profit. Focus on listing those items first.
2. Schedule time for listing: Set aside dedicated time each day or week to work on listing items from your death pile. Consistency is key to making progress.
3. Batch your work: Consider grouping similar items together to streamline the listing process. Take photos, write descriptions, and list similar items in one go to save time.
4. Set realistic goals: If your death pile is particularly large, it’s important to set realistic goals for tackling it. Break the pile down into smaller, manageable chunks and celebrate your progress as you go.
5. Consider a clearance sale: If some items in your death pile have been sitting for a while, consider hosting a clearance sale to move them out and make room for new inventory.
Remember, the death pile is a common challenge for resellers, and it’s okay to ask for help or seek support from other resellers who may have tackled their own death piles. With some dedication and a strategic approach, you can work through your death pile and turn those forgotten items into profit. Happy flipping!
FIND: Turnkey Businesses
LEARN: How To Make Money Online
HOW TO: Work From Home
REVEALED: Online Business Ideas