Posted by Alex Jackson on 9th Mar 2018
So it’s March and you’re ready to start up your business. Maybe Uncle Sam was generous to you this tax season and you want to take that tax refund and invest it in your business. That is a fantastic idea, take that money and make it grow! But then a realization hits you, where can I put all this stuff? The basement reached maximum capacity years ago and I can’t remember the last time a car was actually in the garage. This is a very common issue for the first time seller working from their home. Since you are just getting started you also want to avoid the added expense of a storage unit or warehouse. So what should you do? Sometimes it pays to start small and what we mean here is to start with small items that don’t eat up too much of your precious space. So what should you consider selling if space is limited? And what is the best way to keep your business and personal space separate?
Swimwear- Now is a perfect time to get into the swimwear category with the season just kicking off. This category is a great option for those with limited storage space, these items are small and very easy to store. A standard size lot of around 300 units can fit comfortably into virtually any sized closet. Don’t procrastinate on this category! Even though there is snow outside, buyers are already on the lookout for swimwear and these lots sell out fast!
Jewelry- no worries on finding a home for these items either, most of our Jewelry lots can fit snugly in a dresser drawer. Boxes are small and easy to repack into storage bins and sort by type so you don’t have to go crazy clearing out your spare bedroom to make space for these items either.
Intimates- The biggest bulkiest thing in most of these lots is a pair of bedroom slippers, a robe or a PJ set. The majority of these lots will consist of items like bra’s and underwear which can very easily be stored in their original boxes or condensed down and sorted into easily stackable storage bins.
Hosiery, socks, leggings- Another good option if space is limited, you can normally fit a few hundred items into a very small storage space and still not have to worry about inventory interfering with your everyday life.
Health and Beauty- while you will see the occasional bulkier items like your vanity magnifying mirrors (don’t worry these sell fast!) the bulk of these items are going to be cosmetic items that can very easily be tucked away until it’s time to ship them out.
Small lots- if you had your heart set on selling women’s designer, shoes or some other category that’s not a problem. You can still easily find many smaller lots consisting of a few dozen pieces that you can easily find a home for in your home no matter how limited your space is.
Keeping your business and personal space separate it’s all about organization! - Organization is the key, especially when your workspace is limited. Invest some time into creating a storage system and you will save yourself a lot of effort and storage space with well-organized inventory. A lot of savvy sellers will simply pre-pack (don’t seal until its sold!) and label their goods. With the majority of these previously mentioned categories, this is simply a matter of packing the item into a padded mailer or small box, tagging the envelope and pack it away in a storage bin until it’s time to ship.
Don’t let lack of storage space hold you back from selling. With a little bit of organization and the right goods, you can get your business started no matter how limited your space is.
You have probably heard this a hundred times save the environment, buy local or go green but this blog is about a different type of green. We are going to show you how you can keep more of your green by buying local. Shipping costs, the bane of your bottom line, while it will not make or [...]