How to Start an Antique Booth Business! 5 Tips I wish I knew beforehand!

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hi everyone welcome back to my channel thank you guys so much for tuning back in if you're not familiar with my channel my name is tanya i'm a part-time reseller i resell on poshmark ebay etsy and i also have an antique booth and today's video is gonna solely focus on my antique booth i'm gonna give you five tips for starting your antique boot business and gave you a small tour of my updated space if you saw my previous video you saw that i had a pop-up sale pop-up shop so i took items out of my antique booth and now i'm putting everything back in plus a few new items and just rearranging everything so i'm going to show you the process because it's a lot of work hauling around items um i have a small little car and i was able to fit all of that in my car but today i wanted to make things a little easier i borrowed my dad's car he has an suv so hopefully it's going to be a little easier but still i still have to haul all of this inside and i'm going to show you that journey because starting an antique booth business is going to be work regardless of what items you select to sell if you're going to be selling clothes if you're going to be selling jewelry or toys whatever it is it's going to be work you're going to have to be hauling stuff in regularly so you just have to mentally prepare yourself so i'm going to show you a bit of that for me it's harder because i'm on the top floor so i have to go up and down stairs and up and down the elevator today i'm gonna use the freight elevator so if you guys are interested in this video go ahead and give me a like thumbs up and stay tuned okay so i will be doing a voiceover just because my antique store plays music and i don't have the rights to the music so i don't want youtube to give me a strike but to start off every antique store is different every city every state is going to be different so this is something that you really have to do your own research on so if there's a particular store that you're interested in having a booth in i would recommend to just go and introduce yourself go to the front desk ask if they have any available spaces and obviously you're gonna have to learn um you know the policies the rent any commissions that you have to pay at my store i'm in southern california i'm at pomona antique mart i do have to pay a monthly rent for my booth i have a 10 by 10 space and i have to pay a commission on each sale so you can also find out if your particular antique store is more flexible and more lenient for example my antique store they allow for handmade items they also allow for you know electronics video games comic books so it's a lot more diverse than just antiques so definitely get out there and consider the opportunity as far as sellers permit business licenses insurance my store did not require any of that i do have a seller's permit because i have a registered business so i got that on my own and i have a business license but my particular store did not require that all i had to do was give my first and last month's rent but again it's gonna vary by state it's gonna vary by store just go ahead and ask so let's start with the tips tip number one would be once you've narrowed down a store visit that store multiple times a week at completely different times so try and go on a weekend try and go on a weekday in the morning in the evenings as many times as you can so you can size up the crowd and see if they get a lot of visitors is it dead all the time maybe you love that store but they just don't get a lot of traffic so it's not really going to be beneficial to you if you know you get you start a business inside of a store that just doesn't get any traffic so i would definitely try and visit as much as possible at different times just so you can get an idea of the crowds and the customer base that they have my cart looks like hopefully none of it falls off i'm gonna have to push this in separate because it's not gonna fit tip number two would be to choose the location of your booth wisely so once you pick your store and you ask if they have spaces available if they have multiple spaces available look at all of them take the location into consideration my store is three floors there's basement the main floor and the top floor which is the second floor i'm on the top floor because at the time it was the only space available and i saw it and i immediately fell in love with it but now that i've been there for a few years looking back i wish i would have waited for a space on the main floor so i'm in southern california and we get really hot summers and guess what there's no air conditioning on the second floor so in the summer when it's 100 110 guess what it feels like it's 120 125 on that top floor so a lot of people don't like going up there in the summer so guess what sales are really slow in the summer so definitely take things like that into consideration um also when you're visiting the store um you'll notice which areas get the most traffic some people don't like going into the basement some people just don't like going up and down stairs so definitely visit the store and choose the location wisely tip number three were to bring in multiple price points so whatever it is that you end up selling in your booth um having multiple price points is only going to benefit you because remember you have to make your rent so you can make it quickly by selling high ticket items so items that have a higher price point but you need to understand that there is a diverse customer base so not everyone is going to be able to afford more expensive items so you definitely want to bring in a variety of items have some high ticket items but also you after your first month you're going to be able to see what your average sales price is so you're going to notice hey my my 20 items sell a lot you know the most items that i sell are between 20 and 25 so that's the price point that you definitely want to stick to and bring in the most items of but i would definitely recommend to have a few higher ticket items also take into consideration that some items might get lost or damaged so you definitely don't want to bring in only luxurious items because you are taking a risk by having them there i also don't know how every store handles you know theft for example and it's just a part of business some items are going to get lost and damaged so just keep that in mind but by bringing in a variety of items a variety of prices it's only going to benefit you and set you up for success i just spent two hours organizing everything it took forever but i'm happy with the results for now and i'm gonna give you a look around of everything that i have so this is actually footage before i had my pop-up sale i completely forgot to record the finished look at the booth so this is my space number 512 we're on the top floor of pomona antique mart i saw clothing and i also saw decor like home decor home goods a few hard goods this is my little mannequin so i like the mannequins i purchased on my own this bookcase i purchased on my own i added it it's just from ikea but all of the racks against the wall were already included with my boots which is why it was so attractive to me because i really didn't have to add any new furnishings the wire racks are mine so the wire racks are what i take in and out of my booth whenever i do pop-up shops as you can see i bring in home goods and these are the tags that i use for my clothing we're kind of old school we have to tag everything by hand and it just gets recorded by our booth number i know a lot of other antique stores have barcode systems i wish we had it but we're old school so now i'm going to give you a tour of other boots in the antique mall and this leads me to tip number four which is to set yourself apart and stand out so the your space that you rent your 10 by 10 space or whatever it is that you end up choosing you have the unique opportunity to paint it and decorate it any way you want so as you can see there's like some tiki based boots this one was more eclectic and you really want to set yourself apart so as you can see i'm not the only one that sells clothes there are multiple boots that sell clothes but like for example this one sells a lot of leather and they have artwork this booth is all focused on records they have a lot of vinyl so there are definitely ways that you can set yourself apart and even just like the color the setup of your booth this boot sells a lot of you know asian art so tip number five is to really commit to your new business congratulations on making it this far and i would recommend to create a schedule visit regularly and think of replenishing often because the months go by quick and empty shelves are not attractive so i hope you guys really enjoyed this video i hope you learned something from me if you like this video give me a thumbs up like leave any questions down below and like always i'm here every monday thanks bye
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Channel: Volver Volver Vintage
Views: 26,929
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Keywords: vlog, poshmark, poshmarkreseller, poshmarktips, parttimereseller, vintage, vintagedealer, vintagereseller, sourcingtips, poshboss, thrifter, antiques, auctions, estate sales, offer up sales, facebook marketplace, live auctions, vintage yardsale, part time poshmark, hobby, yard sale flips, garage sale, garage sales, yard sale, yard sales, ebay seller, poshmark seller, liquidation pallets, liquidation, pallets, poshfest, poshfest 2020, vending, flea market vendor, pop up shops, event vendor
Id: Ufw0JZ50scc
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Length: 10min 34sec (634 seconds)
Published: Mon Nov 30 2020
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