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Flipping Furniture can be a really great way to make money, in fact, with a little effort and time you can make a full-time income! Plus, it really beats the boring 9-5 office job that you feel is sucking the life out of you!
I don’t recommend quitting your day job just yet, but if you avoid the mistakes listed below, that may be in your future!
I started Flipping Furniture 3 years ago, and through some trial and error (the error’s listed below may, or may not have been made by me…) I’ve learned some important lessons that have helped me make a great income selling painted furniture! Now my story may be different from yours, as
I’m a stay-at-home mom with 3 going on 4 kids. Regardless of your circumstances, you CAN be very successful selling your re-finished furniture and you CAN do it full-time if you so desire!
Let’s go over what you shouldn’t do in this business, shall we?
*This post may contain affiliate links, you can read my full disclosure right here*
Reason 1 – You Treat Your Facebook Business Page Like Your Personal Page.
Don’t make the mistake of assuming that your customers want to know about your personal life. In fact, most of your friends don’t want to know about your personal life, but that’s a whole n’other post. A picture now and then of your cute toddler “helping” you paint, or your fur baby sitting in your furniture drawer, that’s totally fine! Actually, those posts tend to get a ton of views and activity. But make the personal stuff relevant to your business, and resist the urge to post those every day! Do post content that engages your customers in conversation, people love to give their two cents, ask them questions relevant to furniture, home decor, favorite styles, paint colors..etc!
*Related posts – How To Easily Grow Your Facebook Business Page*
Reason 2 – Taking Awful Pictures of Your Furniture.
Is that harsh? I don’t mean to be, but really, stop it! Here’s the deal, if your page looks professional you will not only attract more customers, you’ll attract quality customers (i.e. not people looking to offer you pennies, not people looking to waste your time, not people trying to take advantage of you). If you produce quality furniture, attractively staged pictures, and detailed descriptions you will sell furniture and your business will grow. Take the time to stage and photograph your pieces to make them as beautiful to your customers as they are to you!
*Related posts – Staging Furniture to Sell – Tips and Tricks How to Stage and Sell your Furniture in the Fall FFFP 12 Step Course Review – The Ultimate Business & Marketing Course for Furniture Flippers.*
Reason 3 – Holding Furniture Without a Deposit.
I would say that at least 50% of the time, the customer that says they have stuff going on until next week (or 3 days from now) but they absolutely positively want to purchase your piece, and please oh please don’t sell it to anyone else, will either not contact you at the time appointed or they will say something came up and they are unable to purchase the piece. To avoid disappointment and serious irritation, always charge a non-refundable deposit for anything longer than 24 hours. We usually charge 50% of the total price, we simply send them a PayPal invoice. I don’t think we’ve ever had anyone change their mind because we charged a deposit. Time is money, if you hold a piece with no deposit and pass over other customers who express interest in said piece, you will lose money in the end. Plus, 9/10 times the other customers who were originally interested will have moved on and not respond by the time you let them know it’s still available.
Reason 4 – Under-Pricing Your Work.
This is an epidemic in the Furniture Flipping world. I’m not sure what causes Flippers to feel they should not make a decent profit on their work, maybe they’re just trying to be nice, maybe they aren’t confident that their work would sell for more, maybe they just don’t realize how little they are actually making when everything is said and done. Whatever the reason, just because you bought that dresser for 20$ at a garage sale does not mean that you’ve made a good profit selling it for 80-100$ re-finished! It doesn’t make good business sense and you’ll never be able to make a decent income pricing like that! You may think you area will not support higher prices, but that simply isn’t true. There is a market for high-end, quality painted furniture regardless of where you live (I live in the country, 35 minutes from a large, yet not economically thriving, city).
*Related post – How To Price Furniture- A Guide To Having A Profitable Business*
Reason 5 – Not Providing Delivery and/or Shipping Options.
Not offering delivery will seriously limit your business growth and sales. A lot of your customers either have small vehicles or they have no one to help them unload when they get it back home. Plus, who doesn’t love convenience? This is a service you can offer that will make life easier for your customers and make their experience with you smooth and pleasant! We charge approximately 25$ within a 20 mile radius, you can charge what you feel comfortable with, but definitely don’t do it for free! Shipping is also a really great option to think about, and not at all as scary and complicated as you imagine.
*Related Post – How To Ship Your Furniture Like A Pro
These are some common reasons that Furniture Flippers struggle to make their business profitable enough to make them any money. If you can avoid these, I guarantee you’ll start to see progress financially and your customers will love you for it!
P.S. If you are really serious about Flipping Furniture full-time or even part-time, you’ve got to check out my post FFFP 12 Step Course Review – The Ultimate Business & Marketing Course for Furniture Flippers. It’s my honest review of The Furniture Flipping For Profit 12 step course ( I wasn’t paid to write my review, I just loved it that much and I know it will help you!), this course literally helped us double our profits and taught us so many important business & marketing strategies! It’s been over a year and we still go back to it for resources and reminders!
Be sure and comment below with any questions you may have! I’d love to hear from you!