Hi, this is Dave Espino with StorageAuctionMoney.com and in today’s storage auction tip of the day, I want to share with you what I call my “Pyramid of Value” concept. The pyramid of value concept is really simple.
Let’s say you just bought a storage unit and you’re very excited to dig through all the boxes, dig through the storage unit to find all the stuff that you bought. Now, what you want to do is you want to sort those items based on what I call my Pyramid of Value.
And the reason I called it a pyramid is because at the very top you’ve got the high value antiques and collectibles. (And usually there are less of those than everything else, right?) But those are the high value items that you want to set aside very carefully, maybe do some research on them and then determine where’s the best place to sell those items to squeeze the most profit out of them.
That’s where you’re going to make probably the lion’s share of your profit – is at the very top of the pyramid.
Now the second place is collectibles, maybe they’re not as high value collectibles and items that are brand new in-the-box. Items that are brand new or in the box are awesome because there are particular ways you can sell these brand new items very, very easily without having to take a lot of your time. It’s almost remote control profits – it’s so awesome to sell these brand new items in the box. So that’s your second level of the pyramid.
The third level of the pyramid is larger, high-value items and larger, high-value collectibles. I’m talking about things like antique furniture. These are items that are a little bit bulkier, a little harder to move but they still retain really good value.
So, those items you want to sell in a completely different venue than the other two levels in the pyramid. You see what I’m saying? Because you’re going to use a completely different marketplace and and even a different way to sell those items.
The fourth level is large, common household items. Were talking about a stove, were talking about a refrigerator, things like that are large common household items. They’re sellable, but they’re bulky. So there’s a whole different place and a whole different way to sell those items so that you reduce the amount of effort that you have to use in turning those into a profit and so that you sell them quickly.
And then there’s another level in the pyramid (towards the bottom) and that is: common items that are worth fifteen dollars or more. Common items that are worth fifteen dollars or more are sold in a different marketplace altogether and we need to be aware that this is a good marketplace for these types of items.
Then, at the very bottom of the pyramid you’ve got common items that are worth fifteen dollars or less. Now these are kind of the “bottom-of-the-barrel” items, but you’ll be amazed at how many of these items are going to still make you money that will add to your overall profit in the value pyramid.
So, that’s my Pyramid of Value concept! Now, in every one of these levels there is a right place and a wrong place to sell these items. To squeeze the most out of those items and get the most out of that storage unit for yourself. And I’ll teach you all these things in my video training called ‘Insider Secrets to Making Money with Storage Auctions.’
I mean, I go into full blown detail on the absolute best places to sell every type of item that you might find in a storage unit, to squeeze the most money out of those items because it’s not just about spending as little as possible on that storage unit, it’s also about getting as much as possible out of that storage unit!
So to check out my full blown video training all about storage auctions, visit www.StorageAuctionMoney.com . It’s an amazing course and it’s dramatically discounted for you right now. So visit StorageAuctionMoney.com to learn all about it!