Startup cost: $50 - $1k
Low-end estimate: This budget covers basic essentials like a smartphone with internet access for listing items, and minimal inventory sourced from personal belongings or thrift stores. It assumes no paid advertising and relies on organic reach.
High-end estimate: This includes a smartphone or computer, professional photography equipment or services, inventory purchased wholesale, paid advertising on Facebook, and possibly a subscription to inventory management or analytics tools. It also accounts for shipping supplies and fees if selling items that require shipping. Hidden costs might include transaction fees and potential returns or refunds. Online communities often highlight that while starting costs can be low, expenses can increase with scale and ambition.
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