One of the ways that I have been able to support my family as a single stay-at-home-mom is by reselling things that I know are worth good money.
Some of the most profitable items to sell on eBay are Littlest Pet Shops (LPS).
Before I started blogging, I was one of the top sellers of LPS on eBay on any given day. I made the most money out of all my competitors for each pet sold.
It’s not uncommon for you to be able to get $50-$200 for ONE Littlest Pet Shop toy. These little 2″ toys are very valuable, and most people don’t know it!
Rare Littlest Pet Shop List
The most expensive pet by far is the Comic Con Cat. I have sold this one several times over for no less than $200 brand new in the box.
So, you may be asking why LPS toys sell for so much money. The answer is that Hasbro only releases so many of one particular pet. There are well over 3,000 different Littlest Pets now and that number grows what seems like daily. After they are gone in the stores, they are gone, and that is NOT guaranteeing you that you can find the one you want in your store. LPS releases different ones to different parts of the states. In fact, there are a few rarer ones that have ONLY been released in the U.K. making them even harder to find.
LPS are highly sought after. Kids of all ages and adults collect them. They have parties with them. They play with them day and night. They bring them to school. LPS life is very much a hot topic in the kid world. Anyone who’s anyone has them.
Okay, so they are popular, but aren’t they just a fad?
NO! LPS have been around since the 90’s! They have been popular a really long time and I don’t foresee them ever losing momentum. Hasbro is constantly coming out with new and popular ideas. Glow in the dark pets, Blythe dolls, TV shows, teeniest tiniest pets to name a few.
On the saving money standpoint, this is something to invest your hard-earned money in. Kids play with these toys from the time they are around 2 years old to 12 years old. Once kids start hitting the teen years, they usually drop off, but most kids will play with these toys for a very long time.
Many more kids (and adults) collect them. Our favorite thing to do with LPS is to dress them up. You can make a killing selling LPS clothes on eBay. When I sold them, I made about $24.95 for each set of about 7 pieces. At one point, I had over 200 of these lots. For those of you who are good at math, that’s $5,000 in just the clothes for these toys. There is money to be made for sure.
There are many pets to be on the lookout that are worth $30 or more on eBay. Now keep in mind, pricing on eBay changes daily, so if you have any of these pets and they are not getting at least $30, hold onto them. LPS on eBay is an ebb and flow type of thing. One minute one pet will be $80, the next it’ll be $30. You want to sell them when they are at their most expensive price.
There are 3 LPS pets that are very well known for being expensive, meaning most people know these are worth money, so you’ll have a much harder time scoring them.
And the rest of the pets are my favorites. They are not as well-known for being expensive online and so you can find them easier and make a killing. In one instance, the Chihuaua is worth $75 on eBay, yet not many know that. Another white cat goes for around the same amount, again, not many know, so it’s easier to snag it.
If you want to make money on LPS, get to know this list really well. Most Great Danes, Cocker Spaniels, and Collies are worth money. Always look for those. Because I’ve been selling pets for so long, I can literally look at a picture of pets and tell you which ones are worth money and which ones aren’t within 30 seconds. I know almost all of the more than 3,000 of them. This is why I was so good at eBay.
It’s all in the details
One thing you want to be super careful of is the smallest of details. This particular great dane (LPS #817) are BOTH numbered 817, and yet, there is a BIG difference when you know the pets. It’s in the eyes. One pupil is circle shaped, the other is starred. These little details when selling LPS on eBay can sometimes mean huge rewards. Usually one is rarer than the other and therefore will fetch you more money! So, be sure to pay attention to the small details.
What site is best for selling the LPS (eBay, Amazon, others?)
ebay. Definitely ebay! OR your own Shopify store would work too. 🙂
So many of them include free shipping, so how is it best to ship them so that your profit is eaten up by shipping?
They do free shipping and include the shipping cost in the price. Basically, to get an item to sell, they up the price of the toy to reflect the shipping cost and offer free shipping. Long, drawn out story short, they sell much better that way. So the shipping is actually just included in the price.
Get yourself some wedding organza bags at a craft store or on ebay and put the pet in there. Then bubble wrap the pet in the organza bag and put it in a small bubble envelope. It’s less than 3 oz and your cost to ship is less than $2.
If the sales price of the pet is over $30, you will definitely want to insure the package.
How do you set the prices of the pets? Many the figurines have a variety of prices so just pick something in the middle?
Depends if you’re making a business out of it, how fast you want to sell, and what your feedback rate is at.
If your feedback rate is 100% positive feedback and you have at least 100 feedbacks, you can sell about 50¢ higher than the most expensive other seller or the same price as another 100% positive feedback seller.
If you want to make a business out of it, you’ll want to start cheap to establish yourself and work your way up.
If you want to sell it faster, list lower. If you don’t mind waiting for a sale, list higher.
Some pets can take even a year to sell, but they do. And listing fees are so cheap, in some cases, it’s worth it to wait.