69-year-old Housewife Reveals Secret to Earning 5 Million Won Monthly with Daangn Market Consignment Sales

The host emphasized that the consignment sales method used by the guest requires no capital and no inventory. He mentioned, "It's capital-free and inventory-free," highlighting that a business can be started without initial investment costs or inventory burden. This method means sellers do not need to purchase products directly and hold inventory; instead, when an order is placed, the wholesaler ships directly to the customer.

This consignment sales system is particularly attractive to small-capital entrepreneurs or those looking for a side hustle. It reduces the difficulties and costs of inventory management, offering less risk and the advantage of being able to experimentally sell a variety of products.

The 69-year-old guest revealed that she achieved about 100 million won in sales and a net profit of around 5 million won over two months through 당근마켓 (Daangn Market) consignment sales in Goyang City. She introduced herself, saying, "I'm 69, and I'm currently making about 5 million won in profit from around 100 million won in sales through Daangn sales in Goyang City over one or two months," presenting a case of high earnings despite her age.

This profit is analyzed as a synergy between the characteristics of Daangn Market, a region-based platform, and the consignment sales model. The guest demonstrated that her age was not an obstacle to business success, conveying the message that anyone can take on this challenge with learning and effort in the digital environment.

The guest explained that she decided to try consignment sales based on her 40 years of experience in the apparel industry. She mentioned her past career, saying, "Apparel, you know. When silk first came out, it was Nonno Fashion back then. I probably did it because I had no other choice. I did that for about 40 years." This experience greatly helped her in discerning products and understanding market trends.

Decades of know-how in the apparel industry positively influenced product sourcing and trend analysis in consignment sales. She emphasized that her past experience became an important asset in adapting to a new business model, suggesting that finding new opportunities in a familiar field can be the key to success.

The guest admitted to difficulties using digital devices as an elderly person but stated that she overcame them through continuous learning. She confessed, "We're not very skilled, are we? We use our phones for KakaoTalk and YouTube, but taking delicate, pretty pictures of items to upload, and ordering from suppliers, it's a bit clumsy." However, despite these difficulties, her willingness to learn new things was strong.

She hoped her experience would encourage other seniors unfamiliar with digital environments. From taking photos to ordering from suppliers, she learned each practical skill needed for consignment sales, improving her digital literacy. This learning process serves as an example that success in new challenges is possible regardless of age.

The guest explained that her curious nature led her to discover Representative Ki's consignment sales program. She said, "I have a personality that looks things up if I'm curious. I saw Representative Ki's program. And we're familiar with Daangn Market, aren't we?" indicating her interest in a business model using the platform she frequently used. She found the possibility of a new side hustle through a familiar platform.

The guest explained that her curious nature led her to discover Representative Ki's consignment sales program. She said, "I have a personality that looks things up if I'm curious. I saw Representative Ki's program. And we're familiar with Daangn Market, aren't we?" indicating her interest in a business model using the platform she frequently used. She found the possibility of a new side hustle through a familiar platform.

The guest stated that her past experience as a manager in the apparel industry greatly helped her current consignment sales business. She said, "Even when I was in apparel, I was a manager. I could grasp things faster than others and handle people. That helped too. That 'just try it' attitude, you know?" emphasizing that proactive execution and problem-solving skills were the driving force behind her success.

She added that it's important to just dive in and learn, rather than fearing new challenges. This challenging spirit played a decisive role in starting and successfully operating consignment sales in an unfamiliar digital environment.

The guest cited the ability to work 'my way,' unlike traditional company jobs, as a major advantage of consignment sales. She explained, "In a company, you're tied down, you follow their instructions, you submit yourself to their system. But this, I can try things this way and that way, take a break if I have an errand." She described how she enjoys a flexible work environment, free from previous labor-intensive settings.

This flexibility is particularly important for seniors. Being able to adjust work according to one's condition and schedule improves quality of life and allows for a balance between work and personal life, she added.

The guest revealed that when she first started consignment sales, her children looked at her with concern. Her children even tried to dissuade her from her new challenge, saying, "What's there to lose? You just put up items, modify them, and sell them, but nobody does that these days." However, despite her family's worries, she believed in her abilities and persevered.

As a result, she achieved high profits, allaying her family's concerns and proving her capabilities. This served as an opportunity to show her family that even at an older age, one can learn new skills and achieve results, beyond just earning money.

The guest advised those hesitant about a side hustle, saying, "It's worth doing. These days, everyone is looking for some kind of side hustle. They hesitate because they're not skilled. But you just have to dive in. What if sales are a bit low at first? You actually need time to practice." She emphasized that there's no need to be perfect from the start; the important thing is to just start and try.

She particularly encouraged those hesitant due to unfamiliarity with digital devices. She conveyed the message that even if sales are low initially, one can succeed with consistent effort, viewing it as a practice process.

The guest highlighted having no inventory worries as one of the biggest advantages of consignment sales. She explained, "But since we're not stocking items, there's no need to rush. You see the cycle? When summer turns to fall, imagine having inventory piled up. That would be a big problem. But with this, you don't." She explained that without inventory burden, one can engage in sales activities with peace of mind.

Without the worry of accumulating inventory, the risk of losses due to seasonal changes or trend shifts is significantly reduced. This provides an important economic advantage, allowing sellers to try a wider variety of products and respond flexibly to market changes.

The guest explained why 5% of people who received consignment sales training did not achieve results, even though 95% did. She said, "I taught about 30 people, and honestly, can I tell you? 95%. But do you know why the other 5% didn't succeed? If they get an inquiry like 'Is this item available for purchase?' after uploading it, it's best to reply within an hour. Because buyers don't wait for us." She emphasized the importance of quick response times.

Prompt replies to purchase inquiries are a key factor in increasing customer satisfaction and conversion rates. As customers don't wait long for a seller's response, immediate communication is crucial for sales success, she explained.

The guest shared her know-how for selling seasonal products. She said, "There are seasonal products, you know. From now on, I'll ask them to make a list of what items to prepare. Because I want to prepare and take photos in advance. It's not really a formula, but I teach based on my experience." She emphasized cataloging products based on her experience.

She added that proactive responses, such as sourcing products and preparing photos in advance according to seasonal changes, are important. This is not a simple formula but practical wisdom gained through long selling experience, a strategy for actively responding to market changes.

Representative Ki emphasized the strategy of 'setting three neighborhoods' to maximize post exposure on 당근마켓 (Daangn Market). He explained, "The important thing is that you can upload a post to up to three neighborhoods. If you look now, it's probably uploaded to all three neighborhoods. You'll need to revise the neighborhood settings and re-upload it." He presented a method to show posts to more potential customers.

To make the most of Daangn Market's region-based characteristics, sellers should set up to three neighborhoods within their activity radius for post exposure. Applying this strategy when revising neighborhood settings for existing posts or creating new ones can significantly increase sales opportunities.

The guest emphasized that through consignment sales, she gained freedom of time and place, moving away from physically demanding labor. She explained the difference from her previous job, saying, "Physical work is tiring for the body, you know. You have to sit all day and do the same movement continuously, which is bad for your body. But this, you don't need to. I can work when I want, take care of errands if I have them, go out freely, and just carry my phone."

She explained that thanks to consignment sales, she no longer needs to work in a fixed place for fixed hours. With just a phone, she can handle work anywhere, so there are no restrictions on taking care of personal matters or resting. This brought not only health benefits but also mental satisfaction, she added.

This flexible work environment became an important factor in improving her quality of life. Through her experience, she showed that even seniors can engage in independent and free economic activities.