Following on from last weeks Spring clean your finances, I thought it would be useful to write about how you can make money from your actual spring clean. These days you can sell most things on Ebay. The trick is to get organised.
Inventory – Make a list of all the things you want to sell ensuring they are clean, presentable and in a saleable condition.
Pricing – Do your research by finding out what similar items are selling for. This will help you decide if you want to put it up for auction or use the buy it now option.
Photographs – Make sure you use a good selection of photographs to sell your item. You need to have good lighting, show different angles and focus on any flaws.
Description – This is equally as important as the photographs. The more detail you add, the more informed the buyer is and therefore more inclined to make a bid. Include things such as the make/model, colour, style and also any specific measurements.
Postage – Make sure you are not selling yourself short by adding low postage costs. You can check the cost of postage here. Take the cost of the packaging and transporting it to the post office into consideration.
Hints and Tips
- Some Ebay buyers will check your feedback rating prior to making a commitment. You can build up a good rating by purchasing items before you decide to sell.
- Make sure your listing ends at a good time. According to Ebay stats, the busiest time for buyers is on a sunday afternoon.
- You can list the first 20 items you want to sell each month for free. After this you will have to pay. If you have lots of items to sell, look out for special weekends where no fees are charged.
- Sell things that are in season. You will limit the saleability if you try to sell a swimsuit in the middle of winter.
- Make sure you ask for proof of postage which is completely free. If a buyer claims they have not received their item you can use this in your dispute
- Add as much info as you can in the title as this is what the search function uses
- Check your emails – Buyers may ask questions about your item and you need to respond quickly to ensure they stay interested
- If you are selling lots of items make sure you refer to it in your ad. Something as simple as ‘Check out my other items for sale’ will do the trick
Ebay doesn’t have to be your only option for selling your items. If you prefer something more simple where you can advertise your items locally for a fixed price try websites such as Gumtree, Preloved and the Loot.
If you have low-cost items of clothing/shoes that are in good condition but won’t make that much money, you can take them to a clothes bank. This one offers you 50p per Kg but there are many more options to choose from.
Do you have any designer shoes, clothes or handbags? Why not consider a dress agency? They usually display your items in store and take commission from the selling price. This agency has stores throughout the North West.
I hope you manage to make some extra cash by selling some of your unwanted items. Let me know how you get on.
Love Nic x