eBay is a marketplace where you can auction your stuff. I find eBay great because of the sheer diversity of things you can sell on it. It’s perfect for obscure items that don’t tend to sell anywhere else. You don’t want to ignore the biggest online shopping website in the world. Amazon accounts for almost half of all retail sales online.
Now it’s time to make sure there are buyers for the items you selected. Check Amazon, Ebay, Etsy, and Craiglists for your items. It has 126 million users, and 90% of internet users in Japan use it. I believe this is a wonderful place to sell your stuff if you want to break into the Japanese market. Ready to ditch debt, save money, and build real wealth? Download my FREE Ultimate Guide to Personal Finance.
Download a free copy of my Ultimate Guide to learn my best strategies for creating multiple income streams, starting a business, and increasing your income by thousands of dollars a year. You will likely get a few folks that try to negotiate hard. They’ll try to pressure you into a much lower price. If you’ve done your research and know the pricing bands for your item, hold to your price. Only lower it if you don’t get any legitimate interest. As soon as you get a response from someone, try to respond instantly. People almost always get less interested in a deal over time.
Take advantage of their motivation by responding quickly and getting the deal done as quickly as possible. Want to fire your boss and start your dream business?
Assuming the buyer agrees to the terms, keep following up until everything has been completed. Want to work from home, control your schedule, and make more money? Download my FREE Ultimate Guide to Working from Home. For hot items, you’ll start getting inquiries within a few hours. Make sure to respond to them as quickly as possible and close a deal. Need to find a way to earn money without leaving your house? Check out my free List of 30 Proven Business Ideas to find the perfect opportunity for your lifestyle.
It takes time to develop an accurate gauge of the market on any item. Once you have agreed on price, lay out your requirements for the sale. This could include meeting location, payment method, shipping terms, etc.
Remember, we all have an internal bias to over-value what we own. So go in expecting that you’re going to make less than you think.
In no way accept payment by examine, money order, or still PayPal. You must also check out there Craigslist’s own suggestions about exactly how to avoid scams. If you’re looking to buy or sell a piece of furniture or other large, heavy item that can’t be shipped easily or cheaply, your best bet is to use a website through which you can buy and sell locally. PCMag editors select and review products independently. If you buy through affiliate links, we may earn commissions, which help support our testing. Take my earning potential quiz and get a custom report based on your unique strengths, and discover how to start making extra money — in as little as an hour. By signing up you will receive daily blog updates on living a rich life, how to make money, and practical financial management advice.