Items You Can Reliably Sell Online Right Now
I am not very good at negotiation. When it comes to personal finances and purchasing things, you should know the market value of things you sell and buy.
However, I am just not into negotiating and haggling as if it is a spectator sport.
I think that when it comes to selling items for extra cash, you should understand why a potential buyer would buy what you are selling. And you should understand the market you are operating in.
The items you are selling should be in as pristine condition as possible. And if you do these things, you may not have to indulge in negotiating or haggling.
Motivated buyers want what they want.
I once sold a bass guitar and amp for $200 when I was a young man. The bass guitar was barely played as I was too lazy to learn how to play it. The bass was in great condition, and the pawnshop I sold it to saw it. I actually sold it above local market prices at the time.
But that was a special circumstance. Not every item you try to sell will sell. And always remember that the sentimental value you have for an item has no value to a stranger.
Here are items that you can sell online on sites like Facebook Marketplace, eBay, or Craigslist.
And we will give you tips on how to sell your items efficiently and quickly to stand out from competitors.
Laptops and Tablets
Due to the coronavirus pandemic, many people are now working from home. And that means that there is now a big market for more affordable secondhand electronics like laptops and tablets.
Make sure that you delete any personal or sensitive data before selling it. Don’t facilitate some unnecessary future drama by trying to reclaim a laptop you sold because it contains your financial data or embarrassing photos.
You may want to add or link to a video on your advertisement to show off the laptop.
Pet-Related Toys and Supplies
People love their pets and businesses know it. Pet owners pay top dollar for leashes, toys, and clothes for their pets.
If you have new or gently worn pet supplies, then you should be able to sell them in the pet owner market.
Vintage and New Video Games
You should know your market if you have a lot of new and old video games to sell.
Many modern video game players play online. But there is a huge market for gamers who still play their games on video consoles.
Make sure that the games you sell are playable. You could create a clientele that keeps coming back.
Turn this hustle into a business by sourcing used video games online.
Clothes and Fashion
There is a marketplace for fashionistas who love finding and buying secondhand clothes, shoes, and fashions in thrift stores and online classified sites.
Make sure that the clothes you sell are aesthetically presentable and clean. Take well-lit pictures of the items to show them off. People who buy clothes want to see themselves in the items before they buy them.
Online Selling Tips
Sell items based on market value alone. No one is going to buy your items because they are sentimental to you.
Research the marketplaces you sell in. Look at consumer comments. If you understand the marketplace and potential buyers, then selling becomes a little easier.
Price based on current market prices. Look up similar prices for the items you want to sell online. Then price your items accordingly. Gauge buyer interest when selling in the future.
Make sure to always include pictures or short videos of the items you are selling. Use good lighting and video aesthetics that make your items stand out from competitors.
Don’t accommodate online window shoppers. People who want an endless email chain asking questions are not going to buy your items. Focus on motivated buyers who want your items.
Try to arrange for items to be purchased and shipped entirely online. Always meet buyers in public places for anyone who wants to complete transactions in person.
Allen Francis was an academic advisor, librarian, and college adjunct for many years with no money, no financial literacy, and no responsibility when he had money. To him, the phrase “personal finance,” contains the power that anyone has to grow their own wealth. Allen is an advocate of best personal financial practices including focusing on your needs instead of your wants, asking for help when you need it, saving and investing in your own small business.