If you are looking to make a little extra cash over the summer, then one way to do so is to have a declutter of your home, and sell the things that you no longer need. Car boot sales can be a good way to go, though the punters at them are never usually looking to spend a lot. So if you have some more high end items, or some items that you want to get a good amount of money for, that no longer have a place in your home, then you could look to sell them online. There are social media marketplaces to sell things, but one of the most straightforward ways to sell is using eBay.
If you are new to selling on eBay then there are a few points to remember, and a few tricks that will help you to get the most money that you can for your items. You never know, you may end up wanting to make it a full eCommerce business with a small loan from somewhere like HeartLoans, if it all goes well. Here is a quick guide to help.
Fees and Charges
While you are likely to get more for your money on a site like eBay, there are some charges for selling on eBay. So that is something that you should bear in mind. The things that impact how much you are charged are things like a percentage of what the item sells for, and if you adjust things like the finish time of the auction or if you have a ‘buy it now’ section. They do some days and weeks that don’t have any listing fees, so those can be some of the best times to reduce the amount that you will be charged.
Start and Finish Times
Unless you want to pay to change the finish time of your auction, then you need to be listing your items at around the time that you want them to finish. So although it may be convenient to list your items in the middle of the day, you are likely to not get as much money for the item if it finishes in the middle of the day. Bidding won’t be competitive if there is no one around in the day to bid on it. So think of evenings and weekends for your listings, to give them the maximum potential.
If you want people to part with their money, then they need to see the quality of the item for themselves. So you need to provide them with plenty of good quality images to help them. If there are areas of the item that are a little worn or discoloured, then make sure that you show them and mention them in the description. Then the buyer can’t say they weren’t shown or told about the mark.
The final note is that you should be looking to package up your items well. You want them to look good when they arrive, and also to make sure that they arrive in on piece. This is especially important if you may pursue this as a side business from home; you’ll want all of the positive feedback you can get.