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5 Tips That Will Help You Make Money Selling Stuff

If you're reading this, I'm earning money. Thanks for helping to feed my family. Please see our disclosure for more information. Also, any advice provided is for informational purposes only. I'm not a CPA, lawyer, or doctor, although my parents wanted me to be all three. So, talk to a professional before acting on anything you read below.

I have a great contributed post for you today on selling your second hand items. It's for informational purposes only, so please consult a professional before making any money decisions and assessing the value of your items. Got it?

selling your second hand items

We could all use a little extra bit cash in our back pocket, and some extra room in our home (after all, plenty of presents are on their way!). You can kill two birds with one stone by selling your second-hand items.

Why not get some cash for it? Here’s how to get the most money for your second-hand goods.

Scrub It Well

If you’re considering selling an item, then it’s likely that it has been sitting in a cupboard, untouched, for many years. Before you get to the selling part, make sure it looks presentable, and that any errors with the item have been fixed. If you still have the original packaging, then you’ll be able to sell your item for more. But don’t worry if you don’t: if it looks in good condition and is well cleaned, then it should still attract a good value.

Check How Much It’s Worth

An item won’t be worth anything if nobody wants to buy it. You can check the market for your goods - and get an idea of how much you should be charging - by searching for similar items online.

When you’re viewing items, pay attention to any faults that are listed; if yours is in a better condition, then you’ll be able to ask for more money. If you’re trying to sell a valuable antique, then it’ll be worthwhile getting it looked over by a professional. You don’t want to be one of those people who undervalued their item just because they didn’t know how much it was really worth!

Create a Compelling Ad

You know everything about the item your selling; a person reading an online advertisement can only know what you tell them! If you’re selling multiple items, then you’ll be tempted just to put the bare details in the advertisement so that you can save time, but you’ll get more money if you create a compelling ad.

Put in as much information as you can, and include several high-quality photographs. You wouldn’t buy an item from an online store if there was only limited information; spend an extra five minutes and make sure everything that needs to be said, is said.

Remember the Add-On Costs

You could sell a piano for one thousand pounds. Then you look at shipping, and learn that a big slice of your profit has been lost! When it comes to pricing second-hand goods, make sure you’re factoring in the cost of postage and packaging. Remember that your first option for shipping might not be the best; sending with Shiply, for instance, can save you a lot of money. And that money will go straight into your bank account!

The Art of Negotiation

Finally, remember that people will always try to knock down the price. As such, it’s worth adding an extra 20% to the price you want for an item. When it comes to negotiation, you’ll have some wiggle room, and will be more likely to get the price you desire.

5 Tips That Will Help You Make Money Selling Stuff

About the Author David Domzalski

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1 comment
Michael says May 7, 2018

Hey David,

Thanks for the awesome info.
I like the last one ”The Art of Negotiation” tip!

Regards,
Michael

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