Ok, so it’s not much of a business model, but selling old junk on eBay is definitely a good way to make a quick buck. You put a little elbow grease into cleaning your old junk, take a few pictures, write a good description, and then sit back and watch eBay do it’s magic. If there is even a little demand for your product, chances are it will get bid up to a decent price.
And selling old junk on eBay serves a dual purpose. You not only make a few bucks, but you get rid of all that stuff you didn’t have the heart to just throw out. Think of all the space you’ll have!
This is definitely true in my case. I recently moved into a house where about 5 tenants’ worth of junk had piled up in the garage. Since I had plans to set up an office in the garage, there was no way I was going to let the old junk sit around. I enlisted the help of eBay and Craigslist, and in the last two weeks I’ve gotten rid of old couches, shelves, a fridge, a big box of Playboys (sadly), a microwave, a little TV, a PlayStation, many videos, and some odds and ends. The big stuff of course was sold on Craigslist so I didn’t have to worry about transportation. The rest I’ve been steadily posting on eBay. And guess what; my home office is all set up and ready to go.
So how do you get started selling your old junk on eBay? Well, assuming you have some basic understanding of the mechanics of eBay, here are some tips to help you get the best prices.
- Clean it up and take some good pictures. It’s common sense, people don’t want to buy grimy plates or tarnished silverware. Spend a little time cleaning your stuff up, and then take some good pictures. To get good pictures of your merchandise, put it against a neutral background (Beiges and wood backgrounds work well. White, black, and bright colors can take away from your product). Also, try to use natural light as opposed to flash in your pictures, and fill as much of the frame as you can with the product. A few pictures are often better than just one.
- Write an honest, upbeat, and friendly description. Describe your product fully, problems included, but focus on the positives before you list any blemishes. If you’re not a PowerSeller, use this as one of your advantages! Write in your own voice, be friendly, and come across as a person, not some company trying to make a profit.
- Its junk right? Post it for 99 cents. Often people will try to guesstimate how much their junk is worth and then post that as a minimum bid. This just takes away from the auction process in most cases. If your other alternative is to throw it out, then you’re better off posting it for 99 cents and letting the eBay marketplace do its job. Remember that people like to bid on items that other have already bid on, it’s the herd mentality, so when you post your stuff for 99 cents you’re more likely to get a few early bids that start a bidding war. That’s exactly what you want.
- Schedule your eBay auctions to start (and end) at prime selling times. Carefully choosing when to start your eBay auctions is important. You want the most people possible to be browsing eBay both when your stuff is first post your auction is about to end. If you use a seven day listing, these are both the same day and time. So when do you schedule your eBay auctions to start? As a rule of thumb, people are tired and slow on Mondays, Tuesdays and Wednesday can be very good or sometimes bad, Thursdays are the best day for sales, Fridays people are antsy to get out for the weekend, and weekends less people are in front of their computers, except maybe in the evenings. For most things, it’s good to post at the end of the workday, but other products sell better in the mornings or evenings. Browse completed listings (under Advanced Search) to get a feel for best selling times.
Good luck.
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