We all have items in our home that we need to get rid of, but, unfortunately, because of time constraints, we simply toss them away without thinking about the resale opportunities. With the right exposure and strategies, reselling your old items is now easy and convenient.
The new savvy ways to make money selling your stuff online are listed below:
1) First, create an account on Instagram that is dedicated only to selling your items, whether they are new or secondhand. Instagram is a great online tool to market your products, business, and services. With Instagram, every post requires an image so you can have fun finding pictures to use.
Try to keep your business account separate from your personal account. You can talk about tips, tricks, life hacks, and anything useful or helpful. Posting on Instagram is something that you can do anytime as long as you have access to wifi.
(If you think you are not reselling again in the coming months and years, you may skip Step 1 to 4 and proceed on to Step 5 onwards)
2) Next, using your Facebook account, join groups dedicated to selling pre-owned items in your city. Or for a bigger prospect, join the following support group that helps to:
- a) Increase the number of your followers in your Instagram
b) Adds “Like” to the image you are posting
c) Get more comments on images that you post
d) Increases sharing of your items all over the internet
You also learn many things from other members that collaborate and helps answer any questions in the group.
(I’ve seen many members getting more than 5-10k of followers and are highly active to participate. These are possible if you read and follow the basic rules of the group consistently.)
Here are the important social media groups you could join in to boost your Instagram and Facebook followers faster than you could ever imagine:
Show Your Blog Love (watch out for its' specific Instagram Post Thread)
BTR - Blogger's + Instagram Community (watch out also for its' specific Instagram Post Thread)
3) Create a clear description on your Instagram account profile that includes your contact information, a direct link to your marketplace, and the website where all of your items are showcased. Don’t forget to use #hashtags.
4) Once you’ve done all of the steps above, start adding your friends, family, and previous buyers to your new Instagram account. Use it to update and post your items.
5) Download the free printable I created for you by clicking on “Things To Sell List”.
6) The next step is to gather and organize a list of items you plan to sell. You probably already have items in your house that you are ready to let go of. If you are going to resell an item that was given to you by a special family member, you may want to let them know so that they don’t see the item posted on social media first.
7) Another way to sell your old items is to join online apps that are dedicated to this service. You can find apps on your iOs & Android. Take the time to read the safety guidelines, as you don’t want anybody you don’t know coming directly to your home to check out your items for sale.
Depending on your location, it may be better to specify your zip code so that you are selling only to individuals in your surrounding neighborhood.
Tradesy is a buy-and-sell marketplace for fashion, built by and for women. Millions of stylish members use Tradesy to sell straight from their closets and to save up to 90% on pre-owned bags, shoes, and clothing from top designers. Tradesy makes it easy sell online.
Nextdoor is the private social network for you, your neighbors, and your community. This app is the easiest way for you and your neighbors to talk online for free. You can let your neighbors know if you have lost a pet or have planned an event.
Poshmark is the largest social marketplace for secondhand fashion where anyone can buy, sell, and share their style with others.
The RealReal online clothing store has taken a unique approach to shopping. According to its website it is the leader in authenticated luxury consignment. Started and based in San Francisco, California in March 2011, this company is growing rapidly into a hot spot for luxury shopping at discount prices.
Listia is a marketplace for free stuff where you can give away items that you no longer need. In exchange, you can get other items that you want for free.
5miles is the highest rated local marketplace app which helps you buy and sell stuff in your area.
Close5 is an eBay local marketplace which provides an easy and fun way to buy & sell locally.
OfferUp is an app that allows you to buy and sell stuff locally.
Letgo is a mobile classifieds app that allows users to buy from and sell to others locally. You can use Letgo to bargain shop or to let go of things collecting dust around your house.
VarageSale is the family-friendly app to buy and sell new and used items locally.
All of these apps are free and super easy to use. You could easily download the apps to post a listing and to start earning money off the things that you no longer need. Be sure to check the guidelines and safety tips first. If you have any questions, don't hesitate to contact their customer support.
8) Listed below are other groups of online marketplaces that you can join. I recommend them because they have little to no cost to list your items and there is no approval process required. Some of the members swap or trade in and some also have auctions for buyers to bid. Read their guidelines as well before you decide which ever is best that suits your need.
Branded or Designer Clothing - Kids Clothing
Designer Handbags, Purses, and Accessories
Wedding Clothing and Accessories
Collectible and Vintage Items
Furniture, Electronics, Appliances, etc.
Phones, Android Devices, Apple Products, etc.
Although you’d probably get a better deal from the marketplaces I listed above, don't forget that you can also get more money by selling your phone on eBay.
Make sure to clear your phones from any information before you selling!
Phones Trade In
Movies, Video games, and Gaming Systems
For Sporting Goods like snowboards, skateboards, ski boots, kayak, and helmets:
Remember check to check your items to determine what kind of condition they are in. Consider restoring if necessary; get creative so that you know it's worth the price you tag to it.
9) Post pictures with different angles of the item and try to get a shot of the item in close range so that the details and color are noticeable. Customers opt for "what-you-see-is-what-you-want!"
10) FEES! Expect to pay at least 10% of an item's selling price for some marketplace you choose – and up to 40% if you use a concierge service that takes care of listing and shipping the items for you. Some companies allow you to do the shipping, but it’s important to clarify this with them. Also, find out about secure transactions, mode of payment for buyers, etc…
Finally! You have some extra money that you can save or use to pay off your debt, bills, and/or buy something for yourself.
And if you did create the Instagram account I listed at the top, you now have an amazing audient that you can expect to grow over time. Once you sell your first item successfully, you’ll most likely want to continue! Keep your Instagram account active and continue to post pictures of items that you want to sell. Even if you don’t have an item to sell, you can always use the account to provide ongoing tips or messages. Getting rid of items has never been easier!
Do you have any other marketplaces to add on the list? Comment down below and share!
Thanks for reading and best of luck!