Lifestyle
Cash in Your Closet: Tips to Make Extra Money on eBay
It’s not a secret that I love shopping. Sometimes though, that loves turns into an overflow of clothes, shoes and accessories that don’t get worn. Whether they no longer fit my style or my thighs, these clothes usually just end up sitting around taking up valuable closet real estate. I know I’m not the only one. Right? Well recently, I decided to take those clothes shoes and accessories and make them work for me.
I decided to sell them on eBay and you know what? I made over $250 in less than a week and all I needed was my computer and a bunch of clothes and shoes I no longer wanted.
So, if you’re interested in making some extra cash from stuff you already own, here are some tips to get you started:
- A picture is worth a thousand words: Make your item look as appealing a you can by taking good quality images.
- Be as descriptive as you can: In your listing, make sure to include information like measurements (not just size), fabric content, care instructions, etc.
- Honesty is the best policy: If your item has a scuff, stain, scratch or other defect, make that very clear in your auction. On that note, you shouldn’t sell anything in bad condition or that you wouldn’t buy yourself.
- Shop n sell: Don’t have extra clothes at home? No problem! Shop local thrift stores or ask friends or family to clean out their closets and give you items they no longer wear.
- Auction or Buy: I think its best to list items as auctions with the ‘buy it now’ option for folks (like me) who don’t want to wait.
- Price is right: When considering your asking price or starting bid, consider how much you paid for the item, whether or not it’s designer or an in demand item and how much others are charging for the same or similar item. Also, remember that eBay is going to take a cut when the item sells (usually 10% of the final sale).
- Time to ship: When the sale is complete, you have plenty of shipping options and eBay/PayPal makes it pretty easy to decide how to ship. You’ll be getting feedback as a seller so make sure you ship the item in a timely fashion.
What say you? Are you ready to get online and make some extra cash? Do you have questions about how to sell on eBay?
Comments
T. Espinoza is CEO at The Style Medic. She's the Diva next door, the girlfriend who always looks Fab but doesnโt spend a bundle. She works with the active, focused Diva who wants to look fly, save time and most of all, save money. T. can help you streamline your wardrobe, maximize your budget and take your style from flat-lined to FABULOUS!
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Laura
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The thrift store in my town is incredible! I think I will give your advice a try! Thanks and great post!
Vashti (veepeejay.com)
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Right on time with this post. Yesterday I was going through my closet and I got overwhelmed with all the "stuff". Sending them to a new home via Ebay is definitely a great option. I'm going to list some items soon.
Melody
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I usually sell all my items on PoshMark though I am becoming very tired of the flea market mentality people have there.. I'm going to have to try out ebay next time!
Christine @MomsNCharge
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Yassss!!! I do need to clean out my closet again but I will most likely need to go to the thrift store because I can't think of anything I would want to buy from myself. LOL Thanks for these great tips. I will definitely have to give it a shot.
Jaye@Curvatude
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how timely is this post! i have a site where i sell new/thrifted and had been thinking about utlizing ebay instead. thanks for the tips.
Allison
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Yassss! I have already started a collection of items to sell. Now I just have to research the shipping prices. I'm so nervous to actually post an item to sell. I don't know why, but I guess it's just the newness of the unknown, which just means I just need to go ahead and do it, right?!? ๐
Carin Kilby Clark
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I really need to stop procrastinating and clean out my closet… I'll definitely look for items that I can sell rather than just donating it all like I usually do… thanks for the tips!
Carin Kilby Clark recently posted…The Ultimate Solution To Being A Happy Mom
MJ
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I need to do this so bad. And even with my daughters clothes. I am going to make time for this. Extra cash with a new baby coming is always a good thing.
T. Espinoza
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Indeed! Extra cash is always a good thing and I’m sure theres some other Fab Mama (see what I did there?) who is looking for some cute baby stuff ๐
Thriftanista in the City
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I love eBay. I haven't sold anything on there in a while. I need to go back. I have a ton of stuff to sell. Thanks for the tips!