How to sell on Craigslist and make the MOST money
This weekend I tried to sit down and to the math on how much money Jason and I have made selling stuff off Craigslist. But I lost count.
In the past three years we have made THOUSANDS of dollars via Craigslist getting rid of stuff we didn't want, need or use. It is the best place to sell things like furniture, large baby items like high chairs and swings and farm equipment like old lawnmowers and weed eaters. (And that spare tractor you have lying around...)
Last week I talked about how to maximize your eBay profits, today I wanted to talk about how you can sell on Craigslist and make the most money.
This weekend I tried to sit down and to the math on how much money Jason and I have made selling stuff off Craigslist. But I lost count.
In the past three years we have made THOUSANDS of dollars via Craigslist getting rid of stuff we didn't want, need or use. It is the best place to sell things like furniture, large baby items like high chairs and swings and farm equipment like old lawnmowers and weed eaters. (And that spare tractor you have lying around...)
Last week I talked about how to maximize your eBay profits, today I wanted to talk about how you can sell on Craigslist and make the most money.
1. Set up an account with Craigslist with an email JUST for Craigslist.
It is free to list your items to Craigslist plus Craigslist doesn't take a cut. But, it is FULL of scammers.
Craigslist will mask your email address so when people email you it looks like they are sending an email address to something like 12345@craigslist.org (this is just an example). So when a potential buyer emails you they don't have your email address until you reply to that email.
If you get an email with "is your item still available" that is usually a scammer just trying to get your email address and potentially hack you.
Go ahead and protect yourself by setting up an email just for craigslist or just for a particular item.
2. Take LOTS of GREAT photos.
Craigslist will allow you up to 24 photos per item. So don't skimp.
Items with no photos are far less likely to get clicked on. So it doesn't matter how great that antique hope chest your selling is if no one clicks on it because it had no photo.
Your photos are just as important to your ad as the description you will type up (see #3) so make them count.
I cannot tell you the number of times I have seen a photo that was clearly taken in the back of someone's garage on their cellphone. No. That's not gonna work.
Drag your item out to the drive way, dust it off and take a decent photo.
Show the size, color, make, label and any scratches, dents and scrapes.
3. Make your description sing.
In your posting title don't just write "brown couch." Write something that people are looking for "brown coach, 6-feet-long, smoke-free home."
Inclue as many descriptive words as possible. Then in the actual description area of the item include all of the information you have, color, size, material and dimensions.
Always include dimensions if selling furniture. People are just going to email you and ask so be sure to include it up front.
Also always be honest. If the couch you're trying to sell has a broken leg and a hole in a cushion put that in your post. It's not like you're going to be able to hide these things when the item is purchased. And all you're doing is wasting your time and the buyers time.
4. Price to sell.
Your item is used so it's not going to sell for what you paid for it. When determining a price I look up what similar items are selling for, I think of the absolute least I will take for it and I add 10-15%.
I never put "or best offer" in my listings because I don't want someone coming to me with a low ball offer.
The fact that I have taken the time to list it already shows I intend to get rid of it, if they want to negotiate I am willing, but I am not going to advertise that I am taking less money for it.
5. Include other items you listed.
When I list things on Craigslist I go ahead and list multiple items at one time and I go ahead and click on the "include more ads by user" button. That way people can see all the stuff I am selling at one time.
This is a great feature: USE IT!
6. Relist every 2-3 days.
Things get pushed to the bottom of Craigslist pretty fast so I resist often. Delete your first listing and go ahead and relist it. Add new photos and punch up the copy if you have to.
If it has sat on Craigslist for more than a week I usually lower the price.
7. Respond to emails right away.
When you get an email reply promptly you are not the only person selling something and if someone doesn't hear from you they will move on.
Also, if I have several people interested and someone offers me a lower price I usually counter offer and let them know I have another buyer interested at a higher price. It works. BUT BE HONEST!!
8. Don't hold items and only accept cash.
Don't hold your bunk beds til Thursday. If you have a buyer interested go ahead and sell it to the person who comes with cash in hand first.
And only cash. No checks and NO WIRE TRANSFERS. These are scams. Cash only.
9. Be safe.
I always meet in a public place when selling smaller items like baby items or small pieces of furniture.
For larger items I make sure the buyer knows I will have someone at home with me. And I always let someone else know what is going on. You can't be too safe.
Some police stations are also allowing for Craigslist transactions in their parking lots.
10. Practice Craigslist karma.
If your item has sold delete the listing. Craigslist ads are good for 30 days. Don't leave it hanging around after the sale is final.
What tips would you add to this list? Do you shop on Craigslist?
Linking up at The Thrifty Couple, Thrifty Thursday, Frugal Fridays.
6 tips for maximizing ebay profits
It's spring cleaning season. If you're like me you have garbages full of scrap paper, boxes full of donation items and those few things that you just KNOW are worth something.
Why not sell those items on eBay? Or maybe you found something at a thrift store that you want to flip for a profit? Today I am going to share my best tips for selling items on eBay and maximizing profits.
It's spring cleaning season. If you're like me you have garbages full of scrap paper, boxes full of donation items and those few things that you just KNOW are worth something.
Why not sell those items on eBay? Or maybe you found something at a thrift store that you want to flip for a profit? Today I am going to share my best tips for selling items on eBay and maximizing profits.
What items best sell on eBay? name brands, high-end items, technology (both working and broken) hard to find items, collectibles (vintage toys) spare parts and lot items of clothing (think 8 pairs of kid's pajamas).
1. See what like items are selling for.
Do a quick search of your item and see how much it is going for or has gone for in the past and then price accordingly.
Don't inflate the value of your item in your own head. Just because you paid $65 for a sweater or pair of shoes doesn't mean it will sell for that much once you have used it. Keep in mind how other people are pricing their items.
2. Take a LOT of photos. Then take some more.
eBay allows up to 12 photos for each item you list take advantage of this. Get clear pictures of the label, size, condition, and make sure you clearly snap any defects, scuffs or scratches.
Use a natural light source and use a white background. I put the items I want to list on a white blanket on the floor next to an open window. The natural lighting is pleasing to the eye and also shows more of your items details.
Do not use the flash. The flash will darken your item and just looks bad. I used the flash in the photo above and as you can see it looks terrible!
3. Choose a VERY specific category.
Don't just list Ralph Lauren t-shirt. Instead list as many specific things as possible in the category. For example: Ralph Lauren size 12 purple 100% cotton t-shirt.
Using more descriptive words will guarantee that your item will show up higher on the list when people search on eBay.
4. Include as many details as possible in the description.
When writing up your listing include every details: brand, condition, materials, color, size, defects, origin. Etc. Etc.
Think of any questions that a buyer might have about your item like dimensions and whether or not it comes from a smoke free home and go ahead and answer all of those questions in your description.
5. Be Honest.
I feel like this is just great life advice. But don't oversell your item. If it has a tear include that information, if a part of it is cracked or broken photograph that an include in your listing.
If you don't include defects your item will more than likely be returned and you will get bad feedback. Feedback is the lifeblood of eBay.
6. Find out your cost of shipping BEFORE you list.
If you aren't correct in your shipping costs it can eat into your profits making your efforts a total waste of time.
Weigh your items. If you don't have a shipping scale you can use a bathroom scale.
I do a quick lookup of my item on Amazon and use their dimensions as a way to determine my shipping costs.
My best bet is to usually use USPS flat rate boxes. Their motto is "if it fits it ships." You can also order free flat rate boxes delivered to your house. And USPS will come pick up your items if you schedule it on their website. That is also a free service.
What about you? What tips do you have for selling on eBay?
