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Buy
and Sell Online
How
to earn money selling your clutter
Do
you have DVDs you no longer watch, video games your kids are
bored with, books you've already read? Then clean out your
closets, garage and attic and sell your used goods online.
You can reduce clutter in your own home, help the recycling
effort by having your good reused and make money--all at the
same time. You know the old saying, "One man's trash
is another man's treasure". Old baby toys maybe useless
to you to if your kids are in grade school, but to a new mom
on a budget they could be a valuable find.
Some
of the more popular places to sell your stuff online are:
- Amazon
- Sell Your Stuff - everyone knows Amazon sells books,
but less well known is that they also have a marketplace
section where you can buy and sell used goods that include
books, text books, DVDs, cameras -- you name it. I typed
in "kitchen sink" into their used products search
feature just for fun. I didn't actually find a kitchen sink,
but I did find 26 books and other products with the term
"kitchen sink" in the title.
One of
the nice features with Amazon is that many products include
used price guidelines so you don't have to worry about way
over pricing or underpricing your goods.
I've personally
bought a number of used books from Amazon's marketplace
with all positive experiences.
- Ebay
- is without a doubt the most ubiquitous online auction
house and used good reseller online. They are so popular
that they are even the subject of a Weird Al Yankovich parody
CD called Ebay.
With Ebay you can sell goods through their standard online
auction format, set a fixed price, use your own eBay Store,
or place an ad in their real estate section. They even have
an audio tour on how to best sell your goods.
We have a number of friends and relatives who make a nice
side income just from buying goods at heavily discounted
prices at garage sales and thrift shops and the reselling
the items at a higher price on Ebay. The ones that seem
to be successful focus on certain niches - such as a popular
brand of toys or a certain type of fitness equipment. That
way they develop a pretty good feel for what they can sell
and the price.
- I used to volunteer
at library books sales where books were sold for only 50
cents or 25 cents each. On the last few hours of the last
day of the sale many libraries will often sell bags of books
for just a couple of dollars per bag. There are many book
dealers who go to these sales, scoop up the books they think
would resell and then sell them on Ebay, sometimes at 10
times or more of the price they paid for them.
One person I noticed who really had the reselling used books
on Ebay technique down pat came to the library sales with
a cell phone with a headset. While she was at the sale looking
through the books, she was quietly reading off the book
names and ISBN numbers to someone at home with a computer
who was looking up the current prices of the used books
on Ebay. That way she was able to tell which books she should
buy to be able to resell them at a profit.
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The
safest way to double your money is to fold it over once and
put it in your pocket. ~ Kin Hubbard
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