Important Advice For Selling Things Online
Post By: Admin / USA Frugal Club
Emptying out your closet and selling stuff you
don’t need is a great way to put some cash in your hands quickly. Platforms
like Facebook Marketplace and Nextdoor are great ways to make money selling
used items. However, there is actually a bit of work that goes into being an
effective online seller. Here are some tips to help this process be as seamless
Know the Worth of Your Item
Not only is it important to know what to price
your item at when listing it, but it is also important to make sure it will
sell, period. Make sure to do your due diligence in researching if other
similar products are selling and for what prices. This will save you a lot of
time in knowing whether selling your items will be worth the time at all.
Don't Undercut Your Price
Realize that on online marketplaces, it is
commonplace for buyers to attempt to negotiate over the price. There is a good
chance as a seller you are fine with this and would exchange a few extra
dollars for simply getting the item off your hands. However, make sure to list
your item a bit higher than you actually want to sell it as. People will
likely not be deterred by a few extra dollars and will try to negotiate regardless of
your starting price.
Due to the feedback systems that many online
marketplaces have, you will need to treat this like a business and ensure
customer satisfaction. Responding quickly to potential buyers' messages is one
of the most important things you can do to come off as a legitimate,
high-quality seller. Be open and provide them with all the necessary
information as you want to make sure the customer walks away from the purchase
pleased with your service.
If the item has been listed for 10 days and
still has not garnered any interest, it is time to unlist the item and simply
give it up or throw it away. Unfortunately, this happens from time to time when
trying to sell your stuff online. However, it is always best to cut your losses
and focus your energy on the next item.