One of the fastest ways to make some extra money is to sell the items that you already own, that you no longer want or need. Right now, it’s very likely that you’re sitting on a decent chunk of cash without even realising it.
Selling unwanted clothes is a great place to start, and you can do it today. Before you rush off and take action though, there are a few key things that you should be aware of. Here’s how to make sure that you maximise your profits…
Do some research into the value of your items
This is one of the very first things that you’ll need to consider. It’s important that you do a little research, so you don’t underprice or overprice your items, and so you can increase your chances of selling them in a reasonable timeframe.
Thankfully, this is easier to do than you might initially think. Download the eBay app, and take a look at recent completed listings for items that are similar to yours. This will give you a great estimate of how much you can expect to receive.
Take plenty of clear photographs
They say that a picture can paint a thousand words, and this is very true when it comes to selling your clothes. If you want to inspire confidence in your buyers and encourage them to take your clothes off your hands, then you need to make sure that you’re giving them plenty of information to work with.
You don’t need a proper camera, and your phone will do the job just fine. Take photos from multiple angles, in good lighting, and be sure to get snaps of any details like buttons, logos, or lace.
Be sure to consider fees and postage costs
Don’t forget that there are some costs associated with selling, and you’ll need to consider how they’ll eat into your profits. The good news is that you’ll typically only incur costs once your items have sold, and you receive your money.
eBay charges around 10%, plus there’s a small charge from PayPal, and you’ll also need to consider the cost of posting and packaging your items. It often makes sense to order some packaging materials in bulk, especially if you plan to really run with your selling. Doing this could potentially save you a significant amount of money.
Get your items listed
The most important thing is that you need to take action. Just thinking about selling your items isn’t going to make you any money! So with that in mind, why not dedicate a few hours this coming weekend to selling your clothes? eBay is the most well known selling platform, though you might want to consider also using Gumtree, Facebook Marketplace, and Depop.
The platforms are generally very easy to use, and they’ll give you access to potentially millions of buyers who are actively searching for exactly what you’re selling. You might even find that it’s quite fun! You’ll soon become addicted to getting those sales notifications coming through on your phone.
Have you ever sold your clothes online? Do you have any tips or advice to share with other readers?