The moment that online auctions first came into being the online marketplace has exploded. A lot of people are interested in making money online by selling their stuff, but most people don’t have a clue how to get started. You can either sell your old things you no longer want, or you can buy merchandise, mark it up, and then flip it for a profit. The following are some tips and guidelines you should follow if you want to make money online by selling things.
Get a PayPal account
If you want to do business in the online marketplace and earn money online then you need a PayPal account. PayPal is the standard for online business and payments, so without an account you are really putting yourself into an impossible situation.
Take great photos of the things you are trying to sell. Think about it, selling is all about presentation. If something looks good then people are going to be much more likely to buy it. If you are planning on selling a lot of items it really does pay off to set up a small studio in your home where you have a nice clean background and excellent lighting. Of course having a great camera is also a must for taking detailed pictures.
Always be honest. If you want to make money online by selling things you need to have a good reputation so that people trust you. So don’t lie or exaggerate about the items you are selling. The last thing you want is to have someone buy something from you, then be unhappy because you didn’t tell them about a dent or scratch. Then they are probably going to want their money back, and your reputation will suffer as well.
Engage in solid and trustworthy business practices. Customer service is huge in any type of sales environment, and that’s especially true in online sales. If you want repeat customers then you need happy customers. When you have happy customers they post good reviews about your site, which can draw in more customers. Treating those customers well will lead to more positive word of mouth, which will allow you to continue to grow your business.
By following these simple guidelines about selling to make money online you will give yourself a very good chance at succeeding. Once you are ready to get started the following are some sites you should consider selling at.
Heard of FBA? If not then pay attention because this can be one of the best ways to make money online that you will ever find. FBA stands for Fulfilled By Amazon. What does that mean? It means that you buy items in bulk and ship them to amazon for storage. When you sell a product on your website Amazon handles all of the packing and shipping, then they send you the money that is leftover after they take their cut. Whether you are looking for a little extra money or a full time income, FBA can help you to reach your goals.
If you happen to have a car, boat, furniture, or any other type of items that don’t ship well then Craigslist is the answer you have been looking for. Just make sure that you take good pictures and that you are honest in your posts. One of the biggest bonuses is that you can get e-mail correspondence with potential buyers instead of having to give out your phone number.
I’m almost tempted here to just say eBay and leave it at that. Any article anywhere you read about online selling is going to talk about eBay. With eBay you can sell old things you longer want, or if you are more ambitious you can also start an online store. One of the biggest benefits to starting an online store is that you can set it up to follow a drop shipping business model. In simple terms that means that someone makes a purchase on your store, you get paid, then you order the item from a retailer and have it shipped directly to the customer.
Are you artistic or love craft projects? Well then Etsy is a great way for you to make money online. Guess how much it costs to open an Etsy store? Nothing. That’s right it’s completely free. All you have to do is sign up, post pictures of your magnificent creations, and then start selling. While there are different payment methods to choose from I’ll always recommend sticking with PayPal. One thing to keep in mind is that there is a small fee for listing items, and they also take 3.5% of your sales revenue.
Facebook swap shops are great ways to sell things locally in a manner similar to Craigslist. To get started you need a Facebook account, which most people have, then you just search for swap shop in your area and join it. Then take a good picture of your item, write a brief description, and post it. That’s it, it really is one of the simplest ways to make money online that you will find.