Selling your products, both old and new online is another avenue to make money on the internet. You can start small, and eventually develop this into a viable business. Depending on what you want, you can decide to keep it moderate. You must not be on the illusion that you have to trade big to make sizeable income online. There are many out there making good and sustainable income online, but deliberately keeping the business small, because they want to be able to manage it themselves, and not bother with any additional staffing cost. And what’s more, there are many platform to easily do this. I mention both old and new, because there are some platforms that allow you to recycle your old stuff, while others only allow new ones only.
Selling your old stuff
Selling old stuff is only permitted in some, not all online vendor, and for this, the presentation, the quality and the state of the product must meet required standard. You are even allowed to state the condition as GOOD, VERY GOOD, AS NEW, depending on what you want to sell. You must realise that here, you want to build TRUST more than anything, especially at the initial period. You need to build trust on good quality, your product description must not hide, or lie about the condition of the good you want to sell. Once you build trust, it is virtually easy to sell just about anything either old or new.
Platforms you can sell your stuffs on
EBAY is a trading portal for old and new, and allows bidding as well. BIdding is time related, so your stuff is taken out if there’s no sale. Ebay allows you to see practically anything online on their platform. Of course, first you have to register and follow policy and proceedure, display the photo of what you want to sell, and put your price, you are done.
Amazon is probably the most popular trading sites in the world, but without the auction aspect like Ebay. Amazon prides itself as the cheapest online store, so you have to be able to have a competitive pricing to sell on Amazon. You have to register and be approved to sell on Amazon.
Not on the high Street
Not on the high street is a portal to use if you have your own private, unique and personalised design to sell. This site is very popular with individual small scale private designers who wants to showcase own design.
Gumtree has become another household name for selling virtually anything online. It follows the normal buy and sell proceedure, has its own policy for those who register to sell and buy.
Craigslist is segregated into areas, and you have to choose the area you want to operate in. However this is exactly like the others in other area, you list your goods with the price you want for it.
Bookscouter is as the name sugest is only for books, both new and old books. It allows buy back like Amazon, although the price you buy back is usually lower, and it might pay you to sell on other avenue, if you get a higher price.
Zazzle is renowned for custom shirts, prints, mugs, cards clothing , gifts and much more.
Etsy is for selling and buying handmade goods and craft. Unfortunately, they don’t have good review online.
Where to source for stuffs to sell.
Believe it or not, you can source quality products for resale all over, even from places you do not think possible. Some are listed here. Please note that this list is not exhaustive.
The Wholesale Forums: (TWF)
The wholesale Forums is where you regsiter to receive updates on good quality goods from vetted wholesalers, and a source of products that you can easily sell online. Registration will help you avoid scams and middlemen which have plaged retail businesses for a long time. You can also get branded goods like Nike, Addidas and other top brands. There are also cosmetics, perfumes, clothing, indeed the list of the products is endless. Registration is free to this website. However there’s a paid subscription which will help manage your online retailing business better.
The wholesaledeals.co.uk is another portal where you can source products in large quanity for retail online. This exactly like The Wholesale Forums, so you must do your reasearch very well to know which one is for you to join. They deal in wide variety of goods too, and also vett their sellers before presenting to the list.
UK business forums
ukbusinessforums.co.uk is another wholesaler site that you can source your products to retail online. This is also a membership site, and you will need to register to take advantage of the services.
If I tell you that you can source high quality designer brands at Charity shops, especially the top brands like British Heart Foundation, Sense, North London Hospices, Oxfam and many others, you will probably not believe it. Both old and new Charity shops are good for high quality designer products.
What makes your products stand out?
Good high pixel shoot – is essential to showcase your product. This must capture at a neccesary angle to show important details like the styles and or pattern, if present.
It is important for you to be competitive if you want to sell online. It is always essential to check what the others are selling it for, and within your pricing, you can determine whether you want free postage and packing to be inclusive. Free P & P helps sales, as buyers do not usually want to bother with P& P in many cases.
Can you be bold enough to give guarantee on your products, like an authentic brand for instance. If you are selling a top brand like NIKE for instance, then give a guarantee of its authenticity, and people will be able to compare the prices with the originals elsewhere. There’s no point selling fake brands cheap, only for buyers to receive before discovering that it is fake. I said it earlier, do not even attempt to sell fake brands at all, either online or offline. It is illegal, and you can be arrested and prosecuted, because brands also buy to test who is polluting their brands, and always reasy to prosecute as a deterent to others.
Your return policy is one way of building trust. If you are sure of the quality of your products, then your return will be non-existent or negligible. So it is important to have a clear cut return policy where money are paid back to the buyer as soon as good are returned, with no question asked.
A standard return policy is usually WITHIN 14 DAYS OF RECEIPT, and if goods are returned in a saleable condition, no question about prompt repayment.
Invest in the know how.
Take your online business further by learning the nitty gritty of online business. There’s a portal where you can even start for free. and learn how to start making money online.
Get the necessary education and empower yourself. You will be glad you did.