8 places to sell stuff online
Before you sell things online at earn extra money, determine the ideal location for your goods. Selling grandma’s vintage tea cozies is a different business than offloading your old stereo system. We’ve rounded up some of the top online marketplaces along with tips on their audience, style, and pricing.
Online sales and auctions
There are a handful of great online auction and sales sites out there, and as you will see, some charge much lower fees than others. The major players, Amazon and eBay, have higher fees, but they are also some of the busiest sites on the internet. If speed of sales is your goal, these sites are the way to go. If you’re trying to maximize your profits, it might take a little longer to find a buyer on a smaller site.
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You can sell just about anything on Amazon, although selling in certain specialized categories requires Amazon approval and improved sales plan. Amazon charges several types of fees on items sold, depending on the type of selling plan you have.
If you opt for the Standard Individual Selling Plan, you’ll pay Amazon 99 cents per item sold, plus a referral fee. The referral fee is a percentage of the item’s total selling price, including shipping costs but not taxes, and typically ranges from 8% to 20%. If you sell multimedia items, including books, movies, and video games, you also pay a closing cost of $ 1.80.
The upgraded professional selling plan requires a monthly subscription of $ 39.99, but you don’t have to pay 99 cents per item like you do with the individual plan. So the professional plan only makes sense if you plan to sell more than 40 items per month.
EBay allows you to auction and sell a wide range of products and has it a bit simpler fee structure than Amazon. For most items, you pay eBay 10% of the item’s final sale price, which includes shipping costs but not taxes. If you post more than 50 items per month, eBay will start charging you 30 cents per listing over 50.
You can also upgrade and promote your eBay listing in a number of ways for an additional fee. For example, you might want to set a reserve price so that your item is auctioned for at least that minimum amount. For most product categories, the charge to set a reserve price is $ 5 or 7.5% of the reserve price, whichever is greater, with a maximum of $ 250. You are charged these fees whether or not your item sells.
Bonanza sells a range of similar products to Amazon and eBay. He charges a fee based on the retail price of your item, plus any shipping amount over $ 10. So if you were to sell an item for $ 20 and ship it for $ 13, your charges would be based on a price of $ 23. Bonanza charges you 3.5% of this price; in our example, you would pay around 80 cents. There is a minimum charge of 50 cents per item.
For items that sell for $ 500 or more, you pay 3.5% on the first $ 500, then 1.5% on the amount over $ 500.
Bonanza also offers to publish your ad on the web in exchange for a higher percentage.
4. Craigslist, Facebook Marketplace, Letgo
These websites and apps don’t always take a share of your sales, but you are responsible for connecting with your buyer, meeting in person, and chatting. It is definitely a different style from auctions and online sales. If you aren’t comfortable handling all the logistics on your own and then meeting a stranger, you should probably stick to the internet only.
Depending on what you are selling, you can arrange to meet your buyer in a public place (many local police stations provide a “safe haven” for such sales) or have a friend accompany you as you perform. the sale. Simplicity here is key: no packaging, shipping or fees, just cash on hand. But unlike many online-only shopping sites, these marketplaces have no warranty or protection if your buyer turns out to be a flake.
Clothing, vintage and crafts
Bigger sites online are good at getting rid of miscellaneous stuff, but for specialty items, like antiques and vintage clothing, you might want to sell to a more intentional audience.
5. Luxury brand
Poshmark is an online shopping and social network hybrid for men’s, women’s and children’s clothing, as well as other products. His fee structure is simple: for all sales under $ 15, you will be charged a fee of $ 2.95; for anything $ 15 or more, the fee is 20%. Poshmark charges your buyer $ 7.11 for expedited shipping. So all you need to do is print a prepaid shipping label, pack your clothes, and ship them.
6. Ruby alley
To post up to 50 items for sale on Ruby Lane, you will need to pay a monthly maintenance fee of $ 54. List more than that and add anywhere from a dime to 30 cents per item. Ruby Lane also charges a service charge of 6.7% of the total purchase. (See a more detailed price list here.)
You’ll want to get a good idea that you can recoup those maintenance and service charges on Ruby Lane before you dive in.
If you want to sell your handmade arts and crafts or vintage collectibles, Etsy has you covered. You pay 20 cents to list an item for sale, then 5% transaction fee on the item’s selling price, excluding shipping. If you use Etsy Payments to process your payment, you will be charged an additional 3% plus 25 cents.
8. Swappa, Glyde, Gazelle
These sites are not so much marketplaces as resellers. They give you a quote on your smartphone, laptop or tablet, then you send it to them.
The sites are quite similar in essence, so you can compare each other’s quotes and find the best deal. You will likely get a lower price for your electronics than if you sold them yourself somewhere like eBay. The draw here is how easily these sites get quick cash for your electronics rather than letting them accumulate dust in your drawer.