Are your baseball cards from the 80’s collecting dust in your attic in a box next to your childhood Star Wars action figures? Are you unlikely to ever play that Santana album you have on vinyl ever again? Some items might be obvious in their worth, but you’d be surprised to find you have plenty of things that many people would be happy to buy. If you can part with some items, you can make decent money selling them.
Pick Topics You Love, Create Checklists and Sell Them! We all use checklists from time to time. We make lists, we prepare and we plan. Checklists help us do that. But what if you could earn cash just by making these helpful checklists? Guess what, it’s a thing! People actually buy checklists all the time on sites like Etsy and Amazon. Maybe you’re one of them. I know I have bought checklists before — basically, content management checklists to help me keep on track with my blog. Sometimes these have been seasonal topic lists, some have been brainstorming cue lists… [Click to Read More…]
One of the best ways to build a strong business is by solving a customer pain point. Products that solve pain points can be lucrative because customers are actively seeking out solutions to these problems. You'll want to keep in mind that pain points don't always mean physical pain, it can also can include frustrating, time consuming, or poor experiences.
18. CraigsList – Some things don’t ship very well. Other things may make you feel uncomfortable to sell to someone across the country. Anytime you’re selling a large item or something you just don’t want to ship, Craigslist is a great place to go. It’s simple to list your item (again, take good pictures!). If you don’t like the idea of putting your phone number out there, the interested individual can send you a message to your inbox without even getting your email address.
Make sure your investment portfolio is well-diversified. This means you should invest in both stocks and bonds as well as different sectors like technology, banks, and consumer goods. Also, consider alternative investments. Masterworks gives investors the opportunity to invest in fine art, which has outperformed the S&P 500 by more than 250% since 2000.
21. Facebook – Facebook swap shops are great for selling things locally. It’s like CraigsList, but a little easier. You simply search for swap shops in your area and ask to join the group. Once you’re in, take a picture of the item, write a quick description with the price and post it. It doesn’t get much easier than that. You can generally expect to get about what you would get at a yard sale, maybe a little more.
Shipping. You will only have a few days to ship a book after it sells, and even less time if you agree to include two-day or overnight shipping as part of your options. And since you’ll want to save as much as you can on the shipping, you’ll have to devise a plan. Many people set aside specific days for shipping – say 3 days a week – and then make one big trip to the post office. As long as there isn’t anything else in the package, you can send books via media mail, which is the least expensive option. Finally, your books will need to be packaged in a way that they won’t get damaged in transit.
Consider selling in lots. A lot is a collection of similar items that is sold in a group. For example, if you have a collection of books, magazines or similar pieces of jewelry, consider selling them all at once in a lot. You many not make as much money as you would have if you sold each item separately. However, the items will likely sell more quickly in a lot than they would individually.[29]
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