close
Magazine
Advertisement
 

Make Extra Cash by Selling Online

Almost anyone can be an online seller.

Selling online
iStock
Advertisement

Almost anyone can be an online seller. Most bidding sites involve setting up an online profile, which is then ranked by other users based on your performance and reputation as a seller and buyer. Things taken into consideration include: Do you dispatch items on time? Are your items as described? The more you play by the site’s rules, the more likely people are to buy from you.

What do you have lying around the house?
Selling online can be a great reason to spring-clean. Rather than throwing items away, consider selling online. New items, branded goods, rare commodities or job lots generally sell the best. Research similar items on sites such as eBay, eBid and Gumtree. It’s amazing what people are willing to purchase second-hand.

Do you have a good title and description?
When you’re compiling your description and title, ask yourself, “How will people search for my item?” If you’re selling a Bosch drill, it’s no good using the title “Tool for drilling”. “Brand-new, working Bosch drill” will sell much better. Always be honest, as even when you admit an item is faulty, you’ll be amazed at how many people are still interested. Including the measurements of items where appropriate is also helpful for buyers.

A good-quality photograph is also vital
Services such as eBay will allow you to upload 12 photos free of charge. Taking photos outside can ensure good lighting while a plain background will help your item stand out. Be sure to capture any imperfections so buyers know exactly what they’re getting.



Advertisement

More in Money

Will we still need cash in the future?

Will we still need cash in the future?

Is it possible to leave home without any cash? We take a look at some of the cashless options available in Singapore and Malaysia
5 ways to cut your energy and water bills

5 ways to cut your energy and water bills

Just a few simple adjustments can help keep your bills in check
Save money using credit cards

5 ways you can save money using credit cards

It may sound counter-intuitive but using credit cards can actually save you money
How much should I have in my emergency fund?

How much should I have in my emergency fund?

It’s important to have an emergency fund to deal with any of life’s unexpected troubles. Find out how much you should be saving and how to get started
6 surprising ways you are wasting money
Advertisement