Sell Your Possessions – Online

Photo by Sodahead

 

 

Online


The world, she has a changed.  For every possibility or opportunity in the real world you'll find its digital equivalent (or near too it).  Selling your possessions online is now an everyday common occurrence.  There are countless platforms, websites and online methods at your disposal.  For to many to list.  We can however go over a few of the options, highlighting key points.


Listing Services vs E-Commerce Sites


There are two main methods to sell your possessions online.  These are list services and e-commerce sites.  Listing services are just that.  They are kind of like your local classified sections.  In fact your local papers should have a digital version of their classified ads sections (if not having completely replaced it already).  E-commerce sites are a list service plus an online store for customers to purchase your items.  Each of these have benefits and drawbacks.


Listing Services


There are several large list services available such as Craigslist, FreeCycle , Sell.com, Google Base, the Facebook Marketplace App and Vflyer .  Though Vflyer also has e-commerce functionality.  All of these sites have a high volume of traffic and potential customers.  

Many regions, predominantly around cities and their outlying suburbs have their own local flavor of service in the form of neighborhood e-zines and community websites.  These regional sites along with those offered by our local paper guarantee focused advertising to a smaller demographic, yet closer in vicinity.


Time Considerations


Little up front work required when signing up to advertise.  Some services require a fee to join.  A few services allow you to list small price items for free while requiring a fee for larger items such as furniture and cars.  Responding to inquiries and coordinating the pick up or drop off of items consumes the most time.  

Negotiating prices is a close second in time consumption.  Negotiations can be tedious if you don't stand firm with your price, and mention it is non-negotiable in your ad.  You can waste hours of time just haggling with people over a few dollars.


Profit


There is a large berth for profit here.  In many cases these list services have less competition than their e-commerce counterparts.  This is true for unique or expensive items, though the downside is fewer potential customers.  When using a free service, expect a large contingent of bargain basement shoppers who will expect a great deal and balk at a otherwise reasonable price.  The costs of transportation or shipping must be taken into account, as well as who is bears the costs (buyer or seller).


Size and Volume


There isn't much difference between these services or e-commerce sites.  One exception to this is large, expensive items such as vehicles.  E-commerce sites are more strict about taxes, regulations and the legality of purchases since the exchange takes place, at least in part, on their system.  

Small or inexpensive items are best sold in bundles or sets.  The cost of transport deters the shipment of smaller items.  Try bundling books, DVDs, dish sets and like items together.  Mystery boxes filled with an assortment of items work for getting ride of many smaller items and pique interest of bargain shoppers.


Living Situation


No such limitations here.  Those living I rural areas will find limited postal service for shipping larger items and a reduced customer base.

 

 

Are there any methods or different  ways you have found to sell your possessions online?

About Author

Post by Kurt Trumble
The Low Down:

Kurt grew up on Long Island in New York. He spends his time learning emerging open source technologies and social media. He runs Travel With Drupal, focused on Drupal webdesign and blogging. (http://www.travelwithdrupal.info). Beatnik literature and The Beatles top his list of interests when not backpacking around.