Are you saving up for a big move or an expensive item you’ve been wanting? Maybe you’ve had unexpected expenses or simply need a change of pace. Did you know you can make money simply by selling items online? Whether you’re clearing out space in your home or creating an entire business endeavor, knowing the ins and outs of online selling will help you be more successful. Use this quick guide to determine your course of action.
Know What You Want To Sell
Do you know what you want to sell? If you’re looking to downsize your personal belongings, whether you make money depends on how valuable your items are. Real jewelry, designer clothes and shoes, or high-quality electronics often sell well. If your items don’t fall into these categories, the profit may not be worth the effort.
Luckily, there are plenty of other options. Where do your talents lay? Perhaps you have a marketable service. Stock photography, art, writing, and blog or website templates are all popular services. You can also consider products to sell that people buy often, such as wireless phone chargers, keto supplements, and print-on-demand t-shirts. Keep in mind that you must have a startup income to sell these items in many cases, though.
Set Realistic Expectations
Selling products or services online isn’t going to help you get rich quickly. However, with patience and dedication, it can be lucrative. Expect to set aside time each week to list your items. Remember, high-quality photos, informative descriptions, and clear pricing is the key to bringing in customers. To be truly successful, you’ll also need to know about search engine optimization or hire someone who does to write your product descriptions. This helps your listings to gain traction on Google and other search engines.
Decide Where To Sell Your Items
Selling your items on the right platform is also important for success. If you plan to sell products or services as your main source of income, you’ll likely want to have your own domain name. Years ago, the only domain names available for businesses were .coms. These days, you have a wide variety of options. You can even purchase a domain name that ends in .store. If you’re selling a range of items, choose a domain name that reflects that and uses keywords like “buy” or “sell.” If your products or services are more targeted, use relevant keywords in your domain name.
Perhaps you only want to sell merchandise online to make a few extra bucks. The internet features more than 400 marketplaces that allow you to list and sell products via websites or mobile apps. Amazon, Etsy, and eBay are common examples, but Google Express, Mercari, and even Walmart’s marketplace are making waves these days. Marketplace platforms are a good choice if you want a space that already has a shopper base, is credible, and provides an easy-to-use interface for uploading your products.
Advertise Your Products or Services
Advertising is essential whether you purchase your own domain or use established marketplaces to sell your products or services. In addition to using current search engine optimization techniques for your product listings, you’ll need to use other methods of advertising to gain customers. Consider blogging, creating Facebook, Twitter, and Instagram pages for your products and services, and telling your friends and family members about what you’re doing. Depending on your startup budget or needs, you may also consider paid advertising on Google or social media platforms.
Of course, advertising and high-quality products and services are only part of the equation. Remember to provide excellent customer service as well. Responding quickly to questions, shipping items on time, and providing tracking numbers will help you solidify a strong reputation in the industry and gain more lucrative rewards in the long run.