Looking for great platforms where you can make money selling used items in your locality or anywhere in the world? This article has the information you need.
Making money most of the time doesn’t require you to come up with lofty ideas with glossy projections. There’s a ton of money in the simple, often neglected things we see every day. The phrase “there’s cash in trash” holds a deep meaning to shrewd business people who know how to spot treasures where others see trash.
People have lots of valuable, limited edition clothes and items lying around uselessly in their closets and storehouses. Imagine selling expensive Gucci, Louis Vuitton, or Dior clothes at a great discount off the original price. People will most definitely rush to buy it. That shows there’s a ton of money in the resale market.
As a side hustle, you can make thousands of dollars selling used items in the US. It’s even easier with different platforms like eBay, Facebook Marketplace, Amazon, etc. You simply need to source for these items, brush them up, and put them up for sale, and you’d have your phone buzzing with orders.
5 Best Platforms for Selling Used Items
There are many platforms and apps where you can sell used stuff in the world, but these stand out from the rest:
1. eBay
Founded in 1995, eBay has become one of the oldest ecommerce platforms in the online marketplace. Not just among the oldest, it’s also recognized as one of the go-to platforms for selling used items. This is evident in its 135 million plus users worldwide and the over 1.7 billion active listings on the platform.
You can sell almost anything on eBay, from brand new and used items to homemade goods. However, the platform restricts sales of items that violate its laws and infringe on any intellectual property. What’s more, there is no limit to the number of listings you can have on eBay. You can list up to 250 items for free and pay $0.35 for every subsequent listing. But to be permitted to list so many items, you must have established credibility on the website through ratings and feedback scores. Before this, you’d be restricted to a maximum of 10 listings with a total value of $500 per month.
eBay enables buyers to make payments through different methods, thereby making it easy for you to sell to people from different parts of the world. What most sellers like more about eBay is the way it handles the end-to-end payment process and offers its sellers countrywide and international shipping options.
2. Facebook Marketplace
Facebook Marketplace is one of the best platforms to sell household items like furniture, glassware, and kitchen utensils. You can sell virtually everything on Facebook Marketplace, but most vendors see it as the best platform for large items. This is so that you can sell to nearby customers without worrying about shipping and payment issues by using the Facebook location feature.
As a side hustle owner, the Facebook Marketplace provides you with a diverse set of customers – people of different ages, locations, and income levels. For a platform that attracts over 1 billion monthly users, Facebook Marketplace is a great place to make money selling used items.
Provided you have a Facebook account, you already have access to the Facebook Marketplace. When you create listings, prospective customers can contact you via Facebook Messenger or request more information on the post. The good thing about Facebook Marketplace is that it gives you access to post your goods on other Facebook platforms. If you have a page or group, you can share the items you post on Facebook Marketplace with them for more visibility.
To think that Facebook charges only 5% of the total amount made from goods worth over $8 and $0.40 for goods worth less than $8 shows how much of a steal the platform is.
3. Depop
If selling used and fashionable clothing to the younger generation is your side hustle, then look no further than Depop. The platform has over 26 million users in over 150 countries, with 90% of the users being under the age of 26. The Etsy subsidiary is a standalone marketplace for fashion items, community, and creativity.
Depop has vintage, streetwear, one-of-a-kind, and Y2K as its best fashion categories. You can tap into the community of fashion lovers by sourcing for these categories of items if you don’t already have them in your store. However, whatever style of clothing you choose to sell, you’ll find buyers looking for items like yours in the community.
What is more fascinating is how easy it is to sell on Depop. You simply need to create your profile, list your items, sell them, and get paid. Because of its strong sense of community, Depop has a seller team devoted to assisting you in making money on the website.
It’s completely free to list your items on Depop. However, when you make a sale, you pay a 10% fee on the total amount.
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4. OfferUp
As a side business owner, OfferUp enables you to sell your stuff without leaving your home or office. This is great, as logistics is a time-demanding business process. So you might find it difficult to combine your side hustle of selling used items with your job or main business.
You can sell any category of item on OfferUp, from electronics to clothes to household items. You can even sell cars, trucks, and other large items on the platform. With over 44 million users on OfferUp, you can instantly get buyers for your products.
To encourage trust, OfferUp encourages in-person transactions between buyers and sellers. So you can finalize deals on the website and meet up with the customers to exchange goods and cash. The meeting location might be your home, office, or any other place agreed upon between you and the buyer. This eliminates the need to ship items and saves you on shipping costs. However, at 12.9% of the item price, OfferUp can handle your shipping demands to distant locations.
5. Swappa
Swappa is the place to go to sell your used phones, electronics, or other technology gadgets. The platform was specifically created for users to buy and sell technology. So it’s easier to have that used phone, camera, or video game sold on Swappa than on other general purpose selling platforms.
However, Swappa has strict rules against selling broken items. In fact, it has a strong verification system that vets every listing on the site before approving it. This is to ensure no one sells broken items on the platform. However, if your item is broken, and you still want to sell it on Swappa, the Swappa Repair Network can come in handy.
Swappa has grown to be the ultimate used tech marketplace for most people, as over a million people trust it with their purchases. Selling on Swappa is easy. You simply have to create an account, link your PayPal account, and then proceed to the Swappa Sell page to make your listings. Perhaps Swappa charges the lowest fee among all online marketplace platforms. Each party, the buyer and the seller, only need to pay a flat 3% sale fee to complete the transaction.
Which Platform Are You Listing Your Used Items?
Selling used items as a side hustle is less stressful if you’re using the right platforms. Tons of people are making money selling used items on various platforms without their jobs or prime businesses being affected.
Therefore, whether you’re selling small or large items locally, nationally, or internationally, there’s a platform in this article for you. Read through them and choose the one that meets your specific requirements.