Many people in the UK have tons of valuable items that are worth more than they think. This is evident from TV shows such as Cash In The Attic. While not all of us will have antiques that are valuable, it is possible to make a little extra income by selling items on websites like Vinted and eBay.
Melissa Watts is one such seller. She’s a Yorkshire resident and sells items on Facebook Marketplace, Ebay & Vinted. Melissa previously used the University’s work classified pages.
Melissa says, “On Facebook Marketplace, I tend to sell housewares.” “For example, sofas, side tables, lamps, mirrors, garden furniture. To sell clothing, I use eBay. Vinted is also available, but you don’t have to pay commission. I thought it was worth a try. The buyer pays their own shipping.
She also said that you could make a lot of money selling on your work classifieds site if you offer the option of selling electrical items or other things.
TIME TO SELL
Melissa Watts loves her little passive income
Many people may be interested in selling their items to make extra money, but they worry about the time it takes to go through their homes and list them online. Meliss was asked how long it takes her to collect and list her items each week. “It takes me less that 30 minutes per week, unless I have been given a bag of her stuff to sell that week,” Meliss said. It’s not difficult for me. Once you figure out which items to sell and where they are, it becomes a habit.
Melissa suggests that you think about what you want to sell. You never know what someone might be looking for in your unwanted items.
EARNINGS
If you have lots to sell passive income can reach the hundreds. Melissa makes about PS40 per month, which isn’t much but it’s partially the time of the year. It can vary.
Melissa says that although this seems low, Melissa has made as much as PS100 per week depending on the items she is getting rid of. It all depends on what she decides to get rid. It may not be what she needs today, but it could be useful in the future.
SELLING TIPS
Melissa is passionate about passive income.
Melissa shares these top tips to help you get your items on the market.
DETAIL
“Don’t be afraid to give as much information as you can about your item. Otherwise, people will consider you a seller.
Photograph each item in high quality.
PPS, FEES and Postage Costs
“Download the apps for your phone: Vinted, eBay etc. It makes it so easy and you’ll get notifications about your items if you have any questions or sell anything.
Melissa recommends that you check every service before you decide to sell it. Each one has different fees which will reduce your profit margins. You can call them digital overheads. This is a business.
“Be sure to calculate the shipping costs before you sell any items. My first venture was a failure because I underestimated how much it would cost to sell a larger item.
Music Magpie has a scanner built into their app that makes it easier to sell your items. However, be aware that they won’t pay much for everyday DVDs or cods, as they likely have hundreds of similar titles.
You should also be aware that eBay takes a percentage from the item’s value and charges for postage. So adjust your price accordingly.
FINAL ADVICE
Melissa said, “Have fun!” Once you have sold some items, you will get into it. It should be fun and not a chore!
Melissa’s products are available here.
Vinted
Market Place
Ebay
Ziffit is another option, which, like Music Magpie, has a scanner built into the app. You can have fun shopping around to find the best deal.
MoneyMagpie offers a guide on selling on ASOS Marketplace here.
MoneyMagpie: Passive Income Casestudy: “Selling bits can make me PS100 per week” MoneyMagpie
