• How To Make Extra Cash By Selling Your Old Stuff

If you’re like most college students, you probably have a lot of stuff that you no longer use or need.

What some may see as junk could in fact be in high demand. Instead of letting it take up space in your room, why don’t you start selling it and make some extra cash? In this article, we’ll show you how to do just that.

First, take a look around your room and see if there is anything you no longer use or need. If you have any clothes that you don’t wear anymore, try listing them on a site like Facebook Marketplace, Poshmark, eBay, or thredUP. You can also sell stuff like old textbooks, furniture, and electronics.

If you can’t find anything of yours to sell, ask your parents if you can help de-clutter the house. They’ll likely be happy to get rid of some of the “junk” they don’t need, and you’ll make a little extra money in the process.

What To Sell

Clothes

If you have any clothes that you no longer wear, you can list them for sale online. When listing your clothes for sale, make sure to describe their condition accurately. Clothes that are in good condition will sell for a higher price than those that are in poor condition. If you’re not sure what to charge for your clothes, take a look at similar listings to get an idea of how much other people are selling them for.

Textbooks

If you have any old textbooks lying around, you can list them for sale online. You can usually get a higher price for your textbooks if you sell them to students at the beginning of a semester or back to the bookstore, but this requires you to wait until the beginning or end of the semester respectively. If you need the money sooner, try listing them on Amazon or eBay.

Furniture


If you have any furniture that you no longer need, you can list it for sale online. When listing your furniture for sale, make sure to take clear pictures and provide accurate measurements. This will help potential buyers determine if the piece of furniture will fit in their home.

Electronics

If you have any old electronics that you no longer use, you can list them for sale online. When listing your electronics for sale, make sure to include a detailed description of the item, the selling price, as well as pictures. Be sure to mention any flaws or defects the item may have. This will help potential buyers make an informed decision about whether or not to purchase the item.

Where To Sell

Facebook Marketplace

Facebook Marketplace is a great way for anyone to make money online by selling their old stuff. There is no listing fee, and you can reach a large audience by posting in your local community. You can communicate with potential buyers through the Facebook messenger app.

Facebook Marketplace Pros:

  • it is easy to use
  • you can reach a large audience
  • you can connect with people in your local community
  • there is no listing fee
  • you can communicate with potential buyers through messenger

Facebook Marketplace Cons:

  • you may not get as high of a price for your items because people are used to finding bargains to save money on the site
  • there is a risk that buyers will not show up or will back out of the sale
  • you have to be careful about meeting strangers in person

Poshmark

 

 

Poshmark is a great way for anyone to make money online. As a clothing and accessories-based store; so, if you have any old outfits, dresses, etc., then Poshmark is a great place to sell them. It is easy to use and you can reach a large audience. You can list your items for free and there is a flat fee of $2.95 for shipping. After a sale, Poshmark emails you a pre-addressed prepaid shipping label which you can use to send the item out to the buyer. You can also communicate with potential buyers through the app.

Poshmark Pros:

  • it is easy to use
  • you can reach a large audience
  • you can list your items for free
  • Shipping is relatively cheap (under $10 for light packages)
  • you can communicate with potential buyers through the app

Poshmark Cons:

  • you may not be able to put a high listing price for your items because people are used to finding bargains on the site
  • you have to pay a flat fee for shipping
  • there is a risk that buyers will not receive their items or will be unhappy with the quality of the items they receive
  • Poshmark has high commissions (20% on orders over $15)

eBay

When it comes to making a little extra cash, selling your old stuff is a great way to do it. And what better place to sell your unwanted items than on eBay? With over 164 million active buyers worldwide, chances are good that you’ll be able to find a buyer for just about anything you’re selling. Plus, with eBay’s user-friendly platform, listing and selling your items is easy. In addition to that eBay also lets you create and print shipping labels and with their negotiated rates, they let you save money relative to what you’d pay at the post office.

eBay Pros:

  • you can reach a large audience
  • you can set your own prices or have customers bid on items
  • you can communicate with potential buyers through the website

eBay Cons:

  • you have to pay a listing fee and a final value fee if your item sells
  • there is a risk that bids will not be as high as hoped
  • there is a time limit for listings

thredUP

thredUP is another great platform for selling clothes. thredUP is an online consignment store that specializes in clothing and accessories. You can send in your clothes for free and thredUP will sell them for you. You will receive a percentage of the sale price.

thredUP Pros:

  • it is easy to use
  • you can reach a large audience
  • you can send in your clothes for free
  • thredUP will sell them to you
  • you will receive a percentage of the sale price

thredUP Cons:

  • you may not get as high of a price for your items because people are used to finding bargains on the site
  • you have to wait for thredUP to sell your clothes before you receive payment

How To Sell

If you’re looking to make some extra cash by selling your old stuff, there are a few things you need to keep in mind.

Step 1

First, take clear pictures of the items you’re selling. This will help potential buyers get a good idea of what they’re bidding on or purchasing. This is one of the most important aspects of successful online selling. Good pictures will endure you make the most money and stand out from the crowd.

If you’re looking for a way to create stunning product images and ads quickly and easily, Canva is the perfect solution.

With hundreds of thousands of templates to choose from, high-end production value, and easy-to-use tools such as background removal, Canva Pro gives you everything you need to present your products in the best light and make a lasting impression on potential customers.

At just $12.99 per month, it’s a small investment that will pay off big time in the form of increased sales and engagement. Sign up for Canva Pro today and start creating amazing content that will help you boost your online sales. It’s what we use!

Step 2

Next, provide accurate measurements and descriptions of the items. Be sure to mention any flaws or defects the items may have. This will help potential buyers make an informed decision about whether or not to purchase the item.

If you don’t disclose issues, you can end up with returns, complaints, and even bad reviews, which will cost you in the long run.

Step 3

Finally, remember to price your items competitively.

Remember that you don’t make money until an item is sold. It is often best to price items a little under the competitions so that they will move faster.

If you do all of these things, you’re on your way to having success selling your old stuff online!

Congratulations! You Now Know How To Turn Your Old Stuff Into Cash

Now that you know how to sell “junk” online, you’re ready to start making some extra cash! Just remember to take clear pictures, provide accurate descriptions, and price your items competitively. With a little effort, you’ll be selling your old stuff in no time!

Co-Founder Bob Neubert is a serial entrepreneur and educator, currently serving as the Director of the nationally ranked Entrepreneurship Program at the University at Buffalo.