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One of the easiest side hustles for beginners is selling items through online listing sites. Here are some of the top tips you can use to start and grow your eBay, Poshmark or Craigslist side hustle.
To get the feel of selling online, you can begin by selling items around the house you don’t use anymore. For an eBay or Craigslist side hustle, some of the top items to sell include yard tools and electronics. If you’re interested in a Poshmark side hustle, you can start by cleaning out your closets. Some Poshmark users make multiple thousands of dollars simply by selling clothes they no longer need or want.
At this stage, the point is just to learn the basics of the business. You should get used to creating listings, taking excellent photographs and packaging your items for shipping. Pay attention to which items sell quickly and which ones sit in your inventory. This information can help you source products that will sell well in the future.
Needless to say, you won’t be able to keep going for long just by selling items from your own home. To get more inventory, begin attending local yard and estate sales. For a Craigslist or eBay side hustle, continue to look for tools, home goods, and electronics. You should also be on the lookout for antiques and collectibles. These items can go for considerable amounts of money on eBay.
If you’re mainly building a Poshmark side hustle, yard sales are still great options for sourcing inventory. Entire tables of low-price clothes are major features of most garage sales. Many of these items will be perfect for selling on Poshmark.
Thrift stores can also be excellent sources of inventory, especially for a Poshmark side hustle. At many thrift stores, you’ll find racks of inexpensive, lightly used clothing that can sell for considerable profits. Don’t focus exclusively on the clothing section, though. Thrift stores also carry home goods, electronics and tools that can supply your eBay or Craigslist side hustle. Selling items from thrift stores is a great side hustle strategy if you’re a mother with younger kids, since you can bring your children along with you while you shop.
It’s also worth looking into buying in bulk at thrift stores. By offering to buy items in bulk, you can often get a lower price per item. There is some risk involved. But, you’ll likely end up making more money by the time you sell through the entire lot of items.
For an eBay side hustle, an easy way to add inventory and make extra money is by selling used books. Books are extremely easy to list on eBay. Ease of shipping also makes them a natural choice for sellers who are still getting started in online product sales.
To find inventory at low prices, attend book sales at libraries in your area. Libraries often sell books for $1 or less to make room for new titles. At these prices, you can make several times your initial investment back after fees and shipping. A few good hauls from library sales each year can help make your eBay side hustle much more profitable.
If a store in your area is going out of business, its inventory could help you earn money. Most businesses end their lives by attempting to rapidly sell any remaining inventory at steep discounts. A going out of business sale is a great opportunity for you to buy up a large inventory for your eBay, Craigslist of Poshmark side hustle. If you have the money and space to store the merchandise, you can supply yourself with dozens or even hundreds of profitable items to sell from a single source.
As you buy inventory, you’ll likely come across items that are potentially profitable but too heavy to ship. Shoppers often use Craigslist to find used appliances and furniture locally. If you find these items, consider selling them through your Craigslist side hustle. Depending on the size of the item, you can offer local delivery or free pickup. You will likely not sell these larger items in high volumes. The profit per item, though, should be enough to make it worth your while.
Although yard sales and thrift stores are good sources of inventory, you should also search clearance racks at large retail stores for items to sell. Stores often discontinue products or need to make room for new seasonal displays. To make room, they’ll often attempt to sell old merchandise for rock-bottom prices.
Clearance sales can give you a steady stream of inventory with plenty of margin for profit. This sourcing method is most relevant to an eBay side hustle. You’ll also find good merchandise for your Poshmark side hustle. In some cases, you can also use the same deal stacking strategies to get great prices on items you plan to sell.
Finally, you should try to sell on more than just one platform. Selling on several platforms can help you increase your sales, compete more effectively and reach more potential buyers. Even if you’re mostly focused on a Craigslist side hustle, for example, continuing to build your inventory on eBay and Poshmark will diversify your income. With more places to sell your items, you’ll have an easier time earning a significant side income.