Are you looking to make money with mini storage auctions? If so, you need to find a way to resell what you buy. After all, that is how you make money. While you do have a number of different reselling options, eBay is often regarded as one of the best.
If you want to resell your winnings from a mini storage auction on eBay, it is best if you are already an established eBay member. This is due in part to scams. Some people will post items for sale that they don’t actually own. This does make consumers leery of doing business with someone who is new to selling online.
Storage Unit Auctions and eBay- A Great Place to Sell
On that same note, if you aren’t an eBay member, you can still make money on the website. You can make a few purchases first. These purchases will appear on your account and show that you did pay for them on time. This is a sign of someone who can be trusted. You can also start out listing small, low-priced items for sale to help you build up your feedback. Items that are small in size and in price means less risk for buyers. Once you have established feedback, start selling the valuables.
When reselling merchandise you purchased from a storage unit auction, it is important to keep fees in mind. You are charged multiple fees for selling on eBay. These fees will cut into your profits, but there are some ticks that you can use. Study the eBay fee scale, which is available on their website. Did you know that if you sold a piece of jewelry for $25 it would cost you about .50 cents more in insertion fees than if you sold that same piece for $24.99? It would.
When selling on eBay, pictures are important. Consumers do not like buying products that they cannot see. For that reason, be sure to take lots of pictures. eBay will charge you a fee if you post more than one picture. The trick is to use free photo sharing websites. You can upload your extra photographs to those websites. Then, obtain a code that lets you embed the photographs into you eBay descriptions, free of charge!
One of the reasons why eBay.com is a great place to sell merchandise you purchased at a mini storage auction is because it is one of the most popular online marketplaces. Millions of consumers visit eBay looking for quality, yet affordable merchandise to buy. This can work to your advantage. It means that your for sale items are likely to get more views, especially when compared to setting up a table at a flea market or hosting a yard sale.
The popularity of eBay can also work to your disadvantage. Many individuals see it as a way to make a quick buck. If you perform a search on eBay for common home décor items, such as picture frames, you will see thousands of items available for sale. You need to compete with these others sellers. Before listing an item available for sale, such as a wedding themed picture frame, look for similar auctions. List when there isn’t as much competition.
You will also want to take seasons into consideration. If you do not have a lot of storage space in your home, you may want to resell your purchases as quickly as possibly, but you can lose money by taking this approach. If you have a box full of winter clothes, don’t sell them in spring or summer, wait until fall. Selling items, especially clothes, in season, can increase the selling price and your profits.
If you keep the above mentioned tips in mind, you should be able to profit from the resale of items you purchased at a mini storage auction. Since most items on eBay must ship, you may want to look for alternative methods of reselling for large household appliances and furniture. One of those alternatives is Craigslist, go here to learn more about Making Money with Storage Auctions and Craigslist.