Wednesday, January 13, 2010

Watching Your Wallet: Buying and Selling Used, Part 2

Published on http://www.aggietownsquare.com on September 16, 2009.

It's so cliche' but very true: "One man's junk is another man's treasure." When looking through places like D.I., KSL classifieds, Craigslist and e-Bay, I have been absolutely amazed at what people are selling. Try it out right now. Think of a random, obsolete item you've been wanting or looking for new, and search for it at one of the Web sites above. For example, I've been wanting a coat rack. Type "coat rack" into the search engine on KSL classifieds and you find 10-15 used coat racks, anywhere from $10 to $200. I found one I liked for $15, comparable to a coat rack on Google Shopping for around $60. Bingo!
Now, think about things you have laying around your place that you don't use, don't like or want to get rid of. Instead of chucking them, leaving them in the corner, under your bed or in the attic, set up an account on KSL.com, e-Bay or Craigslist and sell your items there.
Tips for selling online:
-As a general rule, don't sell broken, stained or just plain old useless junk. There is a market for junk but not broken or ruined junk.
-Reasonably price your item. Look at what similar items are being sold for online and price accordingly.
-If you're selling a desk, don't just list in the title line as "desk". There are hundreds of desks being sold online – list your item as something unique and memorable that will stick out in people's mind. Some examples are, "Spacious, beautiful white desk" or "student desk with lots of shelves."
-Be honest and give details. Be the "dream seller" you'd like to buy from.
-Post a picture. Most people won't even look at an item if they can't see what it looks like or what kind of condition it is in.
-Make your listing professional. Use correct punctuation, grammar and spelling and make sure the ad is clear and concise.
-Really sell your item. Think of the words and phrases companies use to grab your attention and make you want to buy an item.
-Your item will sell better if people know your price is negotiable. List "O.B.O" (or best offer) after your asking price or "will take reasonable offers".
-Spread the word that your item is for sale! Add a link to the ad on your Facebook or Twitter and tell your friends about it. Even if they're not interested, they may know someone who is.
-Be organized when someone comes to look at your item. If you have manuals, paperwork or maintenance records for the item keep them in a nice folder for a fast turnover. If you're selling on e-Bay, ship the item promptly and carefully.

What experiences do you have selling items online? Any tips you'd like to add? Share below!

Tip of the Week: Utilize the blessed Cinefour on 2297 N. Main Street. Instead of paying $8 for a movie, be patient, wait for it to go to this cheaper theater and go for $3.

Each week I'll be sharing a tip or bargain of the week – ways to save money or make the most out of it. Got an idea or heard about a discount? Please comment below or send me an e-mail.

-karlie.brand@aggiemail.usu.edu

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