How to make the most money while selling online
1. Take high-quality photos
No one will buy your item if you take a dimly lit or blurry photo. You're able to upload multiple photos to all of these platforms, so be sure to take pictures from various angles.
If the item you're selling has a flaw, be honest about that in the description, so the buyer isn't surprised and disappointed later on. You can take a photo of it, so the buyer is aware of what they're receiving
2. Set competitive pricing
Always check to see what other sellers are listing similar items for. Keep in mind these tips:
- If the item is high in demand, you may be able to set your price a little higher than average to make more money
- If the item is not in demand or has a lower value, set your price below what others are selling it for so you will be a buyer's top pick
3. The more you sell, the more you make
If you're really looking to make extra money, you may have to get creative about what you're selling. I
Other tips to keep in mind while selling
- If you make an online transaction using PayPal, Venmo, Zelle or a site like eBay, you have to report your earnings if you make over $600. Find out more from your tax professional or on the IRS website.
- Choose the best platform for your item. There are also other apps like Poshmark and Mercari that specialize in re-selling clothing, so test the different platforms to see where you're most comfortable selling your items.
- Always be on the lookout for scams. If the transaction seems too good to be true or a buyer offers you more money, avoid selling to them.
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