Where do I sell my stuff online?
When you need more customers to buy your merchandise, eCommerce sites and apps come in handy. There are plenty of sites that will give you more exposure, which in turn translates to sales. Let’s look at the top sites where you can sell your stuff and make more money.
Before we look at the sites, it is essential to note that some places charge more fees compared to others. These major sites have more traffic, but you pay more. You need to have your goals in check before you settle on any website. If you want to make quick sales, then major sites such as Amazon are the best, but if you don’t mind waiting and saving on the fees, you can opt for a smaller site.
Here’s our list of top sites to sell your home stuff:
Let’s learn the details of each marketplace and find the pros and cons of every online shopping and re-selling sites out there.
Amazon is a huge platform that allows you to sell your stuff to individuals and even resellers. With Amazon, you can reach up to 300 million customers all over the world who visit this site to buy. You can start selling on an individual selling plan since it is more affordable for a small business then upgrade to professional when the business peaks.
For the individual selling plan, amazon requires you to pay $0.99per item sold plus a referral fee. This referral fee is a percentage of the total selling price plus shipping but without taxes ranging between 8-20%. For video games, movies, and books, you are required to pay an extra $ 1.80 as a closing fee.
When you upgrade to selling more than 40 items, the professional selling plan is the best option. This plan requires you to pay a $39.99 monthly fee without having to pay the 99 cents per item.
eBay is probably the oldest online platform for selling your stuff. You can sell anything on eBay at a lesser fee than Amazon and reach more customers. The fee charged on eBay depends on the type of product, quantity, how many categories you list in, and shipping fees. Basically, to start selling on eBay, you pay a nonrefundable listing fee, an insertion fee to list your item in another category, and a final value fee which is a percentage (mostly 10%) of your selling price and shipping fee. If you are listing more than 50 items in a month, eBay charges $0.30 per extra listing. This site also allows you to promote your merchandise for an additional fee.
Bonanza is a fun, and straightforward place o sell your stuff online. They pride themselves as the number one alternative to eBay in 2020. To sell on bonanza, you don’t need a contract, and listing is entirely free. All charges on bonanza are based on a Final Offer Value (FOV). FOV is what a buyer pays you for each sold, plus anything above $10 for the shipping fee. For example, if your product sold for $30 and you charged $14 for shipping, your Final Value charge would be calculated based on a FOV of $34 (that’s $30 for the item, plus $4 for the portion of shipping fee that exceeded $10). Your total charge will, therefore, be 3.5 % of $34. Make sure you read and understand their terms before you start selling.
Shopify is an all-inclusive platform that allows you to sell, promote, and ship your products by creating an online store. For you to start selling on Shopify, you only need to pay a monthly fee of $29. This site is popular due to its easy-to-use interface and low startup cost. Shopify offers sellers useful selling tools such as social media channels, a blog, and a website. You can also customize your store with third-party apps that work with Shopify.
Unlike the other sites we have listed, Etsy is a bit niche specific with the kind of stuff you can sell. If you would love to sell collectibles, hand made crafts or antiques, then Etsy is the right site for you. This site has excellent traffic that guarantees your sales for your stuff and is also easy to use. Fees charged on Etsy are straightforward and minimal. Every listing is charged 20 cents valid for four months or until the item sells. When you make a sale, you are charged a transaction fee of 5% and a processing fee of 3% plus 25 cents, and that’s all you pay.
6. Facebook market place
Facebook market place gives you a wide audience within your locality but works differently from all other sites. For this site, you are responsible for connecting with the buyer and meeting up to deliver the goods or services. You don’t need to pay listing fees or share a portion of your sales, but this also means you are not in any way protected from scammers. If you are not comfortable handling all logistics such as customer care and marketing on your own, then its best to stay away from this site.
7. Letgo app
Letgo is an app that allows you to sell your new or used merchandise to buyers in your area by posting a picture and price. This app works just like Facebook market place in that you have to handle all the logistics by yourself. For you to sell on the app, you need to:
- create a profile
- select sell your stuff and pick a category
- post a picture of the item plus price
- post and wait for buyers to message you
when someone’s interested in what you are selling sees your post, they will message you, then you can agree on the price and delivery. This app is free to use and can be a good start for marketing your business in your area.
8. Ruby lane
Ruby Lane is a site that brings together collecting enthusiasts. This site is niche-specific, and you can only sell arts, antiques, and vintage goods. The maintenance and service fees on this site are quite high, and you need to be sure you can get back these costs from your sales. This site charges a maintenance fee of $54 for fifty items and below and service charge of 6.7% of total purchase. This site is ideal if your antique business has more stock and is guaranteed to have many transactions within a month.
9. Poshmark app
Poshmark is famous for hybrid clothing for men, women, and children as well, but you can also sell other fashion or luxury items. To sell on Poshmark, you need to post a photo of the item together with a description and your price then the buyers can access your items on the app. Poshmark charges a seller a flat rate of $2.95 for every sale worth $15 and below and 20% of any transaction above $15. There’s also a flat rate of $ 6.49 for every shipping fee that is to be paid by the client. This app is a great selling space for any fashion related business since millions of potential buyers view your stuff.
Ebid is a small platform, but you can reach users without having to pay a listing fee. The site interface is easy to use, and you don’t need to be techy to maneuver and make sales on the site. This site has lesser traffic and is best for items that you are not in a hurry to dispose of. If you want real and fast business, do not rely on this site alone. You can list your items on eBid then promote them on social media to push sales.
Whether you are a veteran in online selling or you are just starting, we advise you to look at these sites to help you expand your business. Before settling on a specific site, make sure their terms are friendly to your type of business. Also, make sure you understand the fees before joining and factor them in your selling price so that you don’t end up making losses. We hope this information will help you expand your business and make more sales.
Here are a few tips to help you sell on online marketplace sites:
- Compare your prices to other sellers and ensure you give a competitive price or a better deal. If someone sells the same item for way too low, you need to compete fairly and gain customers. You can beat them at either product description or after-sales services for customers to keep buying from you.
- Know how to captivate your audience and present your stuff since a site’s traffic doesn’t guarantee sales.
- Be flexible. Selling online sometimes requires you to adjust your business practices to fit in and close sales
- List your merchandise on different sites. Do not just rely on one site so that you can make sales on one platform when the other is not doing well.
With this information and tips, you are guaranteed to make extra income from selling your stuff online.