Sharing insights since on carefully saving money, investing, frugal living, coupons, promo codes because the little things matter in achieving financial freedom! One time, my husband and I sold an old Jeep for his grandfather. Taking photos of the Jeep and listing it on Craigslist took less than an hour. Just recently, a realtor friend needed to sell everything left over from a house. These people have a skewed perception of how much their items are actually worth. For example, a friend wanted me to sell some dolls that were purchased at a very high price thirty years ago. That was way less than what she wanted to sell them. I tell her that it might not sell, but I list it on Craigslist. How to make money selling other peoples stuff do it as a favor. My answer is the majority of the time. Finally, let the person know realistically how much their item will sell for, based on recent sales. I shared my successful selling stories with you; now I want to hear yours!
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Ah, the wonders of eBay. Millions of auctions, buyers and sellers attest to its allure. Whether it’s a vintage Star Trek lunch pail discovery for one diehard Trekkie or a mother’s way to declutter her house, many have found eBay to be the answer for buying or selling something. In fact, eBay addicts search for just about anything and everything their hearts desire, and sellers can turn a little side income into a full-blown business. But for the crop of eBay fulfillment franchises popping up, the real opportunity is found in the untapped numbers of people who wouldn’t mind someone else doing the selling for them. While eBay’s Trading Assistants Program , launched in February , enables individuals to assist others in selling items on eBay, franchises such as iSold It, Snappy Auctions and QuikDrop execute that concept on a grander scale. They actually have locations, sometimes called eBay dropoff or consignment stores, where customers can bring in their items for the businesses to sell. Hani Durzy, senior manager of corporate communications at eBay, says these fulfillment franchises hit critical mass around nine to 12 months ago. Murray Meade and Jack Reynolds’ first indication of an opportunity for their QuikDrop International franchise came with the decline of their other business.
4 Ways To Sell Other People’s Products Online
In , we were corporate professionals trying to figure out our future. If someone had told us what was about to unfold, we wouldn’t have believed them. She’d just been fired, or to put it another way, she was passed her use-by date and had been traded in for a younger model. On the long flight home to London, we both began to realize we were absolutely fed up with the corporate rat race and badly wanted to escape.
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And if so, how? Selling products from other people sounds pretty cool, but, you have to find an approach that works and that gives you a good return for the time and money you put into the process. In some cases, you might use a third-party site like Clickbank or Etsy , which would host your listing and provide a lot of the functionality that you need. If your product was digital, your product could even get sold and distributed through that same site. You can also sell it through your own website using checkout plugins with WordPress , or a digital storefront like Shopify. One outcome of selling digital products is that it becomes fairly easy to scale up your earnings. At the same time, selling online gives you the potential to reach a large audience of people — many more than you could hope to reach if you were physically selling products. The days of door to door salesmen is over! Personally, I find that the ability to quickly scale is one of the most powerful things about online business.
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Selling products from home can be a great way to earn extra income without committing to the strict hours of traditional employment. If you want to work on a flexible schedule, have independence and autonomy in your work, and get paid based on how successful you are, then selling products may be a good job opportunity for you. To make money selling other people’s products, consider doing affiliate marketing if you already have a popular blog or website.
With affiliate marketing, you can just advertise other people’s products on your blog or website and get a small percentage of the profit. If you don’t have a blog or website, or if you’re looking to earn more money, look into direct sales or multi-level marketing opportunities, where you’ll sell other people’s products directly to customers. For tips on how to choose a good product or company, read on!
To create this article, 32 people, some anonymous, worked to edit and improve it over time. Together, they cited 19 references. This article has also been viewedtimes. Categories: Selling Making Money Online. Log in Facebook Loading Google Loading Civic Loading No account yet?
Create an account. Edit this Article. We use cookies to make wikiHow great. By using our site, you agree to our cookie policy. Article Edit. Learn why people trust wikiHow. Author Info 19 References Updated: June 24, Learn more Decide between affiliate marketing and direct sales. Affiliate marketing is essentially selling through advertising without ever having the product in your hands.
Direct sales, also known as MLM Multi-Level Marketing[1] involves being an agent or a contractor for a particular product and selling it for the company. This requires a particular type of personality that not everyone.
Choose a reputable company. Research the company or product that you are planning to represent before you begin working with. Avoid pyramid schemes and scams. If a company seems too good to be true, it might be. Be sure to avoid pyramid schemes, which are illegal «companies» that encourage you to invest money, then recruit other people to invest money, but generally have no actual product behind.
If something says it will help you «get rich quick,» it probably won’t. Many such companies can actually cause you to lose money. Find a product you believe in. It will be far easier to market or sell a product that you actually believe in. Many companies may offer you a sample, or you can find another person who is doing the type of marketing or sales that you are planning to do and buy a product from.
Research fees and quotas. Be sure that you are fully aware of any start-up fees, transaction fees, or sales percentages that the company you are working for will take from your compensation. Select a product that you think will be successful. In addition to believing in the quality of your product, you should feel fairly assured that it will sell. Reach out to friends and family. Your friends and family are the most obvious first stop for your marketing, particularly for direct sales.
Try to approach them with a low pressure but thorough sales pitch. You may even want to ask your friends and family to give you feedback on how to improve your sales strategy when you expand it to a how to make money selling other peoples stuff audience.
Use caution when approaching close friends and family; you do not want them to feel like every time they see you, you are trying to get their money. Develop an online presence. You should have a neat, professional webpage that offers information about your products with easy links for ordering and paying for products. Use social media websites to expand your social network and find a larger customer base.
Go door-to-door. Even if it is a little old fashioned, you should go door-to-door in your neighborhood. Additionally, seeing your hopefully high-quality product s in person will help people feel confident about what you are selling.
Be sure you are not violating any non-solicitation regulations. Dress well and act professionally so that people are not suspicious of you. Having a product that people have heard of may also help build trust among potential clients.
Tap into large marketplaces. There are online marketplaces that will allow affiliate marketers or sales representatives to advertise and sell their products.
Affiliate marketplaces may be best for very niche products without much competition. Be consistent and timely. Be sure that you communicate with your customers what happens after they place their orders, when and how their payments will be processed, when their orders will arrive, and how they will ultimately receive their orders. Do everything within your power to meet expected deadlines, but communicate clearly and concisely about unexpected delays. Communicate with your buyers.
One of the most important ways you can keep buyers happy is to communicate with them clearly. Keeping customers happy, keeping your seller ratings high, and encouraging repeat business should be your biggest concern as a seller.
Ask buyers for referrals. Once you have established a sales relationship with a core group of buyers, ask them to refer you to. You may want to have one or two people write testimonials for you and the products you represent to feature in your website or print materials. You can also ask people to host informal get-togethers with their friends to market your products. Recruit more sellers. MLM companies are set up so that if you recruit other sellers, you get paid a percentage of their sales as well as your.
If your product or organization works that way, you may want to invite some of your trusted regular customers to also become sellers. Act professional. Always act professional when you are selling or advertising your product, even while pitching it to family or close friends.
Remember that when money is involved, business often trumps friendship, and you should act as though you are engaging in a business transaction, not a friendly favor. Encourage repeat customers. Follow-up with customers who placed orders to be sure that they are happy with their products and to inquire about further needs. Try to make personalized suggestions to customers based on their past purchases. Try to be sensitive to any budget constraints and be consistent when offering products.
Yes, there is. You need to be a certified distributer to sell another companies’ products. Yes No. Not Helpful 3 Helpful Tom De Backer. Most countries require a minimum age before you are allowed to generate income from a professional activity. This age depends on the country where you live, but is usually between 18 and 21, and sometimes younger, with parental permission. Not Helpful 0 Helpful 3. Include your email address to get a message when this question is answered. Already answered Not a question Bad question Other.
Tips Try to build up business without alienating your friends, family, and neighbors. Direct your marketing to people who you know would be interested in your products. Have a friend or legal consultant read through legal paperwork or agreements that come with any MLM or affiliate marketing relationship. Related wikiHows. Article Summary X To make money selling other people’s products, consider doing affiliate marketing if you already have a popular blog or website.
Did this summary help you? Did this article help you? Cookies make wikiHow better. By continuing to use our site, how to make money selling other peoples stuff agree to our cookie policy. About This Article. Co-authors: Updated: June 24,
Selling products from home can be a othr way to earn extra income without committing to the strict hours of traditional employment. If you want to work on a flexible schedule, have independence and autonomy in your work, and get paid based on how successful you are, then selling products may be a good job opportunity for you. To make money selling other people’s products, consider doing affiliate marketing if you already have a popular blog or website. With affiliate marketing, you can just advertise other people’s products on your blog or website and get a small percentage of the profit. If you don’t have a blog or website, or if you’re looking to earn more money, look into direct sales or multi-level marketing opportunities, where ro sell other people’s products directly to customers. For tips on how to choose a good product or company, read on! To create this how to make money selling other peoples stuff, 32 people, some anonymous, worked to edit and improve it over time. Together, they cited 19 references. This article has also been viewedtimes. Categories: Selling Making Money Online.
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