Thinking about selling leftover stuff on-line?

If you are considering selling on-line, there are both pros and cons to the process. Thinking these through carefully will give you a decision that you will feel good about. Understanding that there are alternatives for handling your items leftover after cleaning out your space, will help you make an informed decision. It is very smart to think of all the avenues for getting rid of the clutter in your home, including donating stuff you don’t want anymore, or just throwing it away. Planning correctly will leave you with a sense of peace and calm. You will feel good about your decision.

First, lets look at the good parts of selling on-line. The good part is that you make money on the stuff you have decided to let go of! Isn’t it wonderful that somewhere in the world there is someone willing to take that used tee shirt off your hands for five bucks. The internet can make the world seem like a huge garage sale! This would be the second good part. The second good part is that theoretically your customer base is larger. But beware, this isn’t always the case. The internet is divided up into websites. If you post your tee shirt on a website, you are limited to the people who search for that specific website selling five dollar tee shirts just like yours. The internet is organized and not a seller’s humongus garage sale!

Furthermore, another draw back of selling on-line is that it costs money to make money. Hopefully, when you are finished with the sale, you will still have money leftover after you pay all your bills. This would be ideal and something to think about seriously.

Moreover, another problem with selling on-line is that a larger audience means, as a seller, you must be better educated in selling legally anywhere in the world. This means that you can sell legally no matter where in the whole world your customer resides. This can be a little daunting in my book. The laws for selling are not the same in all the countries around the world. This means that you will have to learn how to sell legally in any country outside the United States. So even though you have a larger audience, it may not be worth your while to tangle with foreign customers. It is not because you don’t care about the people or because you don’t like foreigners; but rather it is because the educational process will convince that you need a PHd in international trade law! Hiring an attorney might be an option, but it gets a little pricey for a tee shirt you want to sell for five bucks! In other words, the reality is that your customer base is actually very limited out of necessity and not for any other reason.

Let’s go back and take a closer look at the websites that sell used five dollar tee shirts just like yours. Some of them have the means to hire the legal professionals necessary to sell anywhere in the world. But help like that doesn’t come without a price tag. Therefore, it is necessary for the website owner to pass on the cost of the hired help. This may make the cost of selling your five dollar tee shirt go up. It may even be that your five dollar tee shirt will cost you ten dollars to sell. This would be a tragedy for me because the whole purpose of selling is to make money.

Another thing to think about is whether there will be enough interested customers traveilling to the website that your tee shirt will get alot of exposure and thereby sell quickly. The websites I have visited made me hold onto the product until it sold. Initially I got alot of interest in the stuff I tried to sell. But the longer the item was listed, the less interest I generated in the merchandise. It would defeat the purpose of reducing clutter if you hung onto your tee shirt for another year. You have already made the investment in time, effort, and money to declutter your space, so it doesn’t make too much sense to keep dragging the process out for an undefined amount of time. I haven’t seen a website yet that will guarantee your tee shirt will sell in an hour or less! So it may be best to consider off-line selling avenues; or to try selling for a limited time on-line, a limited time off-line, and then donating the unsold item, or throwing it away. Good planning is key to living with your decision without regrets.

In conclusion, selling on-line can be beneficial. It can put money into your pocket for items that are sold. But be careful, as selling on-line can also have disadvantages. The learning curve is very steep and hard to master. There may be unexpected expenses that eat away at the amount of money that goes into your pocket. There may be unforeseen delays in selling the merchandise. These are the same issues that are faced off-line, but because the customer base seems to be so much bigger, when selling on-line it might seem like you can overcome the same obstacles on-line that you face off-line. Just be sure to set clear time limits for your items to sell whether you sell them on-line or off-line. If they don’t sell, consider donating the item or throwing it away. Good planning is the key to success.

This article is written by Sharon at The HOS Systems. 2020. All rights reserved.