Quick Answer: How Do You Price Used Items?

Follow these six tips for how to price your secondhand goods and you’ll be on the right track:

  • Know the current retail price. Start by identifying what the item sells for when it is new.
  • Mark it down mentally.
  • Add a sentimental drawcard.
  • Check out your competition.
  • Factor in postage costs.
  • Set your price but stay flexible.

How much should you sell something second hand?

Apply 50-30-10 RULE: Near-to-new items should be sold for 50% of their retail price; slightly used items at 25-30% of retail, and well-worn items at 10% of retail.

How do I figure out what I want to sell?

Ways to Find a Product to Sell

  1. Solve a customer pain point.
  2. Appeal to enthusiastic hobbyists.
  3. Go with your personal passion.
  4. Consider your professional experience.
  5. Capitalize on trends early.
  6. Read customer reviews on existing products.
  7. Find product opportunities in keywords.
  8. Litmus test before you launch.

How do you price things on Craigslist?

20 Important Tips for Selling on Craigslist

  • Do Your Research. Before listing your item on Craigslist, you should do a bit of research to see what the same or similar item is going for.
  • Price on the High Side.
  • Clean Up Your Item.
  • Take Pictures.
  • Include Any Extras.
  • Create an Account.
  • Write a Clear Headline.
  • Be Descriptive.

How can I sell something fast?

Below are my top tips on how to make sure that your item sells pronto on Craigslist.

  1. Determine the Market Price.
  2. Price it Right.
  3. Be Willing to Negotiate.
  4. Describe the Item in Detail.
  5. Take Good Pictures.
  6. Sell Items in Batches.
  7. Allow Text Messages.
  8. 17 responses to “How to Sell Stuff on Craigslist Extremely Fast”

How do you price second hand goods?

Follow these six tips for how to price your secondhand goods and you’ll be on the right track:

  • Know the current retail price. Start by identifying what the item sells for when it is new.
  • Mark it down mentally.
  • Add a sentimental drawcard.
  • Check out your competition.
  • Factor in postage costs.
  • Set your price but stay flexible.

How do you determine how much to sell something for?

Subtract the cost from the sale price to get profit margin, and divide the margin into the sale price for the profit margin percentage. For example, you sell a product for $100 that costs your business $60.

What can I sell to make money?

Here are 10 things you can sell to make money today.

  1. Books. You probably won’t get rich selling old books online.
  2. Gift cards. Unwanted gift cards can be turned into cash.
  3. Furniture. Make more space and cash by selling old furniture.
  4. Clothing.
  5. Sports equipment.
  6. Disney VHS tapes.
  7. Scrap metal.
  8. Kids toys.

What products are in high demand?

high demand products & ideas

  • Windbreakers. Protect Yourself from the Elements – in Style!
  • Nootropics. Become Limitless with these Cognitive Enhancers.
  • Kimono. High Fashion, Deep History, and A Kick Ass Trend.
  • Teak Wood. Furniture Made to Stand the Test of Time.
  • Matcha.
  • Pomade.
  • Scratch Map.
  • Smartphone Projector.

What is the best site to sell stuff?

Here are 20 options to consider when looking for the best app to sell stuff locally.

  1. eBay.
  2. Etsy.
  3. Facebook Marketplace.
  4. CPlus for Craigslist.
  5. Carousell.
  6. LetGo.
  7. OfferUp.
  8. Vinted.