How to make money by selling your unwanted items on ebay!

Do you have a lot of unwanted clothes or items in your home? Are you saving for something special or paying off debt? Then why not start selling your stuff on eBay!

I have been selling on eBay for years but I would say the last 12 months have been the best for me. I have sold more clothes on there then any where else and it’s easy to do.. if you know what you are doing.

If you are thinking of selling on eBay for the first time or are after some tips then keep reading as I share some tips and ticks that I have learned along the way.

What can I sale?

You can pretty much sale anything on eBay! I mainly sale clothes, kids toys, electronics and household items. Check out good house keeping website which shows you all the different items you can sale on eBay.

I sell a lot of clothes and they sale well.

How much shall I sell it for?

Research the item your selling, especially if it’s branded. Type into eBay the brand and item your selling and find out what has sold recently. That way you can find out a price.

Brand new items will always sell for more and 2nd hand for less. But depending on the condition you can make decent money.

If you have bought items to sell for profit then it’s very important you research your item to find out the correct price.

Not only can you under price your item you can also overprice it and that means it is less likely to sell.

For me, clothes sized UK 14 and over sale really well especially jeans and tops.

Auction or buy it now?

On eBay you can sell your items in two different styles.

Auction, where buyers will bid on your item or buy it now where you set a price and people can buy it straight away.

For me, low priced items sell better on auction especially if they gain a lot of interest. And branded items do well on buy it now.

Again do your research, find out how your item has sold before on eBay and this will help you decide.

I sale a lot of my 2nd hand clothes through auction, sometimes they can sale for £1 and other times a lot more. I put a shirt on a starting bid of 99p last week and the final auction was over £10 because it generated a lot of intrest.

What do I write in the description?

Your description of the item your selling is very important. It can be the difference between your item selling and not selling. It needs to be full of all the details of the item your selling.

When I sale clothes I try to include as many measurements as I can, leg length, sleeve length etc as you do find people will ask questions. I also include brand names as this is very important.

Image result for measuring clothes

You also need to include details about the condition and any damage. Any marks on the item you need to mention!

I once sold an item that had the smallest stain and it got sent back and I had to issue a refund. So I now take the time to check the items and write anything I see.

So take the time to write a detailed description of the item your selling.

How do I work out the postage?

Sending an item on eBay means you need to send the item yourself. It’s important to find out the cost of your postage as you can either overcharge or undercharge on it.

I send all my ebay items through Royal Mail and for me they are the best.

Due to the pandemic I have been using Royal Mail click and drop service, it’s brilliant if you sale clothes or any items you can put through a letter box.

To use this service you do need:

  • Printer (to print postage label)
  • Scales (I use kitchen scales for my clothes)
  • Paper

All you need to use this service is weigh your items in packaging and fill out the easy form on their site. I also use this service to determine how much I need to charge.

Image result for royal mail click and drop site

You can either post your items into your local postbox or drop it off to your local post office. Either way it works really well.

If you are selling items that require a tracking service you can still weigh and print the label off at home but you do need to take it to your post office to get the tracking number.

Another great feature of this service is you can get your parcels collected for 72p! We had a lot of Christmas presents to send off and our local post office was closed so we used this. For us it worked really well.

You can also use the “print postage label” option on ebay!

What should I send my items in?

If you are sending clothes I use some grey large letter bags that I buy off Amazon. (Check out this link) I find these to be the best ones they are durable.

Image result for posting clothes

They are also good for cuddly toys, games and books. If you are selling toys or big items then you do need boxes you can get these from your local supermarkets for free!

You will also need some good quality cello tape and packing tape to make sure your packaging stay together.

How do I take the best pictures?

It’s not only the description of the item that is going to help you sell it, it’s also the pictures. You need to make sure that your pictures are clear and have good lighting.

Take a picture of your item against a plain background (I use my bedroom door or living room wall). We all remember the lady who made headline news years ago for taking a picture of a item for ebay, next to a mirror which showed she had no clothes on!

This is one of my items! Its in natural light on a plain background!

So make sure you are only taking pictures of your item and nothing else!

Don’t take a picture of your item screwed up on a bed or even worse the floor!

I use my Iphone to take my pictures and for me they work well.

When you take pictures of your items you want to include:

  • Front and back image of item (especially if its clothes)
  • Picture of any labels
  • Picture of zips/ buttons
  • Picture of any damage/marks

I find the more images you have the better my items sale for!

What should my title say?

The title of the item you are selling should include key words such as:

  • Brand
  • Style (knee length dress, flared skirt etc)
  • Colour
  • Size
  • Condition
  • Occasion (Summer, winter, party, prom etc)

You have 80 characters so make sure you use them. But, you don’t need to put words like pretty or beautiful as people don’t search this.

Instead of having Pretty, nice dress size 12 as a title I would change this too Karen Millen Coral Knee Length Brand New Dress Size UK 12 (this is one of my items I am currently selling)

I have included the brand, style, condition and size of the dress.

Having a good title will help your items be seen and sale.

When should I sale my items?

Every 2 weeks (usually) ebay runs a £1 Max seller fees offer on a weekend. This means when you sale your item you will only pay a maximum fee off £1! This is great for high priced items!

Image result for online shopping

But, I would recommend starting your listings on a weekend and end on a Sunday night. This works really well for auctions. All my auction listings end on a Sunday night at 7pm, this seems to be when people do most of their online shopping.

It also means that you get paid the same time every week (if your buyers pay on time)

What fees do I need to pay?

Unfortunately, using ebay to sell your items you do have to pay seller fees.

Every month you are able to list 1,000 items for free before you pay any ‘listing fees’ (Check out this link to fund out more)

When you sale your item, ebay will take 10% of the final transaction value (this includes postage). So if you sale a item for £20 you will pay £2.

But like I mentioned before if you list your items during ebays max £1 seller fees you wont be charged much. If you sale an item for £100 that you listed during this weekend you will only pay £1 instead of £10! So it is well worth keeping an eye out for this.

Ebay have recently changed their payments for sellers. You can decide how and when you get paid. I have changed mine to be paid every Tuesday into my bank account rather then paypal.

(I haven’t used this method for very long so if I have to pay any more fees I will share it on my Instagram)

You can still receive your money through PayPal but you do have to pay fees which are 2.9% of payment received plus 30% transaction fees. (For more info click here)

So you do need to take this into account when you sale your items!

Image result for selling on ebay

I hope that this post has helped you understand a bit more about selling on ebay!

Don’t forget to give me a follow on my Instagram so you can keep up to date with my journey!

How to stop impulse spending online

If you are anything like me you love shopping the online sales, especially when you get emails every week telling you about the ‘70% off sale and free delivery when you spend £30!’ You add an item here and there and before you know it you have spent over £100 on clothes.

How to know if your online shopping habit is a problem — and what to do if  it is

But when you are on a budget this is not ideal and can cause some people to get themselves into even more debt and over spend.

I was that person, I would shop the boxing day and January sales to find the best bargain! In December 2019, I spent £250 on boxing day I bought clothes that I didn’t need and I never wore them.

For me, last year was the final straw when I had to pay off my credit card bill of over £200 that I wasted on clothes.

So keep reading as I share 3, yes only 3 really easy tips to help you stop impulse buying online.

Unsubscribe from emails

Ever heard of the saying out of sight out of mind? Well this couldn’t be more true for emails. Think about how many emails you get each week from different online stores, they are always there in your face tempting you to buy. I used to get hundreds of emails each week showcasing online brands sales and discounts and nine times out of ten I would buy from there.

How Does Online Shopping Affect E-Commerce Packaging Design?

So the first thing I did was unsubscribe from these companies, it took a while to do (I had so many subscriptions) but it was worth it. I do not receive any emails from online stores which means it doesn’t tempt me each day. I never know what stores have what sales unless I search for them myself.

This will make a massive difference to you and your bank balance.

Delete Apps

Ever sat in front of the telly on an evening browsing through your phone and looking at shopping apps on your phone? How easy is it to add clothes to your basket and pay for it in seconds. It is only after that you realise how much money you have spent.

Top 10 Online Shopping Apps in India 2021- Ecommerce Apps for Beginner  Shoppers - Ads2020.Marketing | Online mobile shopping, Online shopping apps,  Online shopping websites

Most clothing brands have an app that makes it even easier to buy clothes, they can send you notifications throughout the day which again reminds you of their offers.

So the easiest thing to do is delete them from your phone. Last month I deleted…..

  • Select
  • Pretty Little Thing
  • New look
  • H&M

Nearly every day I was flicking through these apps and making small purchases which were going on my credit card and causing me to get into even more debt!

Now they are gone I don’t think about it.

Wait 24 hours before buying

This tip has helped me so much! It is as simple as leave the items in your basket for at least 24 hours before buying. This will give you time to really think about this purchase. Most of the time you will forget about the items and not worry about them.

Glasgow-based MarTech startup Adimo closes £1m Seed round

If that’s the case I put the money I would have spent into my saving account or write it down. Then at the end of the month I can see how much money I have saved!

How I Stopped Impulse Buying | You Need A Budget

What do you think of my tips? Do you do the same or something different? Let me know in the comments.

Don’t forget to give me a follow over on my Instagram @budgetwithme1 to keep up to date with my journey

I share blog posts weekly!

Beginners guide to budgeting

On my Instagram I have been asked many times to share my top tips on how to start a budget.

Having a budget that works is so crucial to paying of debt or increasing savings. But it is always so difficult knowing where to start.

So if you are unsure then keep reading this post as I share what I have done to start my budget. As always I am not trained in anything to do with finances these steps are what I have done to pay off debt and increase my savings.

Step 1: Write down your goals

The best place to start is writing down your goals. Are you paying of debt, increasing your savings? Whatever your main focus is write that down.

10 Great Financial Goals to Achieve in Your Lifetime | DebtWave

But you have to be realistic, the best way to achieve your goals is to make them manageable.

My goal for 2020 was to save £10,000, this was my main goal, but within this goal I broke it down. For example:

  • I need to save £770 per payday(13 paydays)
  • I need to save £5,000 in the first 6 months of the year

This is how I broke down my goal and it really helped. When I reached £5,000 in savings I felt a huge sense of achievement and this gave me motivation to reach my next milestone £10,000.

Step 2: Work out your monthly bills

Now you have a goal in mind and you have planned how you are going to do this it’s time to work out your monthly bills.

BILLS, BILLS, BILLS! : Thornley Groves

Take a look at your bank account and write down all the bills you have and what days they are due for payment.

Here are mine as an example:

  • Car Tax: £13.12 Due 2nd each month
  • Phone Bill: £23.99 Due 14th each month
  • Canva: £10.99 Due 20th each month
  • Rent: £150 Due 20th each month
  • Netflix: £8.99 Due 27th each month

Having all your bills written down and the due dates will help you have more control over the money leaving your account.

I like knowing when the money is leaving my account, that way if there is an issue with payments I can investigate it easier as I know how much I owe and when it is due.

Step 3: Remove unused subscriptions

Do you have any entertainment subscriptions that you don’t use any more? If so now is the time to get rid of them. Before I started my first budget back in 2018 I removed many subscriptions that I hadn’t used.

Is Entertainment Subscription Fatigue Setting In? - GWI

In my first month of budgeting I removed over £100 worth of bills which was a huge help.

My rule is, if I haven’t used it in a month then it needs to go. In November I stopped paying for Spotify premium as I hadn’t used it for months. I now use Youtube and listen to radio stations for music.

There are many ways you can swap your paid entertainment services to free ones! Take a look at my blog post > How making 5 easy swaps can save you a lot of money this will show you some things you can swap for either cheaper or free services.

Just by removing one £10 subscriptions this is saving £120 a year! So it’s well worth taking a look at your bills!

Step 4: Reduce bills

The next place to start is reducing your bills. The best way to do this is using a comparison site such as Compare the Market .

You can use this to see if you are paying too much on your household bills. All you need to do is simply put your details in and then find the cheapset deal.

It does take some time but that time can save you a lot of money. They also share cashback offers and free movie offers!

I use this website every year to renew my car insurance and it saves me hundreds of pounds!

Step 5: Work out your expenses

So at this point you should have your goals in mind, bills reduced and anything unused removed. Next is working out your expenses/spending.

4 Things To Be Aware Of When Spending Money For Luxuries

Take a look at your bank account and see roughly how much you spend on food, petrol and spending. This will be able to give you an idea of how much you are spending.

On average a family of 4’s grocery bill is £400 for the month which is £100 per person.

But it does depend on your situation and lifestyle. For me, I live at home with my parents so my spending wasn’t that huge.

I would give myself each month:

  • Spending £100
  • Food £50
  • Petrol £50

And this worked well for me when I first started my budget. But now I have reduced my spending to £20 per week (£80 for the month) as I am maximising my savings as much as possible.

For your first budget I would over budget slightly as this is a learning curve and you may need the extra money. But be sensible!

Step 6: Decide on your budget method

Now its time to decided on your budget method.

The 3 Key Benefits of Project Budgeting « PM box | Exploring the Value of  Project Management

I have a post which you can check out here > What is the best budgeting method for you?

In this post I have written in detail about 4 different budgeting methods. The budgeting method that I use is the zero based budget. This means that at the end of the month I am left with £0 in my bank account.

This method is great for someone like me who wants to reign in their spending and increase their savings.

So do some research to find the best method for you.

Step 7: Do a trial month

You are nearly ready to do your budget for “real”, so now it’s time to do a trail month. This is a great way to see if your budget method and expenses work.

Whenever I change my budget I always do a trial month, that way I can have a clear understanding of my spending and debt payoff.

During your trail month, track all your spending and outgoings. This will give you a clear indication if you need to change anything about your budget.

That’s why I would over budget, if you normally spend £400 a month on food shopping up it to £450 for a buffer. Don’t go from spending hundreds of pounds to spending £50 a week on food. The whole point of a budget is to have control over your spending, not leaving you and your family hungry.

You can learn, set yourself targets. If you spent £500 on food one month why not reduce it to £450 the next month? That way you are still reducing your spending without effecting your home life too much.

Step 8: Review

Once you complete your trail month you need to review what you have done so far. Take some time going over your spending and figure out what is going wrong.

I always ask myself these questions when I review my budget:

  • What went well?
  • What didn’t go well?
  • What can I do better?
  • How am I going to change this?

To me this is the best way to review. For me I was spending a lot of money on meal deals for work. On average I was spending £8 per day on unhealthy food and snacks. Once I realised this is where I was going wrong I started meal prepping which has saved me lots of money.

Step 8: Create your budget

And your ready to start your budget for real!

By now you should have a clear understanding of your bills, expenses and savings. So you are ready to go!

Remember you will make mistakes, you will over spend some months but that’s okay. As long as you learn from your mistakes you will smash your budget!

I hope that this post has helped you have a better understanding of budgets and how to make it successful.

Make sure you check out my previous posts as I am always sharing the tips and tricks I have learned along my journey! 🙂