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Get Paid For Junk

Posted on March 27, 2014April 7, 2014

There are plenty of options including the traditional garage/yard sales.  Each have their advantages and disadvantages that will be explored in this article.

The key is to use this guide and do some research and you will be well on your way to make some decent cash from the stuff you have lying around in your basement, garage, attick, or even your closet.

Remember that in most cases prices are negotiable and where applicable bring cash.  A classic trick is to name a price due to the fact that it is "all the cash" that you have.  Sellers love cash so the are usually willing to make the deal.​

We've all heard the phrase, "one man's junk is another man's treasure" so it would seem like it's fairly easy to get paid for junk.  But before you hit that sell button, you want to explore as many options as possible so you can get the price for you stuff.

Click on each of the following for more information about the channels available to sell your stuff.

eBay

Everyone turns to eBay right away for selling their used goods.  It can be a good channel for this but should be used with caution.  Although things have greatly improved with eBay, it still pays to research before selling.

An obvious first step is to see what others have sold your item for and how well it sold.  There's no sense putting up an item for sale if ​there aren't going to be any takers.

Also, make sure that the buyers that are bidding have at least some buying experience on eBay.  There are a lot of flaky people that bid on stuff thinking they won't win and then decide not to pay. 

If you plan on selling a lot of used stuff, make sure you maintain a great feedback score.  Otherwise, it is going to be much more difficult to sell the rest of your stuff.​

Be sure to factor in shipping as this can be a hidden cost that eats into any money you may take in.​

Amazon

There are several ways you can approach Amazon when selling your junk.  If you have several items of something, you could sell by Amazon's fulfillment channel.  This particular option is not really geared for one time products so you should really have multiple items to take advantage of this.  But hey, remember all that inventory you bought in bulk when you were starting that drop shipping business?  This will work just fine for that 🙂

Amazon also has a new program that will pay you for your trade ins.  You get paid with a gift card and they will even ship it for free.  This can be decent if you don't want to deal with all the hassles associated with auctions and bidding, etc.  The downside is that Amazon is the one that sets the price so you want to be sure it's a decent price.  There have been mixed reviews from customers on this but that is the purpose of this article - to show you various options that are available which gives you more choices.​

Craigslist & Classified Ad Sites

People still do sell using Craigslist but with everything that you hear in the news about getting robbed and ripped off or even instances of murder, it definitely pays to be caution when using this.  This really is the wild west of shopping.  However, people swear by the deals that they get when transacting via Craigslist.  Any other classified ad arrangement is going to be the same with respect to the warning.

Consignment & Pawn Shops

This used to be much more popular but waned when eBay came onto the scene.  But the option still exists and it's possible because of the loss in popularity that better deals can be made.  Always make sure you understand the terms and ask a lot of questions.

Yard/Garage Sales

You still find people selling at yard (or garage) sales.  In fact, many towns will hold events for its citizens to bring their stuff for sale.  Church's do this as well.  Sometimes it pays to go in with some neighbors to save on the cost of advertising, etc.

Trade Ins

Amazon is not the only retailer getting in the game with this.  Others such as best buy and Costco are offering incentives to consumers for trading in their used goods. It is across various product categories but a popular one seems to be electronics.

Be Honest About The Products

Word gets out pretty fast if you are not honest about the stuff you sell online.  And that word can ripple through a whole bunch of places you'd never think it could get.  Plus, often a state attorney is notified if something isn't right about a product, especially if it was advertised as something that it isn't.  These are tremendous reasons to be up front and honest about the products you are selling.  No one is expecting used goods to be in new-in-box condition.  But if there are some scratches or other types of blemishes, you need to make sure the buyers are aware of that.

Research Your Products

Because condition of products varies greatly you want to search various websites for products that were near or close to the condition that your products are in.  This is important because you need to know how much you are going to sell your products for.  If you overprice them, ​you are going to be wasting a lot of time and potential fees for listing, advertising, lost sales, etc.

Good Customer Service is Key

Perhaps you think that just because you are selling one or two items that you don't have to worry about catering too much to the people that buy.  But what if you have more products that you want to sell down the road?  If your customer service is bad, you will get negative feedback at the outlets you sold at.  This is essentially burning bridges and they are tough to build back.

Great customer service ​is rare these days so if you are the one person that practices it, you will see that customers will truly appreciate it.  And in doing so you build up a reputation which means that they will have little doubt about dealing with you again in the future.  You build trust and that is one of the best assets to have as a seller!

Offer Discounts For Bundles

Large retailers do this all the time.  They throw in two or three different products as part of another, usually related in some way.  Then they add the price of all the products together and discount the package.  This is a great way to sell your used items quickly.  Sometimes the discount doesn't even have to be that large.  Just the idea that the customer is getting a deal can often be enough to get the sale.

Consider Discounts and Coupons

You can set up some kind of method of offering a coupon or other type of discount.  Then you can announce this on forums and blogs.  Sometimes, sites dedicated to offering coupons can pick up your deals.  You could also try to contact those coupon companies directly.  Implementing a coupon method can be a simple as creating another page on your blog that you redirect the coupon seeking customer.  Even if others get to it without entering the coupon is okay because you still get the sale.

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