Wednesday, April 22, 2020

15 Things You Can Sell To Make Money In 2020

What if I told you that there’s a legitimate way in which you can turn $0 into $1,000.

No scams or tricks. With a few hours of work, nearly everyone can scrunch together a quick $1,000.

Sell some stuff.

Think about it. We ALL have stuff lying around in our houses that we don’t use. What if you sell it online?

You can even get free stuff (like TVs and utensils) on Craigslist in its “free section” and sell that online. If you have some money, you can even go to garage sales, purchase stuff cheaply and sell it at a higher price online. People who have a garage sale are looking to clear out space in their house, making garage sales a GREAT place to get stuff at a low price.

A few months back, I was tired of some fitness equipment laying around my apartment. I never used it, going to the gym was a better fit for me. I got on Craigslist, listed a few items, and had $800  in my pocket within days.

First, you can make a quick buck by going through the stuff around your house.

Second, you start a decent side hustle by going through garage sales for items like action figures, sports cards, toys, clothes, sneakers, and old electronic items to flip them on eBay and Facebook Marketplace.

I don’t personally “flip” stuff myself but I know a lot of people that do. If you love finding a good deal and haggling over items, you’ll love doing this. And you can make decent money doing it.

But here’s a word of caution: This is NOT a “Get Rich Quick” scheme. I’m also not going to sugarcoat it by saying it’s easy. But using the arbitrage of the Internet and flipping stuff is also not as hard as it seems. With the right intent and a solid plan, you are bound to succeed.

To find out what kind of stuff is trending, I like to look at eBay and search for “sold out” or “completed” bids. Doing this not only tells me what kind of items have a lot of buyers but also the prices at which they are sold.

Another option is to check big categories on Craiglist daily. If you notice that some items get taken down quickly, you know it’s a popular item.

Keeping that in mind, here are the things you can sell to make money online.

1. TV and Movie Memorabilia

People have memories and emotions attached to their favorite characters, TV shows, and movies. So try get your hands on any memorable items like first edition CDs and cool merchandise like T-Shirts and movie posters. You can list them online and make a big profit.

Here’s an example of a “39 Steps” Lobby Card selling for over $500 on eBay:

Thousands of listings like the one in the picture above prove that people are willing to pay an insane amount of money to possess their favorite pop culture items. It’s okay if your item doesn’t get sold for hundreds of dollars. Small profits add up over time.

2. Sports Cards

Just like TV shows and movies, people are incredibly passionate about their favorite athletes. That’s where sports cards come in.

Here’s what I recommend while flipping sports cards. Identify the players that are going to be huge in the next 5-10 years and buy their cards. Even if they indeed play well, the value of your cards will rise exponentially.

For example, I started looking at Panini Prizm Giannis’s rookie card when it was around $300. Check out its price now.

The card’s price has gone up so much that eBay has tagged it as a “Great Investment”.

3. Clothes

All of us have old clothes that are in good condition, but for some reason, we haven’t worn them for years. You can also buy clothes cheaply at a thrift store and then flip them online. At times, you will find clothes that still have their original tags. That will further drive up their price when you flip them. I have also noticed that sports jerseys and concert T-Shirts always get sold for higher prices than regular clothes.

If you have high-end clothes, sell them on The RealReal to get a good deal.

4. Sneakers

The sneaker-flipping market is HUGE. Many large brands like Nike and Adidas often release limited edition sneakers. When their stock runs out, people start flipping them online. As the demand is mammoth, their prices go up.

Here’s an example of one of Nike’s most sought-after sneakers that are called the Jordan 1 Retro High Off-White. When they were released in 2018, they cost only $190. Once its stock ran out, its resale price started shooting up. Today, one pair costs more than $4,400. Plenty of sneaker-flippers bought large quantities of it when it was released. Less than two years later, they are selling it at a profit of more than 2200%.

5. Yard Equipment

Yard equipment may not be the first thing that comes to your mind when you think about flipping. But you can purchase used yard equipment and tools at a very low price. By repairing them and making them more presentable, you will be able to sell it at a good profit.

6. Furniture

You will find great deals on old furniture at garage sales and on Facebook Marketplace. At times, you can even get some furniture for free when people want to get rid of something in a hurry.

Old furniture made from good quality solid wood can be sold at a higher price as it can last for years. That’s why I love flipping furniture as you make a good profit even after repairing and polishing it.

Craigslist is a great place to flip furniture.

7. Video Games and Consoles

Video games are not just for kids. They even remind adults of their childhood. People and gaming enthusiasts are ready to pay big dollars to get them because of an emotional attachment.

From my experience, garage sales are the best places to buy vintage video games. With a little luck, you could find an original Nintendo in its box. You can flip them on eBay and Facebook Marketplace.

8. Bicycles and Strollers

We require bicycles and strollers during a specific time in our lives. When their use is done, they mostly rust in some corner of the house unless we sell them. Most people don’t know their real value. So, you can get them cheaply at garage sales and flip them for a profit online.

9. Toys and Action Figures

Like movies and sports, people love toys as they have an emotional connection with them. That’s why they are a great item to flip. Just like with sneakers, the price of a toy or action figure increases when their production is discontinued. Bidding battles can get intense on eBay. For example, the price of this unopened 1983 Star Wars figure is more than $800.

I’m sure you will find a box of your old toys somewhere in your house. You can also find lots of toys at a garage sale. I have come across action figures costing less than $5 at garage sales. Even if you sell it for $10, you will be making a profit.

10. Collectibles

Collectibles of all kinds like rare coins, currency, wine, and model cars/airplanes, among other things, are immensely valuable. You may have them at home, or you could get them at garage sales to flip them online.

11. Old or Vintage Electronics

Almost all of us have old electronics like cameras, mobiles, TV sets, and iPods lying around the house. You will be surprised to know that people are willing to pay a LOT of money for them.

It’s okay even if you don’t have high-value electronics. You can sell something much smaller. Its value is $0 when it’s lying unused in your house. If you list it online, you will definitely make some money from it.

You can also buy vintage electronics like Walkmans, VCRs and cassette players at garage sales and then flip them online for a higher price. Apart from Amazon and eBay, you can also sell vintage electronics on Etsy.

12. Cuff links

I love selling cuff links because they are cheap to buy. You can get dozens of them at garage sales for a few dollars. As long as they are not too damaged, you will almost always be able to sell them at a profit.

13. Books and Box Sets

Like sports fans, readers absolutely LOVE owning different editions of their favorite books. From my experience, first editions and entire series box sets/collections draw a lot of attention.

You can also sell the old books you no longer need on Amazon.

14. Gift Cards

At some point, we have all got gift cards that we don’t want or will not use. Luckily, you can sell most gift cards, and convert the plastic money into real cash. I recommend using Card Cash and Clip Kard to sell gift cards.

15. Fitness Equipment

That treadmill or weight set in the corner that’s collecting dust? It sells like hotcakes on Craigslist. I love re-selling fitness equipment.

As long as you buy quality equipment to begin with, there’s always a market looking for it. Brand new stuff gets pretty expensive. By offering a 20% discount off the MSRP, you’ll sell the equipment instantly.

Since most fitness equipment is built to last, it’s almost always in a good enough condition to re-sell.

Original Source: iwillteachyoutoberich.com

Curated On: https://www.cashadvancepaydayloansonline.com/

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