Beginners Guide to Buying and Selling on Craigslist

May, 17   -   No Comments   -   Candice

As entrepreneurs, we’re always looking for new ways to rake in some extra dough. Money itself is a great motivator to get one pumped up and go look for new business prospects.

Amazingly, Craigslist ensures that it caters to a diverse crowd of sellers and buyers looking to make a buck. There are numerous items that can be sold on Craigslist like home appliances, furniture, electronics, building supplies, cars, computers, tickets, cellphones, you name it.

Before the advent of modern technologies, the best way one could dispose items of forgotten value whilst earning money was through a garage sale. This was because the very thought of venturing out to retailers and pawnshops was a tricky affair.

Today, thanks to sites like Craigslist Search Tempest, many entrepreneurs can now acquire the pre-requisite street smarts before they start out. How does the site work? Easy, one needs to find something on the site that can be acquired cheaply and then, hopefully, land a buyer willing to splurge a higher amount on the item in question.

While the aforementioned explanation works to some degree, there’s a whole lot more that needs to be factored in before one can become a success thanks to product listings on Craigslist. We’ve analyzed a couple of pointers that can do one the world of good.

Specialization

Ultimately, the logic is still one and the same, find a product on the cheap, sell at a higher rate. Since Craigslist is home to about a gazillion items, it’s almost impossible to keep track of all the items on the site. Thus, it’s important to pick a particular area of interest and monitor how everything is ongoing in that one field.

People always have an inherent desire to get rid of things they feel they no longer need. The onus is thus on one to find out what exactly that is and take the products off their hands. The next phase involves finding a buyer willing to splurge money on the items in question and voila! Profit.

Online Stores

There are numerous online stores that are open to the public for selling purposes. Having acquired products on Craigslist, one can share images of the items on the online stores and price them according to what one believes is their true value in the market.

Alternatively, one can always create an online store by hiring a developer who is able to update content on the site on a regular basis. Incorporating a blog to the site can also ensure that the site charts highly in Google’s SEO rankings. In addition, there’s also good money that can be made from Google AdSense.

Lower Travel Expenses

Even with low gas prices, transportation costs can at times be a nightmare for many. At times, someone can place an order in a different state, thus, travel and delivery expenses can be a bit dear. Looking up trusted websites that offer courier services on the net is the best way to mitigate such challenges.

As a rule of thumb, one should strive to ensure that they cut down on travel expenses as much as they can. To avoid excessive travel, one can even opt to stay local and operate to a smaller demographic.

Over the phone deals can be a great source of convenience since one can ably negotiate with buyers on ideal locations to meet up in order to halve the travel expenses. It’s all about staying afloat.