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How to make money selling online

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make money selling online

Lots of us buy things online but have you ever thought about selling instead? There are lots of different ways that you can do this, with things you already own or products you can buy in and sell on. There are even ways where you don't even have to have the physical products with you. Let's have a look at how to make money selling online.

Declutter & Sell Your Things

Many of us have stuff in our homes that we don't even use anymore. Things that maybe don't fit us anymore or items that simply gather dust on a shelf. Having a good old declutter of your things can be therapeutic and what's more, you can then sell the things you no longer want. Use fee-free platforms such as Facebook Marketplace and Gumtree to list products and have them collected by locals. You can also use eBay for things that might fetch more or require a larger audience, however you need to check what fees are involved. Be sure to price your postage costs properly too. Don't be put off if things are broken. Everything has some sort of value and it's much better to earn a little something and make money selling online, rather than putting it in a landfill. 

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Buy In & Sell On

Do you know what the next big thing will be? Maybe an item of clothing, footwear or in the toy market? Remember when yo-yos were huge? Fidget spinners? By using an online platform like eBay you can sell your products to people all over the country. Whilst having your own website might be a dream, you then have to drive people to your website. Whereas eBay already has loads of customers. By tapping into that market of people who are already searching eBay for items, you can sell your products at a competitive rate, make money selling online and earn a decent profit. Find a wholesaler you can buy them cheap from and make a profit by selling them individually to your customers. See where to find stuff to buy and resell.

Dropshipping

Have you heard about dropshipping? It is basically when you sell goods online but you never physically handle the goods. You never see them. You sell goods online and then have a third-party dropshipping service in place that will fulfil the orders for you and send them out to the customer. This means you can earn a wage without having to turn your spare bedroom or living room into a storage unit for products. The other benefit is that you don't have to buy loads of items in the first place and won't ever have unsold products. We've covered dropshipping and print on demand before so be sure to check those articles out. 

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Regular Selling Or Start A New Venture

These ideas can be fantastic as you can regularly declutter and sell your things online. Alternatively, you can create a brand new venture that becomes a great bit of extra income every month. Once you start doing these things and see the fruits of your labour (ie. the money!) you'll be keen to continue and keep that extra cash rolling in. The internet is a huge place and the selling platforms have loads of customers every single day. If you could just get a tiny little slice of that, you'd be sorted. 

make money selling online

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Emma Drew

Emma has spent over 15 years sharing her expertise in making and saving money, inspiring thousands to take control of their finances. After paying off £15,000 in credit card debt, she turned her side hustles into a full-time career in 2015. Her award-winning blog, recognized as the UK's best money-making blog for three years, has made her a trusted voice, with features on BBC TV, BBC radio, and more.

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