How to Make Money on Craigslist
Would you like to make money on Craigslist? It’s not difficult and you can begin today. I’ve been buying and selling goods online for almost 10 years. Over the years, I’ve learned what to do and how to do it on Craigslist.
Craigslist is just one option when looking to buy or sell online. Ebay is a popular choice, as is Amazon. The thing that sets Craigslist apart is the fact that they charge you nothing! No fees to buy or sell. Ebay, for example, keeps raising fees and it’s almost impossible to make a profit flipping items anymore.
It’s also easy and convenient. You search for items by city. After you find what you’re looking for, an email or phone call allows you to see what you’re getting yourself into.
Know Your Product
If you are shopping for ANYTHING online, then do some research before you run out and click buy. This is a principle that goes far beyond Craigslist. Before you ever look to purchase, put in the time to research prices, quality, and customer feedback. This sounds easy, but it’s the main component of a successful Craigslist deal.
Craigslist is an inefficient market. Sometimes even wildly inefficient. I mean that many folks on Craigslist don’t have a clue about the fair market value of most items listed. I see people trying to sell 2-year old used TV’s for $200 more than the retail price that Walmart charges. I’ve also had people pay new prices for my used items. You’ll see all sorts of wild pricing and you need to know the value of items before jumping in the game.
Because that is the essence of Craigslist – subjective pricing! It’s what allows me to buy low – way, way low, and sell high.
Learn How to Negotiate
The other reason I do so well on Craigslist is my unwavering and always improving ability to negotiate. I’ll let you in on a little secret here – There a