Is it interesting for you how to make money on Craigslist? I’ve been using Craiglist to buy and sell a variety of goods over the last 10 years. During that time, I’ve learned a few tips and tricks that I want to share with you today.
- Know Your Product perfectly
If you are shopping for any kind of productonline, then put in the time to research prices, quality, and customer reviews. This sounds easy, but it’s an important part of any successful Craigslist deal.
Craigslist is a wildly inefficient market, and many Craigslist users don’t have a clue about the fair market value of items listed. I’ve sold used items for more than the going retail price. I’ve purchased valuable items for next to nothing. It’s a crazy market.
- Find useful contacts (leads) for your business
Aside from buyers and sellers, Craigslist is a place where you can search for job opportunities. If you are more interested in making money by working for it, then you should take a cue from Claire, who is one of Ramit Sethi’s Earn1K students.
- Learn Some Basic Negotiation Techniques in order to make money off Craiglist
I’ll let you in on a little secret here always negotiate when making a purchase on Craigslist, and always stay firm when making a sale.
Cash talks Always be able to offer cash when negotiating a purchase. Many sellers want to get rid of their item and will accept a lower cash offer.
Be Patient If you email a seller about an item that is overpriced, and they refuse to negotiate, just give it a few days before trying again. This gives youmore negotiating power and allows you to mention the items inability to sell at the initial price point. The exception to this rule is if the item is already at a rock bottom price.
- Hold Rummage Sales
The second way to sell the things you get is at rummage sales. The advantages include working from home, not having people call you all the time (as with the first strategy), and limiting your time dealing with customers to a weekend or two each month. Of course this doesn’t work well if you don’t live in a good location for a rummage sale.
Set up alerts using the keyword of your product If you’re looking to buy items on Craigslist to sell them again, you can set up email alerts using their respective keywords. The site will immediately notify you if there are items that match your keywords. Doing this allows you to be one of the first people to view the ad and make a proposal to buy.
- Make sure to implement a few simple tips when you go to sell your item on Craigslist.
Title Make it attention grabbing and descriptive. “Like New” or “Antique” are big hits. Get creative here but don’t make it too long. Make sure to avoid pissing folks off with ALL CAPITAL letters or nine exclamation points!!!!
Description When you list an item on Craigslist, make sure to write a positive and promotional description which addresses all of the questions that you would have if you were looking to buy. Don’t be misleading, but don’t list every tiny flaw in the initial description.
Pictures Proper photographs are necessary to secure a sale. Make sure to take hiqh quality and inviting photos in a well-lit room, using several angles and don’t forget to review the results
Once you know how to sell you can also purchase things cheaply for resale, and make a good deal out of it. but the cool thing is that you can launch some campaigns without significant costs.