Most Britons are rightly concerned about the cost of living crisis. Bills for electricity, fuel, food, and others are rising due to sharp inflation, leaving them in a potential financial crash after a two-year pandemic.
One of the options that many are considering is selling things from all over their home that they no longer need to make ends meet. Many have garages, attics, and rooms full of items too good to throw away that collect dust.
According to a new eBay study, an ordinary family can earn £ 1,000 by selling unwanted things.
According to the data, nearly four in five households in the UK have already started or are considering selling old things to combat the rising cost of living, with old technology and musical instruments being the most lucrative second-hand things.
Sell your stuff! Old gadgets online can bring you an extra £ 500, as research shows that most Britons want to sell their old items online to support the rising cost of living.
If you plan to clean at home, do not be tempted to throw away unnecessary things in the landfill because you can make money on something you no longer need.
Transferring, recycling, or selling old clothes, furniture, and books is better for the environment and can increase your bank balance.
The online resale market is expected to grow faster than traditional retail in the next decade as buyers become more attentive to the environment. More and more people are turning to used things.
From musical instruments that collect dust to old laptops that have since been upgraded – there are many things you can sell to make money and go back elsewhere to extend the life cycle of an item.
EBay research shows that your old laptops can cost £ 290 through online retailers, and your hobbies or projects you no longer use cost up to £ 300, including skateboards and garden tools.
Along with selling things from around the house, more than 55 percent of the nation will try to spend less amid the rising cost of living crisis.
A quarter of Britons believe they are sinking into savings as four out of five adults are concerned about rising inflation in the UK.
But consumers are eager to replenish their pockets to pay growing bills this year and trim, and simple life pleasures as a third of Britons hope to spend on holiday after two years of restrictions.
While more than 75 percent said they were worried about their electricity bills, one in four said they plan to put extra money into socializing, eating at a restaurant, and buying gifts for loved ones.
An online auction site has revealed that the average Briton can earn £ 1,100 by selling his old clothes, appliances, and toys.
Tom Nagel, 26, of Southampton, has earned an extra £ 600 in 12 months by selling his old video games on eBay.
He said: “I am a great fan of finding ways to reduce consumption, and eBay has not only allowed me to sell niche items such as my retro video games, but I also recently bought used technical items.
“You’ll never think you’ll find some of these things on eBay, but you’ll be amazed. So valuable is the money you can earn and the variety of products used. ”
Emma Grant, Head of eBay UK, said: “We know that people in the UK are concerned about the rising cost of living.
“And while selling unnecessary things may not solve the problem altogether, it can be an effective way to earn extra money on accounts or contribute to savings on vacation this summer.
“At the same time, you can help someone else find what they were looking for, but without a huge price tag. Victory for you, for someone else, and the whole planet. ”
Twig: The upstart offers an instant score
A new competitor to the e-commerce industry may see dramatic changes in how people sell online.
Twig was recently launched in the UK, allowing customers to turn unwanted things into instant money.
The company is committed to revolutionizing the online marketplace by allowing users to upload images of unwanted items into their app, offering an instant evaluation and an immediate offer to sell their products.
The money can then be spent instantly with a Twig Visa debit card both online and in stores – with a fee for transferring income to a separate bank account.
If you need quick cash support, Twig can become an alternative salesperson for quickly selling unwanted items.
However, several reviews about their app suggest that it may not be the most competitively priced due to the platform’s rapid sales.
The company says it is focused on sustainability, encouraging “consumers to lead sustainable lives and make a positive impact as a business,” Unfortunately, it won’t accept selling several “fast fashions.”
For the best prices on all your junk, programs like Vinted and Depop offer various options for auction or instant sale. In contrast, old furniture or appliances are best published on Facebook Marketplace or Gumtree.
There are so many resale options – what are you waiting for?
I love resale – it’s good for the planet, and your wallet writes Never break up co-author Jesse McClure.
If you are new to selling home goods, I would start small and would not try to list everything at once. I would make this part of your day and initially would like to earn around £ 50 a week.
A slow run will allow you to see which items are selling fast as fast but list them well, making it less of a hassle. It should be fun, junk of sale, and watching the treasury fill up.
Making money is a good hobby. You can list items while watching TV and get people to collect them as part of your day, such as when you work from home.
I recommend having a secondary checking account to redirect your money to sales so you can watch the hard work.
Here are some quick tips for selling goods online:
Choose the right keywords.
Choose the right category of the list.
Take clear photos.
Make sure you appreciate it.
