Are you looking to clean out some clutter in your house? How about selling it on the internet?
In tonight second part of our series “Cashing in on the Internet,” NewsCenter 16’s Stephanie Stang takes a look at the process of putting an item up for sale.
Some say it is not easy to sell items yourself, but is the profit really worth the hassle?
Overall, we found that the only way to make a lot of money is to sell a lot of little items, and a little of the big items.
For Rudy Sawoscinski, one hobby turned into another.
“I don’t want it to gobble up my life, takes up enough time as it is,” says Sawoscinski, who sells items on eBay.
When eBay opened, he started selling his old toys.
“It’s all about the basement, and we want ours back and that’s the main reason I’m selling, mostly to find room in the basement,” he said.
After 3,000 sales, he is still hooked into tapping this worldwide auction.
“I’ve dealt with people in Japan, China, all throughout Europe,” he explained.
He knows about the increasing eBay fees, and the constant shipping.
“It can get very confusing very quickly; people don’t want to deal with that,” says Sawoscinski.
That is why some might go where they do things backwards: I Sold it on eBay. It is a store for selling, not for buying.
“We are the middle guys, that’s for sure,” explains storeowner Roger Wright.
You just drop off an item that you want to sell on eBay and they will take care of taking a picture of the item, listing it, and shipping it.
But they also take a third of your profit.
“I feel like we get more… we’re more professional, we know what we are doing,” says Wright.
Basically, it is the price you pay so you do not have to deal with eBay.
“It is simply complicated, you have to work your way through how to do it,” explains Wright.
It is something that Sawoscinski has mastered, selling off his old collection. But it is not enough to make this his full-time profession.
“In order to make a decent living, to make the mortgage and health insurance, you have to sell, you know, 20, 30, 40 of these thing every single day when you consider the profit. I’m just not ready to do anything like that,” he says.
“There is big money to be made, but just like a retail store, it’s about grinding along item by item, and making just a little bit here and there,” says Wright.
There is a lot of work to making money on the internet. You have to market your website with a design, use keywords for search engines, and find a product niche that few others have.
Thursday night at 11, we will take a look at two local businesses that help other business do just that with their websites.