Whether you have something you don’t need or need something you don’t have, Tradyo is here to help connect you with the right people in your community. Follow these steps and you’ll be selling off your surplus goods in no time!
Step 1: Decide What to Sell
Want to declutter your home and make some cold, hard cash in the process? For some, purging items from the home is effortless. For others, deciding to part with your stuff becomes an internal battle of epic proportions. Perhaps the item(s) in question has sentimental value or you think it might be useful again down the road.
Here’s a good rule of thumb: if you haven’t used it (or even thought about using it) for one whole year, it’s probably time to give it a new home.
Step 2: Spruce it Up
A freshly cleaned item will sell much faster (and fetch a higher price) than one that looks like it has languished in the back of the closet for a decade. Once you’ve decided what you want to sell, thoroughly clean every nook and cranny to make the merchandise look as good as new.
Certain household wares would also benefit from a tune-up. Missing screws and other small parts can be easily and inexpensively replaced and will make the product all the more attractive to prospective buyers.
If the item is no longer functional, you may wish to bring it to a professional for a repair – but only when it makes sense to do so. You definitely don’t want to spend more money on the repair than what you can get for the sale, so do some research on the item’s value (more on that below) and get a repair estimate first. If it turns out that repairing the item isn’t worth the trouble, all is not lost – you might still be able to sell it for parts.
The trick is to really put yourself in the shoes of the buyer: would you want to buy dusty shelves, a wrinkled shirt, or a broken radio?
Step 3: Name Your Price
In order to price your items to sell, you’ll need to do a little research to suss out its value, used. Setting the price too high could scare away interested customers while pricing it too low might make people think it’s of poor quality or too good to be true. Finding the pricing sweet spot – not too low and not too high, but juuuuust right –means looking at similar items in comparable condition.
Look at what the item retails for brand-new. Try to find the exact same make and model that you’re planning on selling (or a close second). This will step will create a starting point that will help determine where to even begin when setting a price for your used item.
See what others are reselling it for. Search for your item on Tradyo to see what price other sellers are asking for. Make a note of the item’s condition, the date the item was posted, and how many views the post received. This information can give you valuable clues as to how reasonable the price points are.
Set your price. There are no hard and fast rules when it comes to price-setting and many variables come into play when determining a used item’s value. If what you’re selling is preloved but in excellent condition and in high demand, you may be able to get 90% of the full retail price. If you’re looking to sell it quickly, you could price it slightly lower than what other sellers are asking. If the item shows signs of wear and tear or is a rare piece, these details will certainly influence what the buyer is willing to pay. If you listed your item and didn’t get any bites, try lowering the price.
Step 4: Snap Some Photos
Photos are the lifeblood of the online marketplace, so you’ll want to take plenty of high quality photos to post along with your Tradyo ad. Good lighting, a clutter-free backdrop, and clear close-up shots of the item’s details (and damage, if applicable) can really make the difference for a speedy and profitable sale.
Step 5: Write it Up
So that buyers can easily find your ad, you’ll want to take the time to write up an informative headline and product description.
Headlines should be short and sweet. Include the most pertinent details like the name of the item, the brand, the make or model, the colour, and the year.
Product Descriptions should be more detailed. Describe the item, what it does, and how it works. Above all else, be honest! And don’t forget to include these details:
- Condition of the item
- Brand, make, or model number
- Size, measurements, or weight
- Technical specs
- Age or year
- Whether it comes with manuals or accessories
- Whether there are any mechanical or cosmetic flaws
Step 6: Post Your Ad
Are you ready to post? Before you do, read through your ad one last time. Is your write-up clear, concise, and free of spelling or grammatical errors? Take another look at your photos. Do they do a good job of showcasing your items?
Yes and yes? Then it’s time to select the category your ad will appear under and hit the “submit” button. Congratulations, you just posted on Tradyo!
- Prompt Communication – You can quickly lose out on a sale if you’re slow to respond to a buyer’s queries. Use Tradyo’s in-app chat function to send your replies instantly.
- Share Your Ad – Increase your item’s exposure by sharing your Tradyo ad with your social circle on Facebook and Twitter.
- Think Seasonally – Post seasonal items, like a patio set or snow blower for example, just before summer or winter. Chances are you won’t find many buyers when you sell seasonal goods out of season!
- Be Patient – Some items get snapped up fast and sell within a day or two. Other types of goods, like vintage, specialty, or collector’s items may take a little longer to find the right buyer. Trust us, your patience will be rewarded!
- Allow for Test-Drives – If you’re selling something mechanical, give the buyer an opportunity to test it out by setting it up, providing an electrical outlet, etc.
- No Holds for No–Shows – If the buyer doesn’t show up at the appointed time and has yet to pay for the item, don’t keep holding it for them – move along to the next interested buyer.
Categories: Seller Tips