Best Things to Buy and Sell for Profit (UK 2023) - The Money Builders

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• Best items to sell on eBay:

• Sporting equipment Sporting equipment, including anything from football boots to hockey sticks, can fetch a high price from the right buyer. Such items are invariably very expensive to buy new, which means, although second-hand if they have been properly looked after and cared for and are still in working order, they can be sold on for good money, even after years of use. As with any second-hand item, it is crucial to do your research and make sure you are getting a fair price for your equipment. Once you have an idea of what your equipment is worth, the next step is to find buyers.

• PlayStation or XBox Consoles When selling a second-hand PS4 or Xbox, there are several things to keep in mind. Firstly, check that the console is complete with all cords and accessories. Secondly, make sure to inspect the condition of the hardware; look for any scratches or dents on the casing and ensure that all the ports and disc drive are in working order. Be sure to list this information with your listing so there can be no misunderstanding about the condition of the console. Finally, check that you have all the relevant paperwork such as guides and manuals; these will add value to your sale and give the buyer peace of mind.

• Used and Refurbished gardening and work tools. If you have goods left over from a DIY product – why not sell them? From a leftover pack of flooring tiles to pots of paint or plumbing tools – someone else could make use of them. We found a mixed job lot of plumbing parts selling for £60 and a surplus bath panel for £20.

• Jewellery – even broken jewellery can be sold. Broken jewellery can often be sold or upcycled and re-made into something really unique. Keep an eye out at charity shops and jumble sales. A current listing on eBay has 20 pieces of broken jewellery for sale for £20. Some sellers list by kilogram – so there is a listing for 1kg of broken jewellery for sale for £5.

• Vinyl Records You can’t beat that crackling sound of an old record. Hunt out in charity shops where you might pick up some records for just a few pounds and then sell on for more. Currently, on eBay, there is a Pink Floyd album for £19.99 and a Blondie album for nearly £15.

• Broken Technology People will buy broken parts to strip and re-use or fix. Currently, eBay has a damaged PC for £42. There is also a PC tower with missing parts priced at £199.

• More ideas For Selling Personalised Items – maybe someone else would love that personalised towel robe you have. Anything Vintage, rare or items that are hard to find. Collector’s items – from band merchandise to sporting goods. Can you make money reselling on eBay?  Yes, you can! Keep an eye out in charity shops, house clearance and liquidation sales where you may snap up a bargain and resell that item at a higher price. You may also be lucky to enough to be a product cheaper elsewhere and sell on at a higher price – imagine if you have some stock of paddling pools that you picked up in the winter and now you can sell on at a higher price during a hot summer. Look for bargains on eBay and other networking sites to resell We recommend buying products elsewhere for cheaper and then sell on eBay at a higher price. You may also like to use a site called Fat Fingers – this clever site searches for items on eBay where the items have been listed incorrectly, due to spelling mistakes. Very often these misspelt words don’t get any bids at all – allowing you to snap up a bargain! We found a Samsung phone listed as Samsun instead, with no bids at all. What is flipping? Flipping is where you buy a product elsewhere fairly cheaply and then sell it on for a higher price. This could be anything from a vintage candle stick holder to a picture, clothing, or a piece of furniture. You may be lucky to find something cheaper at a boot sale and then sell on for more money on eBay. How to make a profit on eBay: Improve your profile on eBay –even though you want to sell things, start with buying a few items first, even very cheap things and pay promptly and give good feedback – this will result in you getting good feedback too.  Also, think about your username – make it easy to remember and fairly professional sounding – Vintage Finds rather than ILoveCutieKittens123 for example Do your research – If you’re unsure as to what to sell on eBay, use the ‘Marketplace Research’ tool to find out what the hottest items are. Also, check out the most-watched items on eBay. Sell items seasonally – you’ll sell more paddling pools in the summer than in the middle of winter.   Similarly, don’t try and sell those snow boots in the middle of August, Make the most of eBay promotions and reduced selling fees. You will have to pay seller fees most of the time, but there are often promotions to bypass this. Ecal is a nifty tool that helps you work out your fees before you set your prices. You’ll also incur prices for using PayPal.  What are the easiest items to sell on eBay? Search for memorabilia, such as cards, autographed sports items, typewriters and record players, vintage hats and shirts. These items are great to flip on eBay because people buy them as gifts or to add to their own collections. Need to Know Work out the best prices for your items – you can use https://www.ebay.co.uk/sch/ebayadvsearch to see what other similar items sell for. Take good photos – you can add up to 12 photos for free – take in natural daylight. Add a reserve so your item won’t sell for your desired price. Time the bidding to end, ideally on a Sunday evening – this is the best time for people to be at home looking and bidding.