How to make money selling stuff on facebook? In few words: download the Facebook app and start selling! Sell all your random stuff, even if it seems to have no value. With enough patience and time, it is possible to buy low and sell high and profit a lot. In other words: it is possible to money on facebook without investment simply by being good at negotiating. Of course, you have to know how to use the app first.
This article focuses on buying and selling objects and articles on Facebook's marketplace, but it is also possible to sell services on groups and facebook pages as well such as online language lessons via Skype and other types of tutoring. Have no money to start? There are rich people giving stuff away from free for starters and other ways to start a business and an online business too!
Make money selling stuff on Facebook: the basics
- Know that you can sell anything, even the most random stuff. Yes, you can make money on facebook without investment at all and people will come buy stuff for a dollar!
- Buy low, sell high! That is the number 1 rule. The price does not matter: the same item that is worth 5 dollars for a person is worth 20 to another.
- Learn how to negotiate: first, start high and wait. Second, always reply quickly. Make your "customer service" justify the price you are charging for an item.
- Learn how to use the app in detail. In special, use the reduce price feature so you can get your add up and advertise the product that is not selling.
- Never hold a product to anyone. People change their mind even if they say they don't. It can be even people playing with your time.
- Get cash first. Do not hand over a product without seeing and getting cash.
- Do not let people inside your home. Ever. Be very careful even in front of your home and check the person's profile to make sure it is legit: number of friends, good photos, etc.
- Post same adds on groups. You will be surprised by how many people don't know Facebook Marketplace.
Make money selling stuff on Facebook: sell your random stuff
People will by the strangest things. Know this. What is old to you is vintage to some teenager. That old skateboard can be someone's treasure and the same goes for some old cup or a bundle of party napkins.
- You can sell anything. You will be amazed that people will come from far to buy an old cell phone charger from 1999.
- Take good pictures. If the pictures you took did not work, do not hesitate to take new pictures.
- Have excellent descriptions that up sell the product.
- Describe as like new unless if truly damaged. What people think of something as "like new" varies. Therefore, anything goes.
Make money selling stuff on Facebook: buy low, sell high
The number one rule of sales is to approach it as an engineering problem and the problem is: how can you make the most money with each sale? In order to make money selling stuff on facebook, always up sell and be shameless about asking for a discount when buying.
- Have a standard question for every product you want to buy and re sell. Make sure it is not too far and you can pick it up.
- Negotiate below the buying price if it is stuff in your inventory for too long.
- Buy in bulk. People are lazy and sell big boxes of items for 10x below the market price. Buy it all and sell the parts.
- Low ball art pieces. Art can resell for a lot of money.
Make money selling stuff on Facebook: how to negotiate
Negotiation is about seeing every sale an an engineering problem. It means that if a person is asking for a discount, you have to know why and react accordingly. Some people need a discount, some like to haggle and others simply want to play with you.
- Start high with the price and keep on reducing it. The less urgency you have to sell the more time you hold a product.
- If a person tries to negotiate, up sell and describe in detail how good the product is and why Write a lot of stuff that up sells the product. Negotiating is how you can make money selling stuff on Facebook.
- Be direct and precise and use the details to sell. Always refer back to the description.
- Use delivery as negotiation tactic if the item is expensive enough and you have room in it.
Make money selling stuff on Facebook: how to use the app
The actual app is easy to use and it you have accustomed to using any app you will be able to use the Facebook.com app. The secret to using this to make money is to: take pictures using the app, reduce prices when you aren't selling and reply quickly!
- Use the app to add pictures. Always! It is much easier.
- Edit description in your computer with a proper keyboard. It is easier.
- Change prices from the app, it is so much easier through it.
- Always reply quickly even if you are on the road.
