How to Make a $100 Extra a Week - Reselling Apps

Monday, May 22, 2023

If you read this post you know that we are kicking off series and trying to make us a little more money. I posted this video about how I made $210 in one week using reselling apps. Reselling apps are just as they said - a place where you can sell things. It's simpler than ever to sell your old stuff online, whether you're trying to clean your entire house or just a few items that you no longer need. It's simpler than ever to earn money from things you already own thanks to apps and websites that specialise in everything from clothes and furniture to jewellery and even broken gadgets.There is not of places you can sell things, some more specialized, but most are free. 

The apps I have tested and websites for reselling items and these are 3 that I have tested out for 30 days: 
Best for selling everything without fees: Facebook Marketplace
Best for selling handmade and vintage items: Etsy
Best for selling clothing: Poshmark

Facebook Marketplace first launched in 2016, and the e-commerce and resale platform is available to anyone with an Facebook account. Posting is super simple, you take a photo, provide short description, and you can list. You can also join your local group and sell to even further audience.
The downside of facebook marketplace is that you get a ton of messages (mostly "is this available") and you have to dedicate some time to answer.  I listed 15 items from cleaning my closet out, all listed for $20 or less. In first week I sold $155 and $45 in week number two, $0 in week 3 and $15 in week 4. 

Poshmark is a social commerce marketplace where users can buy and sell new and secondhand fashion, home goods, and electronics.Poshmark now operates in the United States, Canada, Australia, and India. The process is fairly simple, you can create a free account, take photos and post with descriptions and its free to list. When you sell an item the buyer will have to pay shipping, and Poshmark provides you with a label for shipping.
The downside to poshmark is that the commissions on sales are fairly high and since poshmark is a social platform. Most sellers have to be at least somewhat active on the platform to see more sales. I listed 15 items, and in first 3 weeks I didn't sell anything but in week 4 I sold $55.

Etsy was first founded in 2005 as a platform for selling vintage items, craft supplies and handmade goods. The process of setting up and Etsy store is fairly simple but can be time consuming. The process of posting items to sell is fairly simple tho, and once you do a few its fairly easy. The downside of Etsy is that Etsy sellers incur: a listing fee, a payment processing fee and a shipping fee which can add up. I listed 5 items on Etsy and first 3 weeks I had no sales but in week 4, I sold $20 worth of items.

Few tips and tricks I have learned.
Good pictures (good lighting, white background) do better.
Listing details help - size, measurements if you have them, color etc. also helps
Use promotion tools available within Etsy and Poshmark (share to social media).
Do a little research, especially when it comes to pricing. All the reselling apps are very saturated so you wanna be competitive.  

These are great options if you have things you want to get rid of, and if you have a talent to create items you can sell.