Craigslist still proves itself for being a great tool for selling stuff locally. I recently posted an ad for a car alarm and received a pretty quick response. The alarm sold within 2 days of the posting date plus I received the entire asking price. People still love the convenience of buying something they can have in their hands the same day which provides a great opportunity for anyone who knows how to shop online to get great products at rock bottom prices.
The alarm I sold sells in stores for $50 + tax and online for about $30 + shipping. The alarm sat under my bed for about 6 months and then sold for $40. I didn’t make all that much as far as profit but I could of bought 3 of these alarms at this price and got free shipping which would of resulted in a higher profit.
Now the sale went pretty smoothly but you do have to take scetchy people into consideration when selling stuff on craigslist.
- Some people will make an arrangement to meet and never show up.
- Others may try to buy your product with conterfeit money.
- Some will agree on a price and come without the full amount.
- When buying, be skeptical especially with electronics.
With high risks there could be hefty rewards but most things that sound too good to be true usually are. Making profits on craigslist by buying items online and selling them locally are realistic. It takes work and research. Test a few products and see which one works the best. You’ll find some products to fly off the shelf while others don’t even get a bite.
