Looking for ways to make some extra cash for your wedding budget? You’re going to want to read this.
Let’s be honest: who doesn’t want a little more money for their big day?
That’s where the new advice from eBay.co.uk comes in to help give your wedding funds a little boost, with the website revealing their top selling tips to help newly engaged Brits.
Data from eBay.co.uk taken in the last month* has shown that selling an old iPhone could bring in an average of £132, a DVD player for £32, and a blender for £36. By selling all three of these items on eBay, savvy sellers could make a total of £200 – the average cost of a wedding cake in the UK.
Even after the wedding day, cash strapped newlyweds can help fund their honeymoon, by letting go of those one-off items used for the big day.
A silver candlestick can be sold for an average price of £15, a glass vase used for those table centre pieces for £20 and, though it may be hard to let go of, a tiara can sell for £25 – altogether earning you a romantic wining and dining evening for two.
So, for brides and grooms wanting to sell like pros, eBay.co.uk has put together the following top tips:
1. Key words are key
Take the time to get your keywords right and bidders will come, so put your tiara on and think like a bride. When buyers search, eBay automatically filters the listing titles, so it’s crucial to write your listing in language your customers would use and the terminology they search for – especially brand and product names.
2. Choose the right category for your product
It might sound obvious but it’s very important to always choose the most specific category to sell in. If you think it should appear in more than one category, you can pay a small fee to maximise your product’s visibility and likelihood of sale.
3. Opt for 10-day auctions to ensure the max number of bids
When listing an auction, you can choose whether it lasts one, three, five, seven or 10 days. The longer your item is listed, the more chance of people seeing it, so unless you need some emergency spending money for that honeymoon, pick 10 days.
4. Pictures are important
Most users will not bid on items they cannot see. For best results, take photos in natural light against a neutral background and be honest about any scratches or aesthetic damage to the item that may have incurred during the wedding chaos. Remember, a good picture often holds up a less than perfect listing.
5. Imitation is the sincerest form of flattery
Check out the best of the competition to understand the marketplace you are operating in. Consider your pricing strategy carefully following the eBay pricing recommendations and checking other eBay listings for similar product prices. Try searching on eBay for wedding shops to check out the perceived reasonable price.
6 Timing, Timing, Timing
Get the timing right. The busiest time for buyers is Sunday evenings, so schedule your listings to end around that time. Avoid times when most people will be busy, such as weekday mornings, or any big events such as sports matches or TV finales.
7. Postage costs
Consider the impact of postage costs in advance.. Use the eBay postage estimator service to check your pricing – you don’t want to be out of pocket having to cover excess postage once the product has sold.
It’s also going to get much easier to sell on eBay as, from the 3rd of March 2019, the online marketplace will introduce ‘Free to List’ for consumer sellers, making it easier to make extra money when selling through eBay.co.uk.
Paying for listings will now be a thing of the past for consumer sellers, who’ll be able to list their items for free, which you can get all the info on here.
Brb, just digging out anything and everything we can sell…