With Christmas coming up I’ve been trying to make as much money as I can so that we have a nice healthy budget for presents. The one way I know I can make a few extra pounds is by selling online.
I like to have a good old de-clutter of old toys and clothes (to make way for the new) and anything that is in a nice condition, or designer I pop on local Facebook selling sites or eBay. Have a little browse on these sites to see the types of things that sell well and to gauge how much to charge.
If you are creative you can also sell things that you have made. Even more so at Christmas. Think about the sorts of things that you would buy online – it could be personalised tree decorations, printed quotes, handmade ornaments or even handmade clothes or accessories. If it takes off you could find yourself with a profitable business and even set up your own website selling your creations. It’s so great to be your own boss and this is a great career option for many mothers who don’t want to go back to the 9-5 after having children but who want to work or do something in their spare time.
When you are selling online there are a few things that you need to consider though…
Where are you going to sell your goods? Think Facebook local pages for bigger, bulkier things. eBay is great for things that you are going to send via post or courier. Etsy or Folksy are great sites if you want to sell your handmade creations.
Package your goods well. You want them to arrive in good condition. If you are setting up a business selling online, great packaging will make your brand stand out.
Consider how you are going to get your item to your buyer. Bigger items you sell on eBay or Facebook you can ask to be collected from your house. Smaller items you might want to send in the post. It’s also worth looking into a courier such as TNT. Often their prices are very competitive and they offer tracking services so that you know your item has been delivered.
Finally you will need to keep detailed accounts of your earnings and expenses and report to the Inland Revenue that you are self employed or earning any extra income. You might need to fill in a self assessment to calculate any tax that you owe.
Do you ever sell things from home? Feel free to share your tips in the comments below. If you liked this post please share it with your friends and Pin it for later…