February 4, 2012

Ways to Earn Extra Income

If you are looking for ways to earn extra income, below are a couple of ideas for you.  When you need some extra income, you want it FAST.  I’m not talking about starting a business and waiting for it to become profitable. There are just some times that we are short on money to pay our bills or to pay for some advertising for our business.  That’s when we want some ways to earn some extra income quickly.

Here are a couple of ideas that shouldn’t take you too long to see a profit.

Ebay and Craigslist Flip

Selling your items on eBay and Craigslist can be profitable and a fairly easy way to make some extra money, but you are bound to run out of things to sell and then…no more money comes in.

So what can you do?

Without getting involved in a wholesale process, you can quickly find things to sell by buying items on eBay and reselling them on Craigslist, or vice versa. You can even place “want ads” on CraigsList for specific items that you know will sell well on eBay, negotiate with the seller for a low price, and flip them for a profit on eBay or other niche auctions or marketplaces. You can also use sites like USFreeads.com to buy or sell items.

Here’s the key – sell what you know. And if you don’t know much about an item, use eBay’s “past auction” search feature to get an idea of how much your item will likely sell for. If you’re not sure that you can make a profit, then don’t buy it.

Other good resources for finding items to sell on EBay or Craigslist are What Do I Sell? and Boutique Bargains.

OR Here’s Another Idea…

Buy Products Offline, Sell Online

Here’s an idea that is very similar to the last – except in this case, you seek out items offline to buy, and then sell them online for a profit. Of course you can also seek out online products to buy and sell them offline.
Here are a few ways to raise quick money by selling offline products online:

  • Find products to resell at garage/yard sales, estate sales and offline auctions
  • Attend flea markets, craft fairs and similar events to find products.
  • Place want ads in your local newspaper to seek out “hot” products to resell.
  • Visit stores that are going out of business to secure liquidated merchandise you can resell.
  • Seek out closeouts, overstocks and liquidated merchandise online and offline through publications and sites like The Closeout News.

Once you get the merchandise in hand, selling it is easy.  Simply go to eBay.com, CraigsList, USFreeAds or niche marketplaces to move your products fast.

Happy Selling!

Comments

  1. JoJo Tabares says:

    Wow! You really do think of everything!

  2. This is an area that really piques my interest. Thanks, Laurie, for being ahead of me! :)

  3. Ideas are what make the world go around. I have been using these ideas for years they work. I promise!

  4. Laurie Neumann says:

    Thanks for the confirmation!

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