In this fast-paced world making quick money with very little or no investment seems like the thing to do! With eBay, you can sit at home and make this dream come true. With a bit of strategic planning, a set of good pictures of your product and a decent internet connection you can easily make up to $500+ a month on eBay.
Here’s is a step by step breakdown of how you can make good money selling goods returned to Amazon.
How to buy goods from Amazon Returns
With online retailing giants expanding by leaps and bounds, online shopping has hit an all-time high. Giving us the ease of shopping in our pajamas, with the mere click of a button, online shopping is the “in” thing. Coupled with 30-day returns and free return shipment policies, even returning an item bought online has become hassle-free and convenient.
Right from clothes, groceries, upholsteries to phones and phone cases are being returned regularly to Amazon.
The reason for return varies according to the whims and fancies of the customer – from incorrect size to unpleasant color of the item ordered.
At times, the customer orders five to six pair of shoes or tops to try them and to send back four of them, in which case the return rate is almost 70%. It is estimated that almost one-third of the items bought online are being returned daily.
It is to be noted that once the seal is broken by the customer the item is no longer treated as good as new. In very rare cases does Amazon re-packs such goods and sells it again as new.
But in almost 80% of the cases, the goods are graded by the warehouse executives specifically dedicated to this task and are sold as a part of the “Amazon Warehouse Deal” sale.
If you want to grab a decent looking product for a decent price and make a profit out of selling it then, buying goods from Amazon Warehouse Deal is the best thing that you can do.
Tips to buy goods from Amazon Returns
There are a few tricks and tips to get the maximum of this whole thing of buying from Amazon returns and making money off it from eBay.
Once you have decided the item or the goods that you need to buy, keeping tabs on the price of the warehouse deal is the key.
For example, at Quicklotz their is a multitude of options from small cases of Amazon Returns to full truckloads- obviously the Amazon truckloads provide the best profits due to buying in bulk. However if you are just starting out the "Amazon Mystery Boxes" are a low cost way to test the waters.
Quicklotz has a policy of grading items as per their quality.The most common grades are “Like New”, “Used - Very Good”, “Used-Good” and “Used – Acceptable”.
Picking on the goods which fall under the first two categories is sure to fetch you a good few extra dollars when you sell them again.
Steps and tips to sell on eBay
Once you have your item ready to sell on eBay, the first step is to create a listing. A detailed listing with accurate information and attractive photos is the key factor in determining how much money and profit you’ll make. It’s recommended to upload up to 12 photos of your item—capturing every feature from multiple angles, if possible.
A clear description of each feature is essential to help buyers narrow down their choice. It’s also important to use relevant keywords that attract potential buyers. In this case, showing off your product pays off—you might even earn more than expected.
Before setting a price, make sure to research the actual market value of your item. Competitive pricing is crucial since buyers have many options. A fair price is a win-win for both you and the customer. The day you publish your listing also matters and can influence your returns.
For maximum visibility, make optimal use of the 10-day listing option. Starting on a Thursday lets your item stay live over two weekends, which are the busiest days on eBay.
Alternatively, if you’re using a fixed price, it’s best to choose a 30-day listing. The longer your listing stays up—and the more competitive your price—the greater your chances of making a profitable sale.
When an interested buyer contacts you, be sure to answer all their questions promptly. If your item is already priced at the best rate and you can’t reduce it further, consider offering perks like free shipping or using a trusted courier service at a reasonable rate.
Keeping buyers happy is just as important as making a profit. eBay’s rating system allows customers to rate their purchase, and positive ratings will boost your reputation as a seller—helping with future sales.
Once you receive payment confirmation, ship the item within 3 working days and ensure delivery within 7 days. The buyer then confirms receipt within 5 days, after which eBay transfers the funds to your registered bank account.
If you have free time and want to make some extra money, eBay could be the perfect platform. With a little patience, research, and consistency, eBay can provide solid returns.
