Earning money online is not only limited to the digital products. In fact, selling physical products you own, and don’t necessarily need, is often the best way to kick-start your online income journey.
During my own financial freedom journey, I sold everything I no longer used or needed on eBay. The extra few thousand dollars I earned was used to build new passive income streams and helped me to move one step closer to my dream.
You can even go further with this and make a living out of it by buying wholesale products and selling them on as Powersellers. There are quite a few marketplaces existing online. Here are the top ones:
1. eBay
eBay is, of course, the biggest and most popular auction and shopping site out there. You pay a small insertion fee to list your product (starting from 10 cents) and a small portion of the selling price (10%) if your item sells. Currently, insertion fees for your first 50 listings per calendar month are free. Also, if you are planning to sell on regular basis, you may want to consider setting up an Ebay store. Among other things, this will allow you to list your products at reduced rates.
2. Craigslist
Craigslist is not as ‘feature-rich’ as eBay but it’s easier and quicker to use. You don’t even have to “join” to list something for sale, however there are some advantages to “joining” including being able to keep track of your posts and repost your product’s ad. And best of all? It's totally free.
3. Fulfillment by Amazon
FBA is one of the most lucrative ways to sell physical products online. All you need is a product to sell, and Amazon takes care of the rest - packing, logistics, customer service, etc. Of course they’ll charge a percentage on your sales, but compared to setting up your own shipping, warehouses, customer support, etc, it’s definitely worth it.
