Three quarters of people plan to sell items to cope with the rising cost of living, according to eBay

Three quarters (77%) of Britons have already started or are considering selling household items to cope with the rising cost of living, new research published by eBay UK reveals. Since selling unwanted items is a method that could help line the pockets of the nation, eBay has crunched the numbers to reveal what used items you can sell, to cash in on more than £1,000.

From musical instruments worth nearly £150 gathering dust to old laptops worth nearly £300 that have since been upgraded – there’s plenty you can sell to earn money and move elsewhere to extend the life of the item.

In addition to selling items from around the house, more than half (56%) of the nation will make efforts to spend less, and a quarter (28%) see themselves tapping into savings, like four in five ( 84%) UK adults are currently concerned about rising inflation in the UK.

It’s both rising bills and the simple pleasures in life that consumers are scrambling to replenish their pockets to afford. While the majority of people worry about rising energy costs (77%), others wonder how they can afford to go on vacation (34%), eat out (30%) and buy gifts for family and friends (24%).

As Emma Grant, Head of Prelikes at eBay UK, put it: “We know that people in the UK are concerned about the rising cost of living, and while selling unwanted items may not be a solution to the whole problem, it can be a way great way to earn extra money to pay the bills or contribute to your savings for a vacation this summer. At the same time, you could help someone else find something they’ve been looking for, but without the exorbitant price tag. A victory for you, someone else and the planet.“

“”I’m a big fan of finding ways to reduce consumption and eBay hasn’t just allowed me to sell niche items, such as my retro video games,” added Tom Nagel (26) who has banked £600 selling video games on eBay “I’ve also recently been buying second-hand tech items. You’d never think to find some of these things on eBay, but you’d be surprised. So it’s not just the money you can make on eBay that’s so valuable, but also the variety of second-hand goods on offer.

With over 27 million buyers on eBay each month, the online marketplace can help top up your bank balance. Buyers can also easily donate to charity during the sale, simply select the proportion of your sale they wish to donate and choose from over 8,000 charities listed on eBay.

New to selling on eBay? Never fear, these 5 simple tips from Emma will help you optimize your ads:

  1. Keywords are the key – Take the time to define your keywords well and the bidders will come. When buyers search, eBay.co.uk automatically filters listing titles. It is therefore crucial to write your advertisement in the language of your fellow users and to use the terminology that they are looking for, in particular brand and product names.
  2. Choose the right category for your product – It may seem obvious, but it is very important to always choose the most specific category to sell in. Make sure, if you are selling old children’s clothing, that you are selling in the children’s fashion category, rather than in general fashion.
  3. 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 cosmetic damage to the item.
  4. Be as detailed as possible – Be honest about the condition of the product and be sure to note any wear and tear. By including details that can’t be seen in the picture, for example if you’re selling clothing noting the feel or fit of the product, you’ll help buyers decide if this is the item they’re looking for. they need.
  5. Be realistic with prices – think carefully about your pricing strategy by following eBay’s pricing recommendations. Try looking for similar items on eBay, to make sure you are looking for the right price and always ask yourself “would I pay this price for this item?”

Average Selling Price of Key Home Items***

product category

Average selling price***

Used Technology

Total: £528

Portable

£290

Printer

£29

smartphones

£153

Cameras

£48

DVDs and Blu-rays

£8

growing children

Total: £67

Baby books

£11

Baby carriers / backpacks

£32

Pushchairs and prams

£40

Children’s furniture

£22

nursery bedding

£12

old hobby

Total: £316

DJ equipment

£68

Skateboard

£23

Musical instruments

£137

Garden tools and equipment

£19

Pianos and keyboards

£69

House and closet emptying

Total: £165

Clothing, shoes and accessories

£36

Rugs and carpets

£28

Vintage and antique jewelry

£39

Kitchen utensils and tableware

£22

picture frames

£40

TOTAL

£1,106

*** All prices are the average selling price of this C2C category on eBay

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