How to Make Money on Craigslist

Strategies to Make Money on Craigslist

As we all know, it's not complicated to make money on Craigslist. It's easy to post items and get paid. But to earn a living selling items on Craigslist, you would need to identify strategic ways to earn money on CL.

Make Money on Craigslist

Craigslist has been a major resource for sellers since 95'. Across the globe, internet entrepreneurs have earned thousands selling products through the classified ad site. Many people around the world use these basic techniques to sell items on Craigslist, and so can you.

The sale of goods can be profitable nowadays. However, if you want to attain success, you must understand the basics of selling items on Craigslist. Fundamentals like don't post duplicate content, respond to buyers A.S.A.P., or don't meet people at nighttime. In addition, you must have a strategy. By strategizing, you can increase profits and sales. Instead of earning $300 posts, you could earn $500.

Finally, be sure to read the policies, terms of service and posting options before posting ads. The site currently allows you to repost your advertisements every forty-eight hours. Your account can get flagged by not following the rules, or even worse banned. At any rate, below are effective marketing strategies that can help you maximize your profits:

1) Create a Craigslist Account

If you do not have an account, start by signing up for the site, the membership is free. It will benefit you to have an account. You can use more features and keep track of all your postings. This will help you identify titles and phrases that are effective.

2) Browse Though the Site

To begin, browse around and get familiar with the site. Check out the pages or posts you're interested in. Even check out the content you are not interested in. Click through all the sections to get familiar with the site. It can be time-consuming contacting customer support for information that is already provided on the site.

3) Post Professional Photos

When a post has photos, buyers are more likely to click through. In addition, ads that look professional also attract more attention. I highly recommended using a digital camera to take photos. For those who don’t own a digital camera, consider purchasing one. It will pay off in the long run. Studies have shown low quality photos have a high bounce rate. Whereas high quality photos have a lower bounce rate. Maintaining a lower bounce rate is important. A lower bounce rate declares conversations with potential buyers are ensuing.

4) Provide Valuable Customer Service

If you're planning to get paid on CL in the long haul, it's essential to keep customers happy. Customer satisfaction is a key fundamental in marketing. In business, customers are essential. Without customers, a business would not exist. Therefore, you must provide valuable customer service.

5) Find Free Items to Resell

The most profitable product you can sell is something you didn't buy. To sell are free products. Marketing products that are free yields one hundred percent return. Take advantage of the free section under the for sale column. You never know when you will get lucky. Junk to some people may not be junk to you. Sometimes people give away 42 inch Sony televisions because owners upgrade their home entertainment system. You can turn around and sell these free items!

6) Don't Post Duplicate Advertisements

Never duplicate the same advertisements. Members will flag your post, and eventually CL will not post your ad if spiders detect duplicate content. It is important to keep your headlines fresh and attention grabbing. This will help you attract valuable visitors. It's vital to have beneficial customers, as opposed to non-beneficial customers. Valuable buyers will usually show up on time and give you the contact information. Valuable customers also bring the correct amount of money for the purchase, things of that nature. Non-value buyers are usually the ones that are hard to deal with. These individuals always asking for a bargain, don't show up on time, or not showing at all. In conclusion, by posting adequate material, you can influence your audience, potentially leading to quality buyers.

7) Buy For Cheap, Sell For More

Buy products for cheap, then sell your products at a higher price. You can easily find places in your city that offer discounted goods. These are places like garage sales and flea markets. Here are a few other places you can browse; pawn shops, antique stores, discount stores, wholesale companies, and online drop shipping companies. It's highly recommended you continue to research this step if you are awaiting to generate profits. The more resources you find, the more money you make.

8) Respond to Potential Buyers A.S.A.P

A terrific way to sell your products faster is by responding to potential buyers as soon as possible. Make sure you are reachable by both methods, email and phone. You want to be as convenient as you can for potential buyers. Some buyers who are looking for a purchase can be at work and would rather email than make a phone call. People who post ads saying do not contact them by email are losing potential buyers. Imagine the amount of people who may not even own a cell phone or landline. Cell-phones are important to have, because nine times out of ten you will have to meet someone at a specific location to make a purchase.

9) Find Jobs Under Craigslist Gigs Section

If you have time on your hands, you can always find a job under the gigs section. There are opportunities available daily in most cities. You can find computer gigs, writing gigs, creative gigs along with a few others.

10) Meet Buyers in Public

Last but not least, meet buyers in public places around crowds of people. Ordinarily it's safer to meet customers during the daytime. Not only for your safety, but this gives buyers a sense of safety as well. In addition, if something were to go wrong, it's more likely to be witnessed during the daytime. Safety is the number one when you are meeting strangers.

11) Start Trading Products

Have you ever heard the red paperclip story? This story is about Kyle MacDonald. A man who started by trading a red paperclip on Craigslist and ended up with a farmhouse. He achieved it in fourteen transactions!

Paperclip to Farm House Story

  1. The first transaction was trading a paperclip for a pen in Seattle.
  2. Thereafter, the pen got swapped for one doorknob in Seattle.
  3. Next, he traded a doorknob for a camp-stove in Amherst.
  4. Then he exchanged a camp-stove for a Honda generator in California.
  5. After that, he bargained a Honda generator for an instant party (empty keg) in N.Y.
  6. His sixth transaction involved trading an Instant Party for a ski-mobile in Quebec.
  7. At that point, the Ski-mobile got traded for a two-person trip to B.C.
  8. The eighth transaction involved trading a second spot for the trip, exchanged for a box truck.
  9. The box truck bartered for a recording contract with American singer Jody Gnant in Ontario.
  10. His tenth deal, he hawked the Jody Gnant contract for a year's rent in Arizona.
  11. A year's rent in Arizona traded for an afternoon with Alison Cooper.
  12. One afternoon with Alison Cooper, swapped for a motorized snow globe by the band KISS.
  13. The thirteenth deal, he traded a snow globe to Corbin Berson for a film role (Donna on Demand).
  14. Last, the movie role got traded for a two-story farmhouse in Kipling, Saskatchewan.

In conclusion, CL might be worthwhile. Average people worldwide can start with nothing and end with everything. If you dedicate yourself to the task. Anything is possible, as long as you will sacrifice your time and put forth effort.