How To Create A Profitable Craigslist Business Model
There are a lot of things one should
understand about Craigslist when
someone is planning to sell something on
this site. The main attractions of this site
are its user-friendliness, and free listing
of items to be sold. You can even buy
and get the items delivered quickly as
almost all the deals are local.
Selling Process on Craigslist
Few people think that you may just
throw your items on this site and get
cash in return. This can be correct, but to
be a successful seller and make more
profits, you need to be different from
others and your presentation of products
should also be unique. Here are a few
tips that would be helpful for you for
being a regular and profitable seller on
Craigslist.
Research the Market properly
Market research is primarily required to
check competition and to identify the
popularity of your product. This should
not take a lot of time, but surely would
help you identify the probabilities of
your product being sold and tentative
cost. These are the most important
aspects when you are planning to sell
something. In case your item is not
popular, you may hold it for some time
until it is more popular.
In reference to Craigslist, market
research specifically means, locating the
item you are planning to list here. In case
you find a lot of listings, than your
product is common. Here, people tend to
search for common items. However, if
the listings are less (say just 1-2), then
it’s an uncommon product. Other crucial
pointers you need to check here are:
• Pricing for other items
• Description of other items
• How these are different or relate to your item
Describe your Item in and out
A quality description is something which works as a salesperson when you are not there to physically describe your item. Few question which can be answered easily with a good description are:
• What is your product?
• Are there any problems in it?
• Are any items missing?
• Is it used or new?
• Pricing
• Your point of purchase
Remember, if you have included a detailed and a quality description, you would get a lot less queries. Think of the information you would be looking for when you purchase that exact same thing and make sure to include all those things pre-hand. You can include:
• Model of Item
• Make
• Brand
• Age
• Add-ons
• Malfunctions
• Issues
• Any such thing that you feel should be shared with the buyers.
Sellers who have poor descriptions
don’t sell well.
Display Photographs
Photographs are considered to be an
essential and an amazing way to boost
your sales. You can upload multiple
images of each listing on Craigslist.
Irrespective of the product, at least one
image should be included for your
listing.
If possible include the photographs taken
from different angles. Great photographs
can actually help you sell your product.
Remember, good photographs can give
you good sales, however, with terrible
photographs results would also be
terrible
Highlight Competition
Everyone is very price conscious
nowadays and Craigslist gets benefited
naturally. All the deals on this portal are
just about exchanging. You as a seller
give the best price and in turn a buyer
would offer you their counter.
The key point here is to stay in competition and for that you always need to keep a watch on your competitors:
• What is the cost of their item?
• Are you quoting higher than them?
• If their cost is less, why?
To sell the products efficiently and quickly, the price would be a major deciding factor. You can start high and then go low. By doing so, you would have the opportunity to negotiate.
Reply Swiftly
Everyone wants their things swiftly and
without any problems. Never keep your
prospective buyers waiting for the
clarifications or for answers to their
queries. This is considered very rude.
Just keep in mind that they are trying to
contact you for something (a sale) which
would benefit both, so be nice and reply
quickly.
Meetings should be planned at a public place.
This is primarily for your safety.
Everyone whom you meet on web
world is not trustworthy. So, allowing
people to come to you home would be
like compromising with your safety. Be
careful and be safe…
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