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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