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Wednesday, July 7, 2010

Closet Cull: eBay Selling FREE to list Auction-style, any start price, June 29-July 12

One of the tools in a  bargainista's frugal fashion guide is selling on eBay.  I've talked about this before, but with a new special on free auction style listings running on eBay until July 12th, it's a good time to remind you all about this way to get value from all the stuff hanging in your closet that you are not wearing.  I frequently do a little closet cull and list items for sale on eBay.  Sometimes I buy things that I then tire of, and find I am not wearing on a regular basis.  Then, there are what I call 'irresistable impulse" items.  These are the items that maybe you lusted after like an H&M limited designer collection, or Topshop Kate Moss.  Maybe you got all caught up in the buying frenzy and had to have these items, but one year later they are still sitting in your closet with the tags on them because, well, they just really don't look good on you, or , you are tired of them.  I also know women who bought some of the Kate Moss stuff thinking they would wear it one day, after they lost 5 lbs, but then never did, so they then never felt comfortable wearing it.  Now is the time to recoup your shopping losses and sell this stuff off.

eBay is running a special for sellers from now until July 12th to list your items for free (no eBay insertion fee) when you list your time Auction style.  This means your items is open to bidding, not Buy it Now (fixed price.)  Since eBay seller fees have gone up like everything else, this is a good time to sell and maximize your profits, without eBay taking more of your money.  Generally, I like eBay much better than consignment stores for selling.  The Consignors sometimes take up to 40% or more of your profits on resale.  So think about selling what you are not using, recouping some of your shopping dollars, and reinvesting it in your savings or something you might just really wear.  Check eBay for the details and all of the fine print.

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