Martin Lewis hack could help you earn serious money on Facebook and eBay

Are you trying to earn yourself some money?

Martin Lewis, 48, is always looking for ways to help the nation.

Now the Money Saving Expert founder has shared advice for selling second hand goods on eBay and Facebook.

In his latest newsletter, the guru explained how you could make hundreds of pounds if you put your mind to it.

He made two guides on his website to provide sellers with a "crash course" on how to earn money on auction sites and social media.

So this is really useful for people who are planning a huge wardrobe clear out this weekend.

Have you managed to save money in recent months? Share your thoughts with us below…

Facebook is becoming a popular platform for selling items now with Marketplace not charging any fees.

But it only works if you're selling locally, whereas eBay gives you a wider audience since buyers expect the items to be posted.

Also it doesn't matter if your stuff are faulty, they can still sell.

Many shoppers tend to look around for spare parts so are happy to buy something cheap and fix it themselves.

Martin's tip for anyone looking around their homes to find something to sell is to apply a one-year rule.

So if you haven't used something for 12 months, it's probably time to sell it.

But that doesn't mean everything you own will fly off the shelves when you go to flog it.

The MSE expert says that new items, which are still wrapped or boxed, will sell for a higher price.

  • Tesco shares clever trick used to get customers to wear face masks in store

Branded goods will also sell too as the buyers will trust the label.

Sellers can offer what's called a "job lot" if you have loads of similar items to give away as a bundle.

Martin also advises to check the "completed listings" on eBay to get an idea of how much something has previously sold for.

That'll help you to price an item to leave room for haggling.

And for those trying to sell their junk through Facebook groups, they can have a lot through previous posts.

This will mean they can see if there are any "wanted" adverts.

Someone local might be looking for something you've got hidden away.

It will also give you a chance to make some quick cash.

Source: Read Full Article