There are many reasons why you might want to sell your used electronics. From spring-cleaning, your house or apartment and getting rid of old phones, to raising cash for something important, selling used electronics can prove to be an easy and efficient way to remove clutter and get extra money at the same time.
The good news is that there are many different ways you can sell your used electronics. From cell phones, tablets, and cameras to laptops and iPods, the market for used electronics is significant. This means there are a lot of people looking to buy used electronics just like yours, hoping to bag a bargain and help you get them off your hands.
If you’re looking at making the most money out of what you have, do not just dump everything on the first platform you find. With a little bit of homework, you can increase the amount of cash you are able to get back – which is exactly what this article will help you with. Keep reading to find out more.
7 Best Places To Sell Electronics For Cash
Once you have done your research, it is time to start considering the platforms on which you want to sell. Do keep in mind that you do not have to restrict yourself to any one platform – in most cases, you can advertise on multiple ones. This can help you extend your exposure and reach potential buyers.
Here are the best places to sell used electronics online:
Decluttr offers an easy way to sell many different items, including electronics, mp3 players, CDs, DVDs, and even books and lego sets. With Decluttr, you are selling directly to the company, so there is no looking for buyers. They offer instant valuations and free shipping. Once the item arrives at their warehouse, if everything checks out, you can expect to receive your payment the very next day.
- Buys a variety of electronics
- Quick estimates
- Look out for low offers
- No room to negotiate higher prices
Gazelle is an online platform that buys your used electronics directly – but it’ll only buy a limited number of brands. It’s a popular place to sell Apple, Sony, and Samsung products. This means that you don’t have to wait for a buyer – Gazelle is your buyer. You can get an instant offer from Gazelle for a number of different devices, including smartphones, tablets, laptops, and computers. You can get a quote in less than a minute – as well as a free shipping label.
- Free shipping
- Quick and easy to sell
- The price offered may change
- Lower price than selling to buyers
3. Trade-In Programs
A number of outlets and manufacturers have buy-back and trade-in programs that can help you save money if you are looking to upgrade or sell quickly. Depending on the program you choose, you may be able to sell devices of different kinds, sometimes even those that are not in working condition. Some programs can also give you a cash offer, although this will, in most cases, be lower than in-store credit or credit toward a new device.
- Quick to sell
- Wide range of devices accepted
- Not all Trade-In programs are available online
- More likely to be offered a voucher not cash
Craigslist might have a bit of a reputation, but it still offers you the chance to sell used electronics. Whether it’s smartwatches, gaming consoles, headphones, or drones – Craigslist is definitely worth checking out. There are no fees involved, so it might be worth listing it here regardless – and users can sell anything from iPads and wearables (like apple watches) to video games and Kindles. Setting up an account is easy, and there is no limit as to how many listings you can have under one account. You can accept payments in cash upon delivery or request an online payment. In most cases, Craigslist is used to sell things in local areas.
- Free listings
- Room for negotiation
- No payment assistance
- Can take longer to sell
eBay is one of those platforms that does not need any introduction. They are the go-to place for buying and selling pretty much anything, including your old electronics, and have a good reputation all across the world. Of course, you can expect considerable competition here so you might need to do more groundwork to sell. If you don’t already have an account, setting one up is very easy, and there are different payment methods available.
- Can sell at a higher price
- Control over your listing
- Requires more administration work
- Can take longer to sell
6. Facebook Marketplace
Facebook Marketplace is most effective when selling locally. You might also be able to find selling groups where people sell and buy items such as electronics, among others. Setting up a listing is easy. You will need to have a Facebook account, of course. Once logged in, simply head to the Marketplace option and add your items.
- You can sell any electronic device
- You set your own price
- Works mostly locally
- You might need to meet buyers, so be careful!
Nextworth is a platform that directly buys your used electronics. Getting a quote is instant, and the price offered is guaranteed for 30 days. Do make sure you answer truthfully when filling in the quote form as otherwise, you might get a lower offer once the device is inspected, which can lead to unnecessary delays.
- Free shipping
- Easy to sell
- Only accepts specific devices
- Lower pricing than market value
How To Sell Used Electronics Online
Before you start posting on websites and other online platforms, there are some things you should do first. By following these guidelines, not only will you get more cash for the electronics you want to sell, but also stay safe and even help yourself earn more in the future should you wish to sell more things.
Here are 5 things you should consider once you have decided to sell your used electronics online.
1. Move Fast
Once you have made the decision to sell something, you will need to move as fast as you can. The price of electronics depreciates over time, taking bigger hits when new versions of the product are released. This can also happen when new technology becomes available on the market. An example of this is selling your Full HD TV only to find out that you can now buy 4k UHD TVs. The quicker you move, the more you can ask for the electronics you are selling.
2. Do Your Research
Generally speaking, you will only be able to sell something at the price that the market (buyers) is willing to pay for it. Before setting your expectations, do a bit of research to see what similar products are selling for. After all, you might find out that it’s more worth it to keep it. Be sure to match the specifications and the condition of the item, and do not forget to check whether shipping is included in the price or not.
3. Consider Your Time
Selling can be quite time-consuming. If you do not have time, you might want to consider a buy-back program. This is worth checking out in any case. If you have more time to devote to selling and think you are able to get a better price going solo, then, by all means, go ahead. If you are unsure which platform is the best for you, continue reading to learn about the different selling platforms that are available and what you can expect.
4. Clean It Up
Most electronics tend to store sensitive data. This is especially true when it comes to gadgets such as laptops, smartphones, and tablets. Make sure you wipe it clean by formatting it or using the built-in factory settings restore function. If you are not quite sure how to do this, make sure you check with someone and double-check that there is no data left. After all, you do not want sensitive banking information and other personal data to find its way into the hands of a stranger.
5. Check The Fees
Many platforms have some fees involved – this is how they make money to keep the platform up and running. Fees eat away at your profit, so this is something that you need to consider very carefully when choosing which platform to sell on and the price. You might want to increase the price of your item, but be careful that you do not end up at a much higher price than your competition. This is also true for shipping costs.
Setting Up Your Advertisement
When selling online, the advertisement you set up is going to be doing most of the talking for you. Think of it as your salesperson that is going to try to attract buyers and convert them. This means that the work you put in your advert can make the difference between selling fast, slow, or not selling at all.
Here are some tips to make the most out of it.
When setting up your advert, it is very important to be as honest as you can. Not only will this help you avoid any hassles afterward, but it also goes a long way in helping you build a solid reputation online. After all, you never know what you might want to sell in the future, and good ratings go a long way in helping you sell faster at more decent prices.
Take Good Pictures
When it comes to selling online, a picture speaks a thousand words. Make sure the photos are of good quality and that there is enough lighting to see the product clearly. Try to take pictures from different angles, even if there is slight damage. This is important as buyers tend to get suspicious when they cannot see something.
Many platforms allow you to input keywords. These are the words potential customers will use to find devices just like the one you are selling. Make sure you include all of the relevant keywords. If you do not know where to start, be sure to check out what the competition is using.
Frequently Asked Questions
Now we will have a look at some of the most frequently asked questions when it comes to selling your electronics online.
What is the best website to sell electronics?
The best website to sell electronics will depend on a number of things and your circumstances. Since these tend to change from one person to the next, here are a few questions to ask yourself before deciding which website to use.
- How much time can you dedicate?
- What is the make and model of your device?
- In what condition is it?
- Do you want cash or a voucher towards a new device?
If you don’t have a lot of time, then a buyback or trade-in website might be a better option for you. Here you are most likely to get a voucher to be used towards your next purchase but always double-check.
You can also try one of the websites that buy directly as this saves you time meeting buyers and negotiating prices. Some websites only accept items in good condition while others are open to damaged items, so choose accordingly. Many sellers are also interested in buying damaged items as these can be used for parts.
Where can I sell my electronics online?
There are many different websites and platforms where you can sell your products online. If you want to sell it to purchase a new model, then a trade-in or buyback program is going to be your best bet. If you want to sell it as fast as possible, then there are many websites that can directly purchase your used electronics. If you want to make the most money, on the other hand, you should look at listings websites.
These require more work but can ultimately maximize how much money you can actually make.
Where can I sell my electronics fast?
If you are looking at selling fast, then a trade-in/buyback program is one of the fastest ways to sell. You can also try one of the many websites that directly buy your used electronics. Both options allow you to get instant quotes and fast payments. The downside here is that the given quote is not usually up for negotiation. This means that you might not be able to get as much money as selling directly to buyers.
On the positive side, it can save you a lot of time and energy.
Where can I trade in electronics?
There are a number of stores and manufacturers that offer trade-in programs. Keep in mind that in certain cases, these are also called buyback programs. They generally work the same way, but buyback programs, as the name suggests, buy back electronics bought from the same store or manufacturer.
In this article, we have listed a number of stores that are known to offer trade-in options. You can also check with your favorite store or manufacturer if one is in place.
Sell Used Electronics To Generate A Side Income
Selling your used electronics online can be an easy and efficient way to reduce clutter in your home and also get some extra cash. It is also a kind thing to do for the planet as it reduces waste and gets more usage out of a device that still has some mileage left in it. This makes it a win-win for everyone involved.
Of course, you’ll want to make as much money as possible from selling your items. If you have the time, try selling through different platforms, and if you are getting quotes, it never hurts to try multiple platforms; after all, most of them do offer instant quotes.
By following our tips above, you can make sure that you are able to sell your items for the most dollars possible – and that is always a good thing.