One man’s trash in another man’s treasure.
In this article, we’ll learn how to make money with Craigslist as well as some cool side-hustle business ideas.
One of the most popular websites for selling unwanted items is Craigslist, but most people don’t know how to use the platform.
At least not to it’s highest level of potential – that’s where we come in. 😉
We all want to earn a little more cash, and learning how to buy and sell online is one way to do it.
In most cases, Craigslist requires you to meet up in person with the buyer.
This can be inconvenient for people who don’t live in major cities or lack a transportation method.
On the other hand, if you live in a major city where Craigslist is popular and you have a vehicle, this is a solid way to earn some extra cash.
How to Make Money With Craigslist: The Basics
Craiglist is a free website, and you can use it to advertise anything from personals to real estate.
Like eBay, it’s often used to get rid of unwanted items and earn some fast cash.
But you can create a simple business with it as well, it doesn’t have to be a one-time sale.
The problem with Craigslist is it’s mostly successful in major cities.
In smaller cities you’ll have a hard time finding sellers.
And if you live in a small town, it will be almost impossible to use the platform.
Assuming you live in a major city, using Craigslist can be fun and rewarding as well.
When it comes to making money with Craigslist, most people struggle with finding things to sell.
They sell their junk and then it’s over – there’s nothing else to sell.
It doesn’t have to be like that.
Most entrepreneurs get started with Craigslist, buying low and selling high, eventually moving on to higher ticket items with higher margins.
So you have to decide if you want to keep flipping items or if you want to find a source for a specific item.
We’ll briefly discuss each method.
Flipping Products on Craigslist..
In a previous article, we talked about Flipping Websites, and the same principles apply to flipping items on Craigslist.
But the cool thing about Craigslist is there’s a Wanted section.
The Wanted section is for people looking for something specific – and it’s an excellent place to find buyers.
Learning how to scan the various sections of Craigslist for deals and buyers is really important.
For example, maybe there’s a person in the Wanted Section looking for a cheap second hand phone, or an iPhone.
So you look in all the other sections for someone who is selling an iPhone. It shouldn’t be difficult to find someone.
Then, message that person, ask how much.
When you receive a price, throw in a little extra for your profit, and send the total to the person in the Wanted section.
If they agree, buy the phone, re-sell it that day, and earn a quick profit.
You can also increase your profit margins by bargaining a bit.
Most people want to just earn some fast cash selling their old stuff.
If you offer cash-in-hand today, they’ll likely reduce the price a bit.
Another good idea is to look in the Free section and then re-list those products.
For example, maybe someone wants to get rid of their old computer in the free section because it’s not working anymore.
You can pick up the computer for free, fix it, maybe up-grade some parts, and then re-list it.
Chances are you can make a nice profit.
But… the Wanted section can be fickle, and it can be difficult to find leads from there sometimes.
Another idea would be to keep an eye on the Collectibles section.
Most of the time, when people need fast cash, they’ll look to sell their collections.
You can buy them a resell them elsewhere for a nice profit. You can even do eBay for the resell (Click this link to learn how to create eBay listings).
A Couple More Craigslist Selling Ideas..
Another idea would be furniture.
When people leave the country, they need to get rid of their furniture.
And if no one buys it, they’ll list it for free.
If it’s in good conditions there’s potential to earn a nice profit.
Some cities have thrift shops where you can find awesome deals to re-list on Craigslist.
They’re worth a look.
You can even check out Home Depot in their discount sections or when they have a big sale.
Basically, to earn money with Craigslist you have to learn how to find the lowest priced deals.
It takes time, and usually involves a lot of traveling but it can be worth it.
Sourcing Products for Craigslist:
If you want to sell the same product over and over, we’ll need a source.
You can find factories on Alibaba.
Just make sure you calculate shipping fees as they tend to eat a huge portion of your earnings.
And remember to avoid ordering more than you can handle (Read this post to learn more tips on importing).
You can also increase your revenue by listing the product in multiple cities and locations, even countries.
On Craigslist you can list in a different area once every 48 hours!
Some people bypass this by creating multiple accounts.
To find hot items, consider looking at the best sellers on Amazon, and see if you can find their suppliers on Alibaba.
Then, order your own stock, and list the items for sale in as many cities and areas as possible.
Just make sure the items are small and light, otherwise you’ll spend a lot of cash on shipping fees.
What About Online Businesses?
But what about businesses that sell digital products?
You can also use Craigslist to advertise your digital products.
On the other hand, a lot of people do this, and Craigslist is full of scams and pyramid schemes.
If you’re selling a digital product, I recommend creating your own website, and making sales through it instead.
Not sure how to make a website?
I got you covered.
Thanks for taking the time to read this article about how to make money with Craigslist.
Remember, side hustles can be an awesome way to bring in extra cash.
Leave a comment if you have any questions!