Review – Ways to Make Money from unwanted Baby Stuff! :)

We all know that our babies grow up fast… too fast. That gorgeous coat you bought from Next only a few weeks ago is suddenly too tight around the arms, and her jeans are starting to look like three quarter lengths… She is growing out of things as fast as you can buy them!

Like me, you may decide to put them all in vacuum bags and store them in the loft, in the hope that you have a 2nd of the same gender, so that all your money doesn’t go to waste! Alternatively, you might decide to try and sell them on, to try and recoup at least some of the funds you have parted with… lets face it, nappies don’t buy themselves!!!

Real Mum Reviews shares our verdict on the pros and cons of three different places to make money from your unwanted baby goods, Ebay, Gumtree and Baby Bargainz Solihull.

Ebay  www.ebay.co.uk

Pros:

  • As a buyer, there is the potential to get things at very low prices!
  • As a buyer, you have to have time to bid and to win an auction, often need to be around at the auction end time, as many buyers wait until the dying seconds to bid.
  • Ebay Feedback allows you to check the reliability of sellers before you buy, to ensure that you are not giving money to an unreliable source. Ebay and Paypal also offer a dispute service to protect you in such instances.
  • Ebay is global, and gives you the potential to buy and sell stuff throughout the UK and abroad,
  • Variety of payment methods accepted, including Paypal, cheque, postal order etc.
  • Bidding process is quick and easy and can be done from your phone and whilst on the move.
  • Sellers can set a reserve price on high value items to ensure they don’t sell for a ridiculously low price.

Cons:

  • When buying items, postage charges can be high – some sellers charge higher postage prices on purpose to ensure they earn enough money from auctions with a low starting bid.
  • As a seller, there are some obvious fees to pay (e.g. around 15p for each clothing auction) unless you time your listings to be posted on a free listing weekend (which happen around every 2 months). Ebay then take a percentage of the final selling price, AND If you accept payment via paypal, paypal take a cut too! Suddenly selling that Next coat for £3.99 doesn’t seem so profitable!
  • Listing items is relatively time consuming, even when using the free ebay Iphone app, as you need to photograph, describe and categorise your products.
  • Sometimes products aren’t as they appear from the photographs! What might look fantastic online can be quite different when it finally arrives!

Gumtree www.gumtree.co.uk

Pros:

  • Gumtree operates via collection only – meaning that there are no high postage fees to pay!
  • By going to view the product in person, you have the opportunity to walk away if the product isn’t as described.
  • Item is sold at a set price and therefore no need to bid.

Cons:

  • Collection does involve going to the house of someone you don’t know, and this might be unnerving. Its recommended to not go alone, just to be on the safe side.
  • For sellers, Gumtree has gained a bit of a reputation for attracting “tyre kickers” who agree to purchase but then haggle at the doorstep and potentially waste your time.
  • As a seller, there are some obvious fees to pay (e.g. around 15p for each clothing auction) unless you time your listings to be posted on a free listing weekend (which happen around every 2 months). Ebay then take a percentage of the final selling price, AND If you accept payment via paypal, paypal take a cut too! Suddenly selling that Next coat for £3.99 doesn’t seem so profitable!

Baby Bargainz Solihull https://www.facebook.com/groups/201018003404449/?fref=ts

Pros:

  • No postage fees incurred – all items are for parents within the Solihull area only and are via collection only.
  • No fees for posting items for sale and no cut of sale price taken. Completely not for profit.
  • Chance to walk away if product is not as described, and many sellers will allow you to go and view the product first if you are unsure.
  • As new products for bargain prices, as often things are being sold simply to make room for new things, particularly bulky items such as bumbos and baby walkers!
  • No need to search for a particular product – notified when new products are added for sale on the group.
  • Quick to list items for sale, simply share a photo, description, price wanted and location for collection.
  • Instant notification via facebook if someone expresses an interest.
  • Easy to buy – simply being the first to comment or tag and then receive first refusal for 24 hours.
  • Can ask buyer to consider a cheaper price if a product is up for slightly more than you would like – they can only say no! 🙂
  • Suitable for those who don’t drive – can ask to meet in a central Solihull location.

Cons:

  • Do need to collect via a strangers house, but this is a closed group, and most members are likeminded parents with the same ethos as us!
  • Cash only
  • Less easy to search for a specific item, although admin can help as they see all posts and are able to help if you send them a request.
  • Limited number of members in the group, but growing every day.
  • When sites get busy you will get regular notifications as things are added to the site, although you can turn these off, However the good stuff sells VERY quickly, so better to have the notifications so you can jump on the bargains! 😀

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