How I'm making money on Facebook

31 January 2014
I’m embarrassed to admit it but I’m a bit of Facebook junkie, I love seeing my friends’ photos and it’s an easy way of staying ‘virtually’ in touch with people I don’t get the time to see in real life.
But now my addiction is taking a new turn – Facebook is starting to earn me money. After joining a Facebook group for mums in my area – I’ve become aware of just how easy it is to sell things on the site.
We’ve got a loft full of baby kit, kids’ clothes and toys, not to mention a garage crammed full of furniture we longer need. I know I should be putting it on eBay, but while I love the excitement of the auction I do find it a bit of a faff; working out how much to charge for postage, wrapping it all up, and finding the time to stand in the queue at the Post Office. Then there are the fees you have to pay which eat into your profits.
Selling on Facebook is so much easier – all you need to do is post a picture of the item you want to sell along with a brief description and your price. Anyone who wants to enquire, or buy it, simply uses the comment box or sends you a personal message. Once a deal and a price is agreed you fix a time for the buyer to come and pick it up – or for you to deliver it if you are particularly generous or keen to de-clutter.
I don’t sell my stuff to friends – instead I post items up in groups I’m a member of: so a local mum’s group for my kids’ things and another selling group for other items, which just serves my local area, meaning everything is picked up or delivered, so you don’t have to worry about posting or courier services.
Recently I sold an old double bed frame with a mattress. New bunk beds were arriving, so my priority was shifting them fast, rather than making a lot of money. Nonetheless I still got £45 and the bed had been taken to pieces and collected from my house less than 24 hours after I put it up for sale.
It’s also a great way of getting hold of items you might need second hand. I’d been procrastinating over putting my Phil & Ted’s double buggy onto eBay – these can fetch up to £200 in good condition but I knew buyers could be really fussy as a result – so I was quick to respond when I read a post on the mum’s group asking if anyone had a Phil & Ted’s they were planning to sell. I replied in a flash, sent the lady my number, we agreed a price of £150, and a couple of days later she came round to pick it up. It was so much less hassle than eBay. Ok I might have got £200 for it, but you never know how the auction will go, I could equally have ended up selling it for less than £100 – and paying those fees.
I’ll admit not everything I’ve tried to get rid of has sold – I was amazed that in the week before Halloween no-one snapped up my super cute toddler Gruffalo suit. Nobody wanted my bridal shoes either but then there is always a bigger market on eBay, or of course the charity shop.