Selling used items from around the house is one of the most popular ways to make money online. Certain categories of items are in high demand and easy to sell such as books and electronics. People don’t mind buying them second-hand and they tend to ship easily.
There are many ways to get rid of unwanted books, electronics, DVDs or video games. If you are looking for a convenient way to get rid of these items, you may be interested Amazon’s trade-in program. You can get free Amazon gift cards for the items you trade in, plus Amazon will pay for the shipping costs of the items you send. Here’s an overview of the quick and easy process:
Search Item – The first step to trading in merchandise is to search for the items you want to sell on Amazon’s trade-in site. The categories in which Amazon accepts trade-ins are as follows:
- the phone
- the camera
- Laptops and tablets
- wearable
- Textbooks and books
- Video games
- TV and movies
- the music
- MP3 player
- Other electronics
When the item is available for trade-in, you’ll see the trade-in price and a button that will add the merchandise to your trade-in list.
The prices Amazon offers can vary greatly between items, so make sure you’re getting as much or more than you can sell items elsewhere. If you’re in the book business, you can check prices on Bookscouter. If you’re trading in electronics, compare prices on sites like Decluttr and Gazelle.
Review your trade-in list – After adding all the items you want to trade in, Amazon will display your trade-in list. You can see the total amount of Amazon Credits you will receive. Some items may be worth different prices based on their condition. Amazon will assume the minimum acceptable condition and upgrade your items when they inspect them. This means that you may receive more credit than the value shown on this list.
Print label and ship package – Now you need to print shipping labels and securely package your merchandise Amazon will pay the postage for the items. This can be an important consideration when you’re deciding whether to sell or trade in items through Amazon’s marketplace. Sellers pay for postage on the marketplace, so you need to deduct that cost from your bottom line If the trade-in price is close to what you can sell it for, it’s probably a good idea to stick with a trade-in. Once your items are boxed and ready, simply mail it from your home or drop it off at the post office
Check for confirmation email – Amazon will email you upon receipt of your trade-in package. This email will notify you of any changes to the Terms. With a little luck, you’ll get more money because your items are in perfect condition! Also, if any items are unacceptable, Amazon will notify you and ship them back to you for free. After inspecting your items, you will receive an email with your total trade-in amount. The credit is added to your account and can be used on your next Amazon purchase. Or, save it to pay for your Christmas shopping.
There have been reports of trade-in downgrades for reasons unknown to consumers. If you encounter this situation, contact customer service. During the trade-in process Amazon will ask you what you want them to do if your item is downgraded; Return the item to you at no charge or accept a lower payment. Opt for a return if possible and try to sell the item elsewhere if you think the item is in good condition and worth more than their lowest price offer.
Overall, the Amazon trade-in process is easy and convenient. While you can probably make more money selling some items directly or through other sites or stores, Amazon has the advantage of having a streamlined process. And for some loyal buyers, payment is instant. You don’t have to wait for Amazon to receive your item in the mail. This can come in handy if you have an expected gift to buy or an urgent purchase coming up. If you are eligible for instant store credit, an “Instant Payment” button will appear during the trade-in process. Please be aware that if you accept Instant Payment and Amazon rejects the item or downgrades the payment for any reason after receiving the item, you will be charged the Instant Payment amount.
Next time you have a pile of items to get rid of, check the trade-in price on Amazon first!
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