30 Trade Me Selling Tips
Make MORE Money on Trade Me Using Our Tips
Updated 21 April 2020
Old stuff in your house may be worth a decent amount of money. It’s incredible what fellow Kiwis will buy and what they’ll pay for it. But Trade Me could also be a lot of hard work with little financial reward. To get the highest prices, best reviews and a more positive Trade Me experience, we have put together a list of tips and shortcuts.
If you are a professional Trade Me seller, this guide is not for you.
This page is our guide on how to sell, how to get the maximum return on your listing fees, picking the right keywords and offering buyers the best possible experience.
Our top tips include:
Trade Me - The Perfect Tool for Money Saving
Not only does selling what you don’t need on Trade Me bring in extra money, it can declutter your home on a one-off or a regular basis. It also has a positive effect for society in general – it’s good for the environment as reused goods avoid the landfills, and someone buys something they want for less than it costs new.
Trade Me selling can also be addictive, but in a good way. Watching the bids is exciting while answering the listing’s general questions can add value to the listing if done correctly. And the satisfaction from posting off your sales can be very therapeutic and rewarding.
Old stuff in your house may be worth a decent amount of money. It’s incredible what fellow Kiwis will buy and what they’ll pay for it. But Trade Me could also be a lot of hard work with little financial reward. To get the highest prices, best reviews and a more positive Trade Me experience, we have put together a list of tips and shortcuts.
If you are a professional Trade Me seller, this guide is not for you.
This page is our guide on how to sell, how to get the maximum return on your listing fees, picking the right keywords and offering buyers the best possible experience.
Our top tips include:
- Be cold and calculating with what you really need, and sell what you don’t
- Build up a trusted reputation BEFORE listing your first item
- Every word counts. And what matters most is accuracy
- Sell your items for more by picking the right keywords (for example, “gents” beats “men’s”, “authentic” beats “genuine”)
- Overshare when it comes to descriptions
- Invest the time in taking good photos that show the item from important angles
- Make sure you select “10 days” for the length of your auction and Invest in extras if your item is of value
- Consider allowing payments by Afterpay
- Set the auction to close between 8-10pm on a Sunday night
- List your item when it's in a season of high demand
- Try $1 Reserve auctions for maximum interest
- Blacklist dodgy buyers
Trade Me - The Perfect Tool for Money Saving
Not only does selling what you don’t need on Trade Me bring in extra money, it can declutter your home on a one-off or a regular basis. It also has a positive effect for society in general – it’s good for the environment as reused goods avoid the landfills, and someone buys something they want for less than it costs new.
Trade Me selling can also be addictive, but in a good way. Watching the bids is exciting while answering the listing’s general questions can add value to the listing if done correctly. And the satisfaction from posting off your sales can be very therapeutic and rewarding.
As one MoneyHub reader explains:
I was relocating to Auckland and registered for Trade Me for the first time, aged 62. My children said to throw everything I didn’t want, or give it away. But I’m not flush with money and decided to invest the time in Trade Me following your tips. I made around $18,000 after fees over 3 months which was outstanding. Thank you MoneyHub! - Liz, Auckland
I was relocating to Auckland and registered for Trade Me for the first time, aged 62. My children said to throw everything I didn’t want, or give it away. But I’m not flush with money and decided to invest the time in Trade Me following your tips. I made around $18,000 after fees over 3 months which was outstanding. Thank you MoneyHub! - Liz, Auckland
Step 1 - Finding Items to Sell on Trade Me
Be cold and calculating with what you really need, and sell what you don’tLet's kick things off with a challenge: do you want more money and less clutter? If your answer is "yes" then look around your home for things to sell. If you haven’t used it in a year, do you really need it? Take a few walks around and group together the things that sit there just gathering dust. Think back to when you used each item – if it’s more than 12 months, get rid of it.
Know what sells best
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Don’t chuck stuff out – try your luck on Trade MeWhat may be rubbish to you could be just what someone else is searching for right now. And it’s astonishing not only what people buy, but also what they’re prepared to pay for it.
“I was selling down some stuff I found in the attic. A lot of old mens metal shavers from the 1950s. I could not believe I sold four of them on Trade Me for about $100 each - incredible.” – Jo, Napier |
Know the difference between JUNK and VALUE, and avoid listing the junkYou never know what the value of something is until you list it. But it’s pointless to pay listing fees for stuff no one would ever buy. Be sure to challenge what people would actually want; a broken toy, torn clothes, worn-out bedding and a faulty cheap toaster probably have no value whatsoever and should be taken to the landfill. In short, low value items that are not in good condition often have a considerably low value and are not worth your time.
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Step 2 - Building up Trust BEFORE Selling
Build up a trusted reputation BEFORE listing your first itemWe live in a world where reviews mean everything; good reviews give buyers trust and a bad review can dramatically lower your street cred and ability to price high.
If you’re new to Trade Me, buy a few small items you need through the website BEFORE you list items for sale. Even having 3-5 positive reviews from sellers will give buyers later on the confidence to deal with you. You’ll also get experienced in how the website works and how to leave feedback. With frequent stories in the news about Trade Me frauds, very few buyers will deal with zero-feedback sellers or anyone with more negative reviews than positive ones. Having a trusted profile is the difference between getting the true market price for your items and getting something much less. No one wants to be burned, so investing in getting feedback BEFORE you start selling is a proven strategy. For example, if you join Trade Me today and list an iPhone tomorrow, it’s unlikely anyone will buy it. |
Leave reviews, and avoid buying from bad sellersThe last thing you want to do is get involved in a Trade Me squabble - the reviews pollute your profile and are not worth the effort. Buy small items from trusted sellers who have a reputation. Make sure you leave a positive review for each positive experience, and be descriptive about what you liked about the trader - your seller will be obliged to return the favour.
And as a buyer, you must be on your best hehaviour. Be sure to pay on time, respond to questions promptly and be clear about pickup or delivery details. No one likes chasing people over $5 - be responsive and see the positive reviews flow in. |
Step 3 - Creating the PERFECT Trade Me Listing
Invest your time in checking the competition….and find the weaknessesIt’s worth taking 20-30 minutes to analyse your competition before you list an item. Ask questions like:
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Every word counts. And what matters most is accuracyFor example, “New Size 12 Country Road Flower Print Dress - Cotton” beats “Beautiful women’s dress, perfect for summer!” – the search terms that matter are “new”, “size 12”, “Country Road” and “Dress”. If you are stuck for ideas on how to describe the item and what search terms to use, Google the item you’re selling and see how it is described. That will give you a great starting point.
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Sell your items for more by picking the right keywords (for example, “gents” beats “men’s”, “authentic” beats “genuine”)A British University crawled 60,000+ ebay.co.uk listings to isolate keywords that powered up the final price of listings. Subtle words make a big difference to what buyers are prepared to pay. For example:
The study found grammatical errors such as missing apostrophes and internet speak also had a negative impact on the price products sold for. This is believed to be because bad grammar and spelling give the impression that the seller doesn’t care and thus the item for sale is seen as less desirable. |
Overshare when it comes to descriptionsThe more you can write about your item, the more trust you will gain from buyers. But don’t make the mistake of writing everything that comes to your mind. And remember, the buyers don’t know you and are looking for a reason to trust you.
Get the right listing structure to maximize the trust and spike a flow of bids:
Remember: You will get more bids if people trust you. It's that simple. |
Invest the time in taking good photos that show the item from important anglesThe optimal number of photos for a general item is between 5-8, depending on what it is. Take your photos in the right light, and don’t rush the process. Also, once you’ve used up your listing’s photo allowance, don’t hesitate to pay for more if they add weight to the listing. For 10 to 25 cents per photo, it is worth it.
Simple tips include:
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Make postage costs clear upfrontNZ Post has a useful tool to estimate the cost of postage, and if you list the price upfront you’ll get more love from the buyer. Even though you won’t know the location you’re sending it to, it’s a good idea to enter a town in another island to get an estimate. Also, saying “any savings in postage will be included in your item in cash”, meaning if you save a couple of dollars on postage it’s very nice to include them with the parcel.
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Step 4 - Deciding on Price and Listing Features
Make sure you select “10 days” for the length of your auctionThis is the most basic and effective Trade Me tip of them all. The standard auction length is 7 days, but it only costs 25 cents to make your listing a “10 day auction”. Those extra days will give you up to ~40% more views and offer the best chance of a higher selling price. The best time to list is Thursday evening, so that you can set the end date to Sunday evening as we outlined above.
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Invest in extras if your item is of valueTrade Me offers a lot of “promotional fees” designed to boost the visibility of a listing. If you’re wanting to get your photos to lead your category, stand out in bold and to have photos blown up in the listing results, Feature Combo ($3.45) and Super Feature ($3.95) are two add-on fees that will put you where you want to be. However, before buying up all the extras, consider:
If in doubt, ask yourself – is it reasonable that one or two extra fees will boost the number of bids? Unless you’re selling junk, the answer is probably yes. |
Set the auction to close between 8-10pm on a Sunday nightThe best time for your auction to close is not at 5am on Tuesday morning when everyone in New Zealand is asleep, but when most computers and phones are logged onto Trade Me. For this reason, Sunday evening is a perfect time for an auction to close. The traffic spikes every evening anyway, and Sunday is particularly good because there’s no sporting distractions on TV so your listing has the best chance of attracting eyes of bidders in its final moments.
Cost: It only costs 25 cents to add a “scheduled end time” to any listing, and you can easily recover the cost with one bid. |
Avoid disappointment by challenging your expectations about what an item can sell forThe best way to know what an item will sell for is to add similar items to your own watchlist. This way you’ll have an idea of what to expect. You can’t change your mind about selling the item if the auction closed and you didn’t get the price you wanted. It’s best to be realistic and accept that Trade Me is fair for everyone and ultimately it’s a massive market that you can’t influence.
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Consider allowing Afterpay for more salesWhatever your views are on Afterpay (see a skeptical story here), allowing buyers to purchase your goods using Afterpay could land you with a higher price. This is because there will be more people are in the “market” for what you’re selling if they're planning to use Afterpay. You’ll get paid upfront, but there is a commission of around 6%. 6% may seem high, but if you get a 20% higher price because many buyers bid knowing they could use Afterpay, you’re up overall.
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Get "Professional" photos....for freeThere are many free websites offering photo editing that let you crop, resize and sharpen up images to enhance your item's appearance to Trade Me buyers. Don't edit out imperfections or anything else as this will lead to unhappy buyers. Useful tools include:
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Challenge your fears and list at $1 with “No Reserve”Every Trade Me buyer does the same thing – they hunt the site for deals and bargains. Your listing will excite more buyers if it is listed at $1 with no reserve. The best way to draw in the punters is to add “NO RESERVE” to your listing’s title and above the description. With no reserve and a low starting price, buyers will place bids liberally and automatically have your listing added to their watchlist as a result. And no one likes to miss out, so a flow of bids are almost guaranteed for the right listing (i.e. not junk).
No reserve also lets the Trade Me market dictate what the value of your item actually is; there are no restrictions and it avoids a massive buyer turnoff experienced from seeing the “reserve not met” after placing a bid. Best of all: your item will sell, which gets what you didn’t want in the first place out of your home. |
Be familiar with Trade Me fees to only pay for what you NEEDTrade Me offers a lot of extras in addition to its standard fees. There are so many fees, with more than 100 fee combinations on items you want to list. Be ruthless with regards to what you really need, and cut out what you don't. There is no point giving a "Super Feature" to a low value listing that is almost certain to sell. Remember, the success fee is around 8% of your item's winning bid; going nuts on unnecessary fees is a fast way to reduce what you finally get paid.
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Step 5 - Getting the Best Trade Me Experience
NEVER bid on your own auctionFirstly, it’s against the terms and conditions on Trade Me. Secondly, it’s illegal by way of being a “misuse of computer” under the Crimes Act. Trade Me has a section on shill billing – using other accounts or some other devious means to bid on your own auction. Just don’t do it – the Trade Me marketplace will take care of you if you have the right item and honest intentions.
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Blacklist dodgy buyersTrade Me lets you confidentially block users with one single click. They will then be prohibited from bidding and/or asking questions on any of your listings. Best of all, you don’t need to explain or justify your decision and you can blacklist whoever you like.
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Keep shipping and packaging material to re-use for your Trade Me salesAny items you buy online will likely come with a mass of packaging. Hold on to the large envelopes, boxes and packaging materials – they will come in useful every time you sell an item.
Top Trade Me sellers take extra care with packaging – including a handwritten note and wrapping clothes in tissue are nice touches that can lead to extremely positive reviews. |
Make “Pickup Only” delivery efficient by giving ONE time slot to every buyerIf you’re selling a few things all at once, it’s easier to give one pick up timeslot rather than going back and forth with multiple buys trying to work out a time. For example, 10am – 1pm on a Saturday should provide enough flexibility for most people. Getting buyers to commit to it will save you a lot of time and hassle.
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Be a Fantastic Seller, and Do Not Hesitate to refund if you’re in the wrongBe a responsive seller in every aspect. Don't delay delivery, be friendly with any post-sale exchanges, respond quickly to emails and messages and most importantly of all leave feedback for your buyer. This way you'll be more inclined to receive the best possible reviews, strengthening your "brand" for future listings.
If you've made an error, own it and gain added trust. If you’ve made a mistake and not packaged something correctly, or given an inaccurate description, the buyer is likely to be annoyed. Trade Me reviews are everything to building and establishing trust in the Trade Me community. If you are in the wrong, it’s not worth the fault and risk of negative feedback – it’s just easier to refund and spare yourself any hassle and (public) argument. Of course, do challenge the buyer’s “disappointment” if you feel as if you’re being taken advantage of or lied to by a dodgy buyer – it happens a lot. Trade Me can step in as well to settle disputes before things get ugly. |
Know the rules around paying tax on Trade Me salesIf you are selling things you no longer want, like a car, jacket or a TV, you won’t pay tax on anything you sell. But if your Trade Me usage is “for profit” then you may be liable to pay tax. Specifically, if any of the following apply, the IRD will want to know about it:
Additionally, if you need to pay tax, you may also need to charge GST – if your Trade Me sales exceeds $60,000 in 12 months, you’ll need to charge GST on everything you sell. Read about your tax obligations here. |
Step 6 - Using Trade Me To Solve Problems
Use Trade Me to dispose of big and heavy items without lifting a fingerHave big items you want to get rid of? Don’t hire a trailer or arrange disposal for old sofas and broken appliances without trying Trade Me first. Listing items for $1 and you may get a buyer who will pick the item up. People often like broken items for parts, and next-to-free sofas are perfect for anyone moving into a flat.
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Use Trade Me for short term needsTrade Me works in mysterious ways. Think you can’t sell something for more than you bought it? Think again. It can be done with the right description, pricing and timing. And perhaps some luck.
If you only need something for a limited time, Trade Me could be the answer. For example, if your flat needs a TV or sofa for a few months, or you want an Xbox game for a couple of weeks. Trade Me lets you do just that – buy it, use it, look after it, sell it. If marketed correctly, you can effectively use something for “free” if you get a good price on both the buying and selling stage. It has been done so many times before, and you can do it too. |
Step 7 - Trade Me Alternatives - Should You Consider Them?
Have low quality items you don’t want to put on Trade Me? Sell them for free using FacebookTrade Me has lost a little ground with the rise of the popular local Facebook selling groups as well as the “Marketplace” tool. Unlike Trade Me, there are no fees and you have an instant insight into each buyer (and seller), by way of Facebook profiles. You can communicate using Facebook messenger and pay online or in person.
Many people use Facebook for less “valuable” items, given the online shopping platform is not as professional and is less visited than Trade Me. |