eBay shared research about British consumers in a press release to show how selling online could make people more financially secure – and happier.
It was interesting that the headline, “Kickstart your 2024 resolutions by selling unused items on eBay,” specifically called out items that were unused. Many consumers and casual sellers think of online marketplaces for selling used goods.
“Half of Brits (51%) reveal that they have already sold items on an online selling platform to make extra money,” eBay wrote, and it said its research also found that 81% of New Year’s resolutions for 2024 relate to improving finances.
Seven in ten (69%) people surveyed said they believe there is a strong correlation between happiness and feeling secure in their finances, and 46% said having more money at the start of the year will help them to achieve their 2024 goals.
Over a quarter (28%) of those surveyed said they are planning on starting to sell things they own in 2024 “to make a bit of money.”
eBay shared the average selling price of a selection of items:
PC laptops & notebooks – £250
Bikes – £240
Used digital cameras – £200
Used mobile phones – £160
Speakers & subwoofers – £130
Golf clubs – £100
Used video game consoles – £100
Vinyl records – £15
Kids clothing – £5
Women’s dresses – £10
The press release quoted Ege Yilmaz, Head of Consumer Selling at eBay UK: “After a busy festive period, many of us head into the new year feeling strapped for cash – and it doesn’t help that January seems to go on forever! However, selling pre-loved and unused items from around your home on eBay can be the simplest way to get a much-needed cash boost.
“Whether it’s unwanted gifts or duplicate presents you’ve received, January is a prime time to get decluttering and listing. The cash you make could go towards funding a new hobby or your next holiday! No matter how weird and wonderful, there’s a market for everything on eBay, so don’t be put off if you don’t think anyone will be interested, it could be just the item someone else is looking for. As well as being a great way to make extra money, it’s also helping keep items out of landfill and in circulation for longer – it’s a win-win.”
For additional statistics, see the full press release on the eBay Inc. website.
