I’ve written before about selling used items on Amazon Marketplace, which I think of as my online garage sale. In a nutshell, I decide what items I want to sell and how much I want to sell them for, create a listing on Amazon, and wait for someone to purchase the item.
Recently, Amazon instituted the “Charge When Ship”system, which requires sellers to confirm shipment of orders before they can receive payment from Amazon. Amazon assumes the risk of nonpayment by the buyer, which creates security for the seller. At the same time, Amazon provides a better customer service experience for buyers, by creating an incentive for sellers to ship promptly and notifying buyers when their order has shipped.
There’s a delay of a couple of hours between when you notify Amazon that you’ve shipped an item and when the payment appears in your account. Nothing else has changed, so you can request a disbursement once every 24 hours or wait until Amazon does it automatically for you.
Worth noting: Money Saving Mom recently wrote about selling books, and recommended a site called Cash4Books as an alternative to sites like Half.com and Amazon for certain books. Also, The Family CEO recommended selling on eBay, something I’ve stopped doing just because I don’t think the money is worth the stress. But I can see definitely that for some people, and certain items, the income is worth the stress.
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