Grow Your Wealth

How to Make Money Selling Online for Beginners

A round-up of all of our guides to selling online. Including Etsy, Depop, eBay and Poshmark.

A store illustration with a sign that says "lil biz"

Two in five Americans now have a side hustle. Which makes sense, since the cost of living is so high right now (boo).

Looking to start a new side hustle in 2023? Selling online is a great way to make money from home. Starting with things you already have. On your own time.

So we've got a roundup of our guides to selling online. We've got you covered for whatever you want to sell. From fighting the good fight against fast fashion by reselling clothes, to making your arts and crafts hobby make money. With Etsy, Poshmark, eBay and Depop.

How to make money on Etsy 

It's not like other online selling platforms. It's artsy.

🎨 How much can you make on Etsy?

“The amount of money you can make on Etsy varies, as with any selling platform. Some sellers make a steady $75 a month. Others make their full-time income on Etsy, and are able to turn their side hustle into their main hustle.”

🎨 What to sell on Etsy

“There are three main categories to sell on Etsy, according to its website: handmade items, vintage items, and craft supplies.”

Find out more including hacks for optimizing your sales on the blog. 

How to make money on Poshmark

🛍️ What to sell on Poshmark

“Poshmark has evolved into a  marketplace for women’s clothes, men’s clothes, kids’ clothes, home decor, and even untouched personal care items (things like that unopened foundation you accidentally ordered in the wrong shade).”

🛍️ How much can you make on Poshmark?

“Search Youtube, and you’ll see dozens of sellers claiming to make anywhere from $1,000 to $10,000 dollars a month, selling from their own homes in their own time.”

Check out the full blog for more info on making money with Poshmark. 

How to make money on Depop

👚 How much can you make on Depop?

“It depends what you want out of it for sure, but if you’re looking to start a business (...) I witnessed people making 60-100k a year, purely from optimizing their shops, no external marketing.”

👚 What to sell on Depop

“As a seller, you can easily make money straight from your wardrobe... There was one shop who used to go to Italy, buy 60 kilos of clothes from rag markets, bring it all home, photograph it and whack it on the platform. Crop tops, little shorts, normally really girly things. They’d flog them for around $20 each which was WAY more than what they paid.”

Want to find out tips and tricks about selling on Depop from a start-up expert herself? Read the blog. 

How to make money on eBay

How much can you make on eBay?

The average eBay seller earns about $35,000 per year. Some top earners make as much as $70,000, and many earn just a few thousand per year.

What to sell on eBay

There’s a lot of flexibility with what you can sell on eBay. You can start with what you have lying about your home. "Chances are, you’ll have a truck-load of clothes in your wardrobe which you no longer wear" is the advice from the article.

Find out how to make money selling on eBay on the blog.

While you’re here…

If you’re going to absolutely kill it with your side hustle this year, you’re gonna need to keep track of your money. And because it’s not the olden days anymore, we’re not doing it by pen and paper. Or - we shudder at even the name  - spreadsheets.

You can do it on our budget app, for free. 

Still have questions? Find answers below.
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