Make money by selling unwanted gifts online

By SiliconIndia   |   Monday, 30 November 2009, 07:31 Hrs
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Bangalore: People have started to throng online shopping sites to dispose of unwanted gifts. Laptop skins, PC games, USB cables, internet calling cards, memory cards, pen drives, portable hard disks, digital photo frames and more are being sold on the net.

Such online sales are mostly seen during festive seasons, as the products on offer could be around 30 percent to 70 percent cheaper than the market retail price. Sometimes the pricing could be on par with retail stores, depending on the demand for the product, reports Times of India.

Global online shopping portal firm, eBay, says there's a strong trend of people selling their unwanted gifts. Its research - of all transactions by new sellers in the festive and wedding months of October and November 2009 - reveals that products such as gadgets and gizmos have dominated sales this season. "Many users are posting items across all categories up for sale in the hope that one man's surplus is another man's taste. Interestingly, they find buyers," says eBay. Michael Jackson and Ferrari themed laptop skins are the most popular products up for grabs on its website.

Many are selling their unwanted gifts on websites like Quikr.com and Sulekha.com as well. In a country, where internet penetration and usage is still minuscule, online shopping has been growing at over 50 percent, analysts say. And bulk of the growth is coming from tier two and tier three towns.

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