Side Hustle Challenge: Week 3

And just like that, week 3 is through!  Here’s how it went:

Etsy:  $17

I sold a couple of cards and sale items, but am anticipating a larger order in the coming days.  I did some promotion on Instagram over the weekend and gained about 20 followers – so I’m hoping to post daily with fall items this week leading up to Halloween, and I’m hoping to break 300 followers. I did get a little distracted crafting and focused on making things for myself instead of for my Etsy…

Poshmark:  $30.30

This was a great weekend on Poshmark, which I put some energy into!  Last time I committed to finding at least 5 new items to post, and I listed 7 and sold 3, including one of the Halloween items I had purchased to flip a few weeks back.  I didn’t make a huge profit on it but agreed to a lower price since we’re getting down to the wire with Halloween next week!

Swagbucks:  $0.20

I haven’t been putting much effort into survey sites after getting rejected from so many surveys in a row, but I got lucky on a few Swagbucks clicks.

Week 3 Total:  $47.50
Challenge Total:  $225.83

Goals for Next Week:

  • Add 5 new higher priced listings to Etsy.
  • Visit thrift stores to try to find items to flip on Poshmark.
  • Surpass 300 Instagram followers for my Etsy.
  • Surpass 200 Twitter followers for my blog.
  • Create at least 2 new blog posts.

Side Hustle Challenge: Week 2

Well I’ve pretty much cleanly missed the end of week 2 now that we’re almost at the end of week 3, but I’m far too competitive to just let this slide.  If you aren’t familiar with the Side Hustle Challenge, check out my goals here and my week 1 updates here.

Here are my updates from week 2!

Etsy:  $36

I did a couple of posts on Instagram with my sale items and started clearing out some inventory I’ve had for a while. I also sold some fall cards and stickers!  This weekend I’m going to focus on promoting a couple more fall items in advance of Halloween.

Something I didn’t get around to was making some higher price point items, which I plan to work on this weekend while I have some down time.

eBay:  $15

I haven’t had a chance to fully get into eBay, but I did buy some Halloween items to flip and successfully made $15 off of my first sale.

Week 2 Total:  $51
Challenge Total:  $178.33

Plans for This Weekend:

  • Promote fall Etsy items on Instagram.
  • Post at least 5 higher priced items on Etsy.
  • Find at least 5 items that can be posted on Poshmark.
  • Create at least 2 new blog posts.

Side Hustle Challenge: Week 1

It’s the end of week 1 for the #1kHustle Side Hustle Challenge so it’s time to check in!  In case you missed it, my goals for the challenge are here.

Here’s how I did this week:

Etsy:  $83

I made two large sales in my Etsy shop – one custom order from a repeat customer, and one of an assortment of cards. I also made some individual card sales.

I worked on promoting fall items on Instagram and building a better Instagram following by engaging better with my target market.  I also organized my inventory, including discontinuing some less popular items and posting some items I had made but forgot to list.  I also registered for two craft fairs around the holidays – which won’t help me with this challenge, but will be good in the long run!

This week, I’m going to work on adding a couple of new, higher priced items and continuing to engage on Instagram.

Survey Sites:  $8.79

I primary used Swagbucks and InboxDollars during my downtime.  I did a couple of surveys and some video watching and e-mail reading for a couple of sense – ultimately I don’t think this is going to be the thing that makes me rich, but it’s an easy mindless activity to do while watching TV.

Blog:  $0

I have not made any money blogging this week, but I did make moves to self-host using Bluehost and WordPress, which means I am a better candidate for affiliate programs, and can more easily monetize going forward.  I also gained about 30 Twitter followers and created 2 new posts last week.  And, in case you didn’t notice, I’m now the proud owner of makingandsaving.com!  Technically, my blog is at a loss after paying for hosting and a domain, but I’m not going to deduct it from this challenge right now.

Poshmark:  $5.05

I did not put a ton of energy into my Poshmark sales this week, but I did lower my prices since my current inventory has been sitting for a while and I managed to make a sale.  Next week, I’ll work on going through my closet to see if there are items I haven’t worn since my last major purge in July.

Other:  $30.49

While I was decluttering my house, I found a check for $30.49 that had been mailed to me previously – so it pays to clean, people!

Week 1 Total:  $127.33

Plans for next week:

Going into week 2, I’m going to:

  • Continue posting Etsy items on Instagram.
  • Work on a couple of higher priced projects to list on Etsy.
  • Continue building a Twitterfollowing for Making & Saving.
  • Clean out my closet and find at least 5 new things to post on Poshmark.

Is anyone else participating in the challenge?  How did the first week go for you?

October Side Hustle Challenge Goals

I’m excited to have discovered the #1kHustle challenge, hosted by the Butler Journal and Sophisticated Spender. The challenge is to earn $1,000 from side hustles from October 3rd through November 4th.

I’m a firm believer in planning and spreadsheets – so here are my hopes, dreams, and goals for these next 5 weeks:

Goal #1: Etsy

When I get busy at work, my Etsy shop suffers – so for this challenge, I’m going to prioritize my shop to increase my income.

  • Promote fall products on social media regularly.
  • Review previous sales and do a clearance event on low selling products.
  • Create 2 new products to add to inventory.

Goal #2: Survey Sites

I have a couple of favorites that I will share in the coming weeks, and I plan to explore some new ones as well.

  • Use survey sites while watching TV/relaxing.
  • Find new survey sites to add to the rotation.

Goal #3: Blog

Of course I am already blogging – but I have some big plans for content in October that I’m excited about, and I’m ready to take some steps toward making my blog more “official.”

  • Move to self-hosting.
  • Explore using affiliate links and advertising.
  • Focus more time on promotion and creating new content.
  • Publish #1kHustle updates weekly with progress.

Goal #4: Poshmark

Poshmark is an app I have been using over the past few weeks to clear out items in my wardrobe that I don’t wear – so far I’ve made over $300.  If you’re interested in signing up, use code NJMYJ to get $5.

  • Use price modification and sharing listings to clear out current inventory.
  • Do a closet cleanout to identify new things I can part with.
  • Try flipping items from thrift stores.

I’m looking forward to this challenge and to updating you all!  Is anyone else doing the #1kHustle?

How to Make Money from Your Old DVDs

Screen Shot 2016-05-29 at 6.15.44 PMWhenever I’m getting rid of stuff, one of the first places I start is with my DVD collection. I purge anything I haven’t watched in the past 6 months that isn’t an old favorite – one of my weaknesses is a low-priced DVD with a familiar title, but when I purge my collection I find a bunch of newly wrapped DVDs still waiting to be played. With my latest DVD cleanout, I brought back about $50 through the sources listed below.

eBay

On the surface, eBay is the natural choice for selling used DVD, because when you search for a title the selling price is between $1.00 and $10.00, while many of the other sites will offer you far less. However, there are some things to remember about eBay.

First, you only get money if you sell the item – no brainer for the most part, but used DVDs are a dime a dozen on eBay and it’s likely that movies that are a couple of years old aren’t exactly in demand. You also have to account for listing fees, final value fees, and the cost of shipping materials, particularly because you have to package each sale individually.

For this most recent purge, I sold a couple of series box sets and some more recent, newly wrapped movies, but anything more than 2 years old was a bust. I would recommend eBay for popular titles or box sets only – otherwise you won’t make much money after the fees and cost of mailing items.

Amazon Trade-In

While the offer price is less than you might be able to get on eBay, you are more likely to “make the sale” on Amazon Trade-In, and the great part is that they let you know up front how much you can expect and if they are accepting the title.

I have found that Amazon has the highest payout of the DVD trade-in opportunities online (ranging from $0.30 – $2.00 depending on the title and condition) but is also the most selective about what titles they will accept.

Another major difference is that you only have to mail in one package, which saves on not only packing materials but time and effort as well (since packaging individual DVDs in bubble mailers is not exactly easy or cheap). You can print a prepaid label from Amazon to ship it, so no need to be worried about estimating shipping (which I never do correctly and usually lose money on from eBay).

Amazon accepted a lot of the titles I put in and offered me more for newly packaged DVDs than for used ones (of course), but also accepted ones with writing on the box or damaged cases. Amazon does accept DVDs that do not have the original cases but you will get less for it.

Decluttr

Decluttr has a similar process to Amazon Trade-In – you input the titles that you have, and they provide you with an estimate of how much you will receive. You need to enter the UPC in order to add the title to your cart, so you do need the original packaging in order to get anything for the DVD from this site. Decluttr has an app that makes it super easy to scan UPCs for each DVD and add them to your cart, instead of individually typing each one.

Decluttr took all of the titles that Amazon did not and offered me either $0.30 or $0.50 for each one. The also took CDs which I had a small number of lingering around (and they weren’t recent ones, I’m talking Usher’s “Confessions” and J.Lo’s “On the 6”).

Once your list is complete, you print out a prepaid label, box everything up, and drop off your package at the post office.

I got about $10 from Decluttr for 20 DVDs, meaning I averaged about $0.50 per DVD and ultimately got more for them than I would have by selling them individually on eBay and going to the trouble of mailing them.

SecondSpin

While I didn’t used SecondSpin this time around, I have used them in the past – particularly when I got rid of almost all of my CDs about a year ago. SecondSpin works similarly to Decluttr and Amazon Trade-In, where you type in a list of titles and they give you an estimate of what they will offer you for it, between $0.05 and $2.00.

I got about $40 for my collection of about 60 CDs and DVDs. While I was satisfied with the payout and service last time, many of the titles I was getting rid of this time weren’t found in the database.

Donation

At the end of my cleaning spree, there were still a small number of DVDs that I couldn’t send to one of the four sites – mainly ones that didn’t have their original packaging (since Decluttr accepted every title I entered that I had a UPC for). These were ones that I donated to Goodwill to finish clearing out my collection!

A quick Google search of “what to do with unpackaged DVDs” showed me a number of craft projects or classroom games for elementary school kids – which says to me that there aren’t many people giving money for these.

What have you done with your used DVDs? Any great successes or failures?
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