If you happen to be the owner of a large collection of vintage magazines—whether through inheritance or intention—don't rush to the recycling center. It turns out that the ads inside these magazines can be worth quite a bit of money when sold individually. In fact, a quick scan on eBay shows that it's completely acceptable to list a single ad for $20. Got a stack of vintage magazines lying around? They could contain enough ads to net you hundreds of dollars per issue. The vintage ad selling world can be difficult to navigate, but if you're willing to give it a go, here are some things you should consider:
How To Sell Your Wares
You can sell your ads individually at flea markets or online on eBay. Or if you'd like to take care of your entire collection at once, you could try getting a lump sum for all of your magazines at an antique shop. This final option isn't necessarily as lucrative, as you'd have to pay the antique shop commission, but it does cut out a lot of the legwork.
How To Price Single Ads
Now comes the tricky part. How much do you charge for each ad? There are a few things to consider:
- How noteworthy is the ad?
- How old is the ad?
- What condition is it in?
- How are your competitors pricing?
Once you've considered these factors, you can set your price. From there, it's a little bit of trial and error. If your original listing price doesn't seem to bring in interest, decide how much you'd be willing to let it go for before setting a lower price point and trying again. If you're selling online, you can also try editing other parts of your listing before lowering the price. Is your product description enticing? Is the listing's title catchy? You can find some tips from fellow eBay-ers here.
How To Display Your Ads
No matter what platform you're using to sell the ads, display is important. For instance, if you're selling online, make sure you take high quality photos of the product. If you're selling in person, it's worth putting the ads in a frame that the buyer can take with them. Taking them to an antique shop? Protective clear sheets might make the transport easier.
How Much Time Will This Take?
As with anything that could potentially make you money, this is going to require some work. Taking the time to carefully select which ads to sell, doing your research before setting a price and making sure the ads are displayed in the best way possible will require some effort—but there's a good chance it could pay off in the end. [h/t: The Penny Hoarder]
This story originally appeared on Don't Waste Your Money. Checkout Don't Waste Your Money for other great tips and ideas to make the most out of life.