When Marie Kondo came to our screens through her Netflix show, more households have become inspired to let go of things that no longer “spark joy.” But decluttering, no matter how it is framed, can be quite intimidating as it requires a huge amount of time and effort.
It might be difficult to visualize an organized, more spacious home when you’re just about to start on the task. But a leading online classifieds platform may just have the best motivation to get you started—turn your clutter into P17,700.
A recent study by OLX identified the potential profit an individual can earn by decluttering their home and selling pre-owned goods.
The research identified the popular, fastest-selling categories include fashion, gadgets, and health and beauty products. It then further looked into the pre-loved items most often bought in these categories, the average price of these items and the average number of times buyers purchase them in a year.
Based on these data, one can potentially earn an estimated P17,700.
The most popular pre-owned fashion items are shoes and clothes, which have average prices of P1,250 and P750, respectively. On average, online shoppers buy two pairs of shoes and five pieces of clothes. If you tidy up your closet, and sell two pairs of footwear and five pieces of clothing you no longer wear, you can earn P6,250.
Health and beauty products, meanwhile, have an average price of P450, and are usually purchased by online buyers 13 times per month. If you “KonMari” your beauty drawer and sell 13 products that don’t spark joy, your potential earning is P5,850.
Mobile phone is the most popular gadget sold and bought online, and buyers, on average, purchase it twice a year. Post an ad of your old cellphone on OLX, and you may earn P2,800 per unit, which is the average price of used mobile phones bought online.
“Our research shows a trend. More and more offline sellers are moving into the online domain to sell pre-loved items. Their top three reasons? One, it’s easy and convenient. Two, it reaches more shoppers compared to offline selling, in which the audience is limited by location. Lastly: Earn money. Instead of letting your old stuff collect dust in a drawer, sell it and make money,” said OLX Philippines head of goods and services Rambo Joinani.