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People sell their electronics for many reasons, either to upgrade to the latest model or put the money towards something else.
However, selling used electronics may be quite challenging. One reason for the time it takes to find a buyer for electronics is the limited target market.
Prospective buyers may also get upset in the negotiation process if the seller sets the price far higher than what you would typically find on the market.
Worry not; you can avoid those unfavorable situations by consigning used electronics to IBID auctions. Selling your electronics on IBID online and offline is now easier than ever.
They provide services to help you sell used televisions, ovens, blenders, computers, cameras, and gadgets. The auction process will be completely open to allow transparency and fair transactions for buyers.
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First, ensure that your items are currently popular. Choose the perfect time to promote them on IBID. Take the vlogging trend on social media as an example. You can seize this opportunity to sell the camera you used.
Second, ensure that your item is in good condition and start research to find the perfect price for your used items. Check your goods carefully before selling them on IBID.
If any defect is spotted, fix it immediately. Then, you can research the typical price for your item in the market. This allows you to set competitive prices when a buyer makes a bid.
Third, prepare your item along with its accessories before setting them on sale. Full-set items with functional conditions will always draw more attention from potential buyers.
Fourth, describe your items thoroughly by using clear and straightforward sentences. While IBID will set your item to set the base price, you still need to provide good reviews to secure a buyer.
See also: How Used Car Inspection Works At Ibid
You can make an interesting review in the description section during the auction. Mention its specific features and benefits to attract all participants to the auction. Detailed information will increase the chance for the item to sell faster.
Lastly, set a competitive price. As mentioned before, you can research market prices for your item, especially if it is still in mint condition.
Every used product has experienced depreciation since its first purchase. Knowing this will help you avoid disappointment whenever buyers offer below-market value. Set a selling price that can attract potential buyers.
If you’re finished with all the tips, let’s try to apply for a consignment. Read the steps below.
Enter your data to your private or company account on IBID’s website or app.
Fill out your personal data and upload your ID. Fill out the consignment form for non-vehicle goods. Choose your desired location and time for inspection.
Currently, the inspection can only be done at IBID Jakarta. After you submit the form, the IBID team will contact you for confirmation and inform you of the inspection schedule within 2x24 hours on working days.
Based on the inspection result, the IBID team will provide you with recommended pricing. Then, fill out the cooperation agreement between the owner of the item and IBID.
Choose your desired auction date. You can monitor the auction process live on IBID’s website or app.
Drop and consign your item to the IBID Jakarta branch. When your auctioned item is successfully sold, IBID will conduct a payment confirmation.
You will receive the payment within five working days. Note that this payment has been charged with 2.5% admin fees.
See also: The IBID Feature, an Easy Way to Check Used Car Prices
Now, you can find a buyer for your electronics in no time. For more information about IBID auction house, visit the website www.ibid.astra.co.id or download the IBID app on Play Store and App Store.
Follow IBID’s official social media, Instagram: @ibid_balailelangserasi. Facebook: IBID - Balai Lelang Serasi. TikTok: @ibid_balailelangserasi. YouTube: IBID - Balai Lelang Serasi, and X: @ibid_lelang.