You are here: Home » PF » News » Others
Business Standard

Diwali 2017: Want to get rich? These tips will help you make easy money

Here are some investments you can make for easy money

BS Web Team  |  New Delhi 


Indian festive season is full of business opportunities. The wide customer base and demand for a variety of festive gifts, puja accessories and crafts give small businesses a chance to make quick bucks with little investment. Come and the market is inundated with beaming colours, glitter and decoratives.

Here are some ways to make easy money this Diwali:

Sell what you don't wear to earn easy cash:

How many times have you planned to clean out your closet? may be a good time to do so. There are quite a few websites that will help you sell your designer clothing and old treasures. Each site is different -- some accept only certain brands, offer different commission percentages, and some do all the work for you. Take your pick.

One such site is coutloot.com

Follow these steps:

Click a picture: Have clothes you no longer wear? Take a stylish picture of the product.

List your clothing: Give details about your product, enter the price, condition, etc, and your closet is up for grabs!

Benefits: Easy to list, free pickups and quick payments

Some other sites through which you can sell your gently used clothes in India are Etashee.com, onceagainstore.com and spoyl.in.

Sell your old stuff online to make quick money:

With multiple launches taking place every month across categories like phones, tablets, automobiles, etc, an average consumer is spoilt for choice. However, what happens to the stuff that is getting old? It is either handed down among relatives or just stuffed at a corner in the house to accumulate dust -- more often the latter. 

An alternative solution is to just sell it online. Online selling is not as big as online purchase in India at the moment, but it is also growing. 

You can sell your things on Craigslist, eBay, marketplace (a third-party application which adds the ability to sell and buy on Facebook), Infibeam (for automobiles only), Olx, Erodov, Techenclave and TeamBHP. 

Sell handmade decorations online:

Handmade at Amazon is a store on Amazon.com for artisans to sell their unique, handcrafted goods to customers worldwide.

Benefits:

* Get your products noticed - Everything you need in one place

* Spend time on what matters: Amazon sends tools and reports that make it easy for artisans to manage their business.

* Handmade at Amazon is open to artisans who make jewellery, home products, beauty and personal care, pet supply, party supplies, stationery, accessories and toys.

Muhurat stocks:

The stock market also partakes heavily of India’s festivities. Indian stock exchanges remain open during non-market hours for a special trading session called Muhurat, scheduled at an astrologically significant time on the evening of the day.

First Published: Thu, October 19 2017. 12:49 IST
RECOMMENDED FOR YOU