EBAY eBay Inc

Now Is the Perfect Time to Make the Most Money Selling Popular Electronics on eBay

According to a new survey by the National Retail Federation, U.S. consumers spend $1.6 billion on technology gifts for Father’s Dayi, creating an influx of previous generation devices. Instead of amassing a stash of unused gadgets, people can easily sell these items on eBay and earn the most moneyii for popular electronics like iPads, iPhones and video games.

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eBay is the best destination to make money on previous generation tech items, offering the most competitive pricing on the web and a simplified selling experience. (Photo: Business Wire)

“Selling tech on eBay has never been easier – in fact, on eBay, a cell phone sells every 4 seconds and an iPad sells every 13 seconds,” said Vincent Payen, head of consumer selling at eBay Marketplaces. “Our simplified selling tool allows users to easily select their items from a catalog, pre-filling information and providing them with pricing recommendations to help them sell for the most money. Sellers who want an even simpler experience can now print a free shipping label and send their items to eBay Valet, a professional selling service, where everything is taken care of for them.”

Digital Lifestyle Expert Mario Armstrong knows first-hand how many people are unclear on what to do with previous generation devices when they purchase or receive a new one. The average American household contains around 24 electronic gadgetsiii and eBay has teamed up with Armstrong to share tips on what to sell and how to sell.

“Like many dads, my kid loves to give me tech gifts, and this Father’s Day was no different,” said Armstrong. “I’m also quick to purchase the latest and greatest phones, tablets and other gadgets, which means there are often fully-functioning devices in my home that I’m no longer using. eBay is the best option for selling because it’s quick and simple, and I can get the most money on the web.”

Based on a side-by-side comparison of the average selling price on eBay, net of fees, versus competitive trade-in programs, an unlocked Apple iPhone 5s 64GB in good condition, results revealed eBay’s selling price is much higher than other alternatives:ii

        iPhone 5S – Average Trade-In Price (Seller’s net proceeds) eBayiv       Amazon Trade-in       Gazelle       GameStop       Glyde $350       $240       $170       $120       $248

Simple Steps to Sell

Selling electronics on eBay has never been simpler – you can even do it right from your mobile device with the eBay app. The eBay app will allow you to select your product from a catalog, will provide pricing guidance and can automatically fill in information – even images – for you. Your phone, tablet or video game will be exposed to eBay’s 157 million active buyers, helping you sell quickly and for the most money.

Another option is to take advantage of eBay Valet, the newly expanded professional selling service from eBay. eBay Valet does all the work for you: from estimating the price, to taking professional pictures, to the quick and safe shipment of items to buyers, and everything in between.

To sell through eBay Valet, follow three simple steps:

1. Visit ebay.com/valet and request a free, prepaid shipping label.

2. Place the items in any box.

3. Using the free prepaid shipping label, send the box to a valet.

Once the items have been sent to a valet, customers will receive updates via email, when their items are received, listed and sold. Customers then receive up to 80 percent of what their items sell for, deposited directly into their PayPal account.

Selling on eBay is Easier than Getting a Trim or Shave

To show dads just how easy it is to sell post-Father’s Day, eBay is partnering with high-end grooming parlor Fellow Barber and offering free services to new and existing eBay users. In New York, Detroit, and San Francisco, eBay will provide a complimentary trim or shave to any person who comes to Fellow Barber and lists a technology item on eBay.

People can bring a previous generation devicev on Saturday, June 27 from 9 a.m. to 6 p.m. local time, to one of the participating Fellow Barber locations:

• New York City

      33 Crosby Street   5 Horatio Street New York, NY 10013 New York, NY 10014

• San Francisco

      696 Valencia Street   973 Market Street San Francisco, CA 94110 San Francisco, CA 94103

• Detroit

      441 W. Canfield Street Detroit, MI 48201

To download b-roll: http://badermedia.isebox.net/ebay-tech-trim

About eBay Marketplaces

eBay is one of the world’s largest online marketplaces, connecting people with the things they need and love virtually anytime, anywhere. eBay has 157 million active buyers globally and more than 800 million live individual and merchant listings at any given time. With mobile apps available in 190 countries, eBay delivers a personalized shopping experience and seamless access to inventory from down the street and around the world. Tailored shopping experiences customize buying and selling; and eBay provides variety and choice for sellers by enabling them to offer goods through online, mobile and local channels to consumers around the world. For more information, visit www.ebay.com.

i According to the National Retail Federation 2015 Father’s Day Spending Survey

ii,ii Based on a side by side comparison of net fees based on data from eBay, Amazon Trade-In, Gazelle, GameStop and Glyde as of June 10, 2015

iii According to the Consumer Electronics Association

iv Average seller price is proceeds of net feeds

v Previous generation devices include the last two generations of smartphones, tablets and laptops in working condition.

View source version on businesswire.com: http://www.businesswire.com/news/home/20150623006299/en/

eBayBrenda Halkias, 917-940-1773Head of Consumer Communications, North AmericaEmail: bhalkias@ebay.comorEdelmanJessica Defilippo, 212-819-4823Email: Jessica.Defilippo@edelman.com