Sell your dvd’s and recycle your cd’s – make money online with Musicmagpie
As the cost of living increases, any way to generate more disposable income is likely to be of interest. Auction sites such as eBay may have provided the means by which people are able to sell unwanted goods online. However, the time, effort and hassle of listing relatively low-value items can prove too much for some. This has led to the creation of a number of new services such as MusicMagpie.
Auction sites require a fair amount of effort in creating listings, responding to queries, packing and despatching goods and handling feedback. Very few people can spare the time to manage these disparate activities. In contrast, the latest services offer an instant solution for thousands of would-be sellers, allowing them to rapidly generate a little extra cash from their old CDs and DVDs.
The way in which these sites work is fairly straightforward. Taking Music Magpie as an example, the user scans the barcode of a CD or DVD (including movies and games) to receive an instant valuation online. Assuming the user wants to proceed with the transaction, he or she simply prints off some freepost labels and uses these to send the goods in question. For anyone wishing to send a larger number of CDs or DVDs in one transaction, a fully insured courier service is available.
After the items have been received and checked, the user is sent a cheque. Selling unwanted CDs and DVDs really is that straightforward. There are no listings. No bidding wars. No disputes. Just a simple send and receive service.
MusicMagpie members can thus make a little extra cash through selling their unwanted titles. Clearly the service will not make millionaires out of its users, but it is likely to help out on rainy days. CDs tend to sell for around 50-70p on MusicMagpie. However, some items (e.g., compilations and double albums) may exceed £2.00. DVDs can attract higher margins.
Clearly the more CDs and DVDs a user has to sell, the more money they can make from MusicMagpie. Someone with a CD collection comprising 100 or more titles could make anything from £50 to £200, while a user with plenty of movies and games could earn substantially more.
The market continues to evolve. For example, earlier this year, MusicMagpie further simplified the task of selling unwanted CDs and DVDs with the introduction of a free consumer app (available on the iPhone, iPad and iPod Touch). This enables users to scan barcodes and to sell items with minimal fuss and has proven popular with users.
