02-08-2024 02:03 AM
I see a few sellers selling the same products at my cost and I will lose money if I sell them that cheap. Is there a way to overcome this and sell the same item?
02-08-2024 02:23 AM
If one cannot compete on price, then beat them on customer service, faster shipping and handling, better listings, clearer photos, etc. The lowest priced seller isn’t always the better choice.
02-08-2024 02:58 AM
Improve your acquisition cost. Seriously.
02-08-2024 03:34 AM
@stevendevinc wrote:I see a few sellers selling the same products at my cost and I will lose money if I sell them that cheap. Is there a way to overcome this and sell the same item?
You are very brave, there is no way that I would ever have the nerves to sell what you are selling.
As far as your question you have to find things at very low prices to make it reselling on ebay because people come here for bargains, if they were willing to pay full retail they would go somewhere else.
For the most part your average seller can not source items from normal wholesale channels and resell them on ebay for a profit, to many sellers who have loads of merchandise that they got for pennies on the dollar from the gray or black market and can and will go as low as necessary to sell it.
Also you have the sellers who buy large enough to get deals that we can not get and also the manufacturers themselves to compete against.
02-08-2024 03:46 AM
You've had no sales with your current business plan. It may be time for a rethink. You have to lower your prices and costs. Maybe the competition is buying wholesale or close outs of discontinued styles. Think about where you got your inventory? Are there other places you can acquire items? Selling successfully may take more strategy and actual physical work than you expect. Maybe your competition goes to outlet stores every day to hunt for merchandise. Tampa has an outlet mall. Imagine the relationships you'd make with store employees and how that could help you.
You can't expect to sell at manufactured suggested retail prices at the world's biggest flea market or garage sale, even for designer purses. People are looking for bargains.
02-08-2024 04:49 AM
Need more pictures for some of your items........2 is not enough for high end stuff.......especially need pic of exterior bottom in most. Should have color/measurements in inches....... Most say "new with tags", but I see no tags.....assuming tags mean hang tags.....I know nothing about purses.
I always "think" it helps to cast some doubt on other's items.....in an abstract way. For new hand bags, I'd probably put something like "show NO sign of shelf ware" (dirty bottoms or metal scratches).. that could create some doubt about the condition of other listings. But you've got to "prove it" with pics.
I do agree with others that you may need to "shop" other items before buying ....there look to be several of the $399 Kors bag for less than $150 (new, also).......
just thoughts
02-08-2024 04:52 AM
Those sellers who are way underpriced won't be around for long.
02-08-2024 04:58 AM
We'll you certainly aren't going to get any sales in Canada cuz your shipping cost is showing 200$. Absurd lol
02-08-2024 05:07 AM
Neither will the ones that are overpriced...
02-08-2024 05:56 AM
@stevendevinc wrote:I see a few sellers selling the same products at my cost and I will lose money if I sell them that cheap.
Don't list items where you will lose money to be competitive on price
with other ebay sellers
02-08-2024 06:59 AM
@stevendevinc wrote:I see a few sellers selling the same products at my cost and I will lose money if I sell them that cheap. Is there a way to overcome this and sell the same item?
Checking just on the first two items of your listings that I see, the Coach C3411 Wallet and the Michael Kors suede handbag, the price difference between yours and some of your competitors selling the same thing is so great that I don't think there is anything you can do without taking a big loss if your competitors are selling at your cost of purchase.
02-08-2024 07:06 AM
Yeah, I found out this ebay thing isn't as easy as it looks, for sure.
02-08-2024 08:00 AM - edited 02-08-2024 08:00 AM
@stevendevinc wrote:I see a few sellers selling the same products at my cost and I will lose money if I sell them that cheap. Is there a way to overcome this and sell the same item?
I don't know how to overcome it. You bought poorly to resell here, it appears. Good luck, though.
02-08-2024 08:10 AM
Lots of sellers will darn near give items away, take a loss on some items. Just to gain customers for other items. (I doubt that's what happening in your case though).
Seller overstocked, just trying to dump inventory....with the added advantage/bonus of above.
Seller that sourced in bulk quite a bit cheaper than you did?
Individual seller (not a business) just trying to get rid of something they don't want? (Can't compete with that, don't try. Just assume they will get the 1st sale, and you will get the next)
02-08-2024 08:50 AM
The difference between your MK Slouch Bag at $399 vs another seller at $125?? (both New) You have no chance. It's either an 'old style' or you wait until the $125 sells (it shows on sale, was $389)