The Pricing Mystery - Who Does What?
Summary: sportsfindsandmore shares their experience in pricing items on eBay, initially setting prices higher to cover costs and later experimenting with lower prices. They noticed an increase in sales with higher prices and observed another seller pricing vintage sports items significantly higher. They are curious about other sellers' pricing strategies and when to subscribe to an eBay store. loose_goose_garage suggests using various tools like current listings and research options to find sold listings, opting for a middle price range, and listing items slightly higher if no comparable items exist. They advocate adjusting prices over time to encourage sales.
I have been selling since March 2 of this year. For the longest time I would search each item before listing, the ebay sold to see if an identical item had sold and for what amount. If nothing identical which in my case WAS most the time, I would set the price a little higher than the best price to allow for negotiations and to cover all my expenses. Later adjusting and wanting to test some lower prices, I did 130% above my cost.
It was surprising to me I had more sales with the higher cost.
Recently I had been watching a seller on Facebook Reels that features taking photos, folding shirts and packaging them up with their sku. I checked out their store and they had some vintage sports stuff, meaning 1990's caps and t-shirts that were priced in $100's not $20s. How could this be? So I sent an email asking who did their pricing. (I have vintage sports listings that go back to the 1960's)
Google AI and eBay sold comps.
With the world of software increasing that can do everything for you, what are doing to find the price for each of your listings? Which way did you find more successful.
I know that we all sell different things or have a different category focus, still the pricing system would be the same. Also when it is time to subscribed to an eBay store. I have read many articles about that and have information overload, enough not to make a decision.
Thank you for any help ... on a side note I have changed my user name and logo since I last posted here. I had gone from sports and non-sports stuff to get rid of my garage sale stuff, to just sports and recently back to sports and non-sports stuff after the urge to continue eBay hit me and I was back to buying more inventory.
adamcartwright
·2 weeks agoNot sure if anyone else can relate, but I have frequently noticed entirely different search results on my phone when I'm out shopping than when I get home and check comps on my desktop.
loose_goose_garage
·2 weeks agoI look at current listings, listings sold within last 90 days, and use the Research tool that goes back on Sold Listings up to 3 years.
Depending on current availability and the amount that have actually sold in the past few years, I shoot for upper middle price range normally.
If there are many current listings, and one or none sold in the past 3 years, I make a decision of whether to try and undercut all other prices just to get it moved, or to just not list it at all, mainly depending on the price of the item.
When I can't find any of the same item using these tools, I also tend to list slightly on the higher end of what I feel it is worth, as you can always lower the price over time if it doesn't sell.