Customers will still buy your item even if it's not the cheapest one.

[inhawaii]

Just waned to share this with some of you who think you must have the cheapest one in order for it to sell. 

I sold a item the other day, a Hawaii Starbucks mug.

It was way overpriced.

I've neglected to update the price to make it competitive.

There are several other EXACT mugs listed here for: $38 with free shipping.

Mine sold for $30 + $13 S&H = $48.

[sakic92710]

$30 + 13 = 43.  Put $5 worth of coffee in it.  😛

[femmefan1946]

The Best Deal is not necessarily the Cheapest Price.

Reliable seller, real not counterfeit goods, quick shipping service , a choice of fast but expensive shipping or slow but cheap shipping, good pictures and lots of them....

[12345jamesstamps]

Sounds great and it does happens...sometimes.

But until that '30 day return' expires... will I consider it a great sale.

Or if it gets broken on the way to Timbuktu...

[inhawaii]

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@sakic92710 wrote:

$30 + 13 = 43.  Put $5 worth of coffee in it.  😛

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You ever check the price of 100% Kona coffee?

[tarotfindsandmore]

I'm rarely the cheapest but my stuff moves fairly well.  I find pricing right down the middle, sometimes a bit on the high side even, tends to move things pretty quickly.  I think buyers get nervous about really low prices (I know I do) and it's probably more important to be fair, honest, and provide good customer service.  

When I get the occasional, "hey I can get x cheaper elsewhere!" message, I always encourage the buyer to go with that other option.  I have no desire to rip anyone off but I'm equally uninterested in shorting myself.   If someone can find the items I'm selling cheaper with another seller, they should go with that seller if that's what they want to do.  I don't mind waiting a bit for a sale, even a long bit is fine as long as something in my store is selling.

[kensgiftshop]

I think a sellers feedback has a lot to do with it also.

Back when I was dropshipping, my dropshipper also sold here and their feedback was terrible.

The few items I chose to list, I sold more then they did, even though my prices were a lot higher then theirs.

Being cheaper doesn't always make it better.

[luckythewinner]

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@inhawaii wrote:

Mine sold for $30 + $13 S&H = $48.

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... maybe your buyer was not very good at math either? 

But in all seriousness .. no one can predict how one specific buyer will behave. Generalizations about the economy usually assume perfect information and rational behavior, which is not always the case - just ask anyone in marketing or advertising. 

But generally speaking, buyers tend to choose the items they see as the best deal, and price is often a determining factor. 

[stuff4divas]

@inhawaii   but were those other mugs shipping from Hawaii? Kind of makes the mug more 'Hawaiian' LOL

[inhawaii]

I realize that this may be a fluke and not typical of "normal" customer behavior but it does happen to me fro time to time.

[meme6253]

I tend to lean more to the same philosophy as you do.

[meme6253]

I have many of my items sell for more than my competitors, I don't like making collectibles look cheap.

[roccotacodad54]

   As a buyer I don't always look for the cheapest price. I look at the sellers' feedback and their other items and how they are priced etc.

  I've found that the cheapest price also has the most potential for headaches down the road alot of the time. I'd rather epend a few more bucks from an honest seller than try to get a great deal from a shady one.  A super cheap price is usually a red flag for me. Sure I may have missed out on some great deals but I like to feel good about the item being delivered in a timely manner and in the condition stated by the seller.

   If I see a cheap price with clear concise pictures of all angles applicable and a detailed description sometimes I'll buy if it's something I can't find elsewhere. 

[chevymontecarlo88]

I suppose in some categories, it does happen more frequently than others. With vintage string instruments, price is a factor, but seldom the determining factor.  Quality and service tends to be more important to many when you get to a certain price point. YMMV

[sakic92710]

A lot can depend on which listings the buyer sees in their search. Maybe you looked like the most reliable or it's someone who is a fan of your community comments.  lol