How often do you guys adjust your prices?

[anytime-buys-official]

Especially if you're selling items that depend on a market to determine their worth of some sort. For example, I exclusively sell Pokemon cards and their value rises or lowers over time, usually when a new set of cards comes out but mostly over time as other copies become damaged, lost or are simply forgotten about while gathering dust in storage. However, lately it seems the market is flucuating faster than ever before. But I don't want to make the mistake of lowering a card's price one day only to find out, that it shot up to twice the value over night. How do you maintain the balance?

[bbravo65]

...I don't know about Pokémon cards, but I knew from my son whom an expert about Yu-Gi-Oh cards told me that buying and selling those game cards like dealing with stock markets...

[eleanor*rigby]

@anytime-buys-official 

You have copy/pasted your entire post from another person's question on another website. 

How often do you guys adjust your prices? 

[divwido]

Well, if it doesn't sell here, then I move it elsewhere and then I decide on price.  Leaving things on eBay forever isn't smart.

[reallynicestamps]

I base my prices on my costs.  While I use both Best Offer and Promoted Listings, I factor those in as costs too.

With collectible items that are constantly fluctuating, you have a couple of decisions.

You could go with Auctions, which are still functional for collectibles, choosing your Opening Price  to cover your costs and then letting it ride. Don't use BIN or Best Offer with these.

Review your Unsold auctions every month or so and either relist as Fixed Price, if fluctuations have slowed, or  hold another Auction, with the same opening bid which (again) covers your costs.

[anytime-buys-official]

Nope, this is my friend. He has some problems with that. That's why I'm posting on there.

[varebelrose]

Are pokemon cards a big thing in Sri Lanka?

[eye_of_the_tiger]

I just put my items at a price for about 2 weeks. Then I lower the price about 3%.

Spoiler

Testing...testing...

[luckythewinner]

@anytime-buys-official wrote:

Especially if you're selling items that depend on a market to determine their worth of some sort. For example, I exclusively sell Pokemon cards and their value rises or lowers over time, usually when a new set of cards comes out but mostly over time as other copies become damaged, lost or are simply forgotten about while gathering dust in storage. However, lately it seems the market is flucuating faster than ever before. But I don't want to make the mistake of lowering a card's price one day only to find out, that it shot up to twice the value over night. How do you maintain the balance?

---

One option would be to price them all high, and try to catch a 'peak' for each card. Another would be to price based on a profit target rather than trying to track market value. 

There is no way I would babysit my listings 24/7 and constantly adjust prices.

[eleanor*rigby]

---

@anytime-buys-official wrote:

Nope, this is my friend. He has some problems with that. That's why I'm posting on there.

---

If it's your friend, why are you using "I" instead of saying "my friend" or "she" or "he?"

It's the exact same verbiage, down to the misspelled words:

[genv]

On those type of items, list at top of market w/ 'Best Offer' that you can review at the time of the Offer.

[nuclearomen]

😆

[nuclearomen]

---

@eleanor*rigby wrote:

It's the exact same verbiage, down to the misspelled words:

---

yes, copy and paste is a hard process 😆

[anytime-buys-official]

Nope, this is my friend. He has some problems with that. That's why I'm posting on there.😊

[nuclearomen]

---

@anytime-buys-official wrote:

Nope, this is my friend. He has some problems with that. That's why I'm posting on there.😊

---

tell "your friend" to post themselves