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Selling

How to calculate my product price?

Message 1 of 7
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6 REPLIES 6

Selling

What are you wanting to sell?  My suggestion is to explore what ever you are intending to sell by using the search here on Ebay.  It will give you a good idea what your product is selling for.  Don't forget to factor in shipping costs and all that goes with shipping.  Supplies, your time, etc. 

 

Have you signed up for managed payments with Payoneer?  You've only been a member 1 week.  I would complete that requirement first and foremost.  If you don't have an account set up with Payoneer, you can't sell here on Ebay.  You will also have to wait to be approved by Ebay.  Get it done. 

 

Good luck. 

Message 2 of 7
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Selling

Easy. Set it at no lower than you'll sell it for after considering item cost, FVFs, shipping and handling costs. Good luck.

Message 3 of 7
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Selling

There is no one method for pricing that fits every seller or situation.  Here is one fairly good summary of some pricing strategies, among all the good information available on-line for your consideration and study: 

https://business.yelp.com/grow/types-of-pricing-strategies/

 

But, in the end, it is your business and you must do your own homework, legwork, and gruntwork if you are to make a success of it.

 

-

Message 4 of 7
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Selling

Estimate your costs such as all fees for listing, promotions and of course final value fees( both the variable and fixed) and other fees such as international fees etc. Make sure shipping is correct or add a bit to your price to cover mistakes in such costs....

And then you can estimate a price: form what the item cost, and all the fees: add in other costs such as well such as gas and or packing materials etc... that could make you a buck...

 

Simple it is not.

 

Message 5 of 7
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Selling

@chamodranas0 

 

 

Register in Sri Lanka as a business
Get a Payoneer account.
Sign up for Managed Payments and attach your Payoneer account so you can be paid.
It'll take a few weeks to get everything approved.
While you're waiting, go here:
https://academy.ebay.com

Have a great day.
Message 6 of 7
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Selling

     Difficult question to answer there are simply too many variables. Suggest you read a book on cost modeling. There are a lot of components to the calculations: COGS, shipping, fees, risk factor, product loss/damage/theft, operating expenses, taxes, returns, profit margin, turnover rate, etc. 

Message 7 of 7
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