12-22-2017 08:01 PM
Ok, I am just wondering for the People who are selling sports cards for 99 Cents and Free Shipping. Help me if I am wrong, But Why would you loose money on something you are selling just to say you sold it. To me the Math does not add up!
.99 cent sale
( .49) Cent Stamp
(.15) Item Cost /Top Loader/Envelope and Ink to print - I think this is a low figure but lets go with it
(.09) Ebay Fee
(.33) Pay Pal Fee
So When I do the math, You have a NET LOSS of (0.07) Per Card.
Am I crazy or Is this just a way of Saving the Earth and Recycling Paper ?
I would Rather just Throw the .99 Cent with Free Shipping Deals Out.
Any Feeling On this. ?
BTW- I am not trying to start a drama Session, I am just looking to try and figure out Why people would do this.
Thank you and Happy Holidays to Everyone
12-22-2017 08:10 PM
12-22-2017 08:13 PM
PayPal micro-payments account (.33) (.10)
I've known a few sellers of old/common sports cards, they run a lot of 99 cent listings, some are Auctions that may go higher (and do for a percentage), some are Fixed Price which are there as "filler". People buy them as add-ons to more expensive cards or they buy a bunch of them both of which reduce the shipping cost per card substantially.
It's not a way to get rich but you can pick up some easy pocket change and it's worth it when somebody buys 20 or 30 cards.
12-22-2017 08:52 PM
Plus it's a way to get a lot of common cards moved out when you buy a lot and you only want the few good cards in that lot that are worth more. Get your money back, make a little profit after expenses, rack up some feedback numbers, and bring eyes into your store... where you have some more exciting, and expensive, cards waiting.
12-23-2017 08:39 AM - edited 12-23-2017 08:40 AM
@518sportscardsandtoys wrote:( .49) Cent Stamp
(.15) Item Cost /Top Loader/Envelope and Ink to print
If they have a day job with a boss who does not monitor expenses, they may be getting this part for free 🙂
Also, if you are talking about auctions then you have to take the seller's entire activity into account, not just the ones that end at 99 cents.
12-23-2017 09:07 AM
It's an old textbook marketing scheme that apparently is a common practice (or funnier yet) or, the marketing plan they adhere to.
While you lose money on every sale, the volume of sales makes up for the individual losses.
12-23-2017 10:43 AM
end of the year sales at a loss are quite common. get the product off the books, dont have to pay taxes on inventory. sales at a loss lower the sales at a profit, less profit, less taxes.