02-08-2024 06:39 PM
What do you attribute not selling an item to when others items have sold for more and you think you've accounted for the basics (IE: returns/feedback/shipping)?
I can't seem to hone in on a sweet spot pricing strategy but eBay says they have one. Is there any objectivity left in pricing? I'm becoming bipolar trying to run tests -- bottoming out and jacking up prices constantly. I need some logical input.
Thanks,
Jackie
02-08-2024 09:35 PM
My "sweet spot" lies in first filling up the "free" listing allotment completely, in my case that requires pricing on the high side. Once I have no more free listings left I usually have a sale, thus far with a basic store I've never come to within half of having all my free listings taken up.
02-08-2024 10:57 PM
Agree. I have paid more for something because I know it's a seller I can trust. There's one bookseller I always look for because I know the books are always in even better shape than they represent.
02-08-2024 11:19 PM - edited 02-08-2024 11:23 PM
@stainlessenginecovers wrote:
@chapeau-noir wrote:
@stainlessenginecovers wrote:"Sweet Price" is simple.
Be the lowest or don't bother. Research your item by simply inputting the 'keywords' and see what OTHERS are selling for.
The SWEET Spot is...................be the lowest.
Period.
I actually don't agree with necessarily being the lowest - that's why pricing is tough. I'm by far not the lowest in my market for what I sell, yet my stuff sells despite being really small in a completely over-saturated market. There are so many other factors involved, and they mount up to 'seller trust' and value added.
that's actually 100% false. You just have buyers that don't know any better.
FEW will actually 'turn down' a cheaper price, if the people that walk this nation actually had half a brain.
You simply get lucky with some- others, not so much (not hard to filter for 'lowest price'....
Nope - sorry. I haven't made my living doing this despite being very small because of 'lucky and stupid' - there's that thing called 'marketing', something else called 'presentation', another thing called 'trust'. Maybe it's because we're in different markets, but I'm actually kind of surprised that you don't get this - it's like selling 101. Optics mean a lot.