eBay

quadcitypickers · ‎07-07-2021

It blows my mind how many sellers don't bother looking up items before pricing them, and they are probably the same ones on these boards complaining that sales are dead.

If I need an exact item, say an Apple 543C (example), and 5 sellers are selling them new for $32-$44, guess which ones aren't going to sell? The 7 other sellers listing them for $87-$112.

No color variations, revisions, etc, but they probably saw the same item at a store for $124.99 and think that $112 "is a steal" when 100 of them have sold, all under $60.

If you put two Walmart stores next to each other, and charged double at the other store, which one is going stay open? The answer is rather obvious.

IDK if people are pricing things high so they can make a print out for their garage sale "proving" their item is "worth" twice as much as it actually is, or whatever.

johnrj1226 · ‎07-10-2021

I always paid attention to what items sold for (total amount item +shipping) vs what the current asking price is of current active listings. To me a sold item is what a will buyer willing paid for an item. Where there are multiple items sold of the same or similar item I'm selling, I disregard the highest price & the lowest sold prices. Then target a bit above the mid point price. Don't like competing with bottom feeding pricing - I like to make money on my sales after all selling costs including shipping. BTW I primarily sold used/pre-owned items that were in very good condition - seldom did I use the term excellent condition and never used the words "like new" to describe my items.

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soh.maryl · ‎07-10-2021

Am I misinterpreting your "casting pearls before swine" remark.

It seems, at the very least, somewhat condescending, as if we would be unable to understand the "more factors to pricing" that you reference here.

maxine*j · ‎07-10-2021

People can ask whatever they care to ask. No one has to match someone else's prices, or attempt to offer the lowest prices, or otherwise price in a totally reactive manner.

Sometimes what it means to be successful is that you can wait for the slow dime instead of having to always go for the fast nickel.

If people are consistently wrong in their pricing, they'll eventually go under. If not, and they remain in business, then who is anyone else to criticize them?

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maxine*j · ‎07-10-2021

@kawe-4254 wrote:
Hope that teaches you to shop only on eBay!

@kawe-4254

Be that as it may, Kamaroŭka Market remains the best place in Minsk to grab something to eat.

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luckythewinner · ‎07-10-2021

@quadcitypickers wrote:
It blows my mind how many sellers don't bother looking up items before pricing them, and they are probably the same ones on these boards complaining that sales are dead.

You appear to be making three assumptions that I don't entirely agree with:

1) That sellers with higher prices must not have checked comps;

2) That a seller who has checked comps will not price an item higher anyway; and

3) That buyers always find and choose the lowest priced item when buying on eBay.

I often list items at what I refer to as my "if some idiot wants to pay this much, I'll sell it to him" price.

And sellers regularly post here asking why other listings with higher prices are selling before theirs are.

lepke1979 · ‎07-10-2021

It's possible they do. Perhaps at one point, the price was at $20...but then over time the price became $10 or $15 because of the race to the bottom. Other possibilities are they just won't make money unless it's at that price. Plus, sometimes people will pay the higher price. Some cases are they might get it quicker. Others, because of feedback.

Part of why I allow offers is so if someone makes an offer, I'll check to see if that's just what it is now (or close to it). It also helps with cases where it's been sitting there for months. Don't have a store yet, so can't do sales.

2013grotz · ‎07-10-2021

4) That sellers with higher prices may not have checked comps recently.

I found that out myself checking over what I have up. Several things that were within reason became the highest with other listings past that.

@luckythewinner

3) That buyers always find and choose the lowest priced item when buying on eBay.

This is what I'd question most. I've said it myself: Why should I buy an item for $10 when I can buy the exact same thing for $7. Why would anyone pay the extra money?

2013grotz · ‎07-10-2021

@lepke1979 wrote:
Part of why I allow offers is so if someone makes an offer, I'll check to see if that's just what it is now (or close to it). It also helps with cases where it's been sitting there for months. Don't have a store yet, so can't do sales.

"If someone makes an offer"? I wonder how many potential buyers just don't even bother? I know I don't, most of the time. And the times I've had really didn't net anything good.

Least amount of trouble to net the item. If someone already has an item for what I was going to offer, why should I make that offer to someone with a higher price?

Can't say I can fully navigate all of why buyers buy a particular item, market-wise. Just can go off my own experience and do the best.

chapeau-noir · ‎07-10-2021

@soh.maryl wrote:
Am I misinterpreting your "casting pearls before swine" remark.
It seems, at the very least, somewhat condescending, as if we would be unable to understand the "more factors to pricing" that you reference here.

I wondered about that - are we chopped liver? Worse yet, uneducated chopped liver?

“The illegal we do immediately, the unconstitutional takes a little longer.” - Henry Kissinger

"Wherever law ends, tyranny begins" -John Locke