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Why do so many sellers not check comps?

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.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Message 1 of 37
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Re: Why do so many sellers not check comps?


@2013grotz wrote:

@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.


Most probably won't, some will.

 

As for the why, I think it all comes down to psychology. Some people just like to haggle. Also, if you have two items for the same price, but one has shipping separated out. Why will the buyer veer towards the free shipping one? There is also the case of why something might be cheaper or significantly cheaper than everyone else. They might think perhaps it's that way for a reason.

 

Heck, I have some markers that I accidentally overpaid on and have them priced to where I barely break even. Can easily get them more than a bit cheaper from someone else. Still sell them on occasion. OK letting them sell slowly because they don't take up much space, won't go bad anytime soon, and have it where it's cheaper to buy more. But for some reason, people still mostly buy them one at a time maybe a few dollars more than someone else.

Message 31 of 37
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Re: Why do so many sellers not check comps?

Unrelated, but what is it with the bots lately?

Message 32 of 37
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Re: Why do so many sellers not check comps?

As with most things in this world, it's who you know, it's what you know. its been like that from day one.

Message 33 of 37
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Re: Why do so many sellers not check comps?

I agree with you - but it sure seems like eBay needs to play catch-up with the way they protect their community.

Message 34 of 37
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Re: Why do so many sellers not check comps?

They have temporarily frozen your funds until the chargeback is resolved.

Message 35 of 37
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Re: Why do so many sellers not check comps?

Discussed this awhile back.  I believe we decided it was people who think that posting random replies here will get them approved to sell or buy on eBay.  

Message 36 of 37
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Re: Why do so many sellers not check comps?

I notice they aren't even posting original comments.  The 3 before yours are c&p from other threads.

Not saying 'NO' doesn't mean 'YES'.

The foolishness of one's actions or words is determined by the number of witnesses.

Perhaps if Brains were described as an APP, many people would use them more often.

Respect, like money, is only of 'worth' when it is earned - with all due respect, it can not be ordained, legislated or coerced. Anonymous
Message 37 of 37
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