how to correctly list a lot of items

[cosmicray]

I have searched the Community, but the number of false hits is amazing. All I need is one question clearly, concisely and accurately answered.

When I create a listing, where I want to sell 5 of an identical items, using 'Sell as a Lot', what price do I put on the listing … The price of one identical item, or the price of the lot (in this case 5 of an identical item) ?

In the current situation, the price of one item is $20, so I set the listing price to $100, and the lot quantity to 5. Is this how it works ? The help bubble on the listing form was silent on this subject.

TIA

[luckythewinner · Accepted solution]

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@cosmicraywrote:

I have searched the Community, but the number of false hits is amazing. All I need is one question clearly, concisely and accurately answered.

When I create a listing, where I want to sell 5 of an identical items, using 'Sell as a Lot', what price do I put on the listing … The price of one identical item, or the price of the lot (in this case 5 of an identical item) ?

In the current situation, the price of one item is $20, so I set the listing price to $100, and the lot quantity to 5. Is this how it works ? The help bubble on the listing form was silent on this subject.

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If you are selling five items together as one lot, you set the quantity to 1 and the price to $100. 

If you are allowing the buyer to select the quantity he wants between 1 and 5, you set the price to $20 and the quantity to 5.  You then use the picture and the description to explain that the buyer is getting five items. 

In the latter case ... if the first buyer elects to purchase 2 of them, eBay will lower the quantity available to 3 so that the next buyer can only choose 1, 2 or 3 as a quantity. You would show just one item in the picture in this case. 

[sockmonkeydave]

@cosmicray

If it is a lot of 5, you picture all 5, and the cost is for all 5.

If the value is 20 bucks a piece, you sell it as a listing with qty of 5.

With shipping for all.

No need to over think this.

[partial*eclipse]

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@cosmicraywrote:

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 ... In the current situation, the price of one item is $20, so I set the listing price to $100, and the lot quantity to 5. Is this how it works ? ...

Yes, that's how you'd set up a lot of 5 items to all be sold together.

Your Lego listing, offering 2 lots of 5 items each, has sold one lot for $100 and still has the other available.  So if you intended to offer two lots (at 5 items in each lot) then that listing is set up correctly.

Buyers get confused, too.  It wouldbe helpful to state right at the beginning of the listing Description, "This lot includes 5 sets."  The entry for 'Pieces: 10" might be confusing.

[labs118]

$100.00, selling 1 lot of 5

[cosmicray]

Thanks to one and all for the responses. It worked as intended (for this buyer), but I'll leave it active for the remainder of it's run in case someone else wants to buy some as well.