Rarely do I go back to look up items if they have not sold. It is far easier to reduce the price and certainly that saves time. Saving time = making money since I have leftover time I can spend listing (hopefully) better items.
The way I look at it is if I have something that has been around 18 months or longer, then it is either going to get donated or trashed during my next inventory purge. I'd rather make $10 off it than get to that point. At least I claw back some money or make a little profit at least.
There are exceptions. If it is an item that should have sold, I will do another look up to see where the market is. I did an inventory purge earlier this month. There were about 50 items I delisted. There were a few more that I almost delisted, but instead decided to take a few minutes and do new research on them. I re-priced at the market and a few of those raw hide items, as I call them, have already sold.
There are also certain items that I'm willing to hang on to as long as needed. I enjoy selling replacement parts and pieces to small appliances, toys, etc. These are generally small items, easy to store, and I know I'm waiting for the buyer who needs that piece to come along. I view those things through a different lens.
I am about to the point that I am going to no longer list motor bases to small appliances. They do sell, but normally not for very much and they tend to take longer. I'm debating whether it is worth my time doing the testing on them, making a video that shows they work, and then storing them. They are larger and thus more challenging to ship and shipping is more expensive on them.
