Raising prices?

[inhawaii]

This is not shipping question. This is a seller question. 

I find myself raising prices EVERY OTHER price increase.  I think i can afford to not to  raise my prices this time around.

Just curious.

Are most of you raising you prices to reflect the recent postal rate increase or are you already making enough profit that you can afford not raise your price?

[monster-deals]

My buyers pay the shipping so my prices stay the same no matter what postage costs.

Half the things I sell the postage is more than the item anyway.

[simba6]

Shipping has been going up as long at there has been ebay.  The smaller amounts I tend to "eat". On large packages, I do have to adjust prices when it's free shipping and that is what buyers seem to want.

[coastaltechsolution]

Most of my shipping is calculated rates(buyer pays) so no price increases for me this time around. 

[1grandmashope_1]

Slowly trying to adjust my shipping costs on all my fixed price listings. I am not getting very far. Trying to stay positive when I am not feeling it.

So much with taxes, bills and just trying to list some of the items I've had. 

If I could motivate myself it may help. So yes, 🙂 I am adjusting my listings to reflect the increase when I get off my rear-end. 

Grandma 

[bigdeals.etc]

I'm sure OP is talking about overall price (not item price vs shipping price), since we all know they get pooled together in the total price. So for the many who say they use calculated shipping, I look at their answer as "yes" since their total price is automatically raised by ebay.

I sure hope the ones with flat shipping and free shipping raise it too. I make it a point to raise my total prices every year during the holiday season and end up retaining a part of the higher prices from then on out. For instance, I may raise the total price by 15% during holiday season then lower it down to 10% come January. This usually covers most of the price inflations we have to pay as sellers. I still am opened minded to re-evaluate pricing mid year if necessary, but usually that's in regards of another price hike.

[myhomeschooldelights]

This is a general question where the answer is not a "one size fits all".   I think each seller will need to analyze according to what type of items they sell, the packed weight, and the carrier you use, and whether or not you are running a business for profit, or just selling used household items you don't need any more.  If you offer free shipping or not is also a consideration.    If you do not offer free shipping, but use eBay label purchasing, then the label price increase will be automatically calculated, so no, you wouldn't need to raise your item price at all if you didn't want to.

If you offer free shipping, then you need to do a cost analysis by product type to keep your profit where you need it to be.  That's item-specific, and new formulas need to be used with each shipping rate increase or fee increases or your product cost increases.  I have slowly raised prices on the items I sell over time due to all these factors - I offer free shipping.  

[1tuna]

I use a lot of 1st class with usps.I still charge a flat fee of $5 and most shipments are under 8 ounces

maybe next year I will go up to $6 but I think thats priority territory maybe

 $5 is still very doable for me

[sassykzt]

I use shipping rate tables. I have adjusted them according to the USPS  1/24 rate increases.

[coastaltechsolution]

Because the cost of the item remains the same, shipping will always fluctuate upwards but without involvement from the seller. There are just 2 ways to look at that depending on how business wise you view the shipping cost.  

[sin-n-dex]

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@inhawaii wrote:

This is not shipping question. This is a seller question. 

I find myself raising prices EVERY OTHER price increase.  I think i can afford to not to  raise my prices this time around.

Just curious.

Are most of you raising you prices to reflect the recent postal rate increase or are you already making enough profit that you can afford not raise your price?

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I've been at $3.70 to ship a single coin since 2016. It's going to be a lot of work to change prices in current listings, I can only change prices in future listings (because the prices are all over the board). I will adjust the prices in my template and that will be that.

I raised my combined shipping discount to $5.80 last night to make up for the rising prices... I subsidize a bit to be competitive but I can't give my merchandise away. On two coins the $5.80 is great, on a larger parcel of mint product I might take a $3 hit when using flat rate postage.

I can't raise prices on merchandise because it's a luxury type of item, and if it's not priced well they will buy it elsewhere.

C.

[mcdougle4248]

I raised my prices....again 😒   I have a feeling I am pushing very close to, if not over,  the price buyers will be willing to pay for my items and shipping.   Will know soon enough, I guess.

[bimm_corp]

Already raising my prices to celebrate being forced into Mangled Payments.

[hurryagain]

I'm lucky...many sellers that sell items similar to mine already have higher shipping rates than I do to begin with so I did raise my postage on those items and i don't think that it will have a negative effect.

My BIN w/free shipping I have left alone.  I can absorb those increases this round.  😋

[inhawaii]

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@sin-n-dex wrote:

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I've been at $3.70 to ship a single coin since 2016. It's going to be a lot of work to change prices in current listings, I can only change prices in future listings (because the prices are all over the board). I will adjust the prices in my template and that will be that.

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Some of my smaller/lighter items still have $4 (first class) shipping . Even though i may lose a few cents on shipping after factoring in everything, i make enough profit on the item itself that i don't have to raise the $4 charge. But with this latest increase, i may have to rethink that.  I may have to raise my minimum shipping charge to $5.