posted on July 30, 2002 01:03:58 PM new
Whats the best starting price to use. Is it better to start at $9.99 (List fee 30 Cents) or closer to what you want the item to sell for?
posted on July 30, 2002 01:19:33 PM new
Most of the items I sell are $25.00 to $100.00 I use to start all auctions at $9.99 but in the last year have got burnt to many times. I now start all auctions at the lowest price I am willing to sell at. It costs a little more for insertion fees but well worth it.
posted on July 30, 2002 09:37:58 PM new
YUP,,,,,,SINCE 911,,,,,I AIN'T DOIN' THAT $9.99 TOO MUCH ANYMORE. IF IT'S WORTH $150.00 IN A REAL STORE,,,,,$50.00......I AM LOOKING AT E BAY IN A DIFFERENT WAY NOW. THESE ARE NOT REALLY AUCTIONS IN MY MIND,,,,,I WANNA SELL SOMETHING. IF THEY WANNA "BID" ABOVE WHAT I JUST WANT,,,,,,MORE POWER TO THEM. THAT'S THE PEOPLES CHOICE. I DON'T EVEN LOOK AT THEM AS "BIDDERS" I WANT $50.00 AND THAT'S IT. IF SOMEONE WANTS TO DRIVE UP THE PRICE,,,,,,,,,THEY BETTER PAY ME!!!!! WHEN IT'S OVER. AND MANY LATELY ARE NOT DOING JUST THAT. THEY THINK THIS IS SOME SILLY GAME,,,,,,IT AIN'T.
posted on July 30, 2002 09:47:48 PM new
You know, I've begun to see myself as a sort of wholesaler, a middleman (woman) rather than a retailer, and that makes the prices I can command on ebay a lot more palatable. If I can pick up an item for practically nothing and turn it over for 2 - 5 times what I paid for it, I'm satisfied. I know that some buyers are going to resell my items in a brick and mortar store for more, but I'm philosophical about that.
And sometimes I'm pleasantly amazed at how much more I can get than what I expected!
I agree that generally it's smart to start the item at the lowest acceptable price to you, but I waffle on that, wanting to encourage bidding by starting even lower. It's really a gamble.
posted on July 30, 2002 09:57:23 PM new
I wish someone had made an index of the number of bids the average sold eBay item had received. About 4 years ago eBay was frequently boasting that 70% of all listed eBay items received bids. That precentage has to be much lower than that now and the number of bids that sold items received has to be much lower as well.
posted on July 31, 2002 07:32:47 AM new
Bidsbids...
Personally, I don't care too much about whether or not my auctions get any bids. What I care about is whether or not my auctions get winning bids...and winning bids I can live with.
Everyone else...
I'm at 6's and 7's about opening pricing. Tricky situation.
Case in point: I listed a sports collectible I knew was worth at least $50. Set my opening price at $24.95. Got looky-loos but no bids. So I went back and dropped the opening price to $21.95. Got many bids and sold the thing for almost $60. What a difference $3.00 makes, eh?
As for the $x.95 or $x.99 gambit, I don't like it. But the typical consumer sees a price of, let's say, $9.95 and "reads" it as $9.00 instead of the virtual $10.00.
