How To Price My Prodcuts On Ebay?


sgr4679
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  • Joined: 28 Dec 08
  • Karma:
7 Apr 09 05:33:01 pm
Hello to this great community,
I need your help, This issue is been bugging me for a long time because i don't think i understand what's the best way to price my item and how, for example :

Unizqe product with no competition that i want to be sold at 50$:
1. Should i list it at BUY IT NOW for 50$ ?
2. Bid auction, at what price should i start the auction ?
3. Should i use Bid auction and give my customers an option of BUY IT NOW ?
4.What's the rate difference should be between Bid and Buy it Now, is Starting bid of 29.99 Or BUY IT NOW AT 49.99 is logic ? - What's the difference rate should be ?

I apologize for all the questions but this is really important to me, For all the replyers i would really appreciate your reference for each paragraph .
Thanks a lot


bashmaki
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  • Joined: 27 Feb 09
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8 Apr 09 04:05:44 am
Anyone else notice the substantial drop in ebay prices? I've been really taking it in the shorts without a minimum price set. I'm not losing money on my items because I buy them dirt cheap but the prices I'm getting are way below what they used to be.
There are a lot of tire kickers out there but not many actual bidders. I had one item looked at 156 times with 17 watchers. I got two bids and it sold for nearly half of what it would have a year ago. A year ago there would have been a bidding war the last hour.


sgr4679
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  • Joined: 28 Dec 08
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8 Apr 09 04:32:13 am
Thanks for thr respond but that doesn't answer my questions.


bashmaki
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8 Apr 09 01:16:05 pm
Thanks for the tip jimmy. Now that you mentioned it the last real decent price I received on a sewing machine was a buy it now sale.

SGR,
I didn't mean to hijack your thread; I just didn't want to start another one about pricing on ebay. I knew someone with more experience would answer your question.
I apologize,
Gus


planes
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  • Posts: 840
  • Joined: 19 Jul 07
  • Karma:
9 Apr 09 02:27:22 am
Hello to this great community,
I need your help, This issue is been bugging me for a long time because i don't think i understand what's the best way to price my item and how, for example :

Unizqe product with no competition that i want to be sold at 50$:
1. Should i list it at BUY IT NOW for 50$ ?
2. Bid auction, at what price should i start the auction ?
3. Should i use Bid auction and give my customers an option of BUY IT NOW ?
4.What's the rate difference should be between Bid and Buy it Now, is Starting bid of 29.99 Or BUY IT NOW AT 49.99 is logic ? - What's the difference rate should be ?

I apologize for all the questions but this is really important to me, For all the replyers i would really appreciate your reference for each paragraph .
Thanks a lot



If you have a truly unique product, then I would suggest a fixed price format.

Another option I see a lot of sellers doing is an auction format with a buy it now option.


planes
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  • Joined: 19 Jul 07
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9 Apr 09 02:28:11 am
I would also do a couple of trial runs of each to see what happens. Even if you lose some money it will be worth it to see what traffic you get.


sgr4679
Full Member
  • Posts: 103
  • Joined: 28 Dec 08
  • Karma:
9 Apr 09 05:58:26 pm
Thanx everybody for all your help, So basicly you say that if i have a unizuq product that i belive in it it will eventually sell ?

Should i post it at a 30 day listing or less ?

Thanx again you are awsome,
P.S - it's ok Gus you didn't hijack anything :)


planes
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  • Posts: 840
  • Joined: 19 Jul 07
  • Karma:
15 Apr 09 03:15:37 am
Thanx everybody for all your help, So basicly you say that if i have a unizuq product that i belive in it it will eventually sell ?

Should i post it at a 30 day listing or less ?

Thanx again you are awsome,
P.S - it's ok Gus you didn't hijack anything :)


At this point I would list all items 30 days.


 

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