quote:Originally posted by AngelLisa:
Actually there are alot of people on the store board that say raise your prices to get rid of it, lol.
you sell clothes though which is highly competable on ebay, so may not work for you.
I've been researching different successful apparel sellers. eValueville being one of them. I Googled as much on him as I could. He mentions what he has learned is this, "It's the sale that drives the sales." He starts all of his things out at .99 and does rather well. Of course, he's selling all NWT items. His shipping is $6.95 first item and it goes down gradually. Some of the really hot items should be started out higher because experience has taught a seller it's going to sell. Then there's the rest of it. Nice apparel but not a drop dead dress or killer business suit. It's listing this stuff more than twice that I feel really costs a seller in the end. If I'm paying $1.00 per item and starting them under $10.00 with a flat rate shipping of $8.00 (most items shipping at $4.05 each) I feel I can make a decent profit by inceasing volume. Building a loyal customer base and sticking up a couple thousand items. This is my goal for the upcoming months. I'll let you know how it turns out. For me, I'm going to mimic those sellers who have made it, who are very successful. I think eValueville's owner Mr. Waite is correct, "It's the sale that drives the sales." Thanks again for the info.
I want to add that many of the items will bid up between $2 to $5 on average. Many won't, they'll sell for the reduced rate. However, there are also many that will be caught up in bidding wars. For instance, I sold a dress about a week ago. It's a nice dress but nothing all that special. Anyway, I couldn't sell this dress last season to save my life. I dropped that dress down to $4.95 and it ended up selling for just under $35.00! The first time out and that is key, it sold on its first time out this season. Then again, I sold a so so skirt suit for $5.00. It really doesn't matter because I paid $1.00 for each item. I want it sold and as quickly as possible. I think going with a lowball starting price will all even out in the end. I'll have to list a lot more but hey, if that's what it takes. Besides, if for some reason the buyers like paying 'more' I can always 'raise' my prices, lol.