My eBay pricing strategy for 2010 is working.
I sell shirts on eBay. Most of them are used. Until all the changes were made I was selling 15-20 a day. This has now dropped down to about 5 a day, on average. since used items are getting more and more difficult to sell on eBay I decided a couple of months to price them at the lowest possible price I could just to move them out.
I priced most of the t-shirts at $4.99 each with free US shipping. This has been a complete disaster. Very few sold at that price. I did get a bunch of best offers at $1 and $1.50. They were offering me $1 and $1.50 for a shirt with FREE shipping. I may be crazy but I ain't stupid. I would be better off just to send the fools a couple of bucks and keep the shirt.
A couple of weeks ago I started raising the prices on my shirts. Most t-shirts are being raised to $9.99 with free US shipping. This is working pretty good. A couple have sold at that price and one even sold internationally at that price with $11.95 added for international shipping. Today I had one international buyer offer me $6.50 for a shirt I had at $9.99. I accepted because the International shipping charge was $12.95. I had another (US)buyer today offer me $7.99 for a shirt I had listed at $9.99 with free shipping. I accepted. I ended up getting $3 more for a shirt than I had it offered 30 days ago.
As I was writing this another offer of $5 came in on one of the shirts I had raised to $9.99 from $4.99. I did not accept but made a counteroffer of $6.99 reminding the buyer that this included 1st Class mail shipping.
Needless to say, I will be busy for the next few weeks raising the prices on all of the shirts that I have not already raised the price on.
I priced most of the t-shirts at $4.99 each with free US shipping. This has been a complete disaster. Very few sold at that price. I did get a bunch of best offers at $1 and $1.50. They were offering me $1 and $1.50 for a shirt with FREE shipping. I may be crazy but I ain't stupid. I would be better off just to send the fools a couple of bucks and keep the shirt.
A couple of weeks ago I started raising the prices on my shirts. Most t-shirts are being raised to $9.99 with free US shipping. This is working pretty good. A couple have sold at that price and one even sold internationally at that price with $11.95 added for international shipping. Today I had one international buyer offer me $6.50 for a shirt I had at $9.99. I accepted because the International shipping charge was $12.95. I had another (US)buyer today offer me $7.99 for a shirt I had listed at $9.99 with free shipping. I accepted. I ended up getting $3 more for a shirt than I had it offered 30 days ago.
As I was writing this another offer of $5 came in on one of the shirts I had raised to $9.99 from $4.99. I did not accept but made a counteroffer of $6.99 reminding the buyer that this included 1st Class mail shipping.
Needless to say, I will be busy for the next few weeks raising the prices on all of the shirts that I have not already raised the price on.
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