When buying an item and selling it on Ebay...?

Question

Do you decrease the price you bought it for or increase the price of the item you want to sell?

Answer 1

If you have an item you decrease if you want to sell it unless ofcourse its a collectable. Login see if there are similar items and go from there.Item prices can be set and depend on condition etc but remember if the buyer can walk down the street and buy the same item new for the same price without postage then they wont buy on ebay. Often items with set prices do not sell, but you can put it on for auction or a buy it now price which should be what you wanted if someone really wants it they will not risk bidding.

Answer 2

Survery the sight. See what other items like yours are going for. In the end you need to sell it at a price that is comfortable for you. In my experience ebay prices are lower and people go there to find a deal. After al lthe idea, atleast orignially, was for it to be like and online garage sale. This doens't mean there aren't many new, nice or rare things worth the same or over the asking price.

Good Luck and Happy Selling!

Answer 3

If you want to make money the idea is to sell it for more than you bought it. sometimes you make a really crappy buy and the price you sell at is to high, then you lower it and try to cut your lossess to a minimum...

remember the money is in the buying (i.e. the idea is not to sell high, its to buy somethign at a really low price so you can sell it at teh normal price and make money or sell it at a higher price and make even more money or if you have to sell it below the normal price and make a little less money)