and how does it affect supply and demand?
2007-01-11 07:15:10 · 4 answers · asked by Anonymous in Business & Finance ➔ Corporations
Ebay doesn't set prices. The individual sellers do. And the pricepoint is more impacted by the current supply and demand than the other way around. If demand is strong, sellers raise prices but they don't usually flood the market with more products or hold back product releases to stimulate demand because there are too many competing sellers; you could never get them all to agree not to sell something just to raise its overall market price.
2007-01-11 07:19:43 · answer #1 · answered by dcgirl 7 · 0⤊ 0⤋
You determine your own prices and that is one of the most important factors in you success or failure as an ebay seller.
I've been selling on ebay for a little over 2 years and I still remember how hard it was just starting out. You can get a free ebay success kit that has everything you need to get started right at: http://smart-money-help.com/free-ebay-kit . The information in that kit will answer every question you have...and a lot more. I highly recommend you get it before you get too far into the ebay thing.
2007-01-11 17:01:04 · answer #2 · answered by Anonymous · 0⤊ 0⤋
eBay doesn't determine prices...individual sellers do. Ebay is just the forum sellers use to sell what they have.
As an eBay seller, I usually research merchandise online to determine what it's actually worth and then see if anyone else is selling the same thing or something similar on eBay to see what people will pay for it.
The rule of thumb is on eBay most buyers usually pay less than what an item is worth, but sometimes you run across a buyer who has to have an item no matter what the cost.
2007-01-11 15:24:01 · answer #3 · answered by Chanteuse_ar 7 · 0⤊ 0⤋
You, as the seller, determine your own prices. As for supply and demand....I don't know.
2007-01-11 15:19:19 · answer #4 · answered by Anonymous · 0⤊ 0⤋