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Post by frakinfashion on Apr 21, 2017 21:04:31 GMT
So here's some advice from the unfortunately named "Seller Success" newsletter that Tradesy just sent out... Yes, let's all beat overpricing and keep citing a lower price than the next girl, so that eventually...well, why don't we just beat ourselves senseless while we're at it. I feel like writing to these folks but I don't have the energy.
"Are You Helping or Hurting Your Closet?
HOW TO BEAT OVERPRICING, BUILD TRUST, AND EARN FASTER
prices
Accurate and competitive pricing is key to making your Tradesy closet a go-to destination. If your prices aren’t the lowest your buyer can find, you won’t make the sale. Aren’t sure how to price your items? Check out these simple tips to ensure your listings are budget-friendly and irresistible to potential buyers:
Search Tradesy for similar items and drop your price to give yourself a competitive edge."
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Post by Pantlandia on Apr 21, 2017 21:15:36 GMT
Price dropping like that is utter hogwash. I am not the lowest on a lot of my CDs. I have a bottom line and I won't go below that. In fact, some CDs are selling for $3.29 and my minimum is $4.18 and I will still sell mine. Because I use actual pictures, grade mine accurately and describe things.
When I sold on Amazon, I NEVER had the lowest prices. I would price at least 10cents higher because, again, I would describe the books instead of leaving a boilerplate statement like the big sellers. If I'm buying something in Acceptable condition, I want to know why it's in that condition, not where the item is going to ship from or how many you sell.
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val2525
Chaos Manager
Posts: 30,780 
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Post by val2525 on Apr 21, 2017 23:46:04 GMT
I'm in the middle price range for my stuff. Sells fine (when I list that is).
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Post by frakinfashion on Apr 21, 2017 23:56:28 GMT
Don't they realize that if everyone looks at the prices and undercuts, pretty soon you will be paying people to take your stuff.
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Post by mupcycledcouture on Apr 22, 2017 0:05:36 GMT
I rolled my eyes at that email today.
I do have to say though, their recommended pricing is usually much higher than Ebay and, at times, what I would have put.
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Post by sunsetpainter on Apr 22, 2017 0:21:21 GMT
Their price suggestions for me used to be a lot higher than Ebay. But recently they want me to price my stuff for around $5.00. Even for stuff like Levi's 501 jeans when I usually get around $25 - $30 for them on Ebay. I've been pricing them the same as I have them listed on Ebay no matter what their suggestions.
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Post by chapeaunoir on Apr 22, 2017 5:55:49 GMT
Look at thredup - I got 1.49 for something on consignment- I could have done better just donating it.
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Post by mupcycledcouture on Apr 22, 2017 16:46:05 GMT
ThredUp is going to mess up the entire system. They are advertising as an online thrift store and cheap prices and so on. They are driving a race to the bottom, more so than even Ebay did.
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Post by RetroMonde on Apr 23, 2017 16:48:18 GMT
Then they probably won't last for long. Those rock bottom prices aren't doing the financials any favors, are they? Unless they make up for that lack of income like eBay does (ads, etc) they won't be able to sustain a profitable biz model; at least I don't see how. I wouldn't put too many eggs in that leaky basket.
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Post by chapeaunoir on Apr 24, 2017 1:27:50 GMT
Then they probably won't last for long. Those rock bottom prices aren't doing the financials any favors, are they? Unless they make up for that lack of income like eBay does (ads, etc) they won't be able to sustain a profitable biz model; at least I don't see how. I wouldn't put too many eggs in that leaky basket. It's for stuff I can't get rid off, but by this time I think I'll probably just re-donate. I've got one more Thred-Up bag in reserve and that's it. This last 'consignment' racket was just too much for me. |
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