Pricing Mistakes Beginner Resellers Make + Tips To Price Correctly
This video is for beginner resellers who want to learn how to price items correctly on Poshmark, eBay, Mercari, Depop, or any other reselling platform. You’ll learn how to do market research to determine appropriate pricing based on comparable sales (comps) and sell-through rates and the most common pricing mistakes to avoid.
A Reseller’s Guide To Keywords (Ebook): bit.ly/fashionkeywords
Measurement Size Charts (Templates): bit.ly/measurementcharts
🔗LINKS & RESOURCES MENTIONED
eBay Product Research App: kzread.info/dash/bejne/epilzsSKhqaTm7w.html
Flyp Poshmark Automation Tool: kzread.info/dash/bejne/q4p-05eBZbi1gbQ.html
How To Send Offers & Create Coupons On eBay: kzread.info/dash/bejne/g35_zsutm7XPfbg.html
Poshmark Closet Clearout: kzread.info/dash/bejne/oIaZzMuhf8XbXZM.html
🛠️ RESELLER TOOLS & DISCOUNTS
List Your Items Everywhere With List Perfectly (Use Code THEMOMBOSS For 30% Off First Month ): bit.ly/lstperfectlyfreetrial
Flyp (Poshmark Closet Sharing Tool): www.joinflyp.com/tools?code=3762
Get $10 Off your first Poshmark purchase using my invite code: SANDRAS5THAV
Sign up for Mercari with this link and get up to $30: merc.li/tUUtHShsb
📦 ALL THE SUPPLIES I USE TO RESELL: bit.ly/resellsupply
🛍️ MY SHOPS
Sourcing Checklist (free download): stmb.ck.page/checklist
Shopify: stmbshop-2.myshopify.com/
Amazon: www.amazon.com/shop/sandrathemomboss
Poshmark: (Use Code SANDRAS5THAV for $10 Credit): poshmark.com/closet/sandras5thav
eBay: www.ebay.com/str/sandras5thav
🤝LET'S CONNECT
Email: hey@sandrathemomboss.com
PO Box: 3330 N Galloway Ave Ste 304-121 STE 304-121 Mesquite, TX 75150-4728
Coaching: Shoot me an email. I’ll send you an availability schedule hey@sandrathemomboss.com
🎬Video Time Stamps
00:34 Use Retail Prices
02:24 Skip Doing Comps
04:23 Don't Check Sell Through Rate
14:42 Don't Consider Condition
16:25 Forget To Price Up For Rare Qualities
17:25 Price The Same Year Round
19:21 No Room For Offers
22:52 Never Reduce The Price
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Пікірлер: 50
When lower priced items haven't sold, I will sometimes RAISE the price and BINGO - sold!
@SandraTheMomBoss
Ай бұрын
Interesting. I think sometimes going too low can reduce the perceived value of an item.
@JDfan3340too
Ай бұрын
I've done the same!
@suemckamely1596
Ай бұрын
Sometimes when I am deciding on what price to list an item, I look at current listings and of course sold listings, and choose a seller that has a lot of feedback and tweak their price according to my liking. My thinking is that this person has been selling for quite a while and has a good handle on the pricing strategy.
@SandraTheMomBoss
Ай бұрын
@@suemckamely1596 That's an excellent tip!
@Everbrightsocialmedia
Ай бұрын
@@SandraTheMomBossyes!
I follow your instructions yesterday and got two old ones sold. Thank you 😊
That is one of the best channels for resellers, super helpful, very detailed and focused. I appreciate you Sandra!
Hi Sandra! Best reseller channel and content on YT! Thanks for your time and talent! Your short cuts to determine comps and sell thru rates are fantastic. Super helpful!!
@SandraTheMomBoss
Ай бұрын
Thank you so much! Happy to hear the content is helpful!
After checking other sellers' prices, if I find the identical item I price mine a dollar less. If it's a bit different I stay within a range, not making it too low or too high. If it's vintage I will sell higher than you might think since vintage buyers are looking for uniqueness.
@SandraTheMomBoss
Ай бұрын
Great points!
Great information. New subscriber
Sandra, I want to thank you for making these videos. I am new to some of the platforms and I am definitely making some of the mistakes you are mentioning. I will be updating my listings following your advice. Many blessings ❤ to you. Again, thank you!
@SandraTheMomBoss
29 күн бұрын
No problem. Thanks for wathching!
Such great tips - I didn’t know how to do bulk price adjustments on either platform. This really helps. Thank you!
@SandraTheMomBoss
Ай бұрын
You're welcome!
Always great advice. Thank you
@SandraTheMomBoss
25 күн бұрын
Thanks for watching!
Excellent tutorial,,very clear & helpful.Thank you
@SandraTheMomBoss
29 күн бұрын
You are welcome!
Very helpful. Thank you!
@SandraTheMomBoss
25 күн бұрын
You're welcome!
Great content
@SandraTheMomBoss
Ай бұрын
Thanks!
Very informational
@SandraTheMomBoss
Ай бұрын
Glad it was helpful!
100%. Each platform and place has its own comps. One platform may sell same one for higher price than others.
@SandraTheMomBoss
Ай бұрын
That makes things even more confusing sometimes.
I came here Looking for some peanut butter and jelly
@SandraTheMomBoss
Ай бұрын
😂😂
What is your opinion on the suggested price on both eBay and Poshmark? I usually check comps, and then check the suggested average price, and decide from both sources what to price at.
@SandraTheMomBoss
Ай бұрын
I never actually pay attention to suggested prices. I think they are a good resource to go by as a beginner, but ultimately their are too many factors to consider with pricing.
Do you have a store on ebay? Or just the free 250 items without insertion fee? Thanks.
@SandraTheMomBoss
Ай бұрын
I have a basic store.
Do you have a video on how to create a coupon on eBay?
@SandraTheMomBoss
Ай бұрын
Yes, this link should take you straight to that topic: kzread.info/dash/bejne/g35_zsutm7XPfbg.htmlsi=xtJe7bjW0h3StbW1&t=1453
@amej1942
Ай бұрын
@@SandraTheMomBoss Thank you! I’m going to watch it.
You made reference to a discount cheat sheet can you make that downloadable
@SandraTheMomBoss
Ай бұрын
I'd need to create my own to make it downloadable. I got the one I use from this Poshmark listing: poshmark.com/listing/Offer-Cheat-Sheet-5c095cca4ab6331d3e129451
8:00 what percentage is considered low, medium, high?
@SandraTheMomBoss
Ай бұрын
That depends on a lot of factors- your business model, what type of items you're selling, how long you're willing to wait on a sale, will it be a high or low profit, do you sell on other platforms. For me the closer str is to 50% the better and if it's above that even better.
@extraHERO
Ай бұрын
@@SandraTheMomBoss Thanks! (btw Used shoes I get for around 5 bucks each except for rare special cases, only ebay and Mercari)
@extraHERO
Ай бұрын
@@SandraTheMomBoss I do comps but not in depth comps because I don't like being in stores too long. I use lens and if the shoe is selling for 25 or above and is in good condition or just is a pair of tennis shoes that aren't terrible my weakness) I pick it up.
@SandraTheMomBoss
Ай бұрын
@@extraHERO Same... try not to spend too much time doing comps. It's my least favorite thing to do in reselling.
How many items would you say is in your store?
@SandraTheMomBoss
25 күн бұрын
Currently 800-830