The eBay Pricing Problem, Explained

Тәжірибелік нұсқаулар және стиль

Why does it feel like eBay makes it harder to price things accurately than it should be? Well, that's hard to answer -- it's complicated! In this video I unpack the problem that is pricing on eBay, and offer up tips and tricks to accurately price your items in a way that maximizes profit, minimizes time to list, and sells your items quickly. Thanks for watching!
The related video I mentioned about sell-through rate can be found here: • This is ACTUALLY why y...
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You can also find me on Instagram here: / justinresells.yt
Related video: How I sold $82,640.32 part-time on eBay last year • How I sold $82,640.32 ...
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Пікірлер: 82

  • @darktoylord
    @darktoylord10 ай бұрын

    Also remember to use the minus symbol to filter out unwanted results. "-cartridge" for example. Sorry if you said it and I missed it.

  • @justinresells

    @justinresells

    10 ай бұрын

    good tip! i didn’t mention it but should have!

  • @ColetteO_

    @ColetteO_

    10 ай бұрын

    Had no idea this was something we can do!!! Thank you so much for mentioning the minus sign trick!!!!🙂💌

  • @pixelpalacearcade

    @pixelpalacearcade

    10 ай бұрын

    WOW! I never knew you could do this! This is SO helpful!

  • @chrisfarrell8399

    @chrisfarrell8399

    10 ай бұрын

    Yes, just discovered this trick a few days ago and it’s super helpful 🎉

  • @CaptainRon76
    @CaptainRon7610 ай бұрын

    This man is an eBay God. Thank you for not charging for your videos!

  • @judithpride1690
    @judithpride169010 ай бұрын

    I set a price where I can have an item that is open to offers so that I can negotiate a decent discount that I'm happy with and has a decent chance of being accepted. I'm trying to make a fast nickel rather than a slow dime so this strategy also allows me to reduce the listing price to get inventory moving. I don't have space to store items. I've been a retailer in what a sell for 30 years, so experience comes into play on pricing too.

  • @dwfinds3030
    @dwfinds303010 ай бұрын

    I wish they would make it so you can see accepted offer prices easier I don't really want to have to go look it up every time. The old number with line through it.

  • @RetroSho
    @RetroSho10 ай бұрын

    A great *technsports'* quote helps me sell on eBay a good deal -- "You don't need to get ALL THE MONEY from a sale". You don't need to aim to sell at 100-120% of the listed value when you can take 60-80% and be up the road grabbing 3-5 more similar items that will also sell decently if not same day. Items that sell quickly I add to my little black book to remember to search for on the next go around.

  • @justinresells

    @justinresells

    10 ай бұрын

    great quote! i agree 100%

  • @thetalentedmrdp6745
    @thetalentedmrdp674510 ай бұрын

    I watch all the resellers channels out there but YOURS is always an absolute must watch every time you drop a vid!

  • @justinresells

    @justinresells

    10 ай бұрын

    Thanks, that is very nice of you to say!

  • @AnnapolisGirly
    @AnnapolisGirly6 ай бұрын

    I actually enjoy eBay because I’m always learning! Art and not a science is pretty much true.

  • @Butchs_Daughter
    @Butchs_Daughter10 ай бұрын

    Thanks again for all the great tips! Each video I watch of yours builds my confidence and determination. 💪🏻

  • @sarahjohnston1576
    @sarahjohnston157610 ай бұрын

    Super explanations with simplicity and wit! Thank you.

  • @christaylor5085
    @christaylor508510 ай бұрын

    Great video, Justin! The process you describe to determine price is very similar to mine. It feels good to have the validation and hear your your experience.

  • @sparemaggs6060
    @sparemaggs606010 ай бұрын

    I was thinking about this the other day ! This video is right on time!

  • @deargray81
    @deargray8110 ай бұрын

    Awesome video! Thank you for sharing. I really like how you outline reseller issues without complaining and you have such a positive outlook. It is very motivating. I am going to eBay open in a few weeks and hope to hear if they are implementing any new features for us resellers.

  • @kidcryptic8193
    @kidcryptic819310 ай бұрын

    Great video, remember that almost every buyer will try to get the item from you cheaper than the listed price. Plus you will probably run a sale, so pricing your item at an amount that gets you a few dollars lower than the selling price after you start a 15% sale is a good idea, thanks for the video.

  • @jerrylives2278
    @jerrylives227810 ай бұрын

    really enjoy your channel and get a lot out of it, thank you

  • @theflippintoothfairyjackie5702
    @theflippintoothfairyjackie570210 ай бұрын

    Thanks for all your knowledge in the EBay community

  • @ryanhall4196
    @ryanhall419610 ай бұрын

    Top video again mate. I’ve been reselling for about three months, started off well but sales have tailed off. Hoping it’s because it’s hot in the UK at the moment-everyone enjoying the sun rather than buying on eBay!

  • @sodacityflips
    @sodacityflips10 ай бұрын

    Great info, Justin! Thank you!

  • @thirdcoasthustle
    @thirdcoasthustle9 ай бұрын

    another way to weed out accessories while searching is to check used in condition. this gets rid of most of what you're not looking for like ink, remotes, and other accessories.

  • @malsirian0880
    @malsirian088010 ай бұрын

    Great info - thanks! Nice job on the intro too =D

  • @journey565
    @journey56510 ай бұрын

    Truly an interesting analysis 👍 It also answered the question I had of if terrapeak is run by ebay, why isn't it better?

  • @williambreeze2659
    @williambreeze26599 ай бұрын

    Thanks for the pointers!

  • @HoosierResell
    @HoosierResell10 ай бұрын

    Great video, you do a nice job explaining things!

  • @justinresells

    @justinresells

    10 ай бұрын

    thanks for watching!

  • @user-lj4pc9tf3b
    @user-lj4pc9tf3b10 ай бұрын

    I like the information but I strongly disagree about the search function. As a buyer I often go to Google to find what I want on Ebay. The internal ebay search function is horrible and often times does not give me what I want no matter the search string I put in. I cant think of anything worse than making your potential buyer leave the site to another for any reason.

  • @FrontlineFinds
    @FrontlineFinds10 ай бұрын

    I've always done pricing based on the product research tab, after i've google lensed the item. my only issue with it is its very keyword/filter heavy, if its not word for word it might leave out some comps

  • @ebayposhman
    @ebayposhman9 ай бұрын

    Another great video surprised nobody talks about this

  • @flawedperfextion
    @flawedperfextion10 ай бұрын

    Thanks so much! Your videos are gold. BTW… i’ve been meaning to ask since day one I saw you on youtube but….are you the auction professors on KZread’s son?? You sound a lot like him with your voice, mannerisms and your knowledge. You’re like the younger version of him.

  • @justinresells

    @justinresells

    10 ай бұрын

    Thanks! And no relation to the Auction Professor.

  • @squirls1025
    @squirls102510 ай бұрын

    Don't forget to factor in shipping costs if you charge foe the total sales price. A perfectly priced item that has an extra $10 for shipping may put your price on the high side and an item can then sit as well.

  • @YSLBlueSkies09
    @YSLBlueSkies0910 ай бұрын

    Best video ever 🎉🎉🎉🎉🎉

  • @sandcastledaydream
    @sandcastledaydream10 ай бұрын

    "Disgruntled sellers" lol, beautifully said

  • @marquardtbd
    @marquardtbd10 ай бұрын

    I would like a dedicated seller window on my desktop independent of the buyer section.

  • @mrfrisky5887
    @mrfrisky58879 ай бұрын

    I have noticed sold for auction items way to low stuff be selling for crack head pawn shop prices

  • @raybar121
    @raybar12110 ай бұрын

    I use completed and sold items on eBay

  • @jamieomahen2656
    @jamieomahen26569 ай бұрын

    Can any other Boolean operators be used other than the - sign? (Mentioned in another comment) And wonder if this works on mobile? Off to try!

  • @justinresells

    @justinresells

    9 ай бұрын

    Yes. Check out this page: www.ebay.com/sch/ebayadvsearch

  • @yungjus1
    @yungjus16 ай бұрын

    Hey Justin love your video's man..I just recently got back into selling on ebay, and I sold a large box of comic book's yesterday. My question is why is the final value fee so high? 13.25% 😑😡 seems absurdly high. My books sold for around $230.00 but ebay took like $30.00 and I paid for shipping. Is there a way to get more return for your money? Please help 😢🤷🏾‍♂️lol

  • @justinresells

    @justinresells

    6 ай бұрын

    thank you! eBay fees are what they are. I do not think they are too high based on the value you get. it's the largest secondhand marketplace in the world with a huge buying audience. anything with cheaper fees is going to come with a smaller audience and thus less sales.

  • @iluv2create576
    @iluv2create57610 ай бұрын

    Hi...just wondering why is your eBay store not listed here?

  • @justinresells

    @justinresells

    10 ай бұрын

    It’s on my KZread about page. Thanks for watching!

  • @LSG7771
    @LSG777110 ай бұрын

    Any tips on rare vintage items with no past sales found?

  • @justinresells

    @justinresells

    10 ай бұрын

    If there is no history in Terapeak, Worthpoint is your next best bet.

  • @LSG7771

    @LSG7771

    10 ай бұрын

    @@justinresells Thanks, I tried both and nothing found.

  • @uncommonthrifts

    @uncommonthrifts

    10 ай бұрын

    A good strategy for an item with no comps is to put it up for auction with a starting price that you can live with if it goes at starting bid

  • @uncommonthrifts

    @uncommonthrifts

    10 ай бұрын

    Justin do you like piclick for comps?

  • @LSG7771

    @LSG7771

    10 ай бұрын

    @@uncommonthrifts Thank you; I’ll look into that.

  • @dalvare1
    @dalvare110 ай бұрын

    Strategy for pricing is also a key component. I see too many sellers dumping unique items when they could use a strategy like price conditioning. The quality of the sellers auction is also important with the pricing model. Most sellers on eBay simply lower the price of an item to push it through. Sellers need to take more variables into play when pricing.

  • @billargueta5458
    @billargueta545810 ай бұрын

    Today I shipped through a ups store and they didn't give me a receipt. Should I be concerned.

  • @justinresells

    @justinresells

    10 ай бұрын

    not a big deal. i never get receipts

  • @TheSteveBoyd
    @TheSteveBoyd10 ай бұрын

    40 seconds in and I already feel like you're gonna try to sell me something. But I will continue, despite this uneasy feeling.

  • @justinresells

    @justinresells

    10 ай бұрын

    let me know how it goes!

  • @shamrock2354

    @shamrock2354

    10 ай бұрын

    ​@@justinresells😂😂😂😂😂

  • @gwenanmarshall2441
    @gwenanmarshall244110 ай бұрын

    Do you send offers to people who are watching your item?

  • @MackLee23

    @MackLee23

    10 ай бұрын

    I frequently sell items by sending offers. I just make sure the offer is for at least 10% off, no less.

  • @justinresells

    @justinresells

    10 ай бұрын

    I do. You can expect about a 5% success rate at best.

  • @christinebeames712

    @christinebeames712

    10 ай бұрын

    If they are watching , you have a “ fish “ on the line , if you want to shift an old stock item or need the money , send an offer your happy with , they will probably come back with a lower one , but it’s up to you whether you accept or not , often I think people forget what they have on watch , and a reminder. Re kindles the love of the item

  • @FAHRENHEIT-gj4ng
    @FAHRENHEIT-gj4ngАй бұрын

    Why does it seem like no one wants to pay over $30 for anything

  • @billargueta5458
    @billargueta545810 ай бұрын

    How about this issue. Someone paid 10$ for shipping and I payed 7$ do I refund?

  • @christinebeames712

    @christinebeames712

    10 ай бұрын

    I often do , but if you had to buy boxes and bubble wrap etc , no ,

  • @billargueta5458

    @billargueta5458

    10 ай бұрын

    @@christinebeames712 thank you.

  • @hawkeyebricks9905
    @hawkeyebricks990510 ай бұрын

    Ebay gives you the data... It's up to the seller to be smart enough to interpret it properly.

  • @christinebeames712
    @christinebeames71210 ай бұрын

    Hi

  • @justinresells

    @justinresells

    10 ай бұрын

    hello

  • @ConcernedCitizen-fx7du
    @ConcernedCitizen-fx7du10 ай бұрын

    eBay is experiencing a glitch. No buyers can see my listings from a laptop which sucks!

  • @nathanmoore7120

    @nathanmoore7120

    10 ай бұрын

    How do you know that?

  • @JanBanJoovi-ol1qv
    @JanBanJoovi-ol1qv10 ай бұрын

    Ebay pricing is stupid. I’ve seen stuff i know worth at least $1,000 is being priced or having bids of like a ridiculous $50. Total waste of time checking them. Some sellers are also scammy. If you ask them how much actually they’re selling the product, they don’t have a straight forward answer. Really stupid.

  • @19aries81
    @19aries8110 ай бұрын

    It makes me laugh when I list an item on ebay and it gives me a suggested price based on previous sales and its basing it off a completely different product and either suggesting it should be way lower or way higher, I bet loads of people have put there item up for auction like this only for it to sell for way lower than they had hoped, total joke

  • @miamiwax5504
    @miamiwax55047 ай бұрын

    People complain about no sales then you look at what these idiots are asking!! Outrageous what ebay has become. Etsy is even worse.

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