Reseller Masterclass #4 : How To PRICE Your Items

For supplies, a free trial on 1:1 mentorship and inventory to sell, check out www.dailyrefinement.com.

[@carolyna7818]

So useful! Your content is gold💰

[@njboy7]

The strong majority of Garage sales in my area are asking eBay prices now

[@fireslayer52]

I like it when I ask them to call me when the yard sale is over and I’ll make them an offer… and they call and tell me come get it it’s free

[@49lucky]

I've started looking at other people's prices and drop mine 50cents. That's worked so far

[@LIVELETLIVE04]

@Connard Cyndi interesting that’s for that knowledgeable response. What if you’re just getting started? Should you just be that other option just in case the other reseller has ran out of the product?

[@Jsantiagounderscore5]

Ha! Funny story: I was showing my mom one of your reselling videos to answer some of her questions about what I do. She said “oh! He’s got a great voice!”

[@morongene]

Depends on how desperate your situation is. Selling on the low end isn't sustainable in the long run.

[@ResaleKingz]

This is an important topic. I'm glad you're getting into this. I'm giving deals, taking offers, and getting my traffic up. I personally think that's important!!

[@MaggieLoveMTC]

As someone you interviewed once said, "Don't be a greedy bitch!' holding out for the highest price ...Lol. I always remember that and try to get that ISH sold!

[@therealjenniferrr]

Lol that's Monica @theposhhanger

[@TexasTreasures]

Professor Chris at the whiteboard. Nice.

[@edgecitytraders5498]

Great, no-nonsense pricing video’

[@stanlee5520]

Chris you been going Hard lately! .... and I love it

[@dtruetheeness]

This is great info, thanks Chris and Happy 2023!

[@daniellee9763]

I legit let go a Vintage RRL Wool Sweater Sample with tags today for THIRTY FUCKING DOLLARS. Had it for 10 months or so and it was time to take that offer.

[@ilind2021]

Thank you so much Chris for your expertise. 😊

[@trissie55]

This guy is brilliant!

[@uncommonthrifts]

Thx much Chris as always I learn from you!

[@vibewell]

Thank You Chris!!

[@williambreeze2659]

Thanks for the breakdown!

[@onlyluvisreal6691]

I don't know why but I am so proud of you 💓

[@chrishow22]

Just subbed. I live up in the North Bay. Would love to learn more. Cheers!

[@lunazamoraart]

I’ll have to watch this again. I was hoping to get pallet buys but maybe not?

[@cathyholoway722]

Hello Chris.

[@MIND9988T]

Thanks you

[@KnowWhat]

Great video & explanation! I’ve struggled to price my items, but NOT anymore! 💪🏽

[@shoppingislifeuk]

thank you

[@goleniowstarybasen7857]

dziekuje zas dobra rade

[@ENERGYKIDZ86]

So how do u get an authorized dealer to approve you selling then? Oh and also I don’t think u ever got into explaining the whole pallet thing being different

[@ModelSeries]

With all of the math and eBay making things even more difficult a lot of resellers don't even know they are not making diddly squat. It makes it literally impossible to run your business like a McDonald's franchise. Keeping your store "simple" just does not work well on Ebay. I'd like for Ebay to get rid of a lot of the so-called extra perks that bog down the site.

[@merribruce8963]

How do you prepare for the postal increases?

[@fflavius039]

So when I price an Average Condition item like in your example. Will shipping be included in the $25 or can I charge the shipping cost?

[@godislove5124]

Does not offering lower prices than the lower end causes race to the bottom?

[@robinwatson5970]

👍

[@tatlantis894]

Anytime i list a new item I start high and then start lowering it every 12 hours to 24 hrs depending on supply within that item. I always check sold/completed listings to justify that price. Is that ok or not? Should I just price the item in between the high and low? To sell it faster?

[@brush412]

I'm not sure what you sell. I've been selling for a year now and niched down to clothing within in a month or two of selling. I have a 30% sell through rate and I price at or just below market value. Every item that I sell yields me a minimum of $8 profit to as high as $70 and $80. You can do it the way that you are, but imo I think its a lot of work what you are doing. Instead of just setting it at market value and asking best offer as well.

[@certifiedrhodess356]

What about getting 10 dollar profit on average??

[@daurgo2001]

8:49 unfortunately this is a common misconception of the definition of “profit”. It’s not $20-$50 profit if it takes you 4-8 hours to fix, list, and sell/ship. =\

[@TheRitzy786]

What about Excellent like new condition and New with tags!?. Half of my items are NWT and the other half are Excellent condition, almost no visible wear.

[@KpopGuardian]

Hi everyone. I am new to selling on ebay and so i was wondering why i shouldn't post holiday themed stuff outside of it holiday season? IE. I have halloween mask etc, and alot of people are telling me not to put it up until next halloween. Is it because i will end up paying more in fees because it sat around, maybe it will get slowly hidden because it sat to long. I think it would be fine to post them up now and when next year comes around they can move then, or sooner.

[@sidehustlevikki1066]

Don’t listen to them! List your items when you get them. I only shop at the outlets so I can’t shop seasonally. I have to buy it when it’s available. I have no problem selling Halloween and Christmas items that were listed 11 months ago because I found it the month after that holiday. Just post it and let it be. I don’t even renew or relist those items and they seem to show up in searches.

[@boogdoc8909]

Chris with the common sense stuff again.

[@adammac3649]

I have a question for any reseller. How would you price a item with shipping? For example you have a item worth ten dollars do you price it at ten plus shipping or do you price it lower to make the price closer to the ten with shipping?

[@dudethrift528]

Depends what you are selling

[@adammac3649]

@@dudethrift528 ok let's say pokemon cards you have one value at ten how do you list it with shipping?

[@tatlantis894]

@@adammac3649 with eBay standard envelope I recommend pricing it lower plus shipping. Maximum costs are .57 cents. I usually charge .75. So for $10 I would do 8.99 plus .75.

[@vanczech731]

What happened to your eBay account? 😢

[@blackswanmedia712]

Been selling a fair few BNWT Levi's and Wranglers on eBay recently, am I gonna get myself into trouble? I have receipts and can prove where I got them, but they didn't come from an authorised wholesaler or anything...

[@lintonero9018]

I bought a pallet of brand new with Defects Levi's and Calvin Klein from a wholesaler... I didn't know we get in trouble..

[@blackswanmedia712]

@@lintonero9018 I think that stuff usually has to be sold as debranded, right? Here in the UK at least. They cut the tags or put a mark through to avoid returns.

[@lintonero9018]

@@blackswanmedia712 No I sell as New with Defects. With tags...

[@Scout8148]

common sense bro

[@jchhem32]

I just need to find a sexy host for my whatnot shows to make sales 🤣🤷🏽‍♀️ I love the start to finish explanation short and sweet 🤌👍👌

[@ericwazner6521]

👍