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Question to any sellers

GreenLanternGreenLantern Member Posts: 1,647 ✭✭✭
edited January 2002 in General Discussion
Work was slow yesterday so I spent more time than I should have browsing auctions and postings and have decided to ask a question that's been perplexing me for some time:Do you (sellers) ever check other auctions to see what the going price is of the item you're going to sell?Take for example the Romanain SAR's that are relatively common . If there's one for auction starting at say, $319, and you post yours starting at $399 for the very same type of rifle, what makes you think I'm going to bid on the $399 one? This puzzles me to no end. And I've seen the same pattern on other sites too.
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Comments

  • Evil ATFEvil ATF Member Posts: 1,195 ✭✭✭✭✭
    edited November -1
    I've noticed the same thing. It IS pretty amusing. I always make a habit of checking to see what the other stuff is going for before I place my listing.
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  • 7mm_ultra_mag_is_king7mm_ultra_mag_is_king Member Posts: 676 ✭✭✭✭
    edited November -1
    There is one fella on here that sells and his starting prices are excellent. I wont say his name but you all know him. I wanted an item he had on but I got caught sleeping and missed it when it closed. I thought it was a good deal and it started way low as do all of his auctions I'v noticed.
    when all else fails........................
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  • pops401pops401 Member Posts: 616 ✭✭✭✭
    edited November -1
    Notice that sometimes something will be say $300 with reserve not met, and it'll have 10 bids. Then you see the same thing at$295 with no reserve and no bids?
    I'll buy just one more gun and I'll quit.....HONEST....History is a vast early warning system
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  • luger01luger01 Member Posts: 230 ✭✭✭
    edited November -1
    Greenlantern-I always check the other auction, and on several sites, before listing an item. What I look at are similar items that have bids, so I know what the market is for that item. Then, if that item is selling, I'll list it below what the others are asking (or the bids are). Pricing a few dollars lower usually results in selling, even if I don't get a much as someone else.Oh, and by the way, I recently listed three identical items, all at the same price. What happened? One item got 6 bids and the other two got none. Why would anyone bid up one item when you could get another - exactly the same, from the same seller, too! - for less???? Go figure. I sold the one for twice the listing amount.So, maybe the real question is, "Why don't bidders look before bidding?"[This message has been edited by luger01 (edited 01-02-2002).]
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  • timberbeasttimberbeast Member Posts: 1,738 ✭✭
    edited November -1
    I've only sold a few, but I don't care what others are going for. I price what I sell at what I want for it. If I don't get that price, I don't. No big deal.
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  • pops401pops401 Member Posts: 616 ✭✭✭✭
    edited November -1
    luger01exactly my point.How hard is it to shop? If I see something I'm interested in,I go right to search to see what else is out there.
    I'll buy just one more gun and I'll quit.....HONEST....History is a vast early warning system
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  • IconoclastIconoclast Member Posts: 10,515 ✭✭✭
    edited November -1
    As a seller, I try to keep close track of the pricing of comparable items. Usually I price things according to my cost & their expected value. Sometimes I discover that the market is at variance to my expectations and alter the opening accordingly - usually, I admit, raising the price.
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