mmissinglink said:
I've been accused of having my selling prices too low on eBay.
.
Me too, but only by my wife.
In those days selling fees were based, in part, on starting price, may have changed.
She would see me listing all this stuff at $9.99 first bid, no reserve, and about had a stroke.
First bid of $400 would have been a few dollars more, every dollar counts.
We were well into selling by then, knew our stuff, I knew there was no chance I'd get burned, and I was right.
I got the most flack from selling $15 worth of strike-anywhere matches.
"Barn burners" we used to call them. They had become hard to find nationally, but the Amish store up the road always had them in stock.
I had opening bid of $3, my cost, always sold them for $12 or more.
I got hateful emails telling me I shouldn't be able sleep at night, cheating people like that. I tried to explain this was an open auction, no guns to the head, didn't work. I was a cheat, and that was all there was to it.
I got wonderful feedback, for a great product at a great price. I pointed that out, did not matter.
Soon three or four others picked up and were probably buying wholesale. Not enough money to make it worth while.
Lots of great stories from eBay.
The most fun was the crazy stuff I'd buy at live auctions, and get the looks from my wife. "What the H are you going to do with that crap?"
When my $1 office machine sold for $180 she thought it was a fluke. I knew what I bought.
My $5 deck of cards that sold for $130 was a shocker too, to her, not me.
The $2 peanut butter jar that sold for $75 was a surprise for both of us.
When my $30 candy scale sold for $375 we split the money since she did the listing.
Some of them even surprised me. My $40 goatskin shadow puppets sold for $300. I had no idea on that one.
She did good too. She sold some $10 jadeite restaurant plates (with the $1 price tag still on them) for $80 to $150 each.
Even with auction fees, gas money, eBay fees, we still doubled our money. We didn't get rich, but had great fun.
We're not listing now, but probably will by the end of the year. Retirement pastime.
I still buy off eBay occasionally. Once you learn the rules, as in techniques, the principles remain the same.