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Ebay sellers

post #1 of 12
Thread Starter 
I would like to solicit the advice of those of you sell on eBay. I have in my closet a NWT Armani Classico suit that retails for $2195. I have never sold any clothing on ebay before, and am only selling because I just don't like the fit on me. Aside from taking the best pictures possible, I am not sure what I should do in terms of asking price. I wouldn't even begin to know what to ask. Should I start it at $1 and see what happens? Any suggestions about reserves or buy it now prices? Any input would be greatly appreciated.
post #2 of 12
I would offer it at 800 with no reserve Take good pictures, and take measurements
post #3 of 12
It really depends on how much you want for it, and how long you're willing to wait. Starting bidding at $800 means that you will get at least that much, if and when it sells. However, if no one is looking for an Armani Classico suit this week - or is, but prefers other auctions - you may land up having to relist the item many, many times. In my view, an Armani Classico suit from an inexperienced eBay seller is not much of a bargain at $800.
post #4 of 12
Thread Starter 
Quote:
In my view, an Armani Classico suit from an inexperienced eBay seller is not much of a bargain at $800.
I should point out that I have a positive feedback of 430, but from selling baseball cards. But I think most people would see the 430 positives and not look much deeper to see what was sold, but that could be wishful thinking. Any other suggestions as to price or does everyone concur on the $800?
post #5 of 12
Personally, I have found it better to start WELL KNOWN BRANDED items off at $0.01 and let the market decide what it's worth. I would say that 9 times out of 10 I've sold similar items at higher prices this way than if I started with a high starting price. The high starting price would get no bids, but when I relisted at a $0.01, the bidding would go up way above the high starting price. You have to give the eBay buyers a feeling that they are on to a bargain. Then, they fight over it and their emotions get carried away in the bidding process to the point where they lose the sense of what the item is worth. They just want to WIN. But, in the end, the real winner is YOU, the seller.
post #6 of 12
I echo what vero_group said.
post #7 of 12
I would also suggest keeping track of similar auctions for a few weeks and see how much they go for. From a buyer's perspective I always look to see what other items a seller has sold before, regardless of positive feedback.
post #8 of 12
FWIW - I set a reasonable minimum bid - ie if it sells for that price I'm not shedding any tears. There is a danger with the .01 strategy - lets say that 48 hours from the close of bidding something huge happens in the news. 9/11, shuttle disaster, Kerry gets caught with monica smoking his cigar... ebay dies for 24-72 hours when everyone tunes into the news. I'd shoot it with LOTS of good clear pictures and maybe show it two ways. Spend time editing the pics and make sure the buyer can really see how nice the suit is. I probable spend 3 times as long on the photos as most but i think it is worthwhile. Here's an example of one I shot a while ago - it was sorta kinda unique - a pure cashmere Oxxford in a brown herringbone - people don't wake up saying "Hey, i want one of those" so I shot it a couple different ways and tried to show details that were 'interesting'.... The good news is that Armani fetches more than it really ought to on Ebay - not bashing Armani but objectively speaking a black Armani is going to fetch more than a black suit by Belvest or Corneliani who is not as well known but of equal or better quality. http://sartorialsolutions.com/0304/030409/mainpic.jpg May your bidders be plentiful and get caught up in the excitement :-)
post #9 of 12
Quote:
There is a danger with the .01 strategy - lets say that 48 hours from the close of bidding something huge happens in the news.  9/11, shuttle disaster, Kerry gets caught with monica smoking his cigar... ebay dies for 24-72 hours when everyone tunes into the news.
Why live one's life in fear of such bad things happening? Take a little risk, start it at $0.01 and see what happens. Adjust based on actual results.
post #10 of 12
Thread Starter 
Thanks for all the advice. I am wrapping up my monthly trip to England and heading back home tomorrow. I think I will start it out at a $.01 and see where it goes. I think the best part of the whole thing is that I have no idea how much I originally paid, but can console myself in the thought that if I am not too crazy about the fit now it must have been the price that made me make the jump. One last question, since I do not sell on ebay I do not have a torso mannequin. Any other tricks to get full cut pictures that may help the suit look its best?
post #11 of 12
Quote:
One last question, since I do not sell on ebay I do not have a torso mannequin.  Any other tricks to get full cut pictures that may help the suit look its best?
Maybe get a friend or co-worker to model it?
post #12 of 12
Put the jacket on a hanger up against a light background. Spread out the pants in such a way that the pleats if any are visible. Most important, I think, other than those two basic views are (i) a close up of the fabric, in order to see the actual texture and to get the best view of the color, and (ii) a closeup of the maker's label. Get a closeup of the size label too if there is one. Finally, make sure you spend the time to do the measurements of both the jacket and the pants. Assuming the suit hasn't been modified by a tailor yet, but is still brand new with unfinished pant bottoms, this should be pretty simple. The more pictures and information... the better (and the more and higher bids you'll receive).
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