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Quick note to e-bay sellers

Discussion in 'Classic Menswear' started by cptjeff, Apr 16, 2011.

  1. Stylego

    Stylego Senior member

    Messages:
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    Jan 1, 2011
    Location:
    Kansas City, MO
    Until recently, I used BO on nearly all my listings, but I've found that it did not help my eBay sales much. I've taken the option off most of my listings. On some items I lowered the price some (5 to 10%), but on many of my lower priced items I increased the price (10 to 20%). Surprisingly, I've had a notable uptick in sales. It appears that my mean time between sales has improved to what it was before I implemented BO on most of my auctions.

    Who knows, maybe it has more to do with people getting refund checks than the BO. I've wondered if the OPTION to offer less just leads people to spend more time "thinking" and "researching" what the best price would be...

    As some others have noted, I was getting a lot of lowballs, folks offering 30 to 50% of my asking. I was also getting a lot of buyers emailing me to negotiate a price. I directed them to do so via a formal bid, however, more often than not, they never followed through.

    So, for now, I'm done with it.
     
  2. apropos

    apropos Senior member

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    Really don't see the point of BO in conjunction with BIN - really, except for the rare case where your item is exceptionally rare/desireable, do you think anyone will activate the BIN? And if it is exceptionally rare/desireable, what is the point of putting a BO?
     
  3. CunningSmeagol

    CunningSmeagol Senior member

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    New York
    BIN lets you lock it up immediately, which is nice for some people who are buying gifts and those who otherwise need to make an immediate decision.
     
  4. ArthurVandalay

    ArthurVandalay Well-Known Member

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    Jun 14, 2010
    I often get the same thing on the SF Sales Forum - a $12 tie and someone will ask if I will accept $10.

    Oh, the horror.
     
  5. veneto

    veneto Senior member

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    May 19, 2009
    Also, if you're going to sell something on Craigslist, don't say that your asking price is "firm." That's not how it works. You're an idiot if you do this.

    No.
     
  6. thejohngalt100

    thejohngalt100 Active Member

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    Oct 22, 2010
    Location:
    South Carolina
    Yeah, but just as annoying are those who offer $50 on something listed at $250. Or, those who want free shipping on a $12 item with $3 shipping.

    This.
     
  7. HarleyBob

    HarleyBob Senior member

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    Jun 12, 2010
    I love "best offer" as a buyer. Anytime I find someone that is selling something for $1 yet has shipping at $200 or so, I always make an offer. I offer 90 cents and "free shipping." I do it just to piss them off. I also use it when someone is selling an item for much more than it is worth. It's amazing how often you find an article that the seller has an over inflated opinion of it's value.

    I do it mostly for entertainment purposes. I smile every time I push the button after bidding a $1. Yes, I am just wasting the seller's time, I know that, but I am also trying to make a point.

    If there is something I really want, I understand the game, and I never go below 15% on an offer. Mostly I stay around 10% or less.
     
  8. ArthurVandalay

    ArthurVandalay Well-Known Member

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    No.

    Yes. Anyone who asks for the lowest price they'll accept is a doofus. Does this really have to be explained further?
     
  9. pebblegrain

    pebblegrain Senior member

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    Jan 24, 2010
    Location:
    USA
    Im with Jeff on this one. I think it is ridiculous to have a BIN of $300, and a seller whom rejected my $240 offer but said he would consider $290. I sent seller back an email telling him in a courteous way he could stick that shirt up where the sun dont shine.

    With BNWT stuff, a seller that sells by BIN with an offer possibility should at least entertain a 20% below BIN price.

    With second hand stuff, you see a lot of sellers take offers half of BIN - where usually the BIN was grossly inflated.


    There are at least 3 rounds of back and forth with the best offer bullshit. The seller is just hedging against a death spiral down to $240. Save the unwarranted commentary and hurt feelings after one counteroffer, just re-offer a lower price. It's not that hard


    Also, if you're going to sell something on Craigslist, don't say that your asking price is "firm." That's not how it works. You're an idiot if you do this.

    Huh? There is no problem whatsoever with saying a price is firm on craigslist. I've done it as often as I've said "negotiable", both work fine. When do I use "firm? ummm, when I would rather keep something than go below a certain price.

    Really don't see the point of BO in conjunction with BIN - really, except for the rare case where your item is exceptionally rare/desireable, do you think anyone will activate the BIN? And if it is exceptionally rare/desireable, what is the point of putting a BO?

    Sometimes BINs are just set wrong due to ignorance, and its better than buy than wait for someone else to scoop. For example, there was a pair of RL shell boots a while back for $175 or BO. Are you going to wait around 12 hours negotiating to save $30, while others can view the listing, or just buy it immediately? It works...
     
  10. ArthurVandalay

    ArthurVandalay Well-Known Member

    Messages:
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    Huh? There is no problem whatsoever with saying a price is firm on craigslist. I've done it as often as I've said "negotiable", both work fine. When do I use "firm? ummm, when I would rather keep something than go below a certain price.

    It's not too bright, because don't you just think maybe someone might be willing to pay you MORE than the absolute minimum you'll accept?
    If you don't want to go any lower than $100, list it for $130. Then if someone offers you $110, you've made more than you would have had you initially asked your floor, and the other person feels like they're getting bargain. I don't even bother with the clowns that put "Price firm" in their listings. I'd rather pay the same price to someone else who understands how the system works.

    Is it really that difficult to understand? It's not a retail store, it's frigging Craigslist.
     
  11. Master Squirrel

    Master Squirrel Senior member

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    I have no problem putting in a low ball offer. Most sellers I buy from will auto reject my first offer. Then I begin to up my offer until it either passes the auto-reject or I reach the top of what I am willing to pay. As for the $240-290 example. The seller was beginning to bargain with the buyer. No need to get upset, business is business.
     
  12. pebblegrain

    pebblegrain Senior member

    Messages:
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    Jan 24, 2010
    Location:
    USA
    It's not too bright, because don't you just think maybe someone might be willing to pay you MORE than the absolute minimum you'll accept?
    If you don't want to go any lower than $100, list it for $130. Then if someone offers you $110, you've made more than you would have had you initially asked your floor, and the other person feels like they're getting bargain. I don't even bother with the clowns that put "Price firm" in their listings. I'd rather pay the same price to someone else who understands how the system works.

    Is it really that difficult to understand? It's not a retail store, it's frigging Craigslist.


    What? You'd rather spend 20 minutes negotiating something down from $50 to $40, rather than buy it for $40 outright? Congratulations.
     
  13. veneto

    veneto Senior member

    Messages:
    136
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    May 19, 2009
    Yes. Anyone who asks for the lowest price they'll accept is a doofus. Does this really have to be explained further?

    You keep assuming that that all Craigslist advertisements are necessarily offers open to price negotiation.
     
  14. ArthurVandalay

    ArthurVandalay Well-Known Member

    Messages:
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    What? You'd rather spend 20 minutes negotiating something down from $50 to $40, rather than buy it for $40 outright? Congratulations.

    Yea, it takes me twenty minutes to fire off a two-sentence email to someone with a lower offer, you're correct.
    And yes, I'd rather deal with someone who doesn't get his panties in a bunch when you offer 15-20% less than the asking price, than some clown who thinks he's running a retail store.

    You'd rather sell something for the absolute lowest price you'll accept than try to get more value out of it? Congratulations.
     
  15. veneto

    veneto Senior member

    Messages:
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    May 19, 2009
    By your logic it seems a seller should not set a price at all.
     
  16. pebblegrain

    pebblegrain Senior member

    Messages:
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    Jan 24, 2010
    Location:
    USA
    Yea, it takes me twenty minutes to fire off a two-sentence email to someone with a lower offer, you're correct.
    And yes, I'd rather deal with someone who doesn't get his panties in a bunch when you offer 15-20% less than the asking price, than some clown who thinks he's running a retail store.

    You'd rather sell something for the absolute lowest price you'll accept than try to get more value out of it? Congratulations.


    yes, because sometimes I'd rather not deal with idiots negotiating for $2 off a $10 pair of rollerblades from 1997. When I say "firm" it's code for "hey idiots trying to negotiate for $2 off $10 pair of rollerblades from 1997, instead of wasting time on that, just make one decision: do you want these for $10 or not. No I do not wish to waste 20 minutes so you can save $2 and FEEL THE RUSH OF CRAIGSLIST"
     
  17. shademore

    shademore Senior member

    Messages:
    254
    Joined:
    May 2, 2010
    Yea, it takes me twenty minutes to fire off a two-sentence email to someone with a lower offer, you're correct. And yes, I'd rather deal with someone who doesn't get his panties in a bunch when you offer 15-20% less than the asking price, than some clown who thinks he's running a retail store.
    The reality is that many of us clowns on ebay are running retail shops, both electronic and B&M, and I can assure you the internet sales have been out preforming the walk-ins for quite some time. Its a mistake to think that it is all still about trying to pass off your used crap as "like new" on ebay anymore. Not many folks have the balls to walk in to their local retailer and ask for a 20% price break on that new pair of sneakers they've been eyeballing. Try it out. I do it all the time and if you think internet sellers get pissy...
     
  18. ruben

    ruben Senior member

    Messages:
    1,646
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    Nov 12, 2006
    Sometimes I'l see someone with a BIN like 5 times what they should be asking (the type of person who lists a 25 year old BB suit for $600) I'd be tempted to make a offer of like 10% of what they're asking, but never have.
     
  19. Master Squirrel

    Master Squirrel Senior member

    Messages:
    1,278
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    Dec 4, 2009
    There is nothing wrong with sticking to your guns when the price is "firm". Just remember that to some people all thingas are negotiable, just reply that the price is firm, take it or leave it.
     
  20. ArthurVandalay

    ArthurVandalay Well-Known Member

    Messages:
    87
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    Jun 14, 2010
    The point is that anyone who is selling something of value on Craigslist (I'm not talking about a $10 pair of used rollerblades) and says "Hmmm, $200 is the absolute lowest I will accept for this item, so I'm going to ask for that" isn't thinking things through and is leaving potential money on the table.
     

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