Pricing Mistakes Beginner Resellers Make + Tips To Price Correctly
Рет қаралды 7,823
Күн бұрынThis video is for beginner resellers who want to learn how to price items correctly on Poshmark, eBay, Mercari, Depop, or any other reselling platform. You’ll learn how to do market research to determine appropriate pricing based on comparable sales (comps) and sell-through rates and the most common pricing mistakes to avoid.
A Reseller’s Guide To Keywords (Ebook): bit.ly/fashionkeywords
Measurement Size Charts (Templates): bit.ly/measurementcharts
🔗LINKS & RESOURCES MENTIONED
eBay Product Research App: • Find Profitable Items ...
Flyp Poshmark Automation Tool: • How To Use Flyp To Sha...
How To Send Offers & Create Coupons On eBay: • Do These 8 Things To M...
Poshmark Closet Clearout: • You’re Missing Out On ...
🛠️ RESELLER TOOLS & DISCOUNTS
List Your Items Everywhere With List Perfectly (Use Code THEMOMBOSS For 30% Off First Month ): bit.ly/lstperfectlyfreetrial
Flyp (Poshmark Closet Sharing Tool): www.joinflyp.com/tools?code=3762
Get $10 Off your first Poshmark purchase using my invite code: SANDRAS5THAV
Sign up for Mercari with this link and get up to $30: merc.li/tUUtHShsb
📦 ALL THE SUPPLIES I USE TO RESELL: bit.ly/resellsupply
🛍️ MY SHOPS
Sourcing Checklist (free download): stmb.ck.page/checklist
Shopify: stmbshop-2.myshopify.com/
Amazon: www.amazon.com/shop/sandrathe...
Poshmark: (Use Code SANDRAS5THAV for $10 Credit): poshmark.com/closet/sandras5thav
eBay: www.ebay.com/str/sandras5thav
🤝LET'S CONNECT
Email: hey@sandrathemomboss.com
PO Box: 3330 N Galloway Ave Ste 304-121 STE 304-121 Mesquite, TX 75150-4728
Coaching: Shoot me an email. I’ll send you an availability schedule hey@sandrathemomboss.com
🎬Video Time Stamps
00:34 Use Retail Prices
02:24 Skip Doing Comps
04:23 Don't Check Sell Through Rate
14:42 Don't Consider Condition
16:25 Forget To Price Up For Rare Qualities
17:25 Price The Same Year Round
19:21 No Room For Offers
22:52 Never Reduce The Price
📢 Disclaimer: I am a proud affiliate/sponsor of the products/services mentioned above. I will receive a commission when you purchase via my links. Purchasing through these links will not affect your checkout process in any way, but it will support this channel and allow me to keep making valuable videos for you. Thank you for your trust and support!
@miryamhiatt3528 Ай бұрын
I follow your instructions yesterday and got two old ones sold. Thank you 😊
@user-wu1xs2fi8j Ай бұрын
When lower priced items haven't sold, I will sometimes RAISE the price and BINGO - sold!
@SandraTheMomBoss Ай бұрын
Interesting. I think sometimes going too low can reduce the perceived value of an item.
@JDfan3340too Ай бұрын
I've done the same!
@suemckamely1596 Ай бұрын
Sometimes when I am deciding on what price to list an item, I look at current listings and of course sold listings, and choose a seller that has a lot of feedback and tweak their price according to my liking. My thinking is that this person has been selling for quite a while and has a good handle on the pricing strategy.
@SandraTheMomBoss Ай бұрын
@@suemckamely1596 That's an excellent tip!
@Everbrightsocialmedia Ай бұрын
@@SandraTheMomBossyes!
@anardosmambetova329 Ай бұрын
That is one of the best channels for resellers, super helpful, very detailed and focused. I appreciate you Sandra!
@barbaracoleman9249 29 күн бұрын
Great information. New subscriber
@paulag275 29 күн бұрын
Always great advice. Thank you
@SandraTheMomBoss 25 күн бұрын
Thanks for watching!
@jrclark2479 Ай бұрын
Hi Sandra! Best reseller channel and content on YT! Thanks for your time and talent! Your short cuts to determine comps and sell thru rates are fantastic. Super helpful!!
@SandraTheMomBoss Ай бұрын
Thank you so much! Happy to hear the content is helpful!
@liciaroutson8416 28 күн бұрын
Very helpful. Thank you!
@SandraTheMomBoss 25 күн бұрын
You're welcome!
@sdvlt Ай бұрын
Excellent tutorial,,very clear & helpful.Thank you
@SandraTheMomBoss Ай бұрын
You are welcome!
@user-wu1xs2fi8j Ай бұрын
After checking other sellers' prices, if I find the identical item I price mine a dollar less. If it's a bit different I stay within a range, not making it too low or too high. If it's vintage I will sell higher than you might think since vintage buyers are looking for uniqueness.
@SandraTheMomBoss Ай бұрын
Great points!
@terribullock8857 Ай бұрын
Such great tips - I didn’t know how to do bulk price adjustments on either platform. This really helps. Thank you!
@SandraTheMomBoss Ай бұрын
You're welcome!
@user-ob4cu5by4k Ай бұрын
Sandra, I want to thank you for making these videos. I am new to some of the platforms and I am definitely making some of the mistakes you are mentioning. I will be updating my listings following your advice. Many blessings ❤ to you. Again, thank you!
@SandraTheMomBoss Ай бұрын
No problem. Thanks for wathching!
@AzriRich88 Ай бұрын
Great content
@SandraTheMomBoss Ай бұрын
Thanks!
@deborahveryking6441 Ай бұрын
Very informational
@SandraTheMomBoss Ай бұрын
Glad it was helpful!
@80sbreaker Ай бұрын
I came here Looking for some peanut butter and jelly
@SandraTheMomBoss Ай бұрын
😂😂
@semperfi-1918 Ай бұрын
100%. Each platform and place has its own comps. One platform may sell same one for higher price than others.
@SandraTheMomBoss Ай бұрын
That makes things even more confusing sometimes.
@JDfan3340too Ай бұрын
What is your opinion on the suggested price on both eBay and Poshmark? I usually check comps, and then check the suggested average price, and decide from both sources what to price at.
@SandraTheMomBoss Ай бұрын
I never actually pay attention to suggested prices. I think they are a good resource to go by as a beginner, but ultimately their are too many factors to consider with pricing.
@amej1942 Ай бұрын
Do you have a video on how to create a coupon on eBay?
@SandraTheMomBoss Ай бұрын
Yes, this link should take you straight to that topic: kzfaq.info/get/bejne/h7B7n8yl0LjNfYk.htmlsi=xtJe7bjW0h3StbW1&t=1453
@amej1942 Ай бұрын
@@SandraTheMomBoss Thank you! I’m going to watch it.
@MrAVOsensei 26 күн бұрын
How many items would you say is in your store?
@SandraTheMomBoss 25 күн бұрын
Currently 800-830
@mercedesbee6582 Ай бұрын
Do you have a store on ebay? Or just the free 250 items without insertion fee? Thanks.
@SandraTheMomBoss Ай бұрын
I have a basic store.
@Oldsoles2 Ай бұрын
You made reference to a discount cheat sheet can you make that downloadable
@SandraTheMomBoss Ай бұрын
I'd need to create my own to make it downloadable. I got the one I use from this Poshmark listing: poshmark.com/listing/Offer-Cheat-Sheet-5c095cca4ab6331d3e129451
@extraHERO Ай бұрын
8:00 what percentage is considered low, medium, high?
@SandraTheMomBoss Ай бұрын
That depends on a lot of factors- your business model, what type of items you're selling, how long you're willing to wait on a sale, will it be a high or low profit, do you sell on other platforms. For me the closer str is to 50% the better and if it's above that even better.
@extraHERO Ай бұрын
@@SandraTheMomBoss Thanks! (btw Used shoes I get for around 5 bucks each except for rare special cases, only ebay and Mercari)
@extraHERO Ай бұрын
@@SandraTheMomBoss I do comps but not in depth comps because I don't like being in stores too long. I use lens and if the shoe is selling for 25 or above and is in good condition or just is a pair of tennis shoes that aren't terrible my weakness) I pick it up.
@SandraTheMomBoss Ай бұрын
@@extraHERO Same... try not to spend too much time doing comps. It's my least favorite thing to do in reselling.
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