Ok….if you are catching up, we have had three posts regarding how I price my items on CL.
Consensus was, that I was pricing myself too low.
So, I gave you a challenge on two benches I posted.
I asked you to guess what you think I sold one for and tried to sell the other for.
I am not picking on anyone.
Everyone had fair prices…..great insight….but when asking why I price my items the way I do…..this comment gives us a couple of things to look at:
So when I started selling tole painted items years ago when tole painting was cool I was told the best way to price something like that is what you pay for all the items it takes to make including an estimate on the paintÂ X 2 and that would be a good sellable price.Â I believe it could work for this type of thing to.Â I don’t think in any way that the 2 benches you have on here should have been listed at the same price.Â There is so much difference in the 2 benches.Â I’m no expert but that is my opinion.
I am LOving your blog and appreciate all that you share!Â Good luck with all your projects and getting them sold.Â
I LOVE YOU BRITNEY!!! AND IT’S A GREAT IDEA.
Brittney’s method would work….I am not doubting that…..BUT…..
The reason I don’t feel it works for me….
Let’s use the same two benches. Her method is: what you pay for all the items it takes to make including an estimate on the paintÂ X 2 and that would be a good sellable price.Â
Guess what? I paid the same for both benches.
She follows up that comment with what everyone else is thinking…. I don’t think in any way that the 2 benches you have on here should have been listed at the same price.Â There is so much difference in the 2 benches.Â I’m no expert but that is my opinion.Â Â
So….Using the “fixed” method, that she describes…doesn’t work…as both benches would have been priced the same. Her opinion is not wrong either….because I priced them the same….and just like she stated……”They should not have been listed at the same price”.
GREAT JOB BRITTNEY!!!Â
Her idea is NOT wrong…..it just doesn’t work in this circumstance.
Want more mud in the water?
I think the max offers yesterday were $100.00 but the majority were way lower……..
I do not think that is wrong either….remember, I bought this on CL for cheap…….so I AGREE with cheap ; )
Guess what I listed them both for?
The one with storage, IT sold the minute I listed it. I had other people asking for more……asking if I could make anymore…..it was crazy. Storage was not even the appealing factor…..
AND NO ONE….NOT ONE SINGLE PERSON…. ASKED FOR A LOWER PRICE!
I really priced this one too low!
Ready for all cheapwads, like me, to be shocked????.
I believe…….a bench like this, could have sold for $275. At least.
I TOLD YOU CL IS AN EVER EVOLVING PLACE.
My opinion on why this bench is so desirable and people would pay more.
I’m sharing my secret thoughts……don’t tell anyone……
It’s really rather simple.
It looks like “A PEW“!!!
Gazunti. (get it??…”ah- pew”…like “ah- choo”?)
That is really what I think gives it a higher dollar value.
After this happened….I did more research……
Pews are going for $300 to $400 on CL and sometimes more.
The white “bench”….it cannot even be classified a “pew” (bless you)….that bench look….is not as desirable.
That would have sold for $95.00.
I just learned that myself.
Thank ya’ very much.
I took another one for the team!
I’m boring myself to death.
Quick ad secrets:
Here was the ad.
I will put in bold….”key words” and in (parenthesis…my thought beside that phrase)
If you are here from a great linky party…check out the newer post and follow ups to this post. Follow me on Facebook and stick around! I can’t wait to meet you! Love, Me