eBay Success - Pricing Your Items. eBay is a popular marketplace that allows people to buy and sell new or used items. It's a great place to sell your unwanted items, and it's also the perfect source for bargain hunters. How to sell on eBay for beginners, if you know how to price items, then you can get the most for your time and effort. While it can be tricky to get started, there are a few tips you can follow to make sure you get the price you want and so that you will learn How to make money on eBay.
If you are an eBay seller, eBay's pricing guide can help you predict what your items are going to be worth. Another option for deciding how to price your item is to look at what similar items are selling for on eBay. By looking at your sold listings results, you will have a good idea of exactly how much similar products are sold for, and in what quantities, so that you can be pricing your products for eBay with more precision. To see what eBay buyers have paid for items like yours before, view completed listings, which display historic sales data (not asking prices).
How to Price Your Items on eBay
How to find out how much items sell for on eBay
To see why certain items are selling for the prices that they are, it is useful to review a lot of similar sales on eBay. While seeing what items sell for is important for items that you might be looking to sell on eBay, it is also always important to look out for ones with free shipping. Before you place items for sale on eBay, and in order to make as much as possible for an item that you are selling, it is good practice to do your research into completed listings and to price them appropriately.
While eBay does provide an average listing price based on past sales, you can also search completed listings manually on eBay. You can easily view sold listings on eBay simply by searching, and then adjusting the filter settings for completed or sold. You can choose "Sold listings," but then you will only see items that sold to a buyer on eBay, while "Completed listings" will show you all past listings, regardless of whether or not they sold.
From here, you can adjust or narrow down the search, or you can click through an eBay listing to view more details. Searching is the same information source as before, but you can browse a particular listing, and, if you are planning on selling an item, you will have a better idea of what is selling, and can narrow down your search based on location. Search is based on what you would like to see on the Price Checker, so you can type the name and the serial number.
Search for a particular product, as well as current prices on both new and used items currently listed on the site. You can even drill down to specific listings, and Price Geek will let you know whether an item is below or above the listed price, plus you can also go through to their eBay page to see exactly how an item is listed.
If you are going the auction route, with selling listings, you should also take a look at the starting priceand the amount of bidding, to get an idea of how competitive the bidding may be for your item. Look for a sold price printed in green, and a green word SOLD under a green-framed box below the bids, to indicate items that have indeed sold. Click on the blue search button, and it opens up a list of items matching your description that were recently sold.
You can also sort sold items by date, price, or distance from you by tapping Sort, so you can see how prices changed. Plus, Seeing sold items means that you can see what similar items are sold in that price range. Redditor outfoxes the fox notes that you can actually search through eBay's full listings so that you will find out what similar items are sold for.
In this post, I am going to walk through how you can view sold listings both on the eBay site and the app, so you can learn about the market value of items you are planning on selling. Searching sold listings is a good way to see what someone is selling something for, but it is not going to provide you with the full picture. The primary reason why eBay sellers want to view sold listings is that they can view sales history for a particular item, so that they can get a sense of average sale prices, and can price items competitively, but there are some other reasons I outline below too.
One of the fastest and easiest ways to obtain comparable prices (comps) for particular items is by using eBay's sold listings. Fair prices are important for eBay, and you may get a lot more traffic that way over time, as eBay typically lists items within a similar price range near the top of the search results. It is also important to know that most items generally will not sell for eBay-level prices offline, as the potential buyer pool is far smaller, and it is unlikely the seller will find anyone looking for this specific item in this specific condition, with the convenience of instant purchase and delivery at home.
Make sure that the condition of the item is in line with the one for which you are pricing it, before expecting to get the highest price possible on eBay-level pricing. If there are many items listed similar to your item, you might be willing to price it a couple dollars lower than the one that is lowest priced.
eBay price recommendations
While eBay does provide an average listing price based on past sales, you can also search completed listings on eBay manually. You can even drill down to specific listings, and Price Geek will let you know whether an item is below or above the listing price, plus you can also go through their eBay pages to see exactly how an item was listed. You can get an idea by searching the eBay Marketplace, where you will see similar listings, as well as the selling prices of the items eBay has listed similar to yours. In his eBay Pricing post, Sellbrite Co-Founder Michael Ugino suggests sellers use their own listings recommendations tool as a starting point since this helps to discover the average prices sold for items like yours.
A more advanced pricing tool uses the latest pricing data from eBay's Marketplace to help you determine your item's pricing, and you can analyze price trends and study best-performing listings by looking at details such as prices, photos, and item-specific information. To use these pricing tools, you will need to go through the creation of a new listing, and before publishing, eBay gives you a range of estimated prices to consider. When you post your new item, eBay shows you the price range, as well as a handy chart that shows how likely it is that your item will sell for any one of the specific suggested prices.
Fair prices are important for eBay, and you may earn a lot of traffic over time because eBay typically lists products within a similar price range near the top of the search results. When you are looking to sell items at a steady volume every time, fixed-price listings are certainly a better option. Fixed-price listings can take more time to sell, but oftentimes, you will be able to achieve higher prices when you are waiting for the right buyer.
Once you decide you want to go the selling route, your next choices are whether you want to sell through an auction or fixed price. The other kind of selling option available on eBay is listing items for fixed prices, which can be used alongside auctions. Auctions are the most popular selling method, and you can set up a reserve price too, so that if no bidding meets this, then the item does not sell -- though you still have to pay 4% of the reserve price as extra list fees to do this.
It is also worth mentioning if you actually do manage to sell an item, eBay takes 10% of the final sale price for that item (including any postage fees that you charged to the buyer). The sellers' margins (and profits) are not a high priority, and so, as a result, eBay often will suggest selling for less in order to ensure sales. Some eBay sellers prefer to incorporate the accidental damages to an item in their pricing strategy in order to maintain better overall margins.
If you are also selling on Amazon, and you are charging less on eBay, you run the risk of having your Amazon listing suspended. Since eBay is the universe of eBay, you are going to get a lot of frustration if you are going to be selling items for the list price. Be warned, however, that how much you are paid by eBay depends on what category the items are sold in.
Best things to sell on eBay for profit 2021
Remember, the key to finding the best things to sell on eBay is doing a proper search before planning to purchase something. Before you begin to list, it is vital that you study the competition's product trends so that you can get a feel for what items are selling best on eBay. Price Your Items Best When you decide on the items to sell, use eBay's Advanced Search Tool to find out what similar items recently sold for. Once you have refined your search, you will have a list of items that are selling for the most, which you can then sort by price (many people suggest leaving out anything selling for less than $20 in order to make sure that you are making money).
Buy Cheap Things To Sell For A Higher Price As well as selling items that you are not using anymore to eBay, it is also worthwhile looking for things with low prices to sell for a higher price. These items are all expensive to purchase new, so if you can find them for less at yard sales or thrift stores, you could turn a nice profit on them on eBay. Some of these items you could find for free and sell for pure profit; others are worth hundreds, if not thousands, of dollars on eBay. Because there are a ton of people who are ready to game anytime, anywhere -- if you have the space for it, that is -- you will find plenty of good items for selling for a profit on eBay from garage sales.
While you do not need much to get started selling stuff on eBay, having those items on hand can help you keep the profits up, as well as save time. If you are starting out with eBay, I strongly suggest selling items that you already have but do not need anymore. While the business of selling items for cash on eBay is similar to other ways to flip items, there is a lot more you have to think about with eBay than simply buying lower and selling higher. Do not attempt to sell anything without checking first the value of the item on eBay (especially if you are a used-goods flipper looking for profit).
Consider finding your niche, having a little bit of parts knowledge and an idea of what the real item looks like, and making sure that whatever you are selling is not banned. If you are thinking about selling products that are restricted, be sure you have gathered as much information ahead of time to avoid any eBay discipline. With Zik, you can search through every eBay item, niche, and category, and find items that will best suit your needs.
Do not expect to make money quickly, but with the right niche and right price, you can make a good margin on selling items on eBay with ease. The unique feature of eBay is the ability to auction items, which can make you some big profits, especially when it comes to rare and collectible items. If you are able to barcode scan your items, you should be able to get a fairly accurate estimate -- you can then put some value onto this as the price to sell on eBay (unless you are offering a pair of sunglasses that is actually worth a lot, in which case you might want to sell it right there on that site instead).
