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Buy it now prices on E-bay

plifterplifter Posts: 361
in Trading Cards & Memorabilia Forum
Has anyone else noticed the absurd prices some people are asking for their cards? What do these people think asking twice the SMR guide for their cards? Are they expecting to haggle or are they just looking for a sucker?

Comments

  • wolfbearwolfbear Posts: 2,759 ✭✭✭

    'Buy it now' is the same as 'eBay stores' ... for suckers only ...

    Pix of 'My Kids'

    "How about a little fire Scarecrow ?"
  • baseballjeffbaseballjeff Posts: 1,082 ✭✭✭
    Its because the market is hurting, and people are starting to realize this so they are trying to fetch there last buck before it's too late. Don't forget though card collecting as with anything like this is cyclical, card prices are bound to go up again.

    We hope!
  • colebearcolebear Posts: 886 ✭✭
    I list all my store items at high buy it now levels but I also include a best offer option. Every once in a while people buy it now but 90% use the BO option. I do not think there is anything wrong with high prices, the sellers are paying the fee and with the fees on ebay continually going up, I really do not blame them.
  • plifterplifter Posts: 361
    I'm looking for a 1933 Goudey Ruth. I wonder if I might be better off waiting until the National in Cleveland.
  • MooseDogMooseDog Posts: 1,946 ✭✭✭
    I have found it is a better strategy to price high (well, maybe not 2x SMR high unless that's the market) with best offer. Far better than the .99 auction. As a seller you can protect your selling price point much better and while you may sell a few less cards, you'll make more and have more control over the final selling price.

    Of course you have to deal with the low-ball bozos but it's easy to hit the "decline" button.

    I have no association with them other than as a user, but vintagecardprices.com has been an invaluable resource for pricing and establishing selling prices.

    People who routinely overprice their stuff will not sell it...I don't know why that bothers some people. I use eBay and Craigslist for buying and selling quite frequently, and especially on the latter things that are overpriced simply do not sell. You see people relist over and over and over the same item. I tried a few experiments myself (listing on CL is free) and listed a few desirable items I had and a few I did not at prices ranging from "very high" to ridiculous. I only received two responses to any of the ads and neither were anything more than tire kickers.

  • ORANGEORANGE Posts: 136
    A low offer is o.k. It shows the other potential buyers that people are interested in the card.
    One time I had a seller tell me I was "wasting his time" with an offer.
    Guess he didn't realize it's good to get any offer. Makes people think they won't win with a low one.
    ORANGE
  • CDsNutsCDsNuts Posts: 10,092 ✭
    Honestly, I don't really expect to sell much in my store regardless of what price I put on it. But the listing fee is only .05-.10, so there's no harm in putting stuff up there at a big (but not ridiculous) price. When I really feel like I have to liquidate stuff, I just send a grouping of my store inventory off to auction and set the starting bids more reasonably.

    Lee
  • BoopottsBoopotts Posts: 6,784 ✭✭
    It's a little known fact, but virtually every action an Ebay seller undertakes is done with the expressed intention of aggravating a CU board member.
  • cardbendercardbender Posts: 1,831 ✭✭


    << <i>I list all my store items at high buy it now levels but I also include a best offer option. Every once in a while people buy it now but 90% use the BO option. I do not think there is anything wrong with high prices, the sellers are paying the fee and with the fees on ebay continually going up, I really do not blame them. >>




    Interesting. I try to do the exact opposite. I price my ebay store inventory fairly and pretty close to what I see cards sell for at auction. I might be 10-20% higher in my store. I tend to move quite a few graded cards with that pricing method. It does seem like my vintage 9's fly out of my store. Maybe I'm priced too low on those. But overall, I get better coin in my store even with the higher final value fee's factored into the totals, than I would get at auction.

    I never have anything priced in the store at double the going ebay rate. Why waste buyers time? Typically I move all inventory within six months or less using this method.

    I also rarely get offers on my stuff because I think most buyers feel I'm not gouging them to begin with with my BIN prices. I'm not criticising those sellers who use the higher price method in their stores either. Whatever works for you is what you should continue to try.

  • colebearcolebear Posts: 886 ✭✭


    << <i>

    << <i>I list all my store items at high buy it now levels but I also include a best offer option. Every once in a while people buy it now but 90% use the BO option. I do not think there is anything wrong with high prices, the sellers are paying the fee and with the fees on ebay continually going up, I really do not blame them. >>




    Interesting. I try to do the exact opposite. I price my ebay store inventory fairly and pretty close to what I see cards sell for at auction. I might be 10-20% higher in my store. I tend to move quite a few graded cards with that pricing method. It does seem like my vintage 9's fly out of my store. Maybe I'm priced too low on those. But overall, I get better coin in my store even with the higher final value fee's factored into the totals, than I would get at auction.

    I never have anything priced in the store at double the going ebay rate. Why waste buyers time? Typically I move all inventory within six months or less using this method.

    I also rarely get offers on my stuff because I think most buyers feel I'm not gouging them to begin with with my BIN prices. I'm not criticising those sellers who use the higher price method in their stores either. Whatever works for you is what you should continue to try. >>



    Thanks for your opinion, but I really do not believe that I am gouging my customers or wasting their time by setting high BIN prices with BO option. But again thanks for your kind words.
  • CDsNutsCDsNuts Posts: 10,092 ✭
    Also, as far as strategy goes, it makes more sense to have high BIN prices in your store inventory if you have other cards from the same set/player that you plan on sending to auction if they don't sell. Since most people now use ebay as their price guide, it pays to let some items sit in your store at a high price because if it sells, that price will be the point of reference for cards of the like.

    Lee
  • lickablebeanlickablebean Posts: 373
    What cards are you talking about? What's the POP on the cards?
  • lickablebeanlickablebean Posts: 373
    Did you see the asking prices on the 1948 Bowman Football Cards. They're all PSA 8 but what is he thinking.
  • wolfbearwolfbear Posts: 2,759 ✭✭✭

    cardbender - just checked your eBay store and you are correct sir. Your prices are more than fair.

    Even though I check auctions daily,
    I quit looking at eBay stores some time ago simply because it always turned out to be a waste of time.

    You have been added to my 'Favorite Stores' list which now consists of one store ... image
    Pix of 'My Kids'

    "How about a little fire Scarecrow ?"
  • GDM67GDM67 Posts: 2,526 ✭✭✭✭


    << <i>But again thanks for your kind words. >>

    At least you didn't get called a sucker.
    My Sets
  • handymanhandyman Posts: 5,396 ✭✭✭✭✭
    Man when did all of us collectors become business men?
    Where is the hobby going
    eh its still fun I guess if your rich
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