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 NearTheSea
 
posted on December 23, 2003 12:13:54 PM new
I've seen this a lot in auctions.

They put 'This retails for $XXX.XX

and of course the starting bid, or fixed price is lower than that.

Is this a good thing to do?

I 'aquired' (legally ) some local name brand things, that do have a retail price, but are being discontinued.

I thought about it, and thought it kinda tacky. Does anyone else think this way?

And I am going to start them very low. And I'm not competing with anyone, because we got the last of these.


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 tomwiii
 
posted on December 23, 2003 12:21:32 PM new
T'aint tacky a'tall!

If the RETAIL price is for real & not of the BOGUS variety commonly seen with cheapo watches

If yer item is truly marked (say) "$19.99" and you can offer it for (say) "$9.99" -- I say: go for it dude (or, dudette, as the case may be)!






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 chathamsue
 
posted on December 23, 2003 12:31:00 PM new
I do it all the time when I know what the retail is. I am certain it adds to the interest in these items. Most everyone likes to think they are getting a bargain.

 
 auctionACE
 
posted on December 23, 2003 01:04:58 PM new
Some buyers have no idea of what the retail price is and it makes a good selling point to include it in the auction description. It may help justify their bid in their mind.


-------------- sig file ----------- *There is no conclusive evidence that life is serious*
 
 marcn
 
posted on December 23, 2003 01:36:12 PM new
I sell QVC clothing almost exclusively. On the QVC web site, all items are listed with a "Retail Value" and then the "QVC Price". I ususally list the "Retail Value" when listing a QVC item. I am also experimenting without the Retail Price included.

It does seem that including a Retail Price helps the bids.

Marc

 
 MAH645
 
posted on December 23, 2003 03:09:04 PM new
If the Retail Price is a realistic one its fine,if its a big lie like you see on some leather auctions like tote bags and jackets then its sickening. In my opinion I think that is what killed the sale of these items too. Seems like just about everything from that company put on E-Bay doesn't sell at all anymore. Their goods have been drove into the dirt.

 
 NearTheSea
 
posted on December 23, 2003 03:35:57 PM new
Thanks for your input! (was making Christmas cookies )

Yes, its the true price, its coffee table (size) books of a certain interest, and they are sealed in plastic. I kept one, opened it, and it has an ISBN # (looked it up, and its not listed) and a price, where all new hardcover ones have, and its $50.

They truley are 'limited editions' and so on these, I think I will put the retail price.

Thanks!




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 pointy
 
posted on December 23, 2003 04:17:49 PM new
I don't think that it makes much of a difference either way in most cases. It's the book itself that will sell. People don't look to Ebay to pay retail, and we've all seen books on sale at Barnes & Noble or Borders for as much as 80-90% off retail. I wouldn't mention the retail price unless your price is below $10. As a very general rule, people look to pay only 5-25% of original retail on Ebay anyway. If your price is higher that $10 it may hurt to put the retail. Again, it's the book that will sell. If it's really something interesting to some people, and impossible to find elsewhere, people may bid over $50. But not if you list the retail price at $50.
..
[ edited by pointy on Dec 23, 2003 04:20 PM ]
 
 curtisj3
 
posted on December 23, 2003 04:24:06 PM new
I STOPPED PUTTING THE RETAIL PRICE IN MY AUCTIONS AWHILE BACK. I FOUND THAT IT TENDED TO CAP THE AUCTION AROUND THE RETAIL PRICE. PEOPLE STOPPED BIDDING ONCE THE RETAIL PRICE WAS APPROACHED.

 
 OhMsLucy
 
posted on December 23, 2003 07:01:01 PM new
Hi everyone,

I'm not sure at all about putting the retail price in auctions. Mostly because MSRP is often some bogus up-in-the-sky number.

Kinda like on the antique/collectible items where the seller quotes "book" price.

Although I tend to agree with Curtis, I do wish he would stop shouting.

Lucy


I grow old...I grow old...I shall wear the bottoms of my trousers rolled. T.S. Eliot
 
 pelorus
 
posted on December 24, 2003 11:39:25 AM new
I have put this in auctions but have the sense that it didn't do any good.

 
 jwpc
 
posted on December 25, 2003 08:49:45 AM new

We use it in some auctions, and no in others, but overall, I feel it does produce better IF THE RETAIL PRICE IS REALISTIC!




My Boss Is A Jewish Carpenter!
 
 sanmar
 
posted on December 25, 2003 12:15:18 PM new
I sell a lot of hard to find china & many times I use Replacements Ltd prices as a comparison. I know what they pay & what they sell for & if I can get more for a piece than their buying price, then I am ahead. This a price that can be readily confirmed, so have be accurate, no BS.
[ edited by sanmar on Dec 25, 2003 12:17 PM ]
 
 ewora
 
posted on December 25, 2003 12:25:08 PM new
I have put the retail price in some NWT clothing auctions that I have started under $10.00. It may have made a difference although it's difficult to say for certain.
The trouble with Italian food is that your hungry again in two or three days.
 
 zathras11
 
posted on December 27, 2003 09:20:18 AM new
I sell mostly video games. I use this in
my auctions:

"The largest seller of used video games in
the USA sells this for $39.99! Another exact
copy of this item recently sold on eBay for
$20.51. This copy can be yours at the
Buy-It-Now (BIN) price of $20.51 (no
bidding & FREE shipping), or enter the
minimum starting bid of $14.99 to guarantee
that this item sells!"


The "largest seller" is FuncoLand/GameStop
(their web site). I look up each item on
eBay for completed sales of exact items.
In the above example, I paid $5.00 plus tax
and the item sold at the BIN price (the FREE
shipping will cost me less than $2.00 via
USPS with a Delivery Confirmation, as the
item is VERY light). Of course, not all
sales work out that well...


ADDED:
Could I have gotten more than $20.51? Maybe.
I heard something, a long time ago, that is
Stock Market related, but applies to other
things too: Bulls and Bears are always winners
but Pigs go to slaughter.
[Technically, I guess REAL bulls do too]

---
"Cannot say. Saying, I would know. Do not
know, so cannot say". -- Zathras (Babylon 5)
[ edited by zathras11 on Dec 27, 2003 09:24 AM ]
 
 rustygumbo
 
posted on December 28, 2003 03:08:24 PM new
I do it depending on the item. I have sporting good items that actually retail for $300 in local stores in the mall, yet can only sell them for $75 on ebay. I not only list the retail price in the auction description, but I take a photo of the original tag that shows their retail price.

If the item is a specialty item and a good name brand, it is well worth it, because the person can get a sense of the value involved. there is a difference on mall or specialty store retail vs. discount store retail.

 
 rarriffle
 
posted on December 29, 2003 01:41:58 AM new
if the item has the price tag still on it, I will note that and the amount in the auction.


 
 
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