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eBay 104 – eBay Pricing: Setting Appropriate Prices

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Determining the right price for your item on eBay can be tough and there are a number of things to consider. There are some coupon websites that know how to entice you in with just the right price (click here to view site). This article walks through two methods that you can use for finding the elusive pricing sweet spot where customers will pay it and you’ll still be profitable. Pricing is all about trial and error, so we recommend using both of them together and seeing what works best for you and your business. Method 1 – “Bottom-Up” When you look at your eBay pricing from a “bottom-up” perspective, you’ll take all of your costs into account, determine the margin you want to…