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As a reseller, it is very important to list your items at a reasonable price. When someone scrolls through Poshmark, Ebay, or Mercari, many people sort by "price, low to high" for a deal or "just in" to see what's new!
Many factors go into a listing price, so consider the following about your item:
- Brand (Mall/Value? Premium/Designer?)
- Quality (NWT? EUC? flawed?)
- Size (number sizes versus letter sizes typically indicate higher quality)
- Year (In season? Vintage?)
You will also want to consider the following for your own selling style:
- Price drops/shipping discounts
- How quick of a flip do you want? lower price = faster flip
Websites that I use to check comps:
Poshmark & Ebay (search sold, by brand and item type, sort newest for relevance)
Thredup, follow this link: https://www.thredup.com/payouts?tswc_redir=true
(Scroll to the bottom for step-by-step photos for Poshmark and the comps I found on Ebay!)
App you can use : sellhound (thanks for the reminder Angela @bloomingbrands )
As an example, this morning I decided I wanted to relist some items and when I do that, I make sure to check that the pricing is still relevant. So below are screenshots of how I found Dior Men's Tie comps. :) Note: if you are crosslisting, this is a great way to test where you will make more money on a certain item! For instance, ebay has been around forever, so there is a more diverse clientele.
After searching comps, I decided to list the ties at $49.
Be sure to comment on my instagram page with any other topics you're interested in! :)
Thanks for reading along with me! I hope you have a lovely day.
Ebay Comps
