The
person who tried underbidding me at $150 returned with a $200 offer. I accepted
it because it was closer towards 50% ($225). I stood up for myself because
there was no way that I allowed any buyer to undermine me! That was someone
that you had to learn as an eBay seller. There were people out there trying to
nickel and dime. It was mandatory to stand firm because this was a business and
as a seller you must have a breakeven analysis and cost of goods sold (the cost
to ship your product).
I brought up
cost of goods sold aspect because it a vital part of revenue. In business sale
– cost of goods sold = revenue. Cost of goods sold is a uniform price. The post
office charged you, the seller, the same amount of the package dimensions
regardless of sales price. Lowering your sales price meant a cut into your
revenue. That was why I stood up and declined the $150 but accepted the $200
because I needed a buffer and to generate revenue! eBay was a business and the
buyers would respect that!
Visit my eBay store at: http://www.ebay.com/usr/carljenkin_6
No comments:
Post a Comment