Friday, July 21, 2006
Listing A Lot On Ebay
Currently we have 237 auctions running on Ebay. We are listing a lot. With the 20 cent listing for yesterday and today we are doing even more. I am also dropping prices. Not enough of those 237 items are selling.
If, after this round of auctions closes, a lot of our listings have not sold, I think I will just drop prices WAY DOWN and let the bidders decide what any item might be worth. Move inventory and make room for more. It is about the old saying, “Get rid of what you do not want to make room for what you do want”.
As with any product sales business, so items are good sellers and others are not. Liquidation sales for the slow sellers is always a good idea. I need to pay attention to that advice and get rid of slow sellers more quickly.
This is all part of what a business plan should have in it. I had not really thought about it much until this Ebay discount listing sale. It got me thinking that now was a good time to list a number of things for only 20 cents at a lower price than usual.