Post #474116 by leleliz on Mon, Aug 3, 2009 3:35 PM

I just wanted to add that you have to tailor your pricing on Etsy to what people are paying for similiar items. This pretty much goes for anything that is on there for sale. Since it lacks the bid-to-win challenge of Ebay I find that buyers on Etsy are always looking for the best deal.

Etsy buyers are more savy...they check out the item you have for sale against all of the rest of those similiar items that are for sale on that site. They will buy the cheaper one of course. So if you are selling a Harvey's Bucket Mug for $15 and someone else has it listed as $5 they aren't going to buy yours. So its best to do a little research to see what things are selling for and how you can fit yours into the bunch and still be able to make a profit.

Also I have found that a majority of buyers are also Ebayers...so they are going to check there for price comparison as well.

When it comes to handmade items take hair flowers for instance. You type that in the search function and you get hundreds of results. Well if its between paying $6 versus paying $15 for pretty near identical items the $6 person will always get the sale.

Common sense but I see a lot of sellers on there with low sales because they don't keep that in mind.

[ Edited by: leleliz 2009-08-03 15:36 ]