Showing posts with label Determine. Show all posts
Showing posts with label Determine. Show all posts

Monday, March 4, 2013

Use the Ebay Crystal Ball to Determine Your Item's Selling Price

When researching a product to sell on eBay one of the important things that you need to know is 'what will it sell for?' Obviously no one can guarantee this selling price but eBay gives you the tools to get a good idea.

The background to this is that a friend has been made redundent and has decided that he will make his living on ebay, which contrary to popular thought is still very much a possibility. His idea is simple, he is advertising to do house clearences and unwanted item removal with a view to selling this on at both offline auctions and Ebay.

He was voicing some concerns over the fact that he obviously has some in depth knowledge in certain areas but in others he has none and hence he didn't want to be paying to much and leaving himself no profit. So I walked him through a feature that is readily available to all Ebayers and one that is seldom used to the full.

Use the Ebay Crystal Ball to Determine Your Item's Selling Price

The feature is the Closed Item Search.....simple really.

This allows the question, "What is something worth?" to be answered quickly and as accurately as is humanly possible. It really is like having a crystal ball supplied by Ebay.

Let me give an example, take the Samsung D600 Mobile Phone..

Log into eBay and in the search box at the top just type in Samsung D600 Mobile Phone. At this point try to think how the listing titles would be written so as to get the 'complete' set of results that will give you your expected selling prices accurately.

Hit the search button..

What this does is bring up the current auction listings that are active for your chosen search term, scroll down the screen on the left hand side and click the box that says "Completed Listings" and then hit the Show Items button. (you may have to enter your eBay username at this point)

Then click the Price column twice and this sorts the data into ascending format, ie. the highest to the lowest selling price. Like always green means it was sold and red means that it wasn't.

What you have now is a guide to the expected highest selling price and the lowest selling price and pretty easily determine the average selling price, obviously some of the selling prices will be slightly skewed (particularly in the mobile phone example used) due to the 'must have' effect but generally these are very easy to identify and eliminate.

A quick click around the completed auctions can also give you an idea of the best selling formats, titles, categories to list in etc so that you are furthur armed to maimise your eBay profits.

Now then using my friend as an example. Say he gets a call off someone wanting to dispose of a certain number of items he can, whilst still on the phone, determine his likely selling prices and be able to give them a price that he knows he can make money on.....even if he has never sold that product before.

When it comes to eBay remember that most people see eBay as a benchmark as to what they are willing to pay and hence what the value of any goods are. So using this simple but effective free tool you will be able to give yourself the chance of going into a sale pretty much confident as to what you are going to get back money wise.

It really is like having a crystal ball..

Use the Ebay Crystal Ball to Determine Your Item's Selling Price
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Saturday, June 30, 2012

Koi Price - How to Determine the Right Price For Koi Fish?

Koi price is dependent on four main elements. They are valued according to its body shape, color, luster and pattern. The breeder will recognize a grand champion koi through its body shape which is the most important element to be considered. It is readily seen from the body shape of a young whether a baby koi has potential to reach at least 30 inches.

Another determining factor is the luster. Just like comparing cotton from a silk. Cottons are dry and dull while silks are softer and shinier. A good quality koi has that attractive sheen and luster all over the body.

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But the characteristics to make a koi stunning does not stop at its luster, depth of its color is essential as well. Just like when you are painting a house. One coat of paint on the wall does not manifest its true and natural color. But applying sufficient amount of the paint on your wall will absolutely give you a satisfying result. The same goes with the depth of the color of koi. This means that the koi fish is of its highest grade even as they mature, you will be surprised to see that the color does not change unlike a light colored koi, as they mature the color also fades off.

Koi Price - How to Determine the Right Price For Koi Fish?

The black color on the other hand is hardly a stable pattern not until its third year. The pattern does not matter for the breeder, as it is the grade or the scale of a deep and glossy black ink that is important. If this is seen, this same glossy black ink will manifest after a few years as they mature.

Lastly, the pattern must fit to the criteria of any koi in competition.

With this the breeder can categorize his fish in four categories, one star on each element. If a particular fish gets a four star then it is priced highest or marked as the highest quality koi fish. If a fish gets a three star then it places second in rank and so on and so forth.

Koi breeding is getting in demand nowadays for a number of reasons. One, it is a potential income generating business or second a breeder is overwhelmed with delight to raise such beautiful species and eliciting so much fulfillment in breeding koi.

A well-bred koi can oblige a good price in the market. This is another way of determining koi price.

Koi with distinctive qualities, or an unique one-of-a-kind koi makes it a more expensive fish. They are normally bred from varieties of high quality which usually manifests in the magnificent color. Again a breeder can demand a good deal from it especially to avid collectors.

Good breeders are meticulous when it comes to breeding. In order to have offspring that are attractive and with vividly color patterns, a significantly high quality male and female koi must be bred together. This type of koi is able to produce a good number of stunningly wonderful fry. Producing such fry will give the breeder another good price.

Koi price can be deceiving to an inexperienced hobbyist. It is wise to be wary when buying highly priced, expensive koi. Appearance is not the only factor that must be considered but health and the ability to reproduce, is as important as elegance and beauty. So be sensitive to the guidelines in buying or in pricing.

Koi Price - How to Determine the Right Price For Koi Fish?

Lexie Flower is a koi enthusiast and author, who has been caring for koi for over 20 years. It is her goal to see that all pet Koi are properly cared for. If you want additional and unique Koi price info or get a copy of her FREE 'Koi Fish Keeping' mini-course then visit her site Koi Fish Explained

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