How To Price Items For Selling Online
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As a reseller, pricing items for sale is the backbone of your business.
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In this post you will learn:
- How to research comparable items
- How to calculate your profit margin
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Comps research can be done on Poshmark, eBay, or Mercari.
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When performing comps research, look at how the item has sold historically.
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Next, you'll need to calculate your profit margin.
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Profit margin can be calculated by:
- Dollar amount profit per item
- Percent profit margin
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Continue reading to learn how to combine comparable sold items and profit margin to increase your sales FAST!
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