Tuesday, February 9, 2016

Chris Bowser Training How to Find Out What Your Products Sell For

Do you have a product that you want to sell, but aren’t sure what to sell it for? You may not have a website, so placing the product there is not an option. You want to sell your product or products (if you have more than one), but you want to be fair about pricing the product or products. How can you determine what is the best price to charge for your product?

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One good way to find out what the price of a product is or should be, would be to go where such products are sold. For instance, if you go to Price Grabber and look at their products, you may find a product that matches what you have. You can see what the price is. This can give you an idea what the product is worth. You can also go to Nextag.com. They have a system where you can search a product and get a comparison of that product, including price. You can also use a service like Milo.com. What you do is type in the name of the product. They will provide a store where the product is located. You just need to click “Fetch!” and you will be taken to a page that list your product and any product that comes closest to or matches that product, along with the price. This is a good way for you to find the cost of you product.

If you wish, you can even go to other auction sites, besides the auction site you plan on using, to list your product for sale. At least you can get an idea of what the going price for the product is, and to see what the lowest bid is for that product. The only method of finding out what your product is going for online is to type in the name of your product in Google. For example, if you were looking for an iPad, you could use the keywords “price of iPad or iPad pricing.” Once you do this, you will get a ton of sites that will list the iPad and the going price for it.

If you really think about it, you can find the price for your product easily online. Just use the search engines and the right keywords.  It is all about the right keywords. As long as you use the right keywords, you’ll be able to find the price you need for your product. By knowing the going rate for your product, this will help in deciding what to start your bidding at when selling your product on an online auction site.  You can actually find out what others sell their products for when you go online. If your product is the same, you can compare your price with that of another user. This can help you decide what to price your product when you are selling it.

It always helps to know ahead of time what your product can sell for. By knowing this, you can get an idea of what pricing point to start at when you begin your auction. If you set your starting bid too high, no one will bid on it. If you go to low, you will get a lot of bids, but won’t make money. This is why you have to considering pricing ahead of time. Let’s say you are selling a motorbike. You know that motorbikes, or motorcycles as they are also called, sell for about $16,000. If you placed your motorcycle online for under $16,000, and that is what you paid, you will lose money if the winning bidder ends up under that price. It is for this reason, you must know the going price first so you can sell it above that.  By using this pricing strategy, it will better prepare you when you auction your product, for you will end up making money from the sale.

Chris Bowser

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