Post 4: How I Figure Out the Right Price for My eBay.ca Listings

in LeoFinance4 days ago

How I Figure Out the Right Price for My eBay.ca Listings

Pricing correctly can make or break your eBay sales. Price too high and the item can sit for weeks with no interest. Price too low and you risk leaving easy money on the table. Here’s my step-by-step method for finding that sweet spot every time:


Step 1: Search Your Item on eBay.ca

Start by typing your exact item into the eBay.ca search bar. Be specific—include the brand, model, or key details.
Example: “Nintendo Wii U GamePad Controller” or “Lululemon Define Jacket Women’s Size 8 Black.”

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This gives you a general sense of the current market, but remember, listed prices don’t tell the full story. Ebay will alwasy show the sponsored Listings Or Promoted First


Step 2: Filter by “Sold Items”

On the left-hand side, scroll down and check the box that says “Sold Items.”
This filter is gold—it shows you what buyers actually paid, not just what sellers are hoping to get.

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Add screenshot here – Sold Items filter on eBay.ca

Pro Tip 💡: Toggle on “Completed Listings” too. This lets you see both sold and unsold items side-by-side, helping you gauge what doesn’t move at certain prices.


Step 3: Compare Condition & Brand

Not all items are equal. Look closely at the sold examples that match your item’s condition and brand.

  • If your item is new, compare to other new listings.
  • If it’s used, note any wear, missing parts, or packaging differences.

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Example: If a new-in-box Rummoli game sells for $40, but your used one sells for $25, that’s your realistic target.


Step 4: Set a Competitive Price

Once you know the average sold price, decide your strategy.

  • Want it gone fast? Price slightly lower than average.
  • Willing to wait? Match or go slightly higher and accept offers.

Example:
If most sold between $30–$35, I’ll list mine at $32.99 with Best Offer. It’s competitive, but still gives room for negotiation.

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Step 5: Adjust if Needed

If your item doesn’t sell within 7–14 days, it might just need a small tweak.
Drop the price by a few dollars or send offers to watchers. Sometimes even changing the title or first photo can help bring it back to the top of search results.

Pro Tip 💡: Track your active listings weekly. Small adjustments can make a big difference without cutting deep into your margins.


Final Thoughts

Pricing on eBay is part data, part instinct. Over time, you’ll start recognizing patterns—what sells fast, what sits, and how seasonal trends affect value. Take your time to research before listing, and soon pricing will feel like second nature.

💬 Question for you: Do you price your items for a quick sale or hold out for top dollar? Drop your answer in the comments—I’d love to hear how you approach pricing!

Posted Using INLEO