General Market Conditions

vettefever17 · #1 06-11-2016

Is it me or has anyone noticed the huge tumble in market prices for some items. Whether it be Chinese sellers or U.S. based, sellers are torching the market price to make items not even feasible. When I say feasible, I mean profit margins going from 9-12 to 1-3 dollars. It is like they are pricing themselves out of the market. How many have had your niches have this astronomical drop?

yotano211 · #2 06-12-2016

its the summer time, products you sell in the winter will not sell well in the summer. it really depends on what you sell.

Haidukken · #3 06-12-2016

I've just had slightly slower month just now in May and some of the prices dropping a bit, but I'm pretty sure thats got a lot to do with it being summer and people rather flying off to Euros than buy my items.
There is still a lot of activity, bidding and a ton of people watching my items but unfortunately it doesn't convert into sales as much as it usually does.

I'm sure my sales will pick up again once the summer season is over and business will pick up again for Christmas anyway, so not to worry.
This little downtime is perfect for a little bit of a rest for myself and I can focus on paperwork and prepare more for the upcoming November/December months.

And the slight drop I've experienced is nothing major, just items take longer to sell than usual, but when they sell the price difference is perhaps only 5-15%

I'm sure there are some categories that always flux, so nothng to panic about- Each category goes through this, as people try to bully others out of the market.
Unless you are willing to discuss what category you sell in, you will get very vague answers to this thread.

Keep calm and just grind on, same as every year.

vettefever17 · #4 06-12-2016

I'm sure the summer has a good bit of the competitiveness of bids on my items. The category I'm in that is having the downturn is Health and Beauty. The Chinese are eating it up at the moment.

phaz0rz · #5 06-12-2016

Are you selling authentic stuff? If so, there's your problem.

If it's any type of cosmetic product supposedly made by an American company coming from China, it's not real.

Last year competition drove the going price of Nono's down to under $50 on Ebay, while radiancy inc. continued selling off their site for $200 each.

vettefever17 · #6 06-13-2016

Quote:

Originally Posted by phaz0rz

Are you selling authentic stuff? If so, there's your problem.

If it's any type of cosmetic product supposedly made by an American company coming from China, it's not real.

Last year competition drove the going price of Nono's down to under $50 on Ebay, while radiancy inc. continued selling off their site for $200 each.

Oh trust me, I watched the nono disaster from a distance. I remember them going from 150 range to 48 dollars in two months on Amazon. The ebay pricing of some is so low I dont know how U.S. Sellers are even clearing 5 dollars per transaction.

rsot · #7 06-13-2016

Too funny - a co-worker was talking about buying No no from the website and it costing $200 ...suckers :(

yotano211 · #8 06-13-2016

I used one of those No No's on a patch of my arm hair. omg the smell is awful. The smell of burnt hair, No No's burn hair off from your skin.

phaz0rz · #9 06-14-2016

Quote:

Originally Posted by yotano211

I used one of those No No's on a patch of my arm hair. omg the smell is awful. The smell of burnt hair, No No's burn hair off from your skin.

I KNOW RIGHT!!

I was so shocked when I found that out the first time. Those cute Chinese girls on the commercials a few years ago certainly did not give the impression they were burning their hair off.

It even says in the manual : "NONO burns hair".

vettefever17 · #10 06-15-2016

Quote:

Originally Posted by yotano211

I used one of those No No's on a patch of my arm hair. omg the smell is awful. The smell of burnt hair, No No's burn hair off from your skin.

Exactly! All it is, is an e cig coil with a led light behind it. People fail to realize it is not an actual laser.

vettefever17 · #11 06-15-2016

Quote:

Originally Posted by rsot

Too funny - a co-worker was talking about buying No no from the website and it costing $200 ...suckers :(

They have no idea. I looked tonight and a Chinese seller was moving a little over 10 units for under 20 dollars. Insane with the price flux.

jayapocalypse · #12 06-16-2016

It can be a race to the bottom for sure. It is very frustrating to buy a jersey only to get home and see 10 other sellers have it priced at 5 bucks when you were hoping to get 50. It happens. Diversify. Learn trends and try to get out in front of them. Find the successful sellers in your category and do what they are doing.