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Awesome video as usual. I always enjoy your content. I was wondering, have you ever done a video where you discuss how much discount you give on "offers to watchers" on your different price points. (especially your higher end cards.) I just had a watcher on one of my postcards that I listed at $149.95 so I sent them an offer for 20% less. Would like to learn what you do in those situations and what (in your opinion) helps you determine how much to discount your postcards.
It depends on the type of card. I’ll give you a couple examples that will hopefully help you out. One is an RPPC of a railroad depot in Indiana, similar to the one I showed in the video. I priced it at $120. It had sold before for $110, ~$95, and like $105. I received offers for lower than that, but would not give more than 15% off since it had a strong sales history. Other examples: two RPPCs of a mining ghost town in California. Only things I found for them sold 10+ years ago for $375. I priced mine at $750 or make an offer and $500 or make an offer. They sold for $475 and $325 respectively. On those I was much more willing to take less because it didn’t have a sales history at all hardly. And I was certainly happy with $800 for the pair. Other example will be in my next video of what sold. A rare printed card from a ghost town in California. Nothing out there at all as far as comps. I listed very high at $299 or make an offer; it sat for a month or so, I changed the price to $199, and I accepted an offer for $110. Again for something like that with no sales history I was much more willing to come down in price.
Video was really good! I am always amazed at how much some cards can go for. I also see by you SM and Popeyes I am leaving a LOT of money on the table with auctions and also not being confident ( More that than anything else I would guess) I sell like you used to sell, So I do have a question, Since you must have done it, when you started increasing and going to BIN cards, did you just do it or did you slowly go into it, OR did you take a break and then come back and start up with the prices higher. I have a couple of customers I know I will lose right off who buy 20 and 30 at a time ( One of the reasons I stay with the auctions and the low starting price) But I really need to get it where I can at the very least supplement my income, not just do it for fun and sh*ts and giggles.
Great question! I had consistent buyers that I lost when I stopped doing auctions. I sent people free postcards with their order too, so really I was selling cards for less than $0.99 on average. I didn’t change from auctions to the price structure I have overnight, but I would have if it would have occurred to me. At first I just did everything at $3.99 but it now, no matter what. A ton of postcards sold very quickly. Then I tried everything at $5.99, then at $7.99. I don’t think I actually started looking up prices until I found Popeye, and after that I never looked back.
Join us on our Discord! Whether you are a seller or collector, just beginning or have decades of experience, there's something for everyone. Get help identifying and pricing postcards, ask experienced sellers questions, see great postcards, and talk about history! It's completely free and you can join here: discord.gg/xzXaHveeja
I really enjoyed this format with the breakdown by price
I like the new format for your what sold videos. Its nice to see a range of cards from lower to higher sale prices.
Thanks for sharing!
Cheers,
Julien
Excellent info, thank you for posting. Nice work on the editing and overlays, too! 👍
Excellent video! Breaking the numbers down by price point was really helpful.
Enjoyable and informative at the same time!👍
Very generous of you to share your information. Thank you!
Very much enjoyed the video. Your breakdown of the cards with price points and type is really helpful.
Great video. Thank you for sharing!
Great video, I am binge watching your videos, well done sir.
Awesome video as usual. I always enjoy your content. I was wondering, have you ever done a video where you discuss how much discount you give on "offers to watchers" on your different price points. (especially your higher end cards.) I just had a watcher on one of my postcards that I listed at $149.95 so I sent them an offer for 20% less. Would like to learn what you do in those situations and what (in your opinion) helps you determine how much to discount your postcards.
It depends on the type of card. I’ll give you a couple examples that will hopefully help you out.
One is an RPPC of a railroad depot in Indiana, similar to the one I showed in the video. I priced it at $120. It had sold before for $110, ~$95, and like $105. I received offers for lower than that, but would not give more than 15% off since it had a strong sales history.
Other examples: two RPPCs of a mining ghost town in California. Only things I found for them sold 10+ years ago for $375. I priced mine at $750 or make an offer and $500 or make an offer. They sold for $475 and $325 respectively. On those I was much more willing to take less because it didn’t have a sales history at all hardly. And I was certainly happy with $800 for the pair.
Other example will be in my next video of what sold. A rare printed card from a ghost town in California. Nothing out there at all as far as comps. I listed very high at $299 or make an offer; it sat for a month or so, I changed the price to $199, and I accepted an offer for $110. Again for something like that with no sales history I was much more willing to come down in price.
@@mailseum Thanks that helps a lot.
Thanks for another great video. Do you ever list with best offer option? Do you do offers to watchers?
I do occasionally list with best offer if something is $100+. I also send offers to watchers of 15%, typically once a day.
Video was really good! I am always amazed at how much some cards can go for. I also see by you SM and Popeyes I am leaving a LOT of money on the table with auctions and also not being confident ( More that than anything else I would guess) I sell like you used to sell, So I do have a question, Since you must have done it, when you started increasing and going to BIN cards, did you just do it or did you slowly go into it, OR did you take a break and then come back and start up with the prices higher. I have a couple of customers I know I will lose right off who buy 20 and 30 at a time ( One of the reasons I stay with the auctions and the low starting price) But I really need to get it where I can at the very least supplement my income, not just do it for fun and sh*ts and giggles.
Great question! I had consistent buyers that I lost when I stopped doing auctions. I sent people free postcards with their order too, so really I was selling cards for less than $0.99 on average. I didn’t change from auctions to the price structure I have overnight, but I would have if it would have occurred to me.
At first I just did everything at $3.99 but it now, no matter what. A ton of postcards sold very quickly. Then I tried everything at $5.99, then at $7.99. I don’t think I actually started looking up prices until I found Popeye, and after that I never looked back.