Welcome to My Blog...

where I will promote the karat gold and sterling silver genuine gem stone jewelry that I lovingly design and fashion as well as muse over the daily doings of my American family struggling to keep our heads above water in 2010.

Sunday, September 27, 2009

Are Your Prices Set in Stone?

Had a flurry of miscellaneous sales on eBay over the weekend...look to be pre-Holiday sales. My buyers are looking for bargains. I can't say that I blame them as I shop in the "clearance" aisles first myself!
I need to know Dear Jewelry Community, are you offended when a buyer asks for a deal on an item with a set price? In searching forums all over the Internet I see that many buyers are annoyed by potential buyers that make an offer lower than the posted price...
These are my thoughts.
I would love to sell all of my fine jewelry at top dollar but I always take into consideration..
a. How long has it been in inventory?
b. Am I better off holding on to it - or - selling it?
c. Would fabulous feedback encourage other buyers?
So, I take all offers on a case by case basis.

As a long-term eBay seller, I have learned that you have to take risks. eBay offers you an option to list an item with a set price and also a "best offer" opportunity. I use this on higher price items that I may or may not be willing to part with at the "best offer" price. Most times a successful purchase involves some negotiation between the buyer and myself - but that's OK. It works by way of moving inventory into the marketplace, word of mouth praise through feedback you see and so much more that you cannot see.

So, would I be offended if a potential Etsy buyer convo's me to make a deal on multiple purchases or makes an offer on a higher priced item? Heck no, only I can make that decision based on my sales, my overhead, my profit margins and my life on that particular day.

Take Chances! The competition is stiff out there...

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What can I do to help you today?
What can I learn from You today?

If you are an online seller you know that the competition is really tough. I design and craft jewelry for all occasions - so what makes me stand out in the crowd?
Is it my one of a kind designs?
Is it my quality metals, gemstones and attention to detail?
Is it my Brand? Pictures? Creativity?

I strive every day to try something new, to incorporate fresh ideas, to inspire new sales, to reach more of you.

Let's share together...Let's see where this goes!