Everybody is Looking for a Deal on eBay

eBay has been called the world’s biggest garage sale or flea market. It is definitely the world’s largest marketplace. With this distinction come shoppers galore who are looking for a deal. They are looking to purchase their items at prices lower than can be found anywhere else.

Because of this gotta-get-a-better-deal mentality of a lot of buyers on eBay, you will often receive emails asking you to give a potential customer a better deal. A very popular email to receive is, “If I buy two from you, what is your best price?” Never mind that the product is most likely at your best price already just by virtue of you selling it on eBay.

What you will have to do is figure out how you want to deal with these types of inquiries. If, like most eBay sellers, your price already represents the lowest amount you can sell the item for, you probably shouldn’t be offering to lower it any further. Instead, you will have to come up with a response that makes the person think they are getting a deal without actually lowering your prices.

One approach you can take is to explain that you combine shipping and talk up the fact that they will be saving a considerable amount in shipping if they order multiple items from you at one time. So rather than focus on the fact that you are not going to reduce your item prices, show them the benefit from ordering more than one item from you at a time.

You need to get them away from thinking that you are not working with them on price by showing them that you are willing to work with them when it comes to shipping, or whatever you are willing to work with them on. Deflect their attention away from the item price to something else to make them feel like they are still getting a great deal.

Now, this isn’t to say that you should never give someone a deal. We have been known to offer deals to good, repeat customers. If someone is loyal to you, then it is good to reward his or her loyalty from time to time. Just make sure that you don’t put yourself out of business by being a nice person.

Just be aware that you will be approached on eBay with inquiries about giving a better deal than what you are already offering. You are going to have to decide how you are going to handle situations like this. Create a plan of action for these circumstances and stick to it! You are in control and you need to make sure that you will make enough money to make selling on eBay worth your time.

Remember, your livelihood relies on your profits and if you are giving away the product for free, or next to nothing, well, you might find yourself in trouble with the bank balance.

Related Posts:
Worldwide Brands Directory Review – Your Source for Product Wholesalers
We have talked in the past about how hard it is to find reputable wholesale suppliers that will deal with you, the online retailer. This has been one of the biggest challenges that have faced us selling on eBay. The good
If You Sell on eBay, You May Be Losing Billions
OK, maybe the title of this post is a bit exaggerated. However, if you are one of the millions who sell on eBay, you personally are not losing billions but, as a group, eBay sellers are. A new study talks about
Special Pricing on the Ultimate Product Sourcing Reference
For a very limited time, Worldwide Brands is offering a special deal on their One Source product wholesale list. You must hurry if you want to take advantage of this offer, as it is only good through the end of
Selling a Little of This and a Little of That on eBay
Selling on eBay is much different than selling in a bricks and mortar store. eBay allows you the ability to experiment with what you sell. If you are selling green widgets and are having no luck, you can fairly easily,
Free e-Book: Successful Product Sourcing – How to Find REAL Wholesale Products YOU Can Sell Online
We have talked about how product sourcing is THE hardest part of running a successful eBay business. If you want to obtain eBay PowerSeller status, you most likely will be spending a great deal of your time finding the right
eBay Introduces Advanced FAQs for Those Selling on eBay
eBay has just announced the availability of a new tool to make it easier for you to make money on eBay. Now available is a featured called Advanced FAQs for those sellers that are looking for another way to cut
eBay Runs Listing Promotion for New Sellers
If you have never sold on eBay and have been considering doing so, now is the time! January 3rd thru January 9th, eBay is running a listing promotion for those that have never sold on eBay. For the first three fixed-price
Why Don’t Suppliers Sell to Online Retailers?
As you search for the elusive, perfect product to sell on eBay, you will run across many companies that flat out refuse to deal with you, the online retailer. Why is this? Here, we will explore some of the reasons
Continuing Reaction to the Idea of Amazon Purchasing eBay
Yesterday we wrote a post about the idea of Amazon purchasing eBay. This post discussed a recent New York Times article about the very same subject. Since then, Saul Hansell of the New York Times has posted two additional follow-up
Special Pricing EXTENDED on the Ultimate Product Sourcing Reference
IMPORTANT: WorldWide Brands has extended the special pricing offer on their One Source product sourcing reference. You must hurry if you want to take advantage of this offer, as it is only good through the end of this month. This is