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StrayNeko Posted:
Acid Flux Posted: I never said that all of my items were limited to a 15% markup. I have toyed with the idea of having a specific markup percentage for all items. However, that’s not how the market system effectively works. Anytime I introduce a new item, there is a period of ‘market testing’ to see what people are willing to pay for an item. If I find that I am having to restock items constantly, I adjust the price up. If I find that items move sluggishly, I adjust prices down. This is supply & demand. Additionally, I monitor other legitimate Sellers to see what their items are selling for, and adjust my prices accordingly. I even communicate with other Sellers to make sure that we are offering fair prices across the board. |
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Posted On: 03/20/2009 8:39PM | View Acid Flux's Profile | # |