terminusnord opened this issue on Jul 17, 2002 ยท 4 posts
terminusnord posted Wed, 17 July 2002 at 10:33 PM
This is a question for the marketplace staff. If you look at the top 10 most profitable items in the marketplace, are they clearly inexpensive items that sold in high volumes, or are they mostly expensive items that sold moderate volume? Or is it an even mix, or something else entirely? (Like expensive items that sold record volumes)? I ask because I've got a product to put in the marketplace, and I'm trying to figure out if it would be better to price it low, high or in the middle. of course I realize that the quality of the product ultimate determines if it's successful, but for any given product I would think that there is a price point that will maximize profit, and I'm wondering if the store staff has a good idea of whether that point tends to be towards the lower price or the higher price, for items in general. My instinct says to price it low and hope for high-volume sales. I think that fosters customer appreciation also, since everyone likes a good deal. Thanks, Adam