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Nov 22 2019

Great clips 7.99 sale 2019




Great clips 7.99 sale 2019-Great clips 7.99 sale 2019
Great clips 7.99 sale 2019-How can people price records so cheap? Тема начата plikestechno over 6 years ago , 52 ответов plikestechno over 6 years ago After a few years on here I’ve worked out that after a fresh

How can people price records so cheap?

Тема начата plikestechno over 6 years ago , 52 ответов

plikestechno over 6 years ago

After a few years on here I’ve worked out that after a fresh mailer, discogs fees, paypal fees, competitive shipping charges from Canada (I have to discount a bit or I’d get no sales) and CAD to USD exchange rate through paypal I have to charge 3.99 or more per record to make any kind of money on a transaction. On a 3.99 record maybe I get 2 dollars and a lot of work’s involved in getting it pulled, packed and mailed out. CD’s I could probably drop to 2.99 as the mailers are much cheaper but haven’t done so yet.

So how can people price records for 2 dollars or 2 euro or less and make it worth their time? How do you make any money?

I get it if someone is going to buy 10-20 records but what happens when someone wants one 2 dollar record or one 1 euro record? Why not just throw them in the garbage and save yourself a lot of energy or sell them for a dollar at the local flea market on a weekend?

Plastic-Demons over 6 years ago

plikestechno over 6 years ago

You guys are lucky in the UK. Canada Post’s rates are so high though that when I ship one record to US I charge 10 USD even though it’s 10.60 to ship. And charge 10 USD to ship to Canada when really it’s 12 dollars. If I throw in the mailer cost etc. into shipping I don’t think I’d get as many orders. On a 3.99 USD record to Canada I’m basically giving it away. 17.70 to Europe but I charge 17 etc.

And still people complain constantly about the rates and want to cancel after they order. Can’t make the rates up.

Plastic-Demons over 6 years ago

vinyl45lp over 6 years ago

You mean “Penny Sellers” ? Well, look at their item details, they charge more than normal shipping costs. That’s where they they make their money. Thankfully eBay got rid of such nonsense. Amazon and Discogs still suffer from penny sellers.

For Christ’s sake, I’ve run a record label. It cost’s me nearly $3USD per 12″ to put a release out 1000 copies. If you can show me where I can press a 12″ for 50 cents, let me know.

djdom1uk over 6 years ago

vinyl45lp
It cost’s me nearly $3USD per 12″ to put a release out 1000 copies. If you can show me where I can press a 12″ for 50 cents, let me know.

People selling stuff cheap are probably either selling their own collection, selling duplicates of items they have better copies of, or 2nd hand used stuff that they got ‘for cheap’ (perhaps buying ‘job lots’).

Another source could be shop closures/clearances, someone buying an entire shop full of stock wouldn’t pay very much per item.

There are plenty of places people can buy cheap vinyl, car-boot sales, ‘flea-markets’, charity shops, 2nd hand shops, garage sales, local ads (newspapers, craig’s list), house clearances, garage sales, the local dump, etc.

I was just kidding about the last one on the list b.t.w. :0)

8892sales over 6 years ago

djprojexion over 6 years ago

It’s also competetive pricing, if you’ve got ten people selling a record at the same condition for 3 or 4 dollars, you almost have no choice but to go below the average if you want to sell it quick.

plikestechno over 6 years ago

stevies45s over 6 years ago

I have a price I won’t go under because I reason it’s not worth the work to prepare/ship. Records that I don’t think would sell at that price or higher I save for sales at a local record collectors’ convention.

If I didn’t have that minimum price, I’d be spending a lot of time not looking for the more valuable things to sell, which I think is the raison d’etre for selling online anyway.

djdom1uk over 6 years ago

plikestechno
I only charge actual costs for shipping or less.

I don’t think anybody would mind paying the actual cost of postage, plus the cost of packaging should be fine.

Paying for Paypal, Discogs, or any other fees is questionable at the least.

I have just over-pa .

The seller spent £1.20 on the postage stamps, reused a bubble-lined mailer (and some extra cardboard and a plastic wallet to his credit).

The CDs arrived undamaged, as they were well packaged in good quality reused materials.

The only other cost (apart from the stamps) would have been a few bits of sellotape – which would obviously cost less than a penny.

Am I bothered, not really – the CDs were cheap and overall I was happy to pay the total price to get the 2 CDs.

It is easier to work out prices if you use whole units of currency (i.e. $7 Canadian, instead of $7.90 for example).

There is no real need to make it easy, as the total price is worked out on the order page.

So, I don’t think buyers mind paying for postage and packaging (new packaging anyway) – but it would have been better if the seller had at least used a new mailer :0)

rossross1976 over 6 years ago

I have read on other threads that people don’t bother listing records under £2 etc as it isn’t worth the trouble & I understand that – there is nothing worse than having to trek to the post office in the snow & rain to post a £1 record but.

I have listed a few under £2 just because I am new to Discogs/selling records & I am trying to build up a decent rating so that people know that I can be trusted. Hopefully it will pay dividends in the future.

dansauk over 6 years ago

I have listed quite a lot under £1, and this includes recording audio clips for each listing.

1) because there are other copies in same condition for less than £1. (20p sometimes :/ )

2) because I can list approx 20 per hour including the audio clips

djdom1uk over 6 years ago

rossross1976
I am new to Discogs/selling records & I am trying to build up a decent rating so that people know that I can be trusted. Hopefully it will pay dividends in the future.

Good idea, also if you sell things ‘cheap’ you might get more ‘combined orders’ for a couple/few records – which should make it more ‘worth your while’ if you have have to struggle to the post office in bad weather :0)

dansauk over 6 years ago

djdom1uk over 6 years ago

dansauk
with the new royal mail prices / structure changing soon, then shipping 4 records within UK will cost same as shipping 1

This is a great marketing opportunity for U.K. sellers of records to take advantage of the new package ‘formats’.

These new format/rates will be introduced on the 2nd April, so get ready to promote this in your shipping polices!

UK Buyers: Buy 2, 3, or 4 records and pay the same P&P price as 1!

£2.60 (plus cost of packaging) for 2nd Class
£3.00 (plus cost of packaging) for 1st Class

Recorded Delivery: Cost of postage above + £1.10

solarbloom over 6 years ago

I only find the extremely cheap listings strange (and potentially worrisome) when they dramatically undercut the established sales history, and it really destroys the long term value of a desirable record for a very tiny and short term gain. If someone just paid $12 or more for an open copy, why are you selling your sealed one (or one in the same condition or better, doesn’t matter for the example to be valid) for a couple of bucks (or less)? It’s great that you are cornering the market for that item and getting the sale, but a couple of those and the previously established value is basically shredded, and potentially for quite some time. I understand it’s capitalism but it seems a bit short-sighted. You get a race to the bottom and eventually we all become “penny sellers” just to compete.

Seems like you could just sell them to a local record store for fifty cents to a dollar a piece, get a chunk of cash for the volume (which is what you are hoping for on-line anyway — an order for multiple items to justify the time and expense involved), and save yourself a bunch of hassle.

plikestechno over 6 years ago

If I charge actual shipping and packing costs it would just be too high. I already get lots of people wanting to cancel after they order even with my reduced prices because they don’t read the shipping charges first. Canada is just expensive. CD’s are ok to ship but vinyl is so expensive.

Maybe in EU and UK things are better and most of the super discount sellers seem to be from there but actual costs for shipping from me, if I include mailer, tape, gas (which I don’t), from Canada are.

13 USD in Canada for one record (I charge 12 now, was charging 10 until recently), marginally less for added records. I can ship 30 records for 20 USD for instance in Canada. Full tracking, insurance.

12 USD to US for one record (I charge 10), 16 USD (I charge 15) for up to 4 records, 23 USD (I charge 20) for up to 8 records and then small increments after that. Tracking, insurance or delivery confirmation possible now on small packets up to 4 records for an extra 5 dollars.

19 USD to Western Europe (I charge 18) for 1 record, 38 USD for 2-4 records (I charge 36), 55 USD for 5-8 records. No tracking, insurance, delivery confirmation possible. Tracking only possible via Xpresspost which would be 70 USD for one record or 120 USD for a box of 5-8 records.

22 USD (I charge 20) to everywhere else. 42 USD (I charge 40) for 2-4 records. 60 USD (I charge 58). No tracking, insurance, delivery confirmation possible. Tracking only possible via Xpresspost which would be 70 USD for one record or 120 USD for a box of 5-8 records.

plikestechno over 6 years ago

andygrayrecords over 6 years ago

Job lots, wholesalers, buy locally.

I buy lots of 1000 7″ singles for £100-£150, have an account with a wholesaler and buy from locals (via word of mouth).

I got 440 CDs (albums) from a local guy, on Tuesday. Knocked him down to £420.

So, my minimum price for these will be £2. (Discogs fee 10p; Paypal fee 31p; cost of item £1; giving me roughly 50p profit).

Sold a couple already, got a tenner and eight quid for them 🙂

plikestechno over 6 years ago

stevies45s over 6 years ago

rossross1976
I have listed a few under £2 just because I am new to Discogs/selling records & I am trying to build up a decent rating so that people know that I can be trusted. Hopefully it will pay dividends in the future.

djprojexion over 6 years ago

solarbloom
You get a race to the bottom and eventually we all become “penny sellers” just to compete.

I wouldn’t worry too much about that, there’s also quite a bit of over-pricing going on that drives the averages up.

Edit: also, the average or median price doesn’t take into account condition, so how do you factor that into the discussion? Whether someone lists a sealed copy for a dollar or a G+ copy, it’s all the same really.

stevies45s over 6 years ago

I personally think the sales histories on a single site (Discogs) and price guides (like Goldmine) are all mostly useless when it comes to deciding prices. I have this funny idea that a market itself is the most informative when it comes to setting prices. 🙂

As far as what prices “should be”, or if something is “over-priced”, I often wonder whether an author of a price guide should decide this, or actual buyers. I think the latter makes a lot more sense.

Looking at what the current prices are for a specifically graded record on two or more sites before setting a price is what makes the most sense to me.

I’ve found that some records here are either “under-priced” or “over-priced” compared to other venues like eBay.

stevies45s over 6 years ago

djprojexion
Edit: also, the average or median price doesn’t take into account condition, so how do you factor that into the discussion? Whether someone lists a sealed copy for a dollar or a G+ copy, it’s all the same really.

Naomis_bargains over 6 years ago

It’s basic supply and demand.
There are loads of things on Discogs where the minimum price is £2, but, can be picked up readily on Amazon for a penny.
If someone lists a genuinely rare item for way under value, that’s their choice. If it’s an in demand item, it will sell straight away and the cheapest copy then reflects the current market price.
As far as affecting the value of the record goes, I really don’t get this argument. As has already been said, the highest/lowest/median price takes no account of condition, but, also, prices can alter very quickly.
A new release CD that someone sells for £10 on the week of release will be lucky to fetch half that 2 months later.
Also, with many bankrupcies from the late 80’s onwards, previously rare items have dropped in value suddenly when a box full that’s been sitting in a warehouse for 10 or more years comes on to the market.

Furthermore, the complete sales history is readily available for those that can do the captchas.

transmutation over 6 years ago

supply & demand. but surely theres psychology behind demand. id argue people are less likely to buy something that costs .01 just because it costs .01. i mean, i could be totally wrong here, but i think people see a penny and think, i can always get that so why bother. or sometimes even trick themselves into not liking the music because the price is so cheap. and the opposite i think happens as well, a record is deemed valuable by the market gods and keeps getting more valuable, not just based on supply but also on a sort of collective delusion.

so yeh, what im sayin, supply and demand? sure. but supply and demand arent blind forces of nature. demand is a psychology.. and i think the race to the bottom is a bit of shooting themselves in the foot.

8892sales over 6 years ago

solarbloom over 6 years ago

transmutation
so yeh, what im sayin, supply and demand? sure. but supply and demand arent blind forces of nature. demand is a psychology.. and i think the race to the bottom is a bit of shooting themselves in the foot.

Above is a good example of what I think transmutation is talking about (and I agree) — someone got $18 for a sealed copy of this last fall, and the next seller who moves another sealed version is only asking $2 for it (and gets it, of course). Not sure if it’s the same seller who’s also selling another sealed copy now for $2 bucks again, but you can hopefully see transmutation’s point either way — we went from the first ever sealed copy netting a nice price to it plummeting to a couple bucks, and now the sealed copy threshold for current copies is also 2 bucks. Meanwhile, the fairly established price of $3 to $4 for VG+ copies now seems absurdly high based on the last sale and also the other Mint copy at the bottom of the list for a couple bones. You’d have to put your VG+ copy down for the Black Prince rate (88 cent props lol 🙂 or less to even catch a glance from a buyer (at least one who’s looking solely for this item).

Why not ride with the $18 price that just got laid down for the first Mint copy sold and at least try for. I don’t know. 6 or 7 bucks god forbid? Maybe over $10 or $15 even? Never mind that it pulls up the interest and value for everyone else involved in the process.

I don’t get it personally, why give away sealed copies of something that just sold for $18. Making the sale is grand, but isn’t part of the game pulling in as much money as possible within a reasonable window of time?

Anyway, sorry to whine and, again, I realize people should have the right to sell for whatever price they want (obviously) — i just don’t get the logic of it sometimes (like in cases like this one, clearly lol).

Just perturbed I guess because I’ve had a VG+ copy for a couple months and every time I go to list it I wonder if there’s a point lol. And Transmutation was completely correct with his urgency point concerning the psychology of purchasing an item that seems common and cheap in Mint condition — no one has bought the current Mint copy for $2 in the two months I’ve been watching it. Guess I’ll put a buck on mine as an experiment. Seems silly when I can just take it the local store and get fitty cent X-)

But I repeat myself from earlier posts, so I guess I should conclude.

G.Monk_Collection over 6 years ago

plikestechno
So how can people price records for 2 dollars or 2 euro or less and make it worth their time? How do you make any money?

I sell a lot of cheap records as I want to quit selling records. Sometimes I try to sell them as a lot but it doesn’t work unfortunately and I don’t want to throw them away and don’t want to put them on the attic yet, so that’s why people can buy them for cheap prices here, although that also hardly works.

(By the way: I don’t make any money on shippingcosts.)

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Great clips 7.99 sale 2019

SOURCE: https://www.discogs.com/help/forums/topic/364753


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