Quantity, son. I see you have three. None of my buyers have bought fewer than eight. Also, all but one buyer has been overseas… thing is, people who can just drive to ToysRUs and get one for $5 aren’t likely to pay $10 right now. Once the TRU inventories dry up, I’m sure the locals who missed out will pay up, but until then, the biggest market is people who can’t get to TRU conveniently.
But I also listed the first batch at $8.25, and the next at $8.37, to facilitate quick returns on investment. I looked at the Price Guide, and saw that the cheapest listing (on Wednesday) with higher quantity than me was at $8.29 or something like that, so I listed my 20x at $8.25. Then on Friday night, similar deal – I had 28x, cheapest seller with more than 28 was at $8.39, so I listed just under him at $8.37.
It all depends on your goals – this time, I decided to go for a smaller profit margin but an immediate payout. If I held on to them, I could probably get $10 or more for each one, but I’d have to wait longer. As is, I invested $112 for 20 polybags, made $150ish, then reinvested that money immediately into 28 more, and made $225ish. Inventory turns sometimes trump margins… #LordBusiness #BiznisKitty