Discussion Forum: Thread 373119

 Author: hsonier18 View Messages Posted By hsonier18
 Posted: Oct 11, 2025 10:24
 Subject: Profit from purchases
 Viewed: 177 times
 Topic: Selling
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hsonier18 (82)

Location:  USA, Virginia
Member Since Contact Type Status
Oct 4, 2024 Contact Member Seller
Buying Privileges - OKSelling Privileges - OK
Store: Hailee’s Bricks
Im open to suggestions on how to raise profit slightly on my items. Currently
my parts are 50% below average, but I was thinking of raising it up 25% to have
them 25% below the average. I sometimes seem to only make ~$1 on some purchases
that are small.

Any ideas are welcome!
 Author: 1001bricks View Messages Posted By 1001bricks
 Posted: Oct 11, 2025 10:36
 Subject: Re: Profit from purchases
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 Topic: Selling
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1001bricks (55782)

Location:  France, Provence-Alpes-Côte d'Azur
Member Since Contact Type Status
Sep 6, 2005 Contact Member Seller
Buying Privileges - OKSelling Privileges - OK
Store: 1001bricks
In Selling, hsonier18 writes:
  Im open to suggestions on how to raise profit slightly on my items. Currently
my parts are 50% below average, but I was thinking of raising it up 25% to have
them 25% below the average. I sometimes seem to only make ~$1 on some purchases
that are small.

Any ideas are welcome!

Base your prices on nothing else than the buying price and the margin you wish
to make.
Simply ignore the price guide average.
I mean, that's a base idea, of course it could/should be more sophisticated...
 Author: yorbrick View Messages Posted By yorbrick
 Posted: Oct 13, 2025 03:20
 Subject: Re: Profit from purchases
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 Topic: Selling
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yorbrick (1208)

Location:  United Kingdom, England
Member Since Contact Type Status
Apr 11, 2011 Contact Member Seller
Buying Privileges - OKSelling Privileges - OK
Store: Yorbricks
In Selling, hsonier18 writes:
  Im open to suggestions on how to raise profit slightly on my items. Currently
my parts are 50% below average, but I was thinking of raising it up 25% to have
them 25% below the average. I sometimes seem to only make ~$1 on some purchases
that are small.

Any ideas are welcome!

If you've been selling at 50% below average, chances are any good stuff has
already gone so raising your prices by 50% to 75% of average won't lead to
more sales.

If you want to sell at higher prices, you'll need to add more stock.