Do you have a minimum price for stamps that you list for sale?
Without getting into anyone's "secret sauce", I'm curious if people are willing to share what their minimum listing price is for a stamp. For example, if you have low-value stamps in your store, do you list them for a percentage of the Scott minimum value (currently $0.25), or do you floor the price at a certain level? Will you list a stamp for a dime?
I will admit that I have stamps listed for $0.10 and lower. I use a fairly rigid pricing approach, and if I have a minimum value stamp that is hinged but is priced in Scott only as never hinged, I could end up under ten cents.
Not looking to judge anyone's choices ... we all have different circumstances, pricing models, and income requirements. I'm just curious how others have approached the bottom end of the sales curve.
Thanks for your willingness to share!
Rob Welander
Prairie Stamps
I will admit that I have stamps listed for $0.10 and lower. I use a fairly rigid pricing approach, and if I have a minimum value stamp that is hinged but is priced in Scott only as never hinged, I could end up under ten cents.
Not looking to judge anyone's choices ... we all have different circumstances, pricing models, and income requirements. I'm just curious how others have approached the bottom end of the sales curve.
Thanks for your willingness to share!
Rob Welander
Prairie Stamps
Comments
I am not trying to make a living on what I am selling. Instead, I am just trying to liquidate a large accumulation. It is my hobby so it is intended to take up my free time and not to make a boatload of money.
Jacques had one stamp that I wanted. I ended up buying 30
Everyday I add new items if I'm not buried with orders, which is my priority to ship FAST!
Thanks for your support.