- Joined
- May 10, 2012
- Messages
- 997
They seem to have started from the wrong baseline on the prices. They seemed to have looked up new prices and assumed that the used ones would go for some fairly large multiple of that (like 50%). The problem is that there is a glut of these types of items, so they don't go for very much, even if sold per piece, and the larger the lot the less per item they go for. They should have looked up sold listings for large lots of drill, reamers, etc which would have given them a good baseline. If they really wanted to maximize their profit on this, they would need to sell the items separately and provide better descriptions. For a lot like this, with a lot of items that are the same size this wouldn't even be that difficult, maybe 20 listings instead of one. It would take much longer to sell, though.