I have had great success selling used men's Ralph Lauren shirts and jackets on eBay. To pay for these items straight from the store now seems quite ridiculous to me when I have seen that they are plentiful at thrift stores. Most of the items I see in thrift stores are in fairly good condition too. I wish more people would take advantage of being able to get bargains at thrift stores on brand name items. They could save money AND dress nicely.
For instance, this Polo Sport jacket, a division of Ralph Lauren, was hanging on a Salvation Army thrift store rack. As soon as I saw the label, I got excited about it. I checked it over well and didn't see any rips, tears or stains. I was quite excited to only pay $2.49 for this jacket. Once I got it home, I did notice some dark marks on it, but one wash with Tide and Biz (great for getting stains out of clothing) and the jacket was like new.
I listed the jacket originally for $29.95 after comparing it to similar jackets online. It didn't sell for a couple weeks. Because I am impatient and don't want to wait for a long time for buyers to decide they want my items at a premium price, I marked it down to $24.95, as a "buy it now" listing. Within one week of the markdown, it sold at that price. I was thrilled to say the least! After I took out the amount I paid for the jacket, plus the approximately 15% I had to pay in eBay and Paypal fees, I still earned a profit of $18.72. Not bad in my mind for something I am having so much fun doing. Not only do I get a thrill from finding these bargains, but it's also a thrill to sell items and know I have helped someone else find something they want on eBay at a fraction of the price they would have to pay in a store for the same thing.
Although long sleeved Ralph Lauren dress shirts can easily bring in $12 to $15 each, I am currently doing well with Ralph Lauren short sleeved button down shirts which I sell for $9.95 each. Here's one of my favorites that was recently purchased.
Now I could ask for more, and I would probably get it too, especially on the long sleeved shirts. But I am a bargain hunter by nature and the fact that I wouldn't pay exorbitant prices for brand name items means I am not going to charge others really high prices just because I have paid a small amount for something and it has a brand name on it. I have only recently opened an eBay store and I am hoping that I will have repeat customers once they buy from me and realize my prices are not really high. I think people shop on eBay to find bargains anyway. What are your thoughts on pricing items on eBay?