Sellers: When do you drop your price?


Selling my first piece of gear.  I've had a lot of views but no offers. It's been about 5 days. Great condition, 2 years old, offering about about 1/3rd off. No original box.

Perhaps all gear is particular, so if that's so, we can end this thread right here. But in case there's a general bit of advice, How long do you let an ad marinate before adjusting the price?
hilde45

Showing 1 response by strateahed

@yogiboy +1
@stereo5  +1
@jdoris  +1 


A lot of views and no offers clearly indicate pricing too high and/or not enough demand to generate offers near the asking price. Also, there does not appear to be much of market for that particular brand.   

If it were me, I’d start with what I paid for used equipment as my initial asking price (plus 10% at most); and then be willing to back off some percentage (10%-20%) off of that to move it. Presumably I’ve gotten some enjoyment out of the gear and won’t really leave much money on the table when I sell. 

With 300+ views in 5 days, why wait to start dropping price in order to spark some interest? Just my 2 cents.