Sunday, October 5, 2008

Selling Online - a dilemma

First of all, i am so sorry for not being able to post from the past month, i was caught up in a few things so didn't really had the time...
Now however, i would be posting regularly.... :)

Karan




Online Sales

One of the things that I have come across a lot while trying to sell thing online is that no matter how low you price a thing, people would offer you a lower price. You put up a thing for sale at a so and so price which you think is the best price for your second hand product due to its condition and working order. Of course this price is just slightly higher than what you would be getting if you sell your product in the local market. But as soon as you put it up for sale, you notice two things for sure.
a) Loads of people would say, what a great price the product is being sold at here
b) There would always be a group of people who would say something like “ Oh I just brought something like this last week, else I would have bought it from u”

Now, here comes the interesting part, even thought the price has been mentioned to be a great one for the product, the offers that you start receiving would be of a lower value. They would be easily 1000 to 2000 below the price you mentioned, with a small statement next to it “this is what I can offer, if interested please tell me”.

Perhaps it’s the mentality of the Indian consumer that one has to bargain no matter how good the price is, or is it just that they believe that the other person is trying to cash in over his second hand product and it’s not actually worth the price he is selling it for.
Now, why would the seller who is getting a higher price in the marker that being offered, sell it online?

I always prefer to sell things online myself, as the person on the other end can check the product before buying, satisfy himself then pick the product if he fancies. But all this lowballing of prices has made me wonder if it is even worth selling online, especially in India.
When an internet savvy person like me is having second thoughts about selling things online due to this scenario, where does a simple person stand????

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