How can one determine asking price when there is no history of sales?

Discussion in 'Marketplace Discussions' started by Kal Rubinson, Jan 15, 2023.

  1. The Hud

    The Hud Breath of the Kingdom, Tears of the Wild

    AaronW likes this.
  2. Dave

    Dave Esoteric Audio Research Specialist™

    Location:
    B.C.
    Just so you know OBO is forbidden in our Forums Classifieds.
     
  3. Kal Rubinson

    Kal Rubinson Senior Member Thread Starter

    Location:
    NYC
    I acknowledged that in my opening post. It is one reason why I needed more information before offering the discs for sale.
     
    Dave likes this.
  4. bresna

    bresna Senior Member

    Location:
    York, Maine
    You could always sell them for what you paid. Just make sure that you have the buyer pay the shipping. It's always good to break even. I've lost money on a lot more money selling used CDs/LPs/SACDs than I have made. :)
     
    Spitfire likes this.
  5. Dave

    Dave Esoteric Audio Research Specialist™

    Location:
    B.C.
    Apologies, I was tired and missed that part of your post Kal.
     
  6. kwadguy

    kwadguy Senior Member

    Location:
    Cambridge, MA
    Common stuff is next to worthless. But rare stuff can bring a lot of money.

    Like anything else, you need to be knowledgable about the area.
     
  7. Bvinyl

    Bvinyl Well-Known Member

    Location:
    Bryant, Arkansas
    I think the best offer idea makes sense. The challenge I see in setting the price is determining the interest in what you are selling. If you can get enough offers, I think you could settle on what a good price would be. If I couldn't get enough offers to decide what a fair price was, I think I would start high and slowly reduce price until it sell.
     
  8. quicksrt

    quicksrt Senior Member

    Location:
    Los Angeles
    Is there a reason you don't currently do Discogs for selling? I've found it the best place to list items, especially the ones that might take 6 months to a year to get a buyer. I had started listing items 10 or 11 years ago on Discogs and gave up with too many of my items having no entry there. Flash forward to Mar. 2020, the week covid-19 shut everything down and I used that time to try and relisting all my extras and found the database had improved dramatically. So items I listed in Mar. of 2020 are still finding buyers as of this week. If one has the time to sit back and wait for a bite on the line, it's pretty good selling there. And I remember thinking that there would never be an alternative to eBay or Amazon, and here were are with somehti9hng better.
     
  9. ChefBrunch

    ChefBrunch Forum Resident

    Location:
    Hawaii
    About 3.50
     
  10. quicksrt

    quicksrt Senior Member

    Location:
    Los Angeles
    Yeah, $35 (each) might be about right, I agree.
     
  11. Kal Rubinson

    Kal Rubinson Senior Member Thread Starter

    Location:
    NYC
    I will look into it. Somehow, I always regarded it as a site for commercial sellers.
     
    Tim 2 likes this.
  12. Ken Dryden

    Ken Dryden Forum Resident

    Nope, many of us on Discogs are individuals who buy and/or sell music, not necessarily for profit, but to add to our collections and sell off duplicates and unwanted items.
    That's not to say that I don't keep my eye out for underpriced items locally to buy and resell on Discogs on occasion, but that is the exception rather than the rule for me.
     
    Dave likes this.
  13. Prophetzong

    Prophetzong Forum Resident

    Location:
    NE WISC
    But it was rather comical. :p:p:p:p
     
  14. Prophetzong

    Prophetzong Forum Resident

    Location:
    NE WISC
    Well there is your answer. $81.52. :laugh:
     
  15. cwd

    cwd Forum Resident

    Location:
    Clarksville, TN
    true dat!
     

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