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<p>[QUOTE=&quot;komokwa, post: 161977, member: 301&quot;]You buy something for X</p><p>You do a business costing for your expenses.... Y</p><p>You figure out what level of profit you need to be sustainable ... Z</p><p><br /></p><p>X + Y + Z = your retail selling price </p><p><br /></p><p>You search auction sales, web sites ,ebay &amp; other online sales to see if your retail price is average , high , or low for the kind of item you&#039;re selling.</p><p><br /></p><p>If your price is too high, then you paid too much to acquire the item , &amp; have to buy at a lower cost.</p><p>Or...your expenses may be to steep for your business model.</p><p><br /></p><p>If your price is too low....you can raise it for a higher profit , or to allow a discount at the time of sale.</p><p><br /></p><p>If it&#039;s average......then you know the market &amp; can repeat what you&#039;ve been doing.</p><p><br /></p><p>IMHO.[/QUOTE]</p><p><br /></p>

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