People selling for cheap

Learn & share techniques, strategies, and experiences on marketing your plasma cut products in this forum.
Post Reply
wickedinhere
Elite Contributing Member
Elite Contributing Member
Posts: 747
Joined: Thu Jun 09, 2011 9:03 pm

People selling for cheap

Post by wickedinhere » Thu Dec 03, 2020 7:41 am

I keep seeing this one business selling items for cheap on a Facebook ad so i clicked on it to check it out.
I saw this 24 inch sign and the price is 49.99 how can that be seems really cheap for that detail and size.
IMG_2419.jpg

You do not have access to view or download this file.
Become a Contributing Member to gain access to this feature. Click Here


srtstan
Posts: 9
Joined: Fri Sep 25, 2020 1:12 pm

Re: People selling for cheap

Post by srtstan » Thu Dec 03, 2020 9:19 am

My guess is volume. Get on Alro steel look at the price per sheet when you buy 2 sheets versus if you buy 50 sheets of steel. Between that and if you get enough orders of the same items its easy to program and nest them together.

adbuch
Elite Contributing Member
Elite Contributing Member
Posts: 1596
Joined: Thu Sep 21, 2017 5:22 pm
Location: Tucson, Arizona
Contact:

Re: People selling for cheap

Post by adbuch » Thu Dec 03, 2020 6:13 pm

I agree with Stan. If they are doing enough volume, the cost of goods will drop. On the other hand, this may be an individual willing to work for $10/hr.
David

wickedinhere
Elite Contributing Member
Elite Contributing Member
Posts: 747
Joined: Thu Jun 09, 2011 9:03 pm

Re: People selling for cheap

Post by wickedinhere » Fri Dec 04, 2020 6:47 am

Yeah i figured at that price they would sell like hot cakes.LOL I guess as the market gets flooded more and more prices will keep dropping.

4Dscreenart
Elite Contributing Member
Elite Contributing Member
Posts: 26
Joined: Fri Sep 13, 2019 11:10 pm

Re: People selling for cheap

Post by 4Dscreenart » Sat Feb 13, 2021 9:07 pm

When I started FB marketplace, it was really good for me in my area. Seemed like I was the only one and now it is flooded with people willing to work for 10/hr as adbuch said. That or they are using really thin material to cut cost. I saw one big company advertising a 24-inch wall sign stating it was "HEAVY" 16 ga steel. We all know that thing must be really flimsy and floppy, but the general public doesn't realize the higher the gauge the thinner the material.

ian.
Elite Contributing Member
Elite Contributing Member
Posts: 26
Joined: Fri Nov 16, 2012 9:28 am

Re: People selling for cheap

Post by ian. » Tue Feb 16, 2021 8:48 am

Or they work for a company that will let them use their equipment for personal use after hours. When you don't have to buy equipment it makes it much easier to sell cheap.

User avatar
tnbndr
Elite Contributing Member
Elite Contributing Member
Posts: 1525
Joined: Mon Jan 09, 2012 4:30 pm
Location: New Berlin, WI
Contact:

Re: People selling for cheap

Post by tnbndr » Tue Feb 16, 2021 9:45 am

People ask me all the time, "can you make me this for this price". I say, nope, buy it from them.
I know my market and the price I need to charge to pay for consumables, electricity, gas, wire, etc. Stick to your price and don't worry about the competition.
Dennis
LDR 4x8, Scribe, DTHCIV
PM45
DeVilbiss Air America 6.5HP, 80Gal., 175psi, Two Stage
16.9scfm@100psi, 16.0scfm@175psi
Miller 215
RW 390E Slip Roll
AutoCAD, SheetCAM, Mach 3
https://www.facebook.com/ikescreations?ref=hl
http://ikescreations.com

Post Reply

Return to “Pricing, Advertising, & Marketing Your Products Forum”

Industry Pros use FastCut CNC