I know we've had a bit of discussion about this but I thought I'd throw in my two penneth following a few people contacting me recently about a guitar I have for sale.
I've seen views that you've got to price a little higher to let people haggle you down and feel good about themselves.
But I've also seen the view that that's BS and you should go for your lowest price and go firm. As it just wring to price high.
So here's a case study...
My Gibson ES335 currently for sale on here -
Fretboard £1600/ £1575/ £1500 - Drop it till its hot.
That's nice mate, what's the weight, neck size and does it play itself at gigs? I might be interested, just need to ask the other half and sell a kidney.
Ebay £1675 - The offers approach.
Good old Fabio offers me £1500 to send it Italy.
Gumtree £1500 - The price it low for a quick sale approach
Will you take £1350 and drop it off at my house/ I mean shop, where I've got 84 guitars and amps listed on Gumtree for sale. You know who he is.
I think my point is the lower you price the guitar, the lower the offers you get.
Albeit I've sold stuff stupid cheap on here in minutes (but at the same time been offered even less).
Any thoughts? :-)