Are my prices too high?

[Former_Member]

Hi everyone!
Thanks for letting me join this team! I am excited to be a part of it!

I just opened my shop a few days ago. I priced things based on the pricing equation Etsy discusses in the Seller Handbook & now I'm wondering what all of you think. Would you mind checking out my shop and letting me know if you think my prices need some adjustments? Thank you!

http://www.etsy.com/shop/CAKEWALKvintageCO

Bridget

[Former_Member]

Hey Bridget! Cute shop! I love your pictures, you've done a great job. I'd say your prices are very reasonable as well. I'm eager to see what items you add to it in the future! Keep up the good work! :)

[Former_Member]

Thank you for the input Nicole! :-D

[AnnakesGarden]

Bridget,

I haven't spent much time in Etsy's vintage shops, but based on what I've seen in brick-and-mortar shops and that infamous auction site that begins with an "e", your prices are just fine; and your shop is attractive.

Work on your shop's SEO (since you're new, that's Search Engine Optimization): for instance, your shop section labelled "Shop Announcement" really isn't best used for shop announcements, but is VERY important for attracting potential customers on Google -- one of those things they don't tell you about when you're first setting up your shop here on Etsy.

JD (Annake's Garden Gnome)

[Former_Member]

I'm not a pro at Vintage Shops by far but I LOVE your photos. You have done an excellent job. I think your prices are reasonable and you shop is amazing. Work on your SEO a bit more but that's all the advice I can give you.

[Former_Member]

Thanks JD for the tip on shop announcements. I didn't really know what to do with it and was tempted not to put anything.

Cheri, thanks for the compliments! I think you're right SEO is top priority.

[MarsBling]

First of all, great photos. You may want to consider pricing the books on a rare book dealer site, since they tend to depend more on edition, competitor costs, etc.

[Former_Member]

ohhh good point Susanna!

[MarsBling]

No prob. Its a great question. Started my own thread on the topic just the other night as I recently raised prices on my shop.

If your consulting an official price guide of some sort you also might want to reference it. I always quote my social media rates (the other thing I do) as the annual "Writers Market" guide average because I use it to determine my rates.