I need your help!

Ive got the prices of my listing up so I can run a permanet 25% discount on it (ive heard this is a good stratagie) but the prices on the store page are even higher then ive set them. Why is that?

It cant be because of the shipping becasue I have already made those costs in my product pricing, but for example i wanna sell a hoodie for 86$ with a 25% sale but on my store is the hoodie listed with a base price (with out the discount) of 102$ 

Greatly appreaciate every awnser on this topic!

 

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Re: I need your help!

I just looked at your shop and didn’t see any hoodie for $102, regular price or sale.  I’m in the US- I think this a country’s money adjustment, can’t think of the word I mean!

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Re: I need your help!

@sharonjenkins1 

 

I think you are right--I am seeing the correct prices --and I think you mean currency conversion, maybe?

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Re: I need your help!

@DXMXNWear I'm in Canada and I see the before discount price and crossed out 25% discount and new cost. The 1st item $73.80 less 25% so $55.35 and free shipping.

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Re: I need your help!

Running a forever sale is not a good business plan, and may even be illegal in some places (states, countries).  Besides when you do that it looks like you marked the price UP so you can mark it down. People who buy fabric know this is true of some of the retail fabric stores and will only buy when  there is a "sale" which is almost 100% of the time.  Personally I think this strategy cheapens your shop and your items

I'm sorry I do not know why your prices are not correct unless you have your settings for a country you are not in and it is showing the price in the wrong currency. . Hopefully someone will come along and has an answer for that.

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OneEyeCatStudio
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Re: I need your help!

 

And that is exactly why Etsy does not support permanent sales.

If someone wants to "run a permanent 25% discount" in their shop they will have to restart the sale every month.

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BlueAgateFarms
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Re: I need your help!

Raising prices to the claim a “sale” is actually not legal in the US. 

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Re: I need your help!

@BlueAgateFarms 

 

I was thinking this was correct but was not sure--thank you!

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Re: I need your help!

@DXMXNWear: Maybe you are technically correct, but you must have had the item available for a sufficiently long period of time at the higher price for the sale price not to be considered fraudulent. You may want to read the FTC regulations concerning "Guides Against Deceptive Pricing"

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Re: I need your help!

@DXMXNWear: "permanet 25% discount" Almost everywhere this strategy is illegal. Many jurisdictions have rules about long something can be on sale, some have rules that an item has to available at regular price for a certain time before it can go on sale, some even have rules about how often something can be on sale. If you are selling in or to the US you are breaking the law by having what the FTC calls "near-constant sales".

 

That being said, there seems to be a flaw with how Etsy shows sales prices in jurisdictions that have a VAT - it seems that sometimes regular prices are shown without it, sale prices include the VAT.

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Re: I need your help!

@ThePurplePuppy   Yes, that’s it - thanks!

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Re: I need your help!

Since you're in Germany, what you are seeing is what happens when you start a sale -- VAT is automatically added by Etsy to the sale price and  that's why you're not seeing what should be the correct discounted price.  Other countries will see a different VAT %.  I'm in the US and I'm seeing the original price crossed out and the correct 25% discount.

You should be aware that running a ''permanent'' sale is not a good strategy.  It's actually illegal to run a never-ending sale.  Why not just sell them for the lower price?   In my opinion, even the sale prices you now have are still on the higher side.

 

 

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Re: I need your help!

@TheVintagePineapple 

 

I wwas thinking the same thing on price . The most I have ever paid for a hoodie was 55.00 and this was at our National dog show specialty and had the show logo printed on it. 

I think the OP is using a POD and maybe that is the least he can sell for and make a profit. But I do think he has a "hard row to hoe" as we say here.

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Re: I need your help!

Thanks for the replie ive looked it up on goggle and they said there that it would be a god strategy.

I didnt knew that it was illegal but now I know.

And for my prices I think 64$ for a hoodie with 440 gsm is pretty good or is it to high??

 

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Re: I need your help!

@DXMXNWear No, it's not a good strategy in the long run.  Buyers (and repeat buyers) who view a shop's listings often will begin to notice that your items are always on sale.   To put it nicely, it's sneaky.   Over the years, I've unfavorited quite a few shops and items once I realized those sellers were using that ''strategy''.

eta - The lowest hoodie price I'm seeing is $73.59 (USD).  Add the necessary tax and the total price is $80+.  It would have to be a very very unique design for me to buy it.

 

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FeltOnTheFly
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Re: I need your help!

In my opinion, a permanent sale is not a strategy at all.  

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DesertChains
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Re: I need your help!

Don’t believe everything you read on the internet, especially if the source is neither credible nor official.

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Jewels2at
Community Maker

Re: I need your help!

@BlueAgateFarms  is correct.  This is what I found on Google.

The FTC considers it deceptive to offer an item for sale at a higher price for a short period of time in order to support a claim that an item is discounted when the price is then lowered. This practice is prohibited.

https://www.lawpublish.com/ftc-decprice.html

§233.4 Bargain offers based upon the purchase of other merchandise.

(b) Where the seller, in making such an offer, increases his regular price of the article required to be bought, or decreases the quantity and quality of that article, or otherwise attaches strings (other than the basic condition that the article be purchased in order for the purchaser to be entitled to the ``free'' or ``1'' additional merchandise) to the offer, the consumer may be deceived.

 

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Re: I need your help!

Misleading price reduction claims are also prohibited in the EU. 

Price reduction claims such as “was € 50, now € 25” can be misleading if the initial selling price (known as “anchor  price”) has been inflated. In all EU countries traders are obliged, when offering a discount, to indicate the lowest price applied to the item at least 30 days before the announcement of the price reduction. This information allows you as a consumer to assess whether the discount is genuine or not.

Also I find permanent sales, especially high % like 25% off devalue your brand. I'd shy away from sales, and only use them when needed. It's not a race to the bottom. 

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Re: I need your help!

I don't know why your prices aren't right, but marking things up just so you can mark it down with a fake sale is illegal most places.  Customers are smart enough to know if you are always having a perpetual sale that that is what you are doing. It makes them feel you are dishonest and actually avoid your store instead of buying more.

Having sales all the time also trains your regular customers to never buy anything from you unless it is on sale, so you never get full price. You'd do better to just price fairly.

I don't think you should have more than 10% to 20% of your store on sale at any given time, and have sales infrequently unless you are just trying to clear out dead inventory. Then give deep discounts just to get your money out of it so you can invest the money into something more profitable. There is a reason why most brick and morter stores don't have store wide perpetual sales. 

I am seeing your sweatshirts at $73.59 regular price and $55.19 at 25% off. The difference you are seeing may be the exchange rate between German marks or Euros or whatever your country uses and the value of a US dollar, which fluctuates all the time.

You can't expect as high a markup on POD products as you would make if you were printing them yourself. You may be setting your prices a bit high to be competitive. And 12 products is barely a drop in the bucket in such a highly competitive niche as POD, so you aren't getting found often enough. And in the US people aren't that keen to buy products made in China. Most people here equate that with poor quality. I would pick one of the more mid range production partners located in either  the EU or US. If people don't notice it is made in China and it shows up with Chinese writing on the package, that is just asking for a bad review.

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Betreff: I need your help!

And what can I do so the store is showing me my set price with out the VAT??

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