Things to consider when pricing your item.
The item itself, The RRP of the goods when you bought it, Desirability, Condition and quality
Research similar products. Does the price you are thinking add up? Make sure you are not way off the mark.
Determine your target audience. Get a clear picture of who will buy your items.
If you are still confused………
We also have a saying at MOM which is the 60/40/20 rule. But this is only a quick guide and only use if you are unsure of how to price your goods
If your goods are new or nearly new use the 60 method which means price your goods at 60% of the RRP.
If your goods are in good condition but are 1-2 years old then we suggest on using the 40 method. 40% of the RRP.
If your goods are a little tired but still in good enough condition to be useful to other Mums then we suggest using the 20 method. Which as you may have guessed means 20% of the RRP.