Vinted - am I starting too high?

@AffableApple
Re Vinted v eBay. I always preferred eBay as a seller as better sold prices. But there was fees plus I do get returns if the items don't fit.
Vinted is good but prices are lower and I tend to get lower offers at times.
With no fees as a buyer eBay can be cheaper at times.
I guess it depends what you are selling.

Jellycat as you mentioned are sought after collectibles, particularly retired items so will go for more. I understand you not wanting to lose money but try offering bundles and reducing the price a bit too x

This is definitely true! I ignore the recommend price entirely and usually get more especially with boden stuff.

I do similar, rather than underselling I'd rather just give it away!

Agree that should be about a tenner - you need to be realistic. Look at similar items to yours.

In my case it’s bought it and forgot all about it!

Thing is, by the time you add fees and postage that £25 item is costing £30 or more and you know it's been sitting in someone's cupboard and you can't return it so might as well just buy new. I think half original price for new items is ok for brands like next, M&S but you'll be lucky to get that for a supermarket item. I'd probably put it on for 10-15 and then lower it is not sold within a week. As a general rule I'll price things in very good condition for max a third of original price.

People do still take chances on newbies, particularly if items are a low risk price. Vinted will offer free postage on the first item you sell so this helps to get people buying (and hopefully reviewing). Vinted will also generate you automatic positive reviews if you complete the sale on time.

When someone buys from you and it goes well, leave them a positive review and it might prompt them to return the favour 👍🏼

And me. Or bought I because I liked it in the shop but never go anywhere to wear it.

a five year old supermarket item? Yes you are pricing that wayyyyyyyyyyyyy more than it should be

A tenner and you would be lucky to sell

£25 then add postage and fees, it will be well over £30. And they can't return it. Definitely not worth it. Try putting it on for a tenner

I always assume anything ‘brand new with tags on’ has been shoplifted! Sorry.

For me as a seller it means “Bought in the hope of slim into it but actually got fatter” 🙁

I wish I was that good at shoplifting. I never take tags off anything I've bought until I'm ready to wear it! Bought loads of office clothes in 2018-20 which I now do not need as permanently WFH

Yeah, I used it to get a few quid on things in the hope they're re-used.

It’s a fools game to reference the purchase Bruce on Vinted. Instead think of it as creating space in your wardrobe in return for some “free” money

I always assume anything ‘brand new with tags on’ has been shoplifted! Sorry.
still think an item a few years old selling at £25 is massively overpriced!

How do you find selling on Vinted rather than ebay? Is one better than the other in your experience? Thank you.

1. Good reviews
2. Good prices - Vinted usually shows you sold item prices when you list, on eBay you can actually search for sold items.
3. Good photos - in 4:3 aspect.

I'm also new to Vinted, after years of selling on eBay with a 100% seller rating there, it's quite something starting with 0 reviews! My first 2 items were sold because they were desirable brands and had good descriptions, sold for £5 and £15.

I'm annoyed that buyers don't get positive auto feedback, though. So can't rely on buying something yourself and the seller leaving you good feedback, unless you ask them to.

I made 2.5K but was selling Toast and other brands, much of it last season as I lost weight due to illness which will be permanent.
Supermarket stuff just went in the charity bag.
Even Boden or Joules goes for £10 at best.

Vinted is absolutely saturated with stuff, put it on for £7 and you will get £5.
If you haven't worn it in 5 years it's worthless to you anyway.
Buy a few things to get feedback first, I don't touch zero feedback sellers.
If you want to shift stuff price low, buy a pack of grey bags and post same day, communicate well and leave good feedback for buyers.

People want bargains on vinted end of. You do feel like you are giving stuff away sometimes but that's how it is. I've made over 2k since I joined a couple of years ago but I'm definitely not making money. I just buy a lot of clothes.

Realistically you'd be lucky with a tenner, but probably even less tbh OP.
You've had it for 4 years, cut your losses and just get rid of it rather than holding out for a high price. Now is the best time to sell coats, if is going sell.

Way too high for a supermarket clothing item.

I listed a girls proper wool Zara Cardigan for £2 that nobody wanted to buy. It went onto ebay auction and sold for 99p. Similarly I had a girls Zara mint condition party skirt couldn't sell for £1.50.. girls new Joules Christmas dress new with tags rrp £65 I couldn't get £5 for. Unless it's something that is always needed. I reduce after 4 days, then relist it cheaper after 7. After two weeks i donate it. It's a saturated market.

JellyCats are in high demand and often sold out.

A five year old supermarket item of clothing isn’t what people want unless it’s £2-£3.

I think a dress that is fitted is often trickier as it’s hard without trying on, also there’s a lot of competition as literally thousands of worn once evening dresses. Clothes that are a bit forgiving size wise a jumper dress or more every day are an easier sell.

I think you’re thinking about the value of an item in quite rigid terms. So you paid £40 for this Tesco coat new. It hasn’t been worn, still has the tags on; therefore it’s still new and £25 is a bargain, right?

What you’re not considering is that, while it’s “new” as in unworn, it’s old stock now. There’s a reason why full price products still sell even when the sales are on. Also, perhaps more importantly, your market is way, way smaller than Tesco’s was for this product. In a busy supermarket where shoppers are coming through all the time, maybe not even looking for a coat, they might spot this and think “Ooh, that’s nice”, pause to try it on… people aren’t doing this on Vinted. Also, the shopper who sees the coat in store could be any size - and if they haven’t got a 12 or a 16 in store, they might have it in by next week, or online, or in a different store. You might find a buyer who likes your coat, but if they’re a 12 and your item is a 14, they can’t contact you and ask if you have any 12s in stock instead - they just go to look for something else.

Also, think about what else is on Vinted. The £25 you want for your new Tesco coat might buy them a second-hand Reiss or Hobbs coat. Yes, it will be used while your item is new, but it was worth way more to begin with. You’re dealing with a different kind of competition.