Quote Originally Posted by DefendPopPunk View Post
"Well, I may be getting 80% less than what it was initially worth, but at least my stuff sold." Congratulations you're homeless.
1000x this.

What most people fail to understand is that the buyer for your goods is not going to find it immediately, but rest assured, they ARE coming, and if your item is at the lowest price when they seek it, they're going to buy it.

If an item sits on sale for 3 or so days and yet is the lowest price and STILL doesn't sell, sure, mark it down. Until that happens, the only thing you're doing by undercutting is ensuring the product will sell to someone looking for idiots who are selling things well below their cost to relist them for what it's actually worth.

Seriously, we have SALE HISTORIES for a reason...