Over priced offers and dropshipping

[Graybeard]

Twitter allows comments

https://twitter.com/x/status/1603980365865316352

https://www.amazon.com/dp/B077XTYKBQ?ref=ppx_yo2ov_dt_b_product_details&th=1

Always check the well known competition's price!

Working with ads for e-commerce is not easy ....

 

[Graybeard]

I have a self-cleaning oven but these are good for power scouring pots and pans but the over-spray can be a problem.

 

[graceshen]

There is a crisis now so prices have risen everywhere

 

[OscarMike]

Good find. I saw one with lots of orders on AliExpress selling for $8.39. A lot of dropshipping "gurus" are teaching students to price the product at 3X their Cost of Goods Sold (COGS). So 8.39 x 3 =just over $24.

 

[jens irving]

Prices are crazy at the moment, that's the reality

 

[Graybeard]

Overall, prices are moderating, is some limited cases, declining in the US now.
But that wasn't my point --the point was FMV (Fair Market Value) price of an offer.

Example:

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https://www.amazon.com/dp/B08S6M3NXV

Amazon $7.99 Prime

twitter promoted ad:

Portable Stainless Steel Rolling Rack - umorady.co

This is a space-saving kitchen must-have made from 304 stainless steel which also doubles as washing and defrosting station for ingredients Fast drying the cookware or stemware prevents water buildup on the countertop. Great for washing fruits and vegetables or defrost meat. Heat-resistan

www.umorady.co

$21.99 offer ad

That ad failed to convert it only sold the idea well. No sales conversion. Overpriced the fair market value. Maybe, I just am not a chump Most, or many, people comparison shop --the internet has made that rather easy. Also, how well is the seller trusted?

 

[Graybeard]

Example:

Just got delivered -- looks like the identical item --looks like it will do the job.

 

[redplanetpk]

I think due the inflation the prices are going high with the time ..