Who determines the asking price of an item and how?
CurationUpdated Sep 1, 20261 min read
On Whoppah you determine the asking price of your item and whether it can be bid on.
On Whoppah you determine the asking price of your item and whether it can be bid on.
The asking price is the amount the buyer pays for the item. Keep in mind the commission (12.5% for individual sellers, 16% for business sellers) you pay per sale. So, think carefully about how much you want to earn from the sale.
When determining your asking price, consider a 50% to 70% difference from the original price. Also consider the item's condition.
Not sure what price to ask for an item? Then check Whoppah for similar items that are for sale or have recently sold. Unfortunately, our team cannot provide price recommendations.
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