Ostroff, Fair and Company
*Ostroff, Fair and Company>>>Other - Business & Finance

How can some ebay jewelry sell greatly below retail?



I am fully aware that some maybe fakes but I've seen those who have a have scores in the thousands or tens of thousand with 99%+ rating which is a good sign that they are honest sellers. For an example one seller I saw was selling for 8 years on ebay with a score over 10000 and 99.9% +feedback. So how can they do it. Is the answer simply that jewelry stores are selling everything overpriced.

EBay seller do not have the same overhead associated with owning a shop
just b/c they have good feedback doesn't make their article authentic
Yes, basically the vendors that deal with these stores sell it to them for 1/3 of the price that they sell it for. My step-mom used to own a jewelry business, so I know how it works. For instance, she has special "vendor catalogs" that she'll buy either loose stones, settings, all of the pieces of a ring out of and then assemble it and sell it for 3 times what she paid. That's the mark up. My assumption is that these ebay stores are not selling it at vendor cost, but still getting their profit I'm sure.
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