We have found that including an accurate price in your listing is extremely beneficial to everyone - the listers and potential buyers.
For listers, the benefits include the following:
- Enhanced search visibility: Listings with complete information, including price, are more likely to appear in search results especially when users sort or filter search results. This increases the visibility of the seller's listing to relevant buyers, attracting more potential buyers and improving the chances of a sale.
- Faster sales process: Clear pricing information streamlines the sales process by reducing the back-and-forth negotiation between buyers and sellers as it removes enquiries that are solely about price. Serious buyers are more likely to make inquiries or purchase directly when they see a listed price, resulting in quicker transactions.
- More positive user feedback: Providing a seamless browsing and purchasing experience, facilitated by clear pricing information, can lead to positive feedback and reviews from buyers. Positive reviews can further enhance the seller's reputation on the platform, attracting more buyers in the future.
For potential buyers, the benefits include:
- Better user experience: By providing clear pricing information upfront, potential buyers can quickly assess whether a listing fits within their budget. In fact, requiring a price to be included in a listing is the most requested feature by buyers who use our platform.
Increased trust and credibility: Including pricing information adds transparency to the listing, demonstrating to buyers that the seller is upfront and honest about the value of their item. This leads to an increased trust in the platform and the sellers using it.