How prices are determined

Ever wonder how I determine the price of each card?

Well I'm going to tell you.

1. I look up the price's card on anycraze.com
2. Excel gives an automatic 40% discount (multiplying by .6). That is the price of a near mint card.
3. Excel gives an automatic extra 20% discount (multiplying by .80). That is the price of a used card
4. Excel then takes the average of both resulting prices to find the price of an in-between card. Not quite near mint, but better than used (like Very Good condition)
5. I look at the card and pick the appropriate price.

That is how the price is originally conceived.
However anycraze often has incredulous prices that, even after these discounts, are still too high for market value.

So every once in a while I access my inventory, and pick a query called "Re-check prices". This query lists all of the items listed more than 15 days ago, and arranges them in price order from highest to lowest. I can then recheck the prices by looking at the competition's prices (like trollandtoad, or ebay). Once that is done I'll change the price and change the new listing date.

So if I check the prices of a few cards every once in a while, it should keep my inventory to an overall nice low price.