OK, just to understand the jargon on the Market Research Lab page – Hypothetically I am planning to sell a pair of BOSE Freestyle Earbuds (RRP $AUD179). When I enter this info into the Product Analysis machine, it comes up with 83% Success Rate, Low Competition Rating (both of which I get).
What I don’t get is: Average Sale Price 104.73, Average Buy It Now Price $97.00.
Are these two figures what a potential buyer would pay? What are these two figures about?
How much then would I need to spend buying this item to generate a net 15% profit?
What is the Average End Price of $104.73?