Automatic price reduction in Concierge Service
At Preloved we want your items to be sold quickly and at a fair price. That's why we offer our sellers a practical function in the Concierge Service: the automatic price reduction. Here we explain how pricing works in the Concierge Service.
Automatic price reduction:
- Starting price and activation: The automatic price reduction starts for all Concierge Service products after they have been published at the starting price for 14 days. Regardless of whether you have suggested a price yourself or accepted our price at the start - your products will initially be offered at this price for 14 days and will not be reduced.
- Regular price reductions: After the 14 days, the sales prices of your Concierge Service items will be reduced by 10% every two weeks. These reductions are automatic to increase your chances of a quick sale.
- Protection against low prices: We understand that your items are valuable. The reductions stop automatically as soon as the minimum price* is reached.
Important Notes:
- Deactivating the reduction: Please note that the automatic price reduction cannot be deactivated. It is a default setting that maximizes your chances of selling and has been accepted by you by agreeing to our terms and conditions.
*The minimum price is 2,50€.