AI Pricing Analysis
ListForge’s AI analyzes market data to suggest optimal pricing for your items. Understanding how this works helps you make better pricing decisions.
How Pricing Analysis Works
Step 1: Product Identification Before pricing, the AI identifies exactly what you’re selling:
- Brand and manufacturer
- Model and variant
- Condition assessment
- Completeness (accessories, packaging)
Step 2: Comparable Sales Search The AI searches for recently sold items matching your product:
- Same brand and model
- Similar condition
- Recent sales (typically last 90 days)
- Multiple marketplaces scanned
Step 3: Price Analysis For each comparable, the system records:
- Final sale price
- Time to sale (how long was it listed?)
- Sale format (auction vs. fixed price)
- Shipping costs (included or separate)
Step 4: Price Range Generation Based on comparables, you receive three price points:
- Quick Sale: Lower bound for fast sales
- Market Price: Competitive standard pricing
- Premium: Upper bound for maximum value
Understanding Comparables
The AI shows you the actual sales used for pricing:
- Exact matches: Same product, same condition
- Similar matches: Same category, comparable features
- Price and date: What it sold for and when
- Match quality: How closely it matches your item
Review these comparables to verify the AI found the right products.
Price Confidence
The AI indicates how confident it is in pricing:
- High confidence: Abundant comparables, clear market
- Medium confidence: Reasonable data with some gaps
- Low confidence: Limited comparables, manual review suggested
Low confidence often means:
- Rare or unusual item
- New product without sales history
- Regional product with limited data
Adjusting AI Prices
You can always override AI pricing based on:
- Your market knowledge
- Condition nuances not visible in photos
- Bundle deals or customer relationships
- Cash flow needs requiring faster sales
Document your reasoning—over time you’ll learn when your judgment beats the AI.
Market Trends
The AI detects pricing trends:
- Rising prices (increasing demand)
- Falling prices (declining demand)
- Seasonal patterns (holiday spikes, etc.)
Use this information to time your listings strategically.
Pricing by Marketplace
Different marketplaces command different prices:
- Amazon: Often highest (convenience premium)
- eBay: Middle (competitive market)
- Facebook: Often lowest (local pickup, negotiation)
ListForge shows marketplace-specific pricing when you cross-list.