Understanding Price Bands
ListForge provides three price points for every item: Floor, Target, and Ceiling. Understanding these helps you price strategically based on your selling goals.
The Three Price Bands
Floor Price
- The lower bound of reasonable pricing
- Based on quick sales in comparable data
- Use when you need to move inventory fast
- Typically sells within 1-7 days
Target Price
- The competitive market rate
- Where most similar items sell
- Balances profit with sell-through time
- Typical sale time: 7-21 days
Ceiling Price
- The upper bound for patient sellers
- Based on highest comparable sales
- Maximizes profit if you can wait
- May take 30+ days to sell
How Prices Are Calculated
Comparable Sales Analysis
- AI finds 50+ sold listings matching your item
- Filters for similar condition and completeness
- Analyzes sale prices and time-to-sell
- Groups into statistical bands
Factors Considered
- Recent sales (weighted higher than older)
- Item condition (New, Used, etc.)
- Completeness (with box, accessories, etc.)
- Seasonal patterns
- Market trends (rising/falling demand)
When to Use Each Price
Use Floor Pricing When:
- You need cash quickly
- Item has been sitting for weeks
- Seasonal window is closing
- Storage space is limited
Use Target Pricing When:
- You want balanced profit and turnover
- Item is standard (not rare or special)
- You’re comfortable with typical wait times
Use Ceiling Pricing When:
- Item is rare or in-demand
- You’re a patient seller
- Market is trending up
- Item is high-value (worth the wait)