Elmo Live Update
On October 11, I wrote a blog post about Elmo Live, as it was due to be released that week. It has been almost a month now, and eBay is absolutely flooded with listings for Elmo Live. A few observations:
As of today, there are 983 active listings for Elmo Live, 1,795 listings for Elmo Live or Elmo Live related items have been completed
According to Terapeak, from the period of October 29 – November 4, 823 listings sold for a sell through rate of 31.35%.
Average selling price is $73.09.
Average start price is $19.25
475 of these listings were bid auctions.
I am wondering if sellers feel that Elmo Live is worth the trouble. Most retail shops sell it for $59.99, with tax the cost is around $63. Add in the fees, and profit is less than $10 to ship a rather bulky item.
Are you selling Elmo Live, and what has been your experience?
[Image Source=Flickr, eBay Coach Photos]
I have two Elmo Live’s that I purchased in hopes of reselling them, but am seeing the same thing. The supply seems to be really high right now. Almost every toy store I have visited has them in stock. I suspect the supply will dwindle as we get closer to Christmas, but I’m not sensing quite the demand as I have seen in recent years. I even noticed today that one of the websites I frequent, http://www.lifeisnothard.com is giving one away free.