Floor Price
The minimum price a seller will accept for an item — the break-even point plus a minimum acceptable profit margin. Setting a mental floor price before listing prevents panic selling below cost. On eBay, the auto-decline threshold in Best Offer settings acts as an automated floor price enforcement. Knowing your floor on every item prevents emotional decisions when buyers offer low.
Where you'll see this
This term is commonly used on:
ebaydepop
Put this into practice
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