3 Tips For Setting A Price For Your Product Or Service
Top marketers perceive the value of finding the perfect worth for their product and services; this can be why they're constantly testing and tweaking those prices. All the elements of the product created, even the worth, play a vital role in how successfully the product converts into sales. There are specific things you must remember as you're employed to find the simplest worth for your product or service. Get your worth right from the beginning with these 3 easy however highly effective tips.
One way to charge a higher price and justify it is to over-deliver, and the best way to do this is to offer exceptional customer service. Many marketers aren't concerned with customer service for Internet products, which reduces the value of the product. When somebody buys a product from you, it's your responsibility to support them and make sure they don't face any problem. This lets you add more value to your product without needing to change it in any way. Be crystal clear that you're willing to offer the best possible customer service along with your product so people will be happy to pay that little extra. Show prospects what level of customer service they can expect from you by offering them whatever level of support they need even before they make a purchase. Your prospects should be able to contact you via email, or a toll free phone number, or even a live chat option on your site, which will show your dedication to providing customer service. While you don't charge for that level of service, pricing your product a little higher will seem logical to those prospects when they see your commitment to them.
Do you offer better features or extra quality over your competitors? If yes, then you have the opportunity to charge higher than them and actually deliver the value to your customers. This helps you to stand above the crowd while still appealing to your customers by offering much higher quality. Any customer interested in your products will be happy to pay out more money in order to receive higher quality.
It's your job to make sure your customers are happy. It's not rocket science to figure out that happy customers, satisfied customers, won't mind paying a little more just because they really see the value in your product. Keep those satisfaction levels up by providing great service and even more value once those people join your list. This will open up doors for repeat sales as your customers would want to buy from you again. Just this one tip alone could be the key to growing a long term profitable business. In conclusion, this article should highlight how your price can be affected and even determined based on what your competitors are doing. Make sure you're always well aware of who your competitors are and what their aim is. Your main goal needs to be receiving great returns for your price by offering great value. Remember that your price doesn't have to be concrete. Keep developing and improving your product to offer better quality so that you can rightfully charge your customers for that extra value. Raising your prices is fine on occasion, but only if you're constantly working to improve the level of value your customers are receiving.
Here are some additional suggestions on web 2.0 marketing and modern marketing from Cody Lee.
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OLD SOVIET LATVIAN DZINTARS RIGA MAN LARGE FULL COLOGNE BOTTLE BOX VTG ANTIQUE |  |
0 Bid | US $29.99 | 12h 6m |
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Rare Vintage Correas Triple Toro Powder Compact Bilbao Madrid Sevilla | |
0 Bid | US $47.41 | 13h 55m |
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VINTAGE RARE BLUEWHITE SHALIMAR GUERLAIN MATCHING SPRAY REFILLABLE CONTAINERS | |
0 Bid | US $29.99 | 14h 8m |
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RARE MINATURE GILT AESTHETIC SCENT BOTTLE SET WITH BLOOD RED RUBY c1880 | |
15 Bids | US $81.41 | 14h 47m |
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BRAND NEW ★ SHAVING BRUSH STAND SET HOLDER BADGER HAIR BLACK ★ RRP £5499★ | |
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US $15.73 | 24d 11h 37m |
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Vintage 50s Florenza Signed Rhinestones Pearls Trinket Ring Box Original Tag | |
0 Bid | US $39.99 | 16h 17m |
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Rare Exquisite Antique Art Nouveau Celluloid Presentation Double 3 1 2 RING BOX | |
2 Bids | US $41.00 | 16h 17m |
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VINTAGE NATALIE THURSTON TALC BOTTLEFROSTED WHISPERING LADIES PERFUME BOTTLE | |
12 Bids | US $278.98 | 19h 23m |
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ESTEE LAUDER CLASSICAL CLOWN PLEASURES SOLID PERFUME COMPACT Pierrot Mandolin | |
2 Bids | US $76.00 | 20h 39m |
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ESTEE LAUDER COURT JESTER PLEASURES SOLID PERFUME COMPACT HARLEQUIN | |
2 Bids | US $76.00 | 20h 45m |
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ANTIQUE PERFUME NOVELTY PERFUMA BAR MILADY 1930S | |
0 Bid | US $49.99 | 1d 2h 19m |
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Vintage RARE stag pure badger shaving brush B 1030 Great condition | |
0 Bid | US $12.99 | 1d 10h 30m |
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Rare Vintage REVLON Goldtone Basketweave Pattern Rhinstone Powder Compact 1950s | |
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US $44.00 | 1d 11h 24m |
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VINTAGE VANITY SET 8 PIECES INCLUDES A MUSIC BOX VERY RARE | |
0 Bid | US $80.00 | 1d 11h 52m |
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AUTHENTIC VINTAGE GILLETTE POCKET KIT AUSTRIA LEATHER SHAVING SET RARE | |
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US $16.99 | 1d 12h 31m |
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ANTIQUE SCHICK INJECTOR EVERSHARP SHAVING RAZOR SET BAKELITE HANDLE CASE | |
0 Bid | US $19.99 | 1d 13h 19m |
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Three Hand Painted and Blown Roman Cameo Dresser Bottles | |
0 Bid | US $49.99 | 1d 13h 27m |
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Elizabeth Arden China 3 Pc Vanity Set | |
0 Bid | US $40.00 | 1d 13h 51m |
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Rare Antique Gillette Cavelier Style 1904 Safety Razor Shaving Set With Blades | |
3 Bids | US $12.01 | 1d 14h 40m |
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VITNAGE HOUBIGANT of Paris Powder Compact Set With Original Puffs and Powder | |
2 Bids | US $10.49 | 1d 15h 4m |
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Gillette Super Speed double edge safety razor with original case Instructions | |
7 Bids | US $12.05 | 1d 15h 20m |
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RARE Vintage ELGIN American Beauty Compact mirror powder make up complete w BOX | |
2 Bids | US $11.50 | 1d 16h 10m |
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VERY RARE VINTAGE GOYA PIQUANT BOXED SET 1960s 3 GLASS BOTTLES | |
0 Bid | US $55.01 | 1d 16h 15m |
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1930 Parfum Flower Garden by Weldon 2 Mini Perfume Old Commercial Miniature Set | |
2 Bids | US $.99 | 1d 16h 19m |
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Rare c1930 Sterling Silver Mounted Folding Mustache Comb A | |
8 Bids | US $41.00 | 1d 16h 48m |
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RARE COLBY Complete VINTAGE Mens MANICURE SHAVING SET in Leather Case w Brush | |
0 Bid | US $17.99 | 1d 17h |
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1940 Flower Garden by Weldon 2 Perfume Parfum Bottle Cologne Bakelite Antique | |
0 Bid | US $.99 | 1d 17h 8m |
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Rare c1945 Art Deco Sterling Silver Mounted Folding Mustache Comb B | |
10 Bids | US $10.50 | 1d 17h 19m |
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Vintage Garden Spice Perfume Set Soap Perfume Bath Crystals Old Set Nice | |
0 Bid | US $19.99 | 1d 17h 19m |
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VINTAGE HAI KARATE GIFT SET FACTORY SEALED AFTERSHAVE SHAVE LATHER SOAP | |
0 Bid | US $69.00 | 1d 17h 46m |
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Rare Pozzonis Face Powder Box Complete Set | |
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US $149.99 | 1d 18h 24m |
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CABOCHARD GRES EAU DE PARFUM MINI FRENCH PERFUME BOTTLE PARIS BOX 10 FL OZ | |
1 Bid | US $5.50 | 1d 19h 18m |
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GUCCI Eau De Parfum 2 FRENCH PERFUME BOTTLES 25 OZ Miniature Crystal NIB Boxed | |
1 Bid | US $11.90 | 1d 19h 20m |
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VINTAGE SPECIAL BILL BLASS 100 STRENGTH COLOGNE FACTORY SEALED | |
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US $100.00 | 1d 20h 4m |
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2 ERSKINE shaving brushes RARE vintage badger bristles | |
0 Bid | US $19.99 | 1d 20h 35m |
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2 EVER READY shave brushes RARE vintage badger bristles | |
0 Bid | US $19.99 | 1d 20h 41m |
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Vintage Coty LOrigan Falcon Mist and Talc Set in Box | |
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US $99.99 | 1d 20h 57m |
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1955 LE TALLEC PARIS Handpainted Limoges Porcelain FOUR Piece Dresser Vanity Set | |
0 Bid | US $1,699.00 | 1d 21h 2m |
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Evyan Most Precious 4 Piece Set Cologne Powder Soap Bag | |
0 Bid | US $59.99 | 1d 21h 39m |
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Rare Vintage Its Cricket Cologne and After Shave Gift Set | |
1 Bid | US $5.99 | 1d 21h 40m |
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Vintage British Made Gillette Knack Safety Razor | |
1 Bid | US $.99 | 1d 22h 6m |
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WESTMORELAND GLASS PERFUME BOTTLES VANITY SET DRESSER SET HP DAISIES | |
0 Bid | US $349.99 | 1d 22h 15m |
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Vtg FULL GERMAN Mini MOUSON LAVENDEL Perfume Soap BOX | |
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US $45.00 | 1d 22h 26m |
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Vintage Griffon Manicure Set Original Leather Box Polo Wind Alarm Clock Germany | |
0 Bid | US $24.99 | 1d 22h 30m |
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5 Old Perfume Bottles peruvian glass bottles c1930 peru rare bottles | |
0 Bid | US $25.00 | 1d 23h 17m |
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Bohemian Glass Perfume Atomizer Covered Vanity Dish REDUCED $ | |
0 Bid | US $22.50 | 1d 23h 30m |
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Collectible Oriental Perfume Bottles Handmadepiece of art Egypt RareEgypte | |
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US $44.44 | 2d 1h 24m |
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RARE VINTAGE ARGENTINA MONTBLANCH GOLD RAZOR LK | |
1 Bid | US $29.99 | 2d 7h 19m |
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Antique vanity hand mirror and comb set | |
0 Bid | US $24.99 | 2d 7h 54m |
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JAY STRONGWATER MIRABELLE MEDIUM BUTTERFLY OPALINE GLASS JAR | |
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US $495.00 | 2d 13h 25m |
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Coty Imprevu Spray Mist 18oz Talc 37oz Gift Set NIB Unused | |
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US $85.00 | 9h 41m |
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JAY STRONGWATER OPALINE GLASS JAR W SWEET COLORFUL BIRD ATOP JEWELED COVER | |
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US $475.00 | 2d 14h 28m |
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GILLETTE COLLECTIBLE British Celluloid Travel Set | |
5 Bids | US $43.00 | 2d 16h 13m |
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Mad Men Style John Wanamaker Vintage Grooming Travel Set EARLY 1900s | |
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US $24.99 | 2d 18h 43m |
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Exquisite Vintage 5 piece Glass Perfume Vanity Set | |
0 Bid | US $19.95 | 15h 26m |
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RARE HTF AVON JEWEL COLLECTION W 6 DIFFERENT FRAGRANCE DRAMS NEVER BEEN USED | |
1 Bid | US $13.99 | 2d 19h 57m |
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Old Silver ANTIQUE LIPSTICK CASE w MIRROR ORNATE KINGSMAN TURQUOISE NR | |
0 Bid | US $.99 | 2d 20h 9m |
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RARE VINTAGE Gold KIGU Compact Mirror Sleeve Antique Piece Deco Made In England | |
0 Bid | US $.99 | 2d 20h 11m |
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Antique Hand Painted Mustache Cup Imperial Austria w saucer | |
0 Bid | US $15.00 | 2d 20h 16m |
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MARILYN MIGLIN Art Deco PERFUME BOTTLE Cut Crystal Glass Sealed SIGNED BOX | |
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US $22.50 | 2d 20h 36m |
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French ART DECO machine age SERVICE TRAY reverse painted Glass JAZZ KANDINSKY | |
16 Bids | US $41.00 | 2d 20h 41m |
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Rare Kranks Shave Kreem Jar | |
0 Bid | US $9.99 | 2d 21h 57m |
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rare 1912 vintage FRENCH Art Deco WOODWORTH perfume bottle BOXED Set Compact | |
0 Bid | US $97.97 | 19h 24m |
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RARE ANTIQUE PERFUME BOTTLE IMPERIAL GLASS HP VICT COUPLE ORMOLU FILIGREE | |
2 Bids | US $20.49 | 20h 19m |
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1970S PERSONNA INJECTOR RAZOR AND TUNGSTEN BLADES NEW OLD STOCK | |
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US $49.99 | 3d 8h 37m |
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RARE Vintage 1971 HYPNOTIQUE Perfume Bath Oil MAX FACTOR W Box | |
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US $135.00 | 3d 11h 40m |
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RARE EVER READY METAL TRESURE CHEST SAFETY RAZOR BLADE BANK BROWN USED | |
0 Bid | US $25.00 | 1d 8h 59m |
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RARE GEM RECORD SHAVES METAL SAFETY RAZOR BLADE BANKS NO1 | |
0 Bid | US $25.00 | 1d 8h 59m |
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Lewis Sorensen Group of Rare Dolls So hard to find together in one lot Set3 | |
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US $15.00 | 3d 14h 7m |
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Lewis Sorensen Black Gibson Girl Doll Very Rare Hard to Find | |
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US $9.99 | 3d 14h 15m |
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Rare Guilloche Enamel Pendant Compact Silver Tone Back Roses In Basket Front | |
0 Bid | US $102.00 | 1d 10h 41m |
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VINTAGE DUNE CHRISTIAN DIOR EDT PERFUME BOTTLE | |
1 Bid | US $9.99 | 17h 50m |
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9 Antique Glass Mini Perfume Miniature Parfum Sample Set 1 8 oz Bakelite Top | |
5 Bids | US $10.23 | 3d 17h 47m |
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Irice IW Rice Perfume Scent Bottle Pale Art Glass Gems Amber Rhinestone Flower | |
0 Bid | US $49.00 | 3d 19h 8m |
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Vintage MICHELLE PRELUDE DE BALENCIAGA EAU DE TOILETTE RARE SET 200 ML EACH | |
0 Bid | US $399.99 | 1d 16h 17m |
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Vintage Towle 3 Piece Silversmith Vanity Dresser Set Original Box In Plastic | |
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US $44.99 | 3d 20h 36m |
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VINTAGE TALLY HO MENS AFTERSHAVE TALC SOAP DEODORANT SET BOXED LANDER CO NY | |
0 Bid | US $9.99 | 3d 20h 37m |
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RARE shaving mug Atlas China by Milbern w brushless soap straight razor exc | |
0 Bid | US $29.99 | 3d 21h 47m |
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Remarkable 1920s Gillette NEW Gold Plated Razor Set Thick Bar Handle | |
0 Bid | US $99.99 | 1d 18h 47m |
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Antique 6 pc FROSTED GLASS VANITY SET w WICKER CARRY TRAY from The May Co1926 | |
0 Bid | US $30.00 | 4d 8h 15m |
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Apollo Soyuz commemorative glass made by Revlon Novaya Zaria USA USSR1975 | |
0 Bid | US $1.56 | 4d 8h 36m |
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VINTAGE LEEMING BLACK BELT COLOGNE COLLECTOR EDITION SET 1968 UNUSED CONDITION | |
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US $149.99 | 4d 11h 22m |
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RARE ANTIQUE FRENCH CELLULOID MANICURE KIT IN PURSE SIZE TUBE | |
0 Bid | US $29.99 | 4d 11h 30m |
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GILLETTE COLLECTIBLE Old Type Brown Cased Set | |
0 Bid | US $9.95 | 4d 11h 50m |
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Antique German made Soligen Straight Razor | |
0 Bid | US $9.99 | 4d 11h 55m |
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Vintage New BENANDRE Ben Rickert Shell Soaps Green Glass Decanter Rare Find | |
0 Bid | US $39.00 | 4d 12h 13m |
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Rare Vintage Powder Compact Hand Mirror Van Cleef Arpels Revlon Gilt c 1958 | |
6 Bids | US $16.76 | 4d 13h 16m |
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1908 ANTIQUE BROWN COMFORT HAIR WAVER STRATE FOLD MFG SUPERIOR COND UNIQUE RARE | |
0 Bid | US $14.75 | 4d 13h 26m |
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SAKS FIFTH AVENUE SET OF TWO BOXED CRYSTAL PERFUME BOTTLES RARE NIB | |
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US $21.99 | 4d 15h 8m |
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RARE 1984 GILLETTE ATRA Brush Plus Shaving Kit SUPER Nice Condition | |
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US $35.00 | 4d 16h 13m |
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1940s NIB Jean La Salle Face Make Up Bakelite Compact Lipstick New in the Box | |
1 Bid | US $.99 | 4d 16h 23m |
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1958 Vintage Gillette Safety Adjustable Toggle Razor 1 9 Fat Boy D4 | |
1 Bid | US $39.99 | 1d 19h 15m |
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RARE FRENCH GUILLOCHE ENAMEL 5pc PAINTED DRESSER SET LOVERS ARTIST SIGNED NO RSV | |
10 Bids | US $102.50 | 1d 19h 37m |
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VINTAGE STRAIGHT RAZOR LOT OF 2 TWO REALLY NICE RAZORS GEO WOSTENHOLM CROWN | |
1 Bid | US $9.99 | 4d 19h 17m |
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RARE Vtg 50s GRIFFON Gold Velvet Vanity Travel Case Perfume Bottles Etc | |
0 Bid | US $25.99 | 4d 19h 54m |
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MITSOUKO Perfume Eau De Toilette Miniature Guerlain Paris 17 oz FULL | |
1 Bid | US $9.99 | 4d 20h 18m |
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Vintage 4 Piece Matching Bakelite Lady’s Vanity Set Cambridge Puff Box | |
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US $28.00 | 4d 21h 1m |
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Vintage Rare 6 Piece Assorted Bakelite Lady’s Vanity Dresser Collection | |
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US $15.98 | 4d 21h 25m |
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VINTAGE BURMA SHAVE JAR WITH RAISED PAINTED LETTERING RARE Item 9382 | |
0 Bid | US $39.99 | 4d 22h 7m |
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