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What does the 0.70 in buy-below mean?

The 0.70 in buy-below

The 0.70 in the buy-below model is a fixed ratio: the ceiling is 70% of the average asking price, which Resale IQ calls the typical resale price. Vinted charges private sellers no selling fee, so nothing is taken off the sale price. It is a reference ceiling for sourcing: what you keep depends on your own costs, timing and the price the item finally changes hands at, which we do not observe.

On a €40 asking price, paying 70% of it implies a max buy of €28 (€40 × 0.70). Paying €32 or €36 instead means a thinner gap between what you pay and the typical resale price. Those euros are an illustration of the formula, not a quote for a named model.

The ratio should not be treated as identical for every piece. Slow, expensive stock ties up cash for longer, so many resellers pay less than the ceiling for it; fast, cheap stock is different. A single blanket percentage is a reasonable starting point and a poor long-term policy.

Turns matter more than a wide price gap on stock that never clears. Pair this page with sell-through and max buy price.

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Keep reading

→ Max buy price→ Vinted fees→ Manual: the cost of time→ Starter €9

Use the term on a model

Adidas SambaNike Air Force 1New Balance 530New Balance 550Levi's 501Air Jordan 1Adidas GazelleNike Dunk LowASICS Gel-Kayano 14Salomon XT-6Converse Chuck 70Dr. Martens 1460

Frequently asked questions

What does the 0.70 in buy-below mean?

The 0.70 in the buy-below model is a fixed ratio: the ceiling is 70% of the average asking price, which Resale IQ calls the typical resale price. Vinted charges private sellers no selling fee, so nothing is taken off the sale price. It is a reference ceiling for sourcing: what you keep depends on your own costs, timing and the price the item finally changes hands at, which we do not observe.

Should every item use 0.70?

No. The 0.70 is Resale IQ's default reference ratio, not a rule of nature; slow, expensive stock often deserves a lower ceiling. Method: https://resaleiq.dev/manual/the-buy-below-price

Does a live check guarantee an outcome?

No. Buy-below is a sourcing ceiling. Condition, size, authentication risk and whether the item actually leaves the shelf still decide the realised result. Plans: https://resaleiq.dev/pricing