Collector & Reseller Glossary

What the jargon actually means — and what it does to resale value. 3,213 terms across 12 categories.

35 terms in Reselling starting with “P” · page 1 of 1

1. packaging materialsReselling
   This refers to all the protective and presentation elements surrounding an item, such as original boxes, bubble wrap, tissue paper, and shipping containers. For resellers and collectors, the condition and completeness of
2. packaging suppliesReselling
   This refers to all the materials used to safely ship and present items for sale, including boxes, bubble wrap, packing peanuts, tape, and branded tissue paper. For resellers, the quality and presentation of packaging dir
3. packing materialsReselling
   This refers to all the supplies used to safely package an item for shipping, such as bubble wrap, packing peanuts, sturdy boxes, and protective tape. For resellers, the quality and appropriateness of these materials are
4. packing slipReselling
   A packing slip is a document included in a shipment that lists the contents of the package, often detailing the items, quantities, and sometimes the price. It is distinct from the invoice, which is a formal request for p
5. paperworkReselling
   This refers to all the documentation associated with an item, such as original receipts, certificates of authenticity (COAs), provenance records, or warranty papers. For resellers and collectors, this paperwork is crucia
6. patience factorReselling
   This concept refers to the willingness of a seller or collector to wait for the perfect buying opportunity rather than rushing a sale. It is not a tangible item but a strategic mindset that significantly impacts profit m
7. payment processingReselling
   This refers to the entire system used to securely handle financial transactions between a seller and a buyer. When you sell items online, payment processing is the gateway that takes the buyer's payment information—like
8. payment processorReselling
   A payment processor is a service that authorizes and processes electronic transactions between a buyer and a seller. For online resellers, this is the essential gateway that handles credit card information, bank transfer
9. perceived valueReselling
   This concept refers to the subjective worth a potential buyer assigns to an item, which may differ significantly from its objective, intrinsic market value. It is heavily influenced by branding, condition, rarity, and th
10. photo qualityReselling
    This refers to the clarity, sharpness, and overall visual fidelity of the images used to list an item for sale online. High photo quality means the pictures are well-lit, in focus, and accurately represent the item's con
11. photo stagingReselling
    This refers to the deliberate arrangement and presentation of an item before it is photographed for online sale. It involves controlling the lighting, background, and surrounding props to make the product look its absolu
12. pinterest sellingReselling
    This refers to utilizing the Pinterest platform as a visual marketing and discovery tool for selling goods. Resellers use it to create curated boards showcasing their inventory, often linking directly to their online sho
13. platform algorithmReselling
    This refers to the complex set of rules and automated systems used by online marketplaces like eBay, Etsy, or Amazon to decide which listings appear in search results and how often they are shown to potential buyers. Und
14. platform commissionReselling
    This refers to the percentage fee that online marketplaces, such as eBay or Etsy, deduct from the final sale price when you sell an item through their system. It is a standard operational cost of using these third-party
15. platform feeReselling
    This is the commission or service charge that the online marketplace, such as eBay or Etsy, deducts from the final sale price of an item. It is a standard operational cost of using their selling infrastructure, covering
16. platform feesReselling
    These are the commissions or service charges levied by online marketplaces like eBay, Etsy, or Amazon when you successfully sell an item through their system. They are typically calculated as a percentage of the final sa
17. platform policyReselling
    This refers to the specific rules and guidelines established by online marketplaces like eBay, Etsy, or Amazon. These policies dictate everything from acceptable product listings and prohibited items to shipping requirem
18. pop culture itemsReselling
    This broad term refers to merchandise, collectibles, and memorabilia derived from popular media such as movies, television shows, comic books, video games, and music. It encompasses everything from action figures and vin
19. positive feedbackReselling
    This refers to the ratings and comments left by previous buyers or sellers on online marketplaces. It serves as a crucial social proof mechanism, indicating the reliability, honesty, and quality of service provided by a
20. premium itemReselling
    This refers to an item that is considered high-end, rare, or of superior quality within its specific market niche. It often denotes items with limited production runs, exceptional craftsmanship, or significant historical
21. price anchoringReselling
    Price anchoring is a psychological pricing tactic where a seller presents a high initial price, known as the anchor, to make subsequent, lower prices seem like a much better deal. For online resellers and collectors, thi
22. price elasticityReselling
    This concept describes how sensitive the demand for a specific item is to changes in its price. In the world of reselling, understanding price elasticity helps you determine the optimal listing price to maximize profit.
23. price testingReselling
    This practice involves strategically listing an item at several different price points to gauge market demand and buyer behavior. Instead of setting a single firm price, a seller might list the same item across multiple
24. pricing strategyReselling
    This refers to the systematic approach a seller uses to determine the asking price for an item. It involves more than just looking at what others are selling it for; it requires analyzing market demand, the item's condit
25. private labelReselling
    This refers to a product that a reseller or brand manufactures under its own name, rather than selling a recognized, established brand. Instead of reselling Nike or Apple, a private label seller creates a version of a pr
26. product identifierReselling
    This refers to any unique code or label attached to an item that allows for precise tracking and identification, such as a UPC (Universal Product Code), SKU (Stock Keeping Unit), or model number. For resellers and collec
27. product photographyReselling
    This refers to the visual presentation of an item for sale, encompassing everything from lighting and background to composition and editing. High-quality product photography is crucial because online buyers cannot physic
28. profit marginReselling
    This refers to the percentage of revenue that exceeds the cost of goods sold, representing the actual financial gain from a sale. For resellers and collectors, understanding your profit margin is crucial for setting comp
29. profit per unitReselling
    This metric represents the net financial gain realized from selling a single item after accounting for all associated costs. It is calculated by subtracting the total cost of acquiring and preparing the item—including pu
30. profit realizationReselling
    This concept refers to the actual moment when the money from a sale is secured by the seller. It's not just about listing an item or making an offer; it's the point where the transaction is complete and the funds are tra
31. profitability analysisReselling
    This process involves systematically examining the potential financial return of a specific item or entire inventory line. It requires calculating all associated costs, including the initial purchase price, shipping fees
32. provenance historyReselling
    This refers to the documented history of ownership and origin of an item. For collectors and resellers, knowing where an object has been and who has owned it is crucial, especially for high-value or rare pieces like anti
33. provenance trackingReselling
    This refers to the documented history of an item, detailing its ownership, origin, and chain of custody from its creation to the present day. For collectors and resellers, provenance is critical because it verifies authe
34. provenance trailReselling
    This refers to the documented history of an item, tracing its ownership and journey from its origin to its current point. For collectors and resellers, a clear provenance trail is invaluable because it verifies authentic
35. proxy biddingReselling
    This practice allows a bidder to place a bid on an online auction on behalf of another person, often when the original bidder cannot participate directly due to location, time zone, or other constraints. It is essentiall