WTF....

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Rodney_gold

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I have seen on a few for sale threads folk comment that an "unsold" item is too cheap and the seller should up the price..
In my book , that is total folly .. if the item hasnt sold it's normally cos it's too  expensive....
 

Dingbat

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Rodney_gold said:
I have seen on a few for sale threads folk comment that an "unsold" item is too cheap and the seller should up the price..
In my book , that is total folly .. if the item hasnt sold it's normally cos it's too  expensive....

Or, because some of us are poorer than others
 

chrisc

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Might it not be suspiciously cheap?  Having been selling my own products for years, I found you should try and quote just a bit under what the customer expects.  He will have in mind, from talking to other people, a figure for the job, so if you come in at 10% under that, the chances of success will be higher.  Quite often, given a lower price, the customer will add extras to the order and bump it up

This is not a hard and fast rule.  Some people are still living in the past and will expect a R5000 product for R1500 and get a shock when you mention the price, or at least pretend to.  Then, when they get other quotes, they soon realise the present day value of things
 

colonel66

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Rodney i think those that are of the opinion that a said item is too cheap should put their money where there mouth is and stump and buy it...then keep or flog it for its true value are realise a super profit  :tongue: :tongue: :tongue:
 

Jozua

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Rodney

I have no problem when a person rolling in money puts up a bargain for sale.  To that seller the item has little value.

I do get concerned when an item unknown to the seller is blatantly under-priced.  You often see it happen with older folk.

I resent seeing fat cat buyer?s push for even lower prices when the seller is in financial distress and in desperate need of money. 

What is a good sale ? Maybe if nobody walks away feeling exploited.

J
 

chrisc

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My opposite neighbour is a professional chisseler.  He will argue the hind leg off a donkey to try and get a lower price, to the extent that it becomes embarassing.  As a result, his yard and garage is full of old junk which he is too mean to dispose of
 

ron g

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i agree there is a vast difference between a bargain, & taking advantage of an ignorant seller who is not capable.
so if you have a problem with a price being too low, then just let the seller know off line.
they can then decide to re-price the item or not.
there is, imho no law that says they have to honour the initial price to the first responder
 

Francois

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I for one believe chucking great equipment at cheap prices kill the 2nd hand market

Lets take the one speacial case I openened my trap about.

Rotel 1090. Replacement R70k+
I have seen ones for R10k - this is madness.

Why ?

Piettie now buys the 1090 for R10k and thinks he can buy the latest preamp for R5k - Now its R70k... he craps his pants, his expensive couch and wifey runs to clean up.
Koosie on the other side just saved his arse off to by the RB 1080. He wants to upgrade to the 1090. He gets offered R5k!! Another guy, another day...couch...pants and desperate wifey

So there goes the market. Top earning guys (R100k/month) buying and chucking things away... And the guys keeping the audio industry RUNNING by buying from shops are all fffed when they try to sell.

Why are so many Audio Shops closing ? Because we cannot make the jump for an UPGRADE!

Why is B&W so successful in Europe - UPGRADE path guys.... you can trade it without Vaseline in you left hand.

Here on the forum.... Use Silicon Military grade grease.....and velcro pants
 

Francois

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Forgot.... I DID put my money where my mouth is... between me and a friend we bought out 6 Quad 2905's.... I will NOT sell them for even 3x what I paid.

No Sannie puts it on her Dixon amp and proclaims in full PMS fury - Why does this sound [email protected] ? .... Emm because....ag fff it...  :vsad:
 

BobsYourUncle

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A second hand item is only worth what someone is prepared to pay for it. People aren't prepared/aren't able to pay anymore, That's what's driving prices down. No one is forcing the seller to sell at a lower price, but if the seller urgently needs to move the item, he will adjust his price to what someone is willing pay for it. People have adjusted their expectations accordingly. I wonder when its going to get to the stage where people no longer buy new gear and decent gear becomes worthless. Perhaps people should hold onto their gear until all of the HiFi shops have closed, then perhaps they will get a realistic price for their second hand goods. The middle class citizen has to deal with the fact that every last cent is taxed out of him whether it be when he switches his car on, drives on a freeway , fills up with fuel or decides to buy groceries. He says a nice item at a damn good price, he jumps on it. If he cant afford it, he simply goes without...
 

Marakasmalan

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Rodney_gold said:
I have seen on a few for sale threads folk comment that an "unsold" item is too cheap and the seller should up the price..
In my book , that is total folly .. if the item hasnt sold it's normally cos it's too  expensive....

Yip, but low price is also a function of demand, hence quite possible that an item selling a low price is not as high in demand - which goes to say your point is valid, the price should not be upped.


ron g said:
i agree there is a vast difference between a bargain, & taking advantage of an ignorant seller who is not capable.
so if you have a problem with a price being too low, then just let the seller know off line.
they can then decide to re-price the item or not.
there is, imho no law that says they have to honour the initial price to the first responder

Agree - we are not allowed to discuss prices that are too high, we do so cordially with a PM.
Prices too low, is exactly the same matter, just on the other end of the scale, and should be discussed in the same manner.

Selling price remains the prerogative of the seller, the buyer can make a counter offer as well.


 

reactor_sa

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Francois said:
Forgot.... I DID put my money where my mouth is... between me and a friend we bought out 6 Quad 2905's.... I will NOT sell them for even 3x what I paid.

No Sannie puts it on her Dixon amp and proclaims in full PMS fury - Why does this sound [email protected] ? .... Emm because....ag fff it...  :vsad:
So instead of telling the seller he must increase his price, you scored. I'm detecting double standards here.
 

[email protected]

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I've passed on items because it was "too cheap" especially on gumtree. Occasionally (when it seems like a white elephant sale) I attempt it though... About a week ago I phoned someone for a Giant mountain bike...

Me: "what components does it have?"
"seller": Uhmm not sure... it's got a front shock.  Wait - the Giant?  Oh, I've got three... best you come look, because I am not sure. You can pick the best one.
Me: **drops call**
 

mafioso

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Cheerleading or disparaging comments concerning items FS  whether priced too high or too low is impolite and possibly against forum rules as someone has pointed out. The price stated by sellers is the seller's private business and has nothing to do with anyone else unless you are a committed buyer. Any comments from interested parties should be conducted via PM.

How often has it happened here that a poor, ignorant dufus racks up 50 posts and offers a pair of Leak TL12's for R1'000 for the pair? If this should happen and I'm first with my PM to the seller, I'll buy them in a flash without any regret or sorry feelings towards the seller.

skollie
 

legro

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Sjoe, this thread, and some of the opinions contained therein ( ^^ Skollie?) makes me feel much more comfortable about using the classifieds. :thinking:

But then again, business is business and I guess ignorance may sometimes not be bliss.
 

Vince MacMahon

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The invisible hand of the free market will always win...

I just laugh off those "non negotiable" price tags that become highly negotiable and reduced within a week or so.

Economics will remain just that. Demand & Supply will drive price(s).
Unfortunately the lowly priced items are more of exceptions than rule, to try solve for exceptions is a wasteful excersise.

Happy selling and buying folks..... :popcorn: :groovy:
 

Nidri

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It's not always that easy to anticipate what people are willing to pay.
Sometimes you go in too low and get a ton of interest within hours.
And then the ones you expect to go fast just sit there in the limbo of bumpville.
Bottom line, you will lose money.
The house always wins.
And the more components you play with, the more money you'll lose.
That's the price of admission.
Anyway, that's my cynical 2c worth.
 
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