To LUGNET HomepageTo LUGNET News HomepageTo LUGNET Guide Homepage
 Help on Searching
 
Post new message to lugnet.market.shoppingOpen lugnet.market.shopping in your NNTP NewsreaderTo LUGNET News Traffic PageSign In (Members)
 Marketplace / Shopping / 8852
8851  |  8853
Subject: 
Re: FOTY, at least for me.
Newsgroups: 
lugnet.market.shopping
Date: 
Fri, 18 Jan 2002 22:45:25 GMT
Viewed: 
698 times
  
So you happily cheated Target out of hundreds of dollars in revenue?  Kudos
to you and your ethics.

I for one am not impressed in your veiled theft.

Eric

In lugnet.market.shopping, Renard Graham writes:
If you saw my posts in the thread "Target Lies and Great Buys"

http://news.lugnet.com/market/shopping/?n=8840

I said I would tell the story of my local Target and the Life on Mars 7317.

Well it all started back around July.  I love to sell on ebay, and having
just come out of my dark ages last christmas I have found that Legos do well
on ebay, especially if you can get them on clearance.  I can usually buy
enough of a set at Target's clearance prices to sell a couple on ebay and
keep a set for myself and my daughters.  This also helps me with my SO
because there is little if any money spent on my hobby.  In July I was at
our local Target looking to see if there was anything on clearance that I
could sell on ebay and I always visit the Lego Aisle, as Lego is something I
know and feel comfortable selling.  I happened to be looking at the LOM sets
when I noticed a shelf tag below the space where a 7317 should have been.
It read $22.44!!  I was excited to say the least.  I took the shelf tag to
the scanner and sure enough it scanned at $22.44, only problem was there
wasn't any sets left.  I was bummed thinking I had missed a great clearance.
I visited other Targets and they all still had the set for $89.99 no
clearance.  So I went back and visited our Target weekly.  One day they were
there and I bought all four of them.  I kept one and sold the rest on ebay
for a very nice profit.  I or my SO would visit every week and get all that
they had, and I made some good Christmas money selling these.  One week the
set was featured in their ad at $79.99 and I figured, surely they will catch
their pricing mistake, but to my surprise they had a sign on the shelfs
declaring that their price was lower than the ad!! Surely this should have
set off a flag somewhere, and I believe it did.  A few weeks later the set
was repriced to $79.99, and I figured that was the end of a fun ebay selling
spree.  I had been able to purchase around 20~30 at the $22 dollar price.

Skip ahead to a few days after Christmas.

After returning from Christmas at the inlaws I decide to go by my Target and
see what is in the clearance aisle, looking for any good Lego sets,
especially the 4561.  My SO and I, kids in tow are walking down the main
aisle when we get to the clearance aisle and are stunned into laughter when
we see that one entire side of a toy clearance aisle is stocked with... you
guessed it 7317s.  I counted over 130 of them just sitting there.  I can
only figure that their inventory computer saw that they were flying off the
shelf, nevermind that the price was completely wrong, and kept ordering
more, and more, until they were stuck with a bunch of these when the price
went back up.

Well, I have been patiently waiting for the day that they marked these to
75%, and that was yesterday.  My wife had gone by around 3 in the afternoon
and saw that they had moved to 75%, and was able to score as many as she
could move through the store, as well as 3 4561s which were not there on
Wed.  I checked.  I went back two more times that evening and filled up our
SUV with these sets.  I am hoping to use my profits for our 10th wedding
anniversary trip.

Well, that's my story.  Sorry it is so long, don't know if there is a moral
to it, if any of you can think of it chime in.  Please don't be too hard on
me for selling my sets on ebay, like I said, I keep one for my daughters and
me ( OK mostly for me) and make money on the rest.



Message has 5 Replies:
  Re: FOTY, at least for me.
 
(...) Aw, you're just jealous! If they're that stupid, or understaffed, or whatever, to miss that, TOO BAD! They just lost a couple hundred bucks. Boo hoo, not like it's going to break Target or anything. ---SteveR (23 years ago, 18-Jan-02, to lugnet.market.shopping)
  Re: FOTY, at least for me.
 
(...) snip I bought them at the price anybody else walking in could have. Are you suggesting that I shouldn't have bought any, and told them of their mistake in pricing? Maybe, but the way I see it, if they have done something like this they have (...) (23 years ago, 18-Jan-02, to lugnet.market.shopping)
  Re: FOTY, at least for me.
 
(...) I just envy him. Here in Cary NC we had a somewhat similar thing with 5978. They had clearanced them one summer for $15.74. Then in the fall, they showed up on the shelf again, with a regular price of $15.74. I asked a handy employee to scan (...) (23 years ago, 19-Jan-02, to lugnet.market.shopping)
  Re: FOTY, at least for me.
 
(...) Doesn't sound like "veiled theft" to me. Target made a mistake, and Renard just happened to be there to benefit from it. It's not his responsibility to say "Hey, these are supposed to be $80, why are you selling them for $25? You really should (...) (23 years ago, 19-Jan-02, to lugnet.market.shopping, lugnet.off-topic.debate)
  Re: FOTY, at least for me.
 
(...) Well others have said it but I think it bears repeating, I'm not sure I'd characterise taking advantage of a price in the system that the system chose to assign as theft. He did nothing to interfere with Target's knowledge of their prices or (...) (23 years ago, 19-Jan-02, to lugnet.market.shopping)

Message is in Reply To:
  FOTY, at least for me.
 
If you saw my posts in the thread "Target Lies and Great Buys" (URL) said I would tell the story of my local Target and the Life on Mars 7317. Well it all started back around July. I love to sell on ebay, and having just come out of my dark ages (...) (23 years ago, 18-Jan-02, to lugnet.market.shopping)

33 Messages in This Thread:













Entire Thread on One Page:
Nested:  All | Brief | Compact | Dots
Linear:  All | Brief | Compact

This Message and its Replies on One Page:
Nested:  All | Brief | Compact | Dots
Linear:  All | Brief | Compact
    

Custom Search

©2005 LUGNET. All rights reserved. - hosted by steinbruch.info GbR