Subject:
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Re: FOTY, at least for me.
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Newsgroups:
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lugnet.market.shopping
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Date:
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Sat, 19 Jan 2002 06:56:11 GMT
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Viewed:
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471 times
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In lugnet.market.shopping, John Heins writes:
> Before the execution proceeds, a different pov. Isn't this simply a form or
> arbitrage -
snip
Thank you John, that is exactly what my class in microeconomics taught me.
If you were to look at my completed auctions, I sold for less than retail,
and I am perfectly happy with that, because I bought at less than what I am
selling it for. Every buyer I have sold to has also been happy to buy them
at the price I offer, because it is less than what they can get it for at
retail, or even on the web. For myself and the buyer it is a win-win. Now
for Target, yes I would say that they lost out on some revenue, some say
that I am bad for it, some don't. I have no problem with either opinion,
obviously you know what camp I fall in, but I understand and respect the
other. But I fail to see how I am harming society ( I believe it was scum
of the earth as the term goes) by selling on ebay, most of the times at less
than retail.
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Message is in Reply To:
| | Re: FOTY, at least for me.
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| Before the execution proceeds, a different pov. Isn't this simply a form or arbitrage - where a buyer takes advantage of a localized oversupply or pricing anomaly and resells the product at a price closer to what is the "global market price"? (...) (23 years ago, 19-Jan-02, to lugnet.market.shopping)
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