 | | Why does Lego open its stores where it does? An investigation
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Time to think like a businessperson. "Pick me! Me Me me!" is not an argument for placing a store. Let's try to model the most important factors that determine a Lego store's success. Essentially, it must attract a lot of people that buy Lego. To (...) (22 years ago, 12-Jun-04, to lugnet.market.shopping, lugnet.lego, lugnet.market.theory) !
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| | Re: Weekly Update of New AuctionBrick Items
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(...) How about the value of making the market more efficient? Suppose that person A is willing to pay $20 for a set and person B is willing to pay $40 for a set[1]. Perhaps A is lucky[2] and finds the set for $20, but that outcome does not maximize (...) (22 years ago, 23-May-04, to lugnet.dear-lego, lugnet.market.theory)
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| | Re: Weekly Update of New AuctionBrick Items
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(...) Well, that's a possible explanation for an auction. But this particular seller also has large numbers for sets in the bricklink store. Furthermore, the sets can only be purchased in an unrealistic quantity (198 Metroliners). So what's the (...) (22 years ago, 21-May-04, to lugnet.market.theory)
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| | Re: Weekly Update of New AuctionBrick Items
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(...) Here's a good explanation: (URL) AuctionBrick doesn't have listing fees. The same stunt on eBay would be expensive at a $200 starting bid. -Rob. (my 5 are waiting for me at the UPS Store) (22 years ago, 21-May-04, to lugnet.market.theory)
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| | Re: Weekly Update of New AuctionBrick Items
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(...) So out of curiousity, what's the incentive for inflating an inventory? I tend to avoid sellers who have unrealistic inventories, so they're losing business from buyers like me. John (22 years ago, 21-May-04, to lugnet.market.theory)
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