eeTHr
Well-known member
cnbarr---
I highlighted that quote from MysticColby, to put it in an already opened reply box. I have no idea why your name got on it. :?:
I was just trying to be brief with some thoughts.
Another factor in markup is called "Value Added." There are several types of value which can be added to a purchased product when reselling. Some examples are time, location, quantity, form, and transaction method.
Time: If someone has a product which is immediately available, it has more value to the buyer if nobody else has the same product ready to sell or ship.
Location: If someone has the same product available locally, when others are far away and require large shipping charges plus maybe import tariffs, then the local product itself has more value to the buyer.
Quantity: If a seller makes the product available in small quantities, it is of more value to a buyer who doesn't require large amounts, than is the same product in larger quantities.
Form: If the product is somehow improved to better suit the buyers needs, then it is of more value to the buyer.
Transaction method: If it is easier for the buyer to deal with one source, rather than "jump through hoops" with other sellers, that adds value to the product itself. This can also include the seller's reputation and warranty, plus before- and after-sales support.
...Just more things to think about concerning real value.
To sum up my opinion on the subject eBay items, I feel that there is obviously something wrong there---because so many people think that the value is simply not even close to being there, and that the seller should certainly know that. When there are too many complaints, something isn't right somewhere.
I highlighted that quote from MysticColby, to put it in an already opened reply box. I have no idea why your name got on it. :?:
I was just trying to be brief with some thoughts.
Another factor in markup is called "Value Added." There are several types of value which can be added to a purchased product when reselling. Some examples are time, location, quantity, form, and transaction method.
Time: If someone has a product which is immediately available, it has more value to the buyer if nobody else has the same product ready to sell or ship.
Location: If someone has the same product available locally, when others are far away and require large shipping charges plus maybe import tariffs, then the local product itself has more value to the buyer.
Quantity: If a seller makes the product available in small quantities, it is of more value to a buyer who doesn't require large amounts, than is the same product in larger quantities.
Form: If the product is somehow improved to better suit the buyers needs, then it is of more value to the buyer.
Transaction method: If it is easier for the buyer to deal with one source, rather than "jump through hoops" with other sellers, that adds value to the product itself. This can also include the seller's reputation and warranty, plus before- and after-sales support.
...Just more things to think about concerning real value.
To sum up my opinion on the subject eBay items, I feel that there is obviously something wrong there---because so many people think that the value is simply not even close to being there, and that the seller should certainly know that. When there are too many complaints, something isn't right somewhere.