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itkocak
Member since 7/07 7639 total posts
Name:
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Message edited 11/15/2011 3:59:40 PM.
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Posted 12/19/07 3:13 PM |
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Long Island Weddings
Long Island's Largest Bridal Resource |
Lisa
I'm a PANK!!!

Member since 5/05 22334 total posts
Name: Professional Aunts No Kids
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Re: eBay Question
I think people that buy them off of Ebay for a ridiculous amount of money are dumb!! Stop buying $200 items for 4 or 5 times thier worth...wait a few months and you can get them for less than retail!!
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Posted 12/19/07 3:15 PM |
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GoldenRod
10 years on LIF!

Member since 11/06 26792 total posts
Name: Shawn
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Re: eBay Question
Supply and Demand. It's what our country is based on. Every time there is a middle-man, someone is making money to just pass an item along. If the price is too high, people won't pay it. People pay what they are willing to pay.
I'm not willing to pay $500 for a Wii, or wait in line for hours, so I'm waiting until they are easier to get. For some, $500 is a price they are willing to pay for the convenience of getting what they want, when they want it.
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Posted 12/19/07 3:16 PM |
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headoverheels
s'il vous plaît

Member since 6/07 42079 total posts
Name: LB
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Re: eBay Question
Posted by Lisa
I think people that buy them off of Ebay for a ridiculous amount of money are dumb!! Stop buying $200 items for 4 or 5 times thier worth...wait a few months and you can get them for less than retail!!
ITA with this! i don't have a problem with people selling stuff for a profit on ebay - they are taking advantage of the people who are desperate enough to want to pay more!
i am definitely of the "wait till it's back in stores" class - i am willing to bet i'll get a wii for less than $200 if i wait a couple of months. i don't need it THAT badly. even my parents were smart enough to get DH a best buy gift card to use towards buying a wii instead of desperately searching for one themselves.
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Posted 12/19/07 3:18 PM |
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MrsMerlot
Unconditional Love

Member since 4/06 6005 total posts
Name: Chrissy
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Re: eBay Question
Posted by Lisa
I think people that buy them off of Ebay for a ridiculous amount of money are dumb!! Stop buying $200 items for 4 or 5 times thier worth...wait a few months and you can get them for less than retail!!
agreed!!!!!!!!!
ETS: Those that buy them only encourage sellers to keep hiking up the prices like that....
Message edited 12/19/2007 3:20:25 PM.
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Posted 12/19/07 3:19 PM |
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CunningOne
***
Member since 5/05 26975 total posts
Name:
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Re: eBay Question
Posted by Lisa
I think people that buy them off of Ebay for a ridiculous amount of money are dumb!! Stop buying $200 items for 4 or 5 times thier worth...wait a few months and you can get them for less than retail!!
ITA. I would never pay more just to have it!
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Posted 12/19/07 3:32 PM |
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Chatham-Chick
*********************

Member since 5/05 10312 total posts
Name:
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Re: eBay Question
Doesn't bother me, but I also don't consider it the same as scalping tickets.
People don't have to buy them at those prices, they may just have to wait a little longer.
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Posted 12/19/07 3:43 PM |
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kerrycec03
Mom of 2 beautiful boys!!

Member since 6/06 13519 total posts
Name: Kerry
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Re: eBay Question
As a re-seller myself, I don't see anything wrong with it. In fact, I kick myself all the time that I didn't buy some when I saw them in Aug in Costco.
I see nothing wrong with it. Its the American Supply/Demand way
Message edited 12/19/2007 3:56:30 PM.
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Posted 12/19/07 3:55 PM |
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sticklee
LIF Adult

Member since 8/06 2984 total posts
Name: Stick
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Re: eBay Question
Posted by kerrycec03
I see nothing wrong with it. Its the American Supply/Demand way
i don't think the "american way" is to buy a store out of something just to turn it around and sell for a profit. i think the american way it to come up with your OWN idea, market it, and sell it
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Posted 12/19/07 4:04 PM |
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kerrycec03
Mom of 2 beautiful boys!!

Member since 6/06 13519 total posts
Name: Kerry
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Re: eBay Question
Posted by sticklee
Posted by kerrycec03
I see nothing wrong with it. Its the American Supply/Demand way
i don't think the "american way" is to buy a store out of something just to turn it around and sell for a profit. i think the american way it to come up with your OWN idea, market it, and sell it
aww, look through American History, supply & demand has always been a factor in the US history. -Why is gas so much right now? -Why was there a gas strike and gas prices so high in the late 70's? -Why were so many jobs created in the 1920's when we were at war?
Its supply and demand. And right now there is a demand for Ninendo WII's
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Posted 12/19/07 4:07 PM |
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sticklee
LIF Adult

Member since 8/06 2984 total posts
Name: Stick
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Re: eBay Question
Posted by kerrycec03
Posted by sticklee
Posted by kerrycec03
I see nothing wrong with it. Its the American Supply/Demand way
i don't think the "american way" is to buy a store out of something just to turn it around and sell for a profit. i think the american way it to come up with your OWN idea, market it, and sell it
aww, look through American History, supply & demand has always been a factor in the US history. -Why is gas so much right now? -Why was there a gas strike and gas prices so high in the late 70's? -Why were so many jobs created in the 1920's when we were at war?
Its supply and demand. And right now there is a demand for Ninendo WII's
i have an economics degree - i know what supply and demand is
however, usually it means that the manufacturers can't keep up with the demand. i bet if we cut out all of the middle-men ( like the people who buy wii's and sell them on ebay) there would be more than enough to go around. unfortunately, though, people are buying them up not because they have personal demand for the item - but because they are going to resell for twice the price. sorry, but i'll never get it. i wouldn't want to make my money off of a dad who will stand in line for 8 hours so his kids can have a video game
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Posted 12/19/07 4:10 PM |
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kerrycec03
Mom of 2 beautiful boys!!

Member since 6/06 13519 total posts
Name: Kerry
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Re: eBay Question
Posted by sticklee
Posted by kerrycec03
Posted by sticklee
Posted by kerrycec03
I see nothing wrong with it. Its the American Supply/Demand way
i don't think the "american way" is to buy a store out of something just to turn it around and sell for a profit. i think the american way it to come up with your OWN idea, market it, and sell it
aww, look through American History, supply & demand has always been a factor in the US history. -Why is gas so much right now? -Why was there a gas strike and gas prices so high in the late 70's? -Why were so many jobs created in the 1920's when we were at war?
Its supply and demand. And right now there is a demand for Ninendo WII's
i have an economics degree - i know what supply and demand is
however, usually it means that the manufacturers can't keep up with the demand. i bet if we cut out all of the middle-men ( like the people who buy wii's and sell them on ebay) there would be more than enough to go around. unfortunately, though, people are buying them up not because they have personal demand for the item - but because they are going to resell for twice the price. sorry, but i'll never get it. i wouldn't want to make my money off of a dad who will stand in line for 8 hours so his kids can have a video game
Ok, first off, think back to the Cabbage Patch craze. There was no ebay to blame back then AND the same thing happened. I promise you if you got rid of the middle man there would still be people desperate for a WII, and would still be willing to pay top dollar.
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Posted 12/19/07 4:13 PM |
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Chatham-Chick
*********************

Member since 5/05 10312 total posts
Name:
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Re: eBay Question
Are there many retailers/big time sellers with a substantial amount of Wiis for sale on Ebay?
I didn't search thoroughly, but from what I saw just now, it looks like a lot of small time sellers who were smart enough to pick up a few to several Wiis to make a profit.
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Posted 12/19/07 4:40 PM |
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kerrycec03
Mom of 2 beautiful boys!!

Member since 6/06 13519 total posts
Name: Kerry
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Re: eBay Question
Posted by Chatham-Chick
Are there many retailers/big time sellers with a substantial amount of Wiis for sale on Ebay?
I didn't search thoroughly, but from what I saw just now, it looks like a lot of small time sellers who were smart enough to pick up a few to several Wiis to make a profit.
exactly, there isn't a mass amount, plus stores had limits on how many you could buy.
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Posted 12/19/07 4:50 PM |
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sticklee
LIF Adult

Member since 8/06 2984 total posts
Name: Stick
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Re: eBay Question
Posted by kerrycec03
Posted by sticklee
Posted by kerrycec03
Posted by sticklee
Posted by kerrycec03
I see nothing wrong with it. Its the American Supply/Demand way
i don't think the "american way" is to buy a store out of something just to turn it around and sell for a profit. i think the american way it to come up with your OWN idea, market it, and sell it
aww, look through American History, supply & demand has always been a factor in the US history. -Why is gas so much right now? -Why was there a gas strike and gas prices so high in the late 70's? -Why were so many jobs created in the 1920's when we were at war?
Its supply and demand. And right now there is a demand for Ninendo WII's
i have an economics degree - i know what supply and demand is
however, usually it means that the manufacturers can't keep up with the demand. i bet if we cut out all of the middle-men ( like the people who buy wii's and sell them on ebay) there would be more than enough to go around. unfortunately, though, people are buying them up not because they have personal demand for the item - but because they are going to resell for twice the price. sorry, but i'll never get it. i wouldn't want to make my money off of a dad who will stand in line for 8 hours so his kids can have a video game
Ok, first off, think back to the Cabbage Patch craze. There was no ebay to blame back then AND the same thing happened. I promise you if you got rid of the middle man there would still be people desperate for a WII, and would still be willing to pay top dollar.
i see what you're saying.
it's just that i view the the cabbage patch craze as a true supply/demand issue.. and the Wii craze as artificially created by the people who buy them out only to resell them.
i guess we can agree to disagree!
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Posted 12/19/07 4:51 PM |
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Re: eBay Question
Posted by sticklee
Posted by kerrycec03
Posted by sticklee
Posted by kerrycec03
Posted by sticklee
Posted by kerrycec03
I see nothing wrong with it. Its the American Supply/Demand way
i don't think the "american way" is to buy a store out of something just to turn it around and sell for a profit. i think the american way it to come up with your OWN idea, market it, and sell it
aww, look through American History, supply & demand has always been a factor in the US history. -Why is gas so much right now? -Why was there a gas strike and gas prices so high in the late 70's? -Why were so many jobs created in the 1920's when we were at war?
Its supply and demand. And right now there is a demand for Ninendo WII's
i have an economics degree - i know what supply and demand is
however, usually it means that the manufacturers can't keep up with the demand. i bet if we cut out all of the middle-men ( like the people who buy wii's and sell them on ebay) there would be more than enough to go around. unfortunately, though, people are buying them up not because they have personal demand for the item - but because they are going to resell for twice the price. sorry, but i'll never get it. i wouldn't want to make my money off of a dad who will stand in line for 8 hours so his kids can have a video game
Ok, first off, think back to the Cabbage Patch craze. There was no ebay to blame back then AND the same thing happened. I promise you if you got rid of the middle man there would still be people desperate for a WII, and would still be willing to pay top dollar.
i see what you're saying.
it's just that i view the the cabbage patch craze as a true supply/demand issue.. and the Wii craze as artificially created by the people who buy them out only to resell them.
i guess we can agree to disagree!
I do not think that the number of people who bought Wii to sell on e-bay really puts a dent into the demand for them. As for the cabbage patch kids, there were definitely people who bought them to re-sell them. I'm old enough to remember.
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Posted 12/19/07 5:08 PM |
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melbalalala
Little Lady

Member since 5/07 5015 total posts
Name: Melissa
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Re: eBay Question
Posted by kerrycec03
As a re-seller myself, I don't see anything wrong with it. In fact, I kick myself all the time that I didn't buy some when I saw them in Aug in Costco.
I see nothing wrong with it. Its the American Supply/Demand way
I agree with you and all of your other posts on this topic.
What is happening with the Wii is certainly not unique to the American economy. Almost everything we buy has inflated prices because of all the middlemen involved.
We should be happy that there are other Joe Shmoes out there like us making profits on this instead of some huge re-seller.
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Posted 12/19/07 5:12 PM |
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Re: eBay Question
Posted by melbalalala
Posted by kerrycec03
As a re-seller myself, I don't see anything wrong with it. In fact, I kick myself all the time that I didn't buy some when I saw them in Aug in Costco.
I see nothing wrong with it. Its the American Supply/Demand way
I agree with you and all of your other posts on this topic.
What is happening with the Wii is certainly not unique to the American economy. Almost everything we buy has inflated prices because of all the middlemen involved.
We should be happy that there are other Joe Shmoes out there like us making profits on this instead of some huge re-seller.
I really need to become a Joe Schmoe and make a profit.
Oh, I am not sure if that came out right, sorry.
Message edited 12/19/2007 5:16:34 PM.
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Posted 12/19/07 5:15 PM |
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itkocak
Member since 7/07 7639 total posts
Name:
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Re: eBay Question
Message edited 11/15/2011 4:00:54 PM.
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Posted 12/19/07 5:29 PM |
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PreshusSmurf
So in love with my little guys

Member since 1/07 2963 total posts
Name: Jess
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Re: eBay Question
I do think that in some cases eBay does serve a good purpose though ...
For example, there were certain items I wanted for my wedding that were much easier to find on eBay (and much less expensive) than if I tried to find the same thing locally
Like the sports themed garters I wore
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Posted 12/19/07 5:34 PM |
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SweetestOfPeas
J'taime Paris!

Member since 3/06 32345 total posts
Name:
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Re: eBay Question
I blame the suckers who pay that much for these things, not the sellers.
last Christmas it was Sony PS3, and ppl were buying them on eBay for thousands of $'s. a few months later, they were collecting dust on the store shelves. the same will happen with the Wii
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Posted 12/19/07 5:42 PM |
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sticklee
LIF Adult

Member since 8/06 2984 total posts
Name: Stick
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Re: eBay Question
Posted by imthekevinofcindyandkevin
Didn't Nintendo slow production or something on the Wii? I just used that as an example. I get that people will pay thru the nose for something but it seems "shady" to me like taking advantage. I know someone will say it's not taking advantage if the buyer is willing to pay that price... just something I personally would not do.
that's how i feel too. just something i wouldn't personally do - nor would i buy something for more than it's worth on ebay - i'd much rather wait until the craze passes and i can pay fair retail value
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Posted 12/19/07 6:13 PM |
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Chatham-Chick
*********************

Member since 5/05 10312 total posts
Name:
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Re: eBay Question
Posted by imthekevinofcindyandkevin
Didn't Nintendo slow production or something on the Wii? I just used that as an example. I get that people will pay thru the nose for something but it seems "shady" to me like taking advantage. I know someone will say it's not taking advantage if the buyer is willing to pay that price... just something I personally would not do.
I don't think Nintendo deliberately slowed production to create a greater demand. It's not like they increased the retail cost of their product because there were fewer of them. I just think they didn't anticipate such a high demand. They were having issues as far back as April with not being able to supply enough Wiis, so the holidays have only made it worse.
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Posted 12/19/07 6:43 PM |
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Beth
The Key to your new home....

Member since 2/06 24849 total posts
Name: Beth
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Re: eBay Question
I see it as simple supply and demand
and as a re-seller on ebay- who recently sold a pair of uggs for $100 more then I paid - I think it's great
I normally sell items for LESS then the retail- but it was for once to get more then the retail value
I spent the time looking for them- that counts for something
on a site like ebay- the market sets the price
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Posted 12/19/07 7:49 PM |
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