Price Gouging
I suppose i could be classed as your classic price gouger my prices aimed for the twink markets are extremely high. Many people see people like me as "Evil Traders" trying to rip people off. My opinion though is that its not as such the fault of the trader that the prices are high. After all if people didn't pay them they would come down fast enough.
Honestly in real life this is seen all the time. Do you honestly believe when you buy your brand name items over your cheaper alternatives there as much of a difference in quality of the product as the price suggests ??
What you are paying for in truth is nothing more than the brand name. The price for these brand name items it high because people will pay it.. What truly determines the price of an item is the amount of competition the item has and what the public are willing to pay. Hence my advice to those that think price gougers are evil ... look no further than the people willing to pay these prices.
Honestly in real life this is seen all the time. Do you honestly believe when you buy your brand name items over your cheaper alternatives there as much of a difference in quality of the product as the price suggests ??
What you are paying for in truth is nothing more than the brand name. The price for these brand name items it high because people will pay it.. What truly determines the price of an item is the amount of competition the item has and what the public are willing to pay. Hence my advice to those that think price gougers are evil ... look no further than the people willing to pay these prices.
posted by leiela at 2:39 AM
1 Comments:
First thanks for doing this. It is a great read and I am following you all the way.
Price gouging is such a stange thing. I do not personally make twing items, though I suppose I should. Like you said, if people weren't buying them, the prices would be lower. I agree, this is not gouging. Besides, if you price things to reasonable, someone will buy it and resell at "gouging" prices.
Anyway, good work, I am really enjoying this.
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