I kind of lean towards ‘greed’, though I think more correctly it can represent an inflexible or possibly immature business practice. If you have an immediate sale/turnaround in play, then your profit margin can absolutely be lower than the normal mark-up you need, but some people are just not able to adjust from their theoretical benchmark. Something similar happens when people continue to list an item way above market value. It might eventually sell, but if it takes years and years, then it might mean that you overpriced and inflation lowered your price for you.
People are free of course, to do what they want, so over time it just informs me about with whom I should deal. From: MoPo List [mailto:[email protected]] On Behalf Of Tommy Barr Sent: Friday, October 13, 2017 5:19 AM To: [email protected] Subject: [MOPO] Right price? All been a bit quiet here recently, so here is a hypothetical situation for you to consider. A dealer advertises on MOPO that they are looking for a particular poster, and you reply that you have one for sale at $500. They respond that current auction prices are around $300, so you suggest that they would have to wait for an auction then. You point out that they are likely (according to past data) to be looking to sell the poster to their client for around $1500, so your price is reasonable. Their answer is that, although they haven't been able to find the item elsewhere, as a dealer it makes no sense to 'overpay'. Does that in fact make sense, or are they just being greedy? Tommy _____ To unsubscribe from the MoPo-L list, click the following link: https://listserv.american.edu/scripts/wa-american.exe?SUBED1=MoPo-L <https://listserv.american.edu/scripts/wa-american.exe?SUBED1=MoPo-L&A=1> &A=1 Visit the MoPo Mailing List Web Site at www.filmfan.com ___________________________________________________________________ How to UNSUBSCRIBE from the MoPo Mailing List Send a message addressed to: [email protected] In the BODY of your message type: SIGNOFF MOPO-L The author of this message is solely responsible for its content.
