Originally posted by: RagingBITCH
This is what capitalism is based on.. selling it for less so people will buy it from YOU. Hello?
Everything goes this way. Here is an example of how this is different. I go to BestBuy and I say Compusa has this drive for 129 can you beat that price. They say yes or no depending but often I can get a better price.
I ask on Playstation 2 and the man says "I am sorry but we can not sell that unit for less than 199"
Hmmm how strange, We can not sell for less.. why?
So you're telling me CompUSA actually sold it for $129 and this example actually happened? The salesperson
CAN'T sell you something under the listed price without a manager overriding it. And how much do you think the stores actually buy the PS2s for? Huh? $50? $25? $1? I'm guessing near $150.
You talk about capitalism - if everyone is already buying it from you, why sell it for less? Stores on Yahoo are no-name stores who
HAVE to draw attention to themselves to get people to buy stuff from them. Would you ever hear of a store called Yahoo! GamesExpressSuperStoreXboxPS2GamecubeGBADreamcastblahblah if they didn't have a PS2 for under $199? Hell no. BB, CC, and CompUSA all can sell it for $199 because everyone knows about those stores. It's not like no one has ever heard of those stores and no one is buying PS2/XBox/GC. Simple economics states the equilibrium price is where quantity demanded = quantity supplied. $199 is pretty much an equilibrium price. I don't know a single person who wants either a GC, PS2, or XBox that can't afford one at that price. At $150 or $100 it'd be a shortage, wouldn't you think? Everyone I know would go out and buy one that day if the price dropped to $100.
Many many things have MSRP's on them but do to competition the prices fall and you can shop around. Sony among others says sell this unit for 199 and all stores do. Even long after the unit price dropped you can not find a new unit for under 199.
Long after? The price drop happened at E3, a couple months ago. You talk about competition - Sony dropped the price from $299 to $199 MSRP - forcing Nintendo and Microsoft to drop their prices on their respective consoles. Why would stores drop their prices even lower when the respective consoles just dropped their prices $100 and $50 respectively?