Matthias99
Diamond Member
- Oct 7, 2003
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Originally posted by: PC Surgeon
Originally posted by: Ronin
How does honesty come into play here? They're charging a margin for the cards. Basic demand principles (you know..Econ 101?). There's no ethical debate here, it's basic capitalistic motive, and if you were in their position, you'd do the same, I'd venture.
How does honesty come into play? You question honesty in business? Remind me not to do any business with you. Call it what it is bro, simple GREED! I've never had 'Econ 101' and don't need it if honesty isnt taught.
Price-gouging on basic necessities when people have nowhere else to go is dishonest and unethical. Charging what the market will bear for luxury items is basic economics.
Would I do the same? NO! Reason? Because not only would I sell out (just like they do) the customers would remember my name, and thank me for not ripping them off. Then you would have the ever so important "return buyers". It's not always about money you know. When I do business, I want to know I can trust that company that they won't rip me off. Something these e-tailors don't seem to get.
An admirable position, but that can be tough to stick to when you know you can raise prices 20% or more on an item and still sell all of the ones you have in stock (which could be several thousand dollars of pure profit).
Ronin guy, NEWS FLASH!!!! MSRP IS MAKING A PROFFIT! Do you have to triple the amount of proffits to stay in business? NO! So your reasoning with charging an arm and a leg doesn't hold water. The one's who have no concept of business are the one's who have no concept of HONESTY!!!!
News flash: stores are in business to make money. When demand outstrips supply, raising prices makes more money. If you're only buying the cards from the OEMs at, say, $600 with a $650 MSRP, selling them at $750 means you are making three times as much money on each sale. In a business with pretty small margins, that kind of opportunity can be hard to pass up.