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StrayNeko Posted: Please don’t call my customers stupid. A 10-20% profit margin is not price gouging, especially when my auctions have reserves that are usually less than 1% above my own cost. StrayNeko Posted: I sell the Hacker Hero book currently for 90K, and have sold it for as low as 60K. In fact, I set a 60K reserve for all of my Hacker Hero books.
zagerblag Posted: I set my Reserves at just above my own purchase price. For example, my Tumorous Kidneys have a reserve price of 650,000. My purchase price is 643,200, so this is a 1% markup. The Buyout price is currently 750,000, which is a 16.6% markup. I may lower that soon, but at that price, they sell fairly regularly. I also regularly run sales as well. The reason I offer different prices for reserves and buyouts is to accommodate more than one type of customers, as explained in my Storefront. For those looking to get the lowest possible price, my Reserve Auctions allow them to get those items for barely more than I pay for them. For those looking to get an item ASAP, the Buyout price allows them to use their item immediately, not three days later.
I cater to both demographics, and I do so fairly.
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Posted On: 03/20/2009 8:28PM | View Acid Flux's Profile | # |