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Acid Flux

Avatar: 6767 Tue Mar 17 11:41:54 -0400 2009
20

[Country Kitchen an-
d Flea Market
]

Level 35 Troll

KYOUBAI IS SUPER-SERIOUS BUSINESS

StrayNeko Posted:

nah actually I’m just stating facts, he’s the one who claimed he doesn’t over charge for stuff, 10-15% is all the mark up he puts, with his maxed out frug.

Acid Flux Posted:

Most of the legitimate Storefronts here don’t have more than a 10-15% markup for most items.

I never said that all of my items were limited to a 15% markup. I have toyed with the idea of having a specific markup percentage for all items. However, that’s not how the market system effectively works. Anytime I introduce a new item, there is a period of ‘market testing’ to see what people are willing to pay for an item. If I find that I am having to restock items constantly, I adjust the price up. If I find that items move sluggishly, I adjust prices down.

This is supply & demand.

Additionally, I monitor other legitimate Sellers to see what their items are selling for, and adjust my prices accordingly. I even communicate with other Sellers to make sure that we are offering fair prices across the board.

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