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Re:Nonprofit markups.org is exposing the most egregious new ... by peoplefromibiza on Wednesday August 03, 2022 @08:52AM (#32331018)
how about you sell it at the listed price to the first who comes in to sign the contract?

Maybe those who were too late will come back and be quicker to decide next time, because they think you are fair.

If you make it all about who has more money, they'll go to another dealer.

There's no shortage of them.

Imagine if any store did that: you go to an Apple store to buy a new iPhone, there are 20 people in front of you. Are you ready to outspend some of them?

Re:Nonprofit markups.org is exposing the most egregious new ... by bmelton on Wednesday August 03, 2022 @09:29AM (#32331424)
Hypothetically, if I were your competitor and you adopted this policy, what would stop me stationing an employee with purchasing power at your door and just being the first one to buy every car as it comes into your lot, taking it home and then marking it up to the actual market rate?
Re:Nonprofit markups.org is exposing the most egregious new ... by peoplefromibiza on Wednesday August 03, 2022 @09:33AM (#32331473)
why should I care? Hypothetically that would make me rich in a very short time span and I could afford to buy and resell more expensive cars or buy at volume and make better deals.

You would be basically financing my business, at zero interest rate, while I also make a profit on the money you give me.

You do realize that profit is "the excess of returns over expenditure"? it's not given that you are making more money than me (I could easily have an higher markup), but for sure I'm having less problems than you finding customers!

Thank you for doing it.

I got more cars coming, see you on Monday!

Re:Nonprofit markups.org is exposing the most egregious new ... by JumpCrisscross on Wednesday August 03, 2022 @10:01AM (#32331766)
> I got more cars coming, see you on Monday!

This is sort of the problem, though, isn't it? There aren't more cars coming on Monday.

Re:Nonprofit markups.org is exposing the most egregious new ... by peoplefromibiza on Wednesday August 03, 2022 @11:03AM (#32332704)
Have you run out of money?

your assumption is that by buying everything I got from me and selling at an higher price than me (doesn't mean higher markup) you are pushing me out of business.

Or that you are monopolizing the market buying all the cars, assuming that you can buy the tens of millions of used cars around.

You're also assuming that I am stupid and I'll let you do that, in the name of principles.

The second time I see you coming in to buy a car I'll check who you are, the third time you come you'll be greeted by a "we are not a B2B company, find another supplier".

Re:Nonprofit markups.org is exposing the most egregious new ... by JumpCrisscross on Wednesday August 03, 2022 @11:38AM (#32333199)
The point is dealerships have a limited number of cars to sell, and it's unclear when the next ones will come in. If I want a car and the dealership is out, I'm fine paying a premium or financing the car through them or whatever to get priority. That's how the market moves up.
Re:Nonprofit markups.org is exposing the most egregious new ... by bmelton on Wednesday August 03, 2022 @10:57AM (#32332630)
Aside from the last sentence, I agree, and a fun reminder that raising prices is a good way to mitigate against high demand / low supply.

That said, I was expecting to be countered on the inherent riskiness of my position, as I'd forgotten that it is indeed mutually beneficial but for that.

Re:Nonprofit markups.org is exposing the most egregious new ... by selectodude on Wednesday August 03, 2022 @09:24AM (#32331371)
Plenty of people are, hence the markups on new devices immediately after launch on eBay.
Re:Nonprofit markups.org is exposing the most egregious new ... by peoplefromibiza on Wednesday August 03, 2022 @09:37AM (#32331497)
they are not overspending anyone, they are simply trading their time to be first in line, while I buy it from my comfy chair at home at the price listed on the website.

and they also need to hope there are enough stupid people on the internet to buy at a markup something sold in the hundred of millions of pieces,one indistinguishable from the other.

more proof that an honest business can serve society better than scammers.

Re:Nonprofit markups.org is exposing the most egregious new ... by alach11 on Wednesday August 03, 2022 @10:16AM (#32331991)
How do you feel about ticket scalpers who use bots to buy up concert tickets, then relist them for higher prices? This is only possible because the the tickets are being sold originally for under market value.
Re:Nonprofit markups.org is exposing the most egregious new ... by peoplefromibiza on Wednesday August 03, 2022 @11:05AM (#32332752)
> How do you feel about ticket scalpers who use bots to buy up concert tickets,

As someone who used to attend more than a 100 concerts/year, I sincerely hate them.

> This is only possible because the the tickets are being sold originally for under market value

No, this is only possible because tickets can be made artificially scarce.

And because there is a portion of the population who owns more money than is able to spend.

Re:Nonprofit markups.org is exposing the most egregious new ... by alach11 on Wednesday August 03, 2022 @12:07PM (#32333556)
> this is only possible because tickets can be made artificially scarce

Surely you agree there's a supply and demand curve for concert tickets, where if the price is sufficiently low, all tickets will be bought, and if the price is sufficiently high, few or no tickets will be bought?

Market value is what people are willing to spend for something. If people are willing to spend more on the tickets (the scalper's price), there's an incentive for the scalper to create bots to scoop up the tickets and resell them. That means the artist performing at the concert is leaving money on the table and letting the scalper profit off their underpricing.

The artist should increase ticket prices and cut out the middle man. Of course there are other systems the artist could use to improve the perceived fairness to fans, like linking ID to tickets, or using a lottery system, or selling tickets to anyone willing to wait in line for days. But all of these have their own pros and cons.

Re:Nonprofit markups.org is exposing the most egregious new ... by selectodude on Wednesday August 03, 2022 @01:52PM (#32334863)
>Of course there are other systems the artist could use to improve the perceived fairness to fans, like linking ID to tickets, or using a lottery system, or selling tickets to anyone willing to wait in line for days. But all of these have their own pros and cons.

Which are all non-money methods of charging more. Whether it's with time or luck.