He has 3 left so it already doesn't match.Originally Posted by GoktimusPrime
I hope that his sales figures match this number
Supply and demand - ??? keep telling yourself that.I guess this is the same reasoning from the Sydney house market
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He has 3 left so it already doesn't match.I hope that his sales figures match this number
Supply and demand - ??? keep telling yourself that.
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The difference being that people need housing. Toys aren't a life necessity, people can wait for restocks.He has 3 left so it already doesn't match.
Supply and demand - ??? keep telling yourself that.
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Yeah, but I was looking at it from a profit point of view and not the need of the buyers.The difference being that people need housing. Toys aren't a life necessity, people can wait for restocks.
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He has 3 left so it already doesn't match.
Supply and demand - ??? keep telling yourself that.
This is a textbook example of supply and demand. Supply is low and demand is high. With high demand comes a higher price. Once supply is high, demand will decrease and so he will be unable to charge $350.
Personally I don't see the big deal. If people want to pay an impatience tax, then they are free to. Some people seem to be getting quite worked up over this (both here and onTCCA). Every time it's pointed out that Devastator will be released by other retailers soon, there is a post almost immediately after it going "But will it? HOW DO YOU KNOW???? What if it's not? OMG Big W had the whole world's supply of Devastators AND NOW THEYRE ALL GONE!! NOOOOOOOOOOO!!"
Or something to that effect.
Perspective people.
Dovie'andi se tovya sagain
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Blasphemy and sacrilege. People need toys, and we only need housing to store them. Who here among us can honestly say they haven't spent money for food, clothing or medicine on toy robots? 😇The difference being that people need housing. Toys aren't a life necessity, people can wait for restocks.
On the lookout for MISB Headmaster Highbrow, Takara or Hasbro. I'm sure I could make you a sweet deal!
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Yes, people are free to pay whatever. It still doesn't make it right.
We can also do this, right? We can be a-holes and simulate the effect of supply is low by buying multiples and since the demand is high, we can also make profit from it. But we don't.
We don't want to support scalpers even if others do. But we also don't want to create a norm that this price is still acceptable to pay. Otherwise, the RRP may rise as well. I think this is something that Australia has accepted as perfectly normal or acceptable. We have higher wages so everything is higher and market size is smaller and whatever justification we believe makes it right to be expensive.
It's creating an environment of overvalue and unaffordability. Sure it's ok for those that can afford it. But what about those who can't?
I guess the outrage comes from those that want to keep this toys affordable instead of going the way of some toys that are only for the rich.
I remember the comment of Gok to a salesperson that was surprised that adults are buying devy. She had the expectation that $200 toy is normal for a kid to haveinstead of an Adult collector who can afford it.
Last edited by jazzcomp; 2nd July 2015 at 11:54 AM.
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this is scalping plain and simple, there should be an easy way to report the listing on eBay in the same manner that ticket scalpers can be reported.
His arrogance is a bit much calling out both OTCA and the facebook Collector club.
it's unfortunate that people are willing to pay his prices and that he's making a profit, I'm more concerned about parents that aren't plugged in to the community enough to know there are more coming out but they are aware enough that their child really wants this so they are willing to fork out the cash to make sure that Jr. gets a Devastator for a birthday or Christmas. these people might actually forego food (for themselves) to make sure they can afford a present for their child.
The only reason to buy multiples and sell like this is for profit at others expense, I'm tempted to go to the Penrith fair just to call this guy out in front of all the other tables and customers.
I might make a few offers starting at $10 and going up in increments of $10. If 100 people did this or asked inane questions he would have to refuse or at least check to make sure a question wasn't legit, it would make his listing more trouble for him to manage than he expected.
at the end of the day it is a supply and demand scenario and in a couple months he won't be able to sell above retail as supply will have increased but at the moment he's taking advantage of people. it's selfish and as others have mentioned immoral.
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Like I said is the fact he bought 7 is what pisses people off.
If he does it quietly I think people would ignore.
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I don't think buying 7 of them really made that big a difference.
Big W was supposed to get 1000 of these.
He bought 0.7% of the supply...is that really worth getting upset over?
The only people affected are those that would have bought from the shop he cleaned out.
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to them, we're a pretty small market. The reason places like Big W, Target, Myer etc have their toy sales around now is that parents find it a lot more affordable to layby Christmas presents now and pay it off over 6mths, as the min repayment for Big W is $5 per fortnight - vs potentially $1000 or more in one hit in December if you've got 2-3 kids.
I remember the comment of Gok to a salesperson that was surprised that adults are buying devy. She had the expectation that $200 toy is normal for a kid to have
Working a midnight opening for Kmart one year, customers would be streaming in, loading up with toys, games consoles and games, then going straight to layby. One customer I helped out in the electronics section at about 1am didn't leave the store until 4:30am as the layby queue was that long. The coffee shop owner made a killing by coming in to take orders, going back, making the coffee, bringing it in and taking new orders all over again.
But that's all a little off-topic now.
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