Quote:
Originally Posted by Brocode
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marketing 101 inflate the price, sell for the true price adding a little more = profit.
example: Market Price 150k, advertise 170k, sells for 152k.
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That's just it. Thing is everyone undercuts your price you post an item at, very rarely is someone buying your item for the amount you ask unless it's cheaply priced or they are in a hurry to buy and leave EC, OR they simply don't know the worth and don't care enough to find out.
Most traders/sellers know this, so they mark items up. The added benefit to marking items up is the auction trackers keep track of the items openly priced, so this will give it added "value."
There are so many variables as to why a person prices an item the way they do, it's not worth getting ruffled over.
Some people price things retardedly high because they don't know any better. Some people price things high because they want maximum profit. Some people price things high because they really don't want to sell the item but will if offered more than what the item is "worth."
The reasons go on and on, which is why I might scoff at a high price and even chuckle at it too, but that's the extent of my concern when seeing items priced high.
People that anger over auction prices, I have a question for you. When you want an item, and see it being auctioned for half the worth, do you make sure to tell the seller it's actually worth double what they asking? That's the "fair" thing to do right? I mean, you would never rip someone off, buying an item for half of what it's worth even though that's what they asking, right?
Nah you don't. You buy it for cheap, because it saves you plats. IMO This is no different than selling an item for double what it's market value is worth then. Chances are it won't sell if a seller is asking double what the item is usually worth, but if it does sell, honestly who cares? That's the business between the buyer and the seller.