Baffled by Pricing Strategy
Over the course of the last two years, I’ve been on here and AudioMart roughly daily. Like most of us, I always have some items on my Watchlist but I’m especially active looking at the gear in my price point right now. One oddity that I can’t wrap my head around: Person posts their used gear, it doesn’t sell for months even after lowering the price, and their strategy is to raise the price?!?? People certainly have the right to ask for whatever they want but each time I see this I think to myself “yup, that’ll get it sold…”. From what i can tell, it’s not been in response to manufacturer’s price changes, product scarcity etc…. and it’s not like the community hasn’t seen the previous, lower price. What’s the logic here?
As an occasional seller, I have in fact noticed that no matter whether I price something high or at a bargain low, buyers ask for, and often insist on, a reduction in the selling price. $)#*@ |
