I have also witnessed this phenomenon on other sites. One in particular, is an amp that has been for sale for about a year,and the price goes up and down about a grand. I don’t get it,but hey, who am I?
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?