TMR starts at a 'normal' price and then discounts the item by 1% percent about every 2 weeks. This results in the odd pricing. The 1% discount continues until the item is sold.
I have both purchased and sold item using The Music Room and recommend them.
I for one am annoyed that TMR has basically taken over audiogon to the point that they’re driving up prices on the site in general. I would venture to guess that TMR accounts for 50 percent or more of listings. BTW, they also list everything on eBay and for less.
When you add shipping and taxes, which is how I figure the price of a purchase, it's not going to be a round number no matter what number you start with.
You'd be more comfortable with speakers at $999.95?
It's just like your goofy tax deductions. You know listing all your deductions at even dollar amounts will raise red flags. Besides, $1008 looks like it must have been carefully determined in order to fit some scientific profit formula. The sales manager made it up after making sure it would bring a price he could live with.
They seem to have their business processes down pretty well. I’d wager they have an automated algorithm that automatically determines the right price for them to sell at.
I fail to see the issue or strangeness, maybe it's me....I'd be more concerned about the quality of the item, how many miles on it, how many owners, the condition. Who cares if it's a buck over a 100 or 500 or whatever.
I’ve seen sellers with multiples of the same item, pairs of tubes for example. This is done to prevent confusion as to which add is being responded to. I think in this case it’s just to grab attention. Kinda like filling my truck at $6.29 & 9/10 for diesel .😆
Must be using some kind of algorithm that doesn’t round up or down to “charm” pricing. The psychology around ending price points is a topic unto itself.
It is also possible that they enter their cost for an item in the computer and it multiplies that figure by a desired percentage for the sale price. The computer would not care if that figure was not an even number, but would automatically arrive at a price for each item. I used to use Quickbooks in my business, and it had that feature.
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