not so nice

[Steven Valys]

Anybody else notice the nice "bait and switch" in the classifieds today? I thought there was some kind of laws against that? Still an awesome price though, but way out of my league.

 

[Anastasia]

Eeeer, whats "bait and switch"??

 

[Steven Valys]

selling an item for a low price at first, and raising it when they know there is a demand.

 

[Arachno_Shack]

Example?

I might know what you mean, but please feel free to PM me an example...

Thanks!

Tim

 

[Anastasia]

selling an item for a low price at first, and raising it when they know there is a demand.

Ahh, gotcha, nope thats not good

 

[Noexcuse4you]

Its not a bait and switch.

Wikipedia defines bait and switch as a form of fraud in which the party putting forth the fraud lures in customers by advertising a product or service at an unprofitably low price, then reveals to potential customers that the advertised good is not available but that a substitute is. The goal of the bait-and-switch is to convince some buyers to purchase the substitute good as a means of avoiding disappointment over not getting the bait, or as a way to recover sunk costs expended to try to obtain the bait. It suggests that the seller will not show the original product or product advertised but instead will demonstrate a more expensive product.

Now, if the person advertises something at a certain price, but then realizes that he could get more money so he raises the price, he can certainly do so. But generally, if you want something and see a rare opportunity to get it a good price, you'd better jump on it right then and there while its still around!

 

[von_z]

Since when did Wikipedia become a reliable source???:?

 

[Noexcuse4you]

So lets say you only have a quarter tank of gas left in your car. You pass a sign that says "Gas $2.95" You think, "Oh I can make it to work and back a few more times, I'm going to wait until tomorrow." Tomorrow comes and gas is up to $3.20. Yeah it'll piss you off, but can the gas companies do that? Of course they can, otherwise every gas company would be behind bars!

Fill up your gas tanks when you find cheap gas and you won't have to go through the hassle of being pissed off and paying higher prices.

 

[bluefrogtat2]

also noticed

considered it too.then relooked and said nah.same old song and dance
andy
ps early bird gets the worm,not a true bait and switch.at least they are coming down

 

[Steven Valys]

So lets say you only have a quarter tank of gas left in your car. You pass a sign that says "Gas $2.95" You think, "Oh I can make it to work and back a few more times, I'm going to wait until tomorrow." Tomorrow comes and gas is up to $3.20. Yeah it'll piss you off, but can the gas companies do that? Of course they can, otherwise every gas company would be behind bars!

Fill up your gas tanks when you find cheap gas and you won't have to go through the hassle of being pissed off and paying higher prices.

You're not comparing to apples to apples. The gas station doesn't have a say over the cost of gasoline. It's OPEC, the importer, and the refineries, that determine what gas is from day to day. The gas stations only make 1-2 cents a gallon if they're lucky.

To set the record straight, the early bird called to catch the worm before the price got bumped up. I'm still waiting for a return phone call.

 

[Moltar]

So do you think the poster did it on purpose or could it have just been an honest mistake they went back and fixed?

 

[UrbanJungles]

Hmmmm....

I hope you aren't holding your breath on being an early-bird. Seems like that species is extinct.

 

[Talkenlate04]

Ether way if it was done on purpose or not I don't think there was anything wrong with it.

If I post something that I to sell for sale for $100 bucks, but when it comes down to closing the deal I say I changed my mind on the price because the T is worth more to me then I originally was asking for that is not bait and switch. That is me setting my price for the T that I am selling. If that person does not think the price is fair, well then they are free to go elsewhere aren’t they. The seller has the right to change the price as they please. The buyer in turn has the right to tell me to screw off and jump in a lake and go elsewhere to buy their T.
But with all that said I don't do that normally. When I do sell something I think about the price I want for it, the TOTAL price id want (including paypal fees) and I set one price. I don't see a point to saying I want $100 and the buyer pays the 3% paypal fee as well. I just roll that into one price and leave it at that price. You don't see ads from me that often where I drop a price just to get it sold.

 

[Steven Valys]

So do you think the poster did it on purpose or could it have just been an honest mistake they went back and fixed?

I don't think it was a mistake. It was posted here and two different spots on the business's website. I know I wouldn't wait through 4 hours of phone and email orders requesting the invert at that price before realizing it was a typo.

 

[Talkenlate04]

You never know, maybe it was a typo. I know I get on here at weird hours and post ads when I am tired and not all there and sometimes they make no sense to me at all the next morning when I read them.

I'd like to hope that most people are not out to screw people over. I know they are out there, but I like to think they are the few.

 

[Anastasia]

Ether way if it was done on purpose or not I don't think there was anything wrong with it.

If I post something that I to sell for sale for $100 bucks, but when it comes down to closing the deal I say I changed my mind on the price because the T is worth more to me then I originally was asking for that is not bait and switch. That is me setting my price for the T that I am selling. If that person does not think the price is fair, well then they are free to go elsewhere aren’t they. The seller has the right to change the price as they please. The buyer in turn has the right to tell me to screw off and jump in a lake and go elsewhere to buy their T.
But with all that said I don't do that normally. When I do sell something I think about the price I want for it, the TOTAL price id want (including paypal fees) and I set one price. I don't see a point to saying I want $100 and the buyer pays the 3% paypal fee as well. I just roll that into one price and leave it at that price. You don't see ads from me that often where I drop a price just to get it sold.

Ryan, you mean if I post a spider for sale for 100bux
get load of PM's about it and say myself, Hmm, wow
every buddy wants it, le me raise the price to 150 and lets see if they still want it, right?
thats is just for example
PS I always though its the other way around, set at 150 and if its seems high lower to 100, eh
whatcha think on this one

 

[Talkenlate04]

Ryan, you mean if I post a spider for sale for 100bux
get load of PM's about it and say myself, Hmm, wow
every buddy wants it, le me raise the price to 150 and lets see if they still want it, right?
thats is just for example

Yes, that is what I mean. Some people have no clue what to price their T at. So when they do pick a price and get a zillion Pms, well they just learned that that T or whatever was more popular then they thought and of course they are going to raise the price. Who wouldn’t? Let's be frank here, people sell Ts to make a little money. Most of us take that money and put it right back into the hobby. But still, the whole premise behind "selling" something is to make money off the sale even if it’s just making the money you spent back.

Another way I know people use is if they have more then one of something they want to sell, they only advertise 1 at a decent price, but presto 10 different people have a new T the next week from that same person. They only advertised 1 to give the illusion that it was a hot deal going fast, when they knew from the start they had plenty of backups to sell to anyone that sent a PM. I don’t think there is anything wrong with that ether.
In my opinion if you feel slighted in any way that it is partly your fault as a buyer too. I always operate under the assumption that if it's to good to be true, then its not. Buyers always have to be on the defensive, just like sellers.

PS I always though its the other way around, set at 150 and if its seems high lower to 100, eh
whatcha think on this one

I don't do the high price first........ that makes no sense. Mainly because you will get no takers the first go round if everyone is used to seeing you drop your price three days later or less. I just set a price and leave it. That's just me though.

 

[Anastasia]

Yes, that is what I mean. Some people have no clue what to price their T at. So when they do pick a price and get a zillion Pms, well they just learned that that T or whatever was more popular then they thought and of course they are going to raise the price. Who wouldn’t? Let's be frank here, people sell Ts to make a little money. Most of us take that money and put it right back into the hobby. But still, the whole premise behind "selling" something is to make money off the sale even if it’s just making the money you spent back.

Another way I know people use is if they have more then one of something they want to sell, they only advertise 1 at a decent price, but presto 10 different people have a new T the next week from that same person. They only advertised 1 to give the illusion that it was a hot deal going fast, when they knew from the start they had plenty of backups to sell to anyone that sent a PM. I don’t think there is anything wrong with that ether.

I see

In my opinion if you feel slighted in any way that it is partly your fault as a buyer too. I always operate under the assumption that if it's to good to be true, then its not. Buyers always have to be on the offensive.

no, me not feeling anything, just I wuld say that is good way to make peeps disappointed, Am just saying

I don't do the high price first........ that makes no sense. Mainly because you will get no takers the first go round if everyone is used to seeing you drop your price three days later or less. I just set a price and leave it. That's just me though.

Thats fine everyone do their own way

 

[Talkenlate04]

no, me not feeling anything, just I wuld say that is good way to make peeps disappointed, Am just saying

I get what you are saying. It has happened to me before. I see a price on a T and I pm the person and get told the price is higher that sucks. But still there is no reason to get all cranked up about it. I have a choice as a buyer to take the higher price or pass. And most of the time I politely decline. I doubt whatever is being sold is so rare I can't find it somewhere else later at a price I think is fare.

I guess we are arguing business ethics 101 and everyone will have a different take on this issue. None of those different views are wrong, but no one is powerless in these situations. Your not being taken to the cleaners and screwed because you always have a choice.

 

[UrbanJungles]

Some people have no clue what to price their T at. So when they do pick a price and get a zillion Pms, well they just learned that that T or whatever was more popular then they thought and of course they are going to raise the price. Who wouldn’t?

I wouldn't.
If I advertise something at a price, I don't want to disappoint a customer who's ready to pay the advertised price...part of the customer service experience no? If I know someone has done this it raises red flags for me because the person is a tad greedy...doesn't mean bad...just after ca$h so I'm cautious. Luckily we all have choices...for some species anyhow.