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Reader Comments (Page 1 of 1)
7-18-2007 @ 5:51PM
Chris M said...
"6. @3 - hah. you'd be pretty wrong about him undercutting himself."
Actually, believe it or not I do this for a LIVING (market analysis) and my work has kept me in business for the last 10 years or so.
If this guy is undercutting everyone SO MUCH that there's been a stink raised about it- I freely assume that we're talking about a 100%+ margin of loss between the closest to 'actual' average; and his auctions.
In that case, yes; he IS undercutting himself.
If I buy item X for $10 and item Y for $18; combine them to make item Z- and sell item Z for $15 - there IS a problem, and I AM undercutting myself. Especially when item Z sells everywhere else for at LEAST $30. People will buy my item Z because it costs less, but am I MAKING money (i.e. profit?) hell no, I lose money on every one that sells.
Chris
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