Gold Capped Ask an Auctioneer: My first mailbag

Reader Comments (Page 1 of 1)

7-22-2010 @ 12:45PM

Boobah said...

You'll have to forgive us, then, because you sound an awful lot like the folk who come around to complain that their personal fiefdom in the marketplace is DOOMED because Basil mentioned it.

The fact is that undercutting can make the difference between making a sale or having to relist later. It's also true that more people are likely to buy if the price is lower. And that while lower prices for finished goods makes life a little more difficult for the people providing them, their customers rejoice. Finally, if the undercutting bugs you that much, and costs you that much, and you think the market will support a higher price... why aren't you scooping up the bargains yourself and relisting them at the correct price? Seems like easy money.

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