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| | | Author: | Daves  | | Posted: | Sep 21, 2021 13:45 | | Subject: | (Cancelled) | | Viewed: | 301 times | | Topic: | Price Guide | |
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| | (Cancelled) |
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| | | | | Author: | yorbrick | | Posted: | Sep 21, 2021 14:29 | | Subject: | Re: Expensive shops | | Viewed: | 151 times | | Topic: | Price Guide | |
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|
Use sold prices instead.
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| | | | | | | Author: | peregrinator | | Posted: | Sep 21, 2021 16:17 | | Subject: | Re: Expensive shops | | Viewed: | 88 times | | Topic: | Price Guide | |
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| In Price Guide, yorbrick writes:
+1
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| | | | | | | Author: | legoman77 | | Posted: | Sep 21, 2021 16:52 | | Subject: | Re: Expensive shops | | Viewed: | 84 times | | Topic: | Price Guide | |
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| In Price Guide, yorbrick writes:
What I did was always just look at what is listed. I think that the price guide
is relatively useless, so look at the items for sale and then sell accordingly.
If you want quick, sell low, if you do not mind waiting sell higher. It was
really hard to go by the price guide when selling sets as every condition gets
lumped together.
John P
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| | | | | | | | | Author: | yorbrick | | Posted: | Sep 22, 2021 02:51 | | Subject: | Re: Expensive shops | | Viewed: | 84 times | | Topic: | Price Guide | |
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| In Price Guide, legoman77 writes:
| | In Price Guide, yorbrick writes:
What I did was always just look at what is listed. I think that the price guide
is relatively useless, so look at the items for sale and then sell accordingly.
If you want quick, sell low, if you do not mind waiting sell higher. It was
really hard to go by the price guide when selling sets as every condition gets
lumped together.
John P
|
For expensive items I do the same, and in fact only look at UK items. For cheap
common parts, just go with the sold average or gut feeling. Parts I could use
if they don't sell get priced higher. Parts I won't use get priced lower.
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| | | | | Author: | tons_of_bricks | | Posted: | Sep 21, 2021 14:52 | | Subject: | Re: Expensive shops | | Viewed: | 137 times | | Topic: | Price Guide | |
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| In Price Guide, Daves writes:
| | I haven't really looked too deeply into this, but is there anything the community
(or admin) can do about shops that overcharge, thereby screwing up the price
guide?
A good example is: https://store.bricklink.com/Binobrick
Check out some of those prices, sheesh. Fifty bucks for a dark tan bush.
I get it, if you charge $1,000 for a lemonade at your roadside stand, you only
have to sell one lemonade and you're done for the day. That's the wonderfulness
of the free market. But I really feel like people on the extreme high end of
the bell curve should experience some level of administrative curtailing in order
for the rest of us to figure out fair pricing for their customers.
Thoughts?
|
Uh no.. this is a free market. If they want to charge $2,000 for a stud, there
shouldn't be any restrictions against that. Instead, what many other users
has requested, is an average that eliminates the ridiculously high and low.
But, like yorbrick said, look at the sold prices. Personally, I never look at
the for sale prices as that doesn't really give a good indication of what
items are worth, but rather what people are hoping they're worth.
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| | | | | | | Author: | runner.caller | | Posted: | Sep 21, 2021 15:09 | | Subject: | Re: Expensive shops | | Viewed: | 93 times | | Topic: | Price Guide | |
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| | | Uh no.. this is a free market. If they want to charge $2,000 for a stud, there
shouldn't be any restrictions against that. Instead, what many other users
has requested, is an average that eliminates the ridiculously high and low.
|
Agree, an option for a PG summary that eliminates the outliers would be fantastic.
| | But, like yorbrick said, look at the sold prices. Personally, I never look at
the for sale prices as that doesn't really give a good indication of what
items are worth, but rather what people are hoping they're worth.
|
Disagree, especially for rare figures as the "sold" includes damaged figures.
So for
as an extreme example.
PG summary indicates $96, but if you filter it to US only, the cheapest USED
one is $129.99 and the fact that it has sold 44 times while there is 8 avail
indicates that demand is stronger than supply so I'd probably price it at
mid-low $140s.
This figure is nuts, just a year ago, the 6mo was in the $60s-$70s, but the principle
applies across other less expensive pieces too.
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| | | | | | | | | Author: | yorbrick | | Posted: | Sep 21, 2021 15:34 | | Subject: | Re: Expensive shops | | Viewed: | 71 times | | Topic: | Price Guide | |
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| | |
PG summary indicates $96, but if you filter it to US only, the cheapest USED
one is $129.99 and the fact that it has sold 44 times while there is 8 avail
indicates that demand is stronger than supply so I'd probably price it at
mid-low $140s.
This figure is nuts, just a year ago, the 6mo was in the $60s-$70s, but the principle
applies across other less expensive pieces too.
|
If the price guide says a figure is worth $96 then surely that is an indication
to take a look a deeper look at both sold and for sale prices and price accordingly
rather than blindly following any average from the price guide.
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| | | | | | | | | Author: | tons_of_bricks | | Posted: | Sep 21, 2021 16:13 | | Subject: | Re: Expensive shops | | Viewed: | 62 times | | Topic: | Price Guide | |
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| In Price Guide, runner.caller writes:
| | | | Uh no.. this is a free market. If they want to charge $2,000 for a stud, there
shouldn't be any restrictions against that. Instead, what many other users
has requested, is an average that eliminates the ridiculously high and low.
|
Agree, an option for a PG summary that eliminates the outliers would be fantastic.
| | But, like yorbrick said, look at the sold prices. Personally, I never look at
the for sale prices as that doesn't really give a good indication of what
items are worth, but rather what people are hoping they're worth.
|
Disagree, especially for rare figures as the "sold" includes damaged figures.
So for
as an extreme example.
PG summary indicates $96, but if you filter it to US only, the cheapest USED
one is $129.99 and the fact that it has sold 44 times while there is 8 avail
indicates that demand is stronger than supply so I'd probably price it at
mid-low $140s.
This figure is nuts, just a year ago, the 6mo was in the $60s-$70s, but the principle
applies across other less expensive pieces too.
|
You do make good points there.
But wow! Yeah, that fig is nuts. I sold a used one a few years ago. I can't
remember the exact price, but I'm pretty sure it was between $20-$40.
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| | | | | | | | | | | Author: | SylvainLS | | Posted: | Sep 21, 2021 16:19 | | Subject: | Re: Expensive shops | | Viewed: | 65 times | | Topic: | Price Guide | |
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| In Price Guide, firestar246 writes:
| | […]
But wow! Yeah, that fig is nuts. I sold a used one a few years ago. I can't
remember the exact price, but I'm pretty sure it was between $20-$40.
|
Imagine how TLG feels: they sold thousands of this minifig for a couple of bucks
(that is, $25 but with 200 parts and 3 other figures).
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| | | | | | | | | | | | | Author: | yorbrick | | Posted: | Sep 22, 2021 02:48 | | Subject: | Re: Expensive shops | | Viewed: | 71 times | | Topic: | Price Guide | |
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| In Price Guide, SylvainLS writes:
| | In Price Guide, firestar246 writes:
| | […]
But wow! Yeah, that fig is nuts. I sold a used one a few years ago. I can't
remember the exact price, but I'm pretty sure it was between $20-$40.
|
Imagine how TLG feels: they sold thousands of this minifig for a couple of bucks
(that is, $25 but with 200 parts and 3 other figures).
|
They can always release another and bring the price back down.
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| | | | | | | | | | | Author: | BrickBuy | | Posted: | Sep 21, 2021 16:24 | | Subject: | Re: Expensive shops | | Viewed: | 62 times | | Topic: | Price Guide | |
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| In Price Guide, firestar246 writes:
| | In Price Guide, runner.caller writes:
| | | | Uh no.. this is a free market. If they want to charge $2,000 for a stud, there
shouldn't be any restrictions against that. Instead, what many other users
has requested, is an average that eliminates the ridiculously high and low.
|
Agree, an option for a PG summary that eliminates the outliers would be fantastic.
| | But, like yorbrick said, look at the sold prices. Personally, I never look at
the for sale prices as that doesn't really give a good indication of what
items are worth, but rather what people are hoping they're worth.
|
Disagree, especially for rare figures as the "sold" includes damaged figures.
So for
as an extreme example.
PG summary indicates $96, but if you filter it to US only, the cheapest USED
one is $129.99 and the fact that it has sold 44 times while there is 8 avail
indicates that demand is stronger than supply so I'd probably price it at
mid-low $140s.
This figure is nuts, just a year ago, the 6mo was in the $60s-$70s, but the principle
applies across other less expensive pieces too.
|
You do make good points there.
But wow! Yeah, that fig is nuts. I sold a used one a few years ago. I can't
remember the exact price, but I'm pretty sure it was between $20-$40.
|
I've not paid attention to SW fig prices for a while, but the hard to find
ones surely are getting expensive (glad I got my collection started early). I'm
wondering what would a sw0102 with full triangle helmet go for now?
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| | | | | | | Author: | legoman77 | | Posted: | Sep 21, 2021 16:50 | | Subject: | Re: Expensive shops | | Viewed: | 52 times | | Topic: | Price Guide | |
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| In Price Guide, firestar246 writes:
| | Uh no.. this is a free market. If they want to charge $2,000 for a stud, there
shouldn't be any restrictions against that.
|
I don't know about the rest of you, but I am a lot cheaper if you need a
stud.
John P
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| | | | | | | | | Author: | popsicle | | Posted: | Sep 21, 2021 17:40 | | Subject: | Re: Expensive shops | | Viewed: | 64 times | | Topic: | Price Guide | |
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| In Price Guide, legoman77 writes:
| | In Price Guide, firestar246 writes:
| | Uh no.. this is a free market. If they want to charge $2,000 for a stud, there
shouldn't be any restrictions against that.
|
I don't know about the rest of you, but I am a lot cheaper if you need a stud.
|
Yeah but, when studs get up into your age John, they’re usually brittle and have
lost their grip 
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| | | | | | | | | | | Author: | legoman77 | | Posted: | Sep 21, 2021 17:43 | | Subject: | Re: Expensive shops | | Viewed: | 81 times | | Topic: | Price Guide | |
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| In Price Guide, popsicle writes:
| | In Price Guide, legoman77 writes:
| | In Price Guide, firestar246 writes:
| | Uh no.. this is a free market. If they want to charge $2,000 for a stud, there
shouldn't be any restrictions against that.
|
I don't know about the rest of you, but I am a lot cheaper if you need a stud.
|
Yeah but, when studs get up into your age John, they’re usually brittle and have
lost their grip
|
That is why I am cheaper.
John P
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| | | | | Author: | StonesHeart | | Posted: | Sep 21, 2021 15:03 | | Subject: | Re: Expensive shops | | Viewed: | 90 times | | Topic: | Price Guide | |
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| Thoughts? To be fair I do not like you "accusing" and posting a shops name just
like that.
I think you should remove your message.
Regards,
Marco
In Price Guide, Daves writes:
| | I haven't really looked too deeply into this, but is there anything the community
(or admin) can do about shops that overcharge, thereby screwing up the price
guide?
A good example is: https://store.bricklink.com/Binobrick
Check out some of those prices, sheesh. Fifty bucks for a dark tan bush.
I get it, if you charge $1,000 for a lemonade at your roadside stand, you only
have to sell one lemonade and you're done for the day. That's the wonderfulness
of the free market. But I really feel like people on the extreme high end of
the bell curve should experience some level of administrative curtailing in order
for the rest of us to figure out fair pricing for their customers.
Thoughts?
|
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| | | | | | | Author: | Tracyd | | Posted: | Sep 21, 2021 15:12 | | Subject: | Re: Expensive shops | | Viewed: | 69 times | | Topic: | Price Guide | |
|
| And why are your thoughts more important than theirs? I don't like you accusing
them. I feel that you should remove your post.
Everyone is entitled to their thoughts and feelings and just because you don't
agree with them doesn't mean they shouldn't be expressed.
In Price Guide, StonesHeart writes:
| | Thoughts? To be fair I do not like you "accusing" and posting a shops name just
like that.
I think you should remove your message.
Regards,
Marco
In Price Guide, Daves writes:
| | I haven't really looked too deeply into this, but is there anything the community
(or admin) can do about shops that overcharge, thereby screwing up the price
guide?
A good example is: https://store.bricklink.com/Binobrick
Check out some of those prices, sheesh. Fifty bucks for a dark tan bush.
I get it, if you charge $1,000 for a lemonade at your roadside stand, you only
have to sell one lemonade and you're done for the day. That's the wonderfulness
of the free market. But I really feel like people on the extreme high end of
the bell curve should experience some level of administrative curtailing in order
for the rest of us to figure out fair pricing for their customers.
Thoughts?
|
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| | | | | | | | | Author: | kzinti | | Posted: | Sep 21, 2021 15:25 | | Subject: | Re: Expensive shops | | Viewed: | 55 times | | Topic: | Price Guide | |
|
| Agree. Even in my little home town, there are shops I visit because I like the
products, and places I don't because they are priced too high, poor quality,
or I don't like the staff, whatever. BrickLink is no different. It is a free
market, well, fairly free. You want to charge $10 for a round plate, have at
it. Same here online though, huge minimum buys, poor quality, high prices, and
bad customer service will lose you my money. Vote with your currency.
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| | | | | | | | | Author: | StonesHeart | | Posted: | Sep 21, 2021 15:25 | | Subject: | Re: Expensive shops | | Viewed: | 67 times | | Topic: | Price Guide | |
|
| True, everyone can have their opinion.
But voicing this opinion has no need to mention any other shops name.
The right for voicing your opinion ends where you step on someone elses rights.
It is just common sense really, give it a thought.
In Price Guide, Tracyd writes:
| | And why are your thoughts more important than theirs? I don't like you accusing
them. I feel that you should remove your post.
Everyone is entitled to their thoughts and feelings and just because you don't
agree with them doesn't mean they shouldn't be expressed.
In Price Guide, StonesHeart writes:
| | Thoughts? To be fair I do not like you "accusing" and posting a shops name just
like that.
I think you should remove your message.
Regards,
Marco
In Price Guide, Daves writes:
| | I haven't really looked too deeply into this, but is there anything the community
(or admin) can do about shops that overcharge, thereby screwing up the price
guide?
A good example is: https://store.bricklink.com/Binobrick
Check out some of those prices, sheesh. Fifty bucks for a dark tan bush.
I get it, if you charge $1,000 for a lemonade at your roadside stand, you only
have to sell one lemonade and you're done for the day. That's the wonderfulness
of the free market. But I really feel like people on the extreme high end of
the bell curve should experience some level of administrative curtailing in order
for the rest of us to figure out fair pricing for their customers.
Thoughts?
|
|
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| | | | | | | | | Author: | Daves | | Posted: | Sep 21, 2021 15:36 | | Subject: | (Cancelled) | | Viewed: | 63 times | | Topic: | Price Guide | |
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| | (Cancelled) |
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| | | | | | | | | | | Author: | StonesHeart | | Posted: | Sep 21, 2021 15:42 | | Subject: | Re: Expensive shops | | Viewed: | 79 times | | Topic: | Price Guide | |
|
| So bottomline. You lost time and you feel that is because someone else is not
using the system right.
Your solution: just mention one of those shops and hang them on the highest tree
as a gossiping example.
Please do not and think better or count to ten next time.
In Price Guide, Daves writes:
| | Thanks, Tracyd!
I'll leave my post up, whatever accusations are inferred, since there is
nothing wrong with citing a particular shop as an example of how to run a business,
whether looking for tips/advice, or questioning methodologies. By all means,
I'd recommend any shop fully for buyers that don't mind paying (a lot)
more if they have lots of things on your Wanted List. And that seller has glowing
reviews, so he's obviously doing something right.
I just happen to think what he's doing to the price guide is wrong. Or at
least, more wrong than right.
The business of overpricing in order to fish for suckers generally seems (at
least, so far here) like a fairly divisive topic and I understand both sides
of what is already a very interesting conversation. I agree that sold items might
carry a better reflection of average market value, but I also agree that the
price itself isn't the only variable to consider; location & condition are
also huge factors for buyers.
Oh, well. It is what it is, which is too bad. I mean, I don't mind doing
a little extra research for a $50-$150 storm trooper, but it'd be nice while
adding 500 new lots if I didn't have to furiously research every 1x2 brick
or 1x4 plate with potential values between zero cents and ten bucks!
--Dave
In Price Guide, Tracyd writes:
| | And why are your thoughts more important than theirs? I don't like you accusing
them. I feel that you should remove your post.
Everyone is entitled to their thoughts and feelings and just because you don't
agree with them doesn't mean they shouldn't be expressed.
In Price Guide, StonesHeart writes:
| | Thoughts? To be fair I do not like you "accusing" and posting a shops name just
like that.
I think you should remove your message.
Regards,
Marco
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| | | | | | | | | | | | | Author: | tons_of_bricks | | Posted: | Sep 21, 2021 16:30 | | Subject: | Re: Expensive shops | | Viewed: | 47 times | | Topic: | Price Guide | |
|
| In Price Guide, StonesHeart writes:
| | So bottomline. You lost time and you feel that is because someone else is not
using the system right.
Your solution: just mention one of those shops and hang them on the highest tree
as a gossiping example.
Please do not and think better or count to ten next time.
|
If that's what you think, re-read his posts. You are clearly mistaken and
putting words in his mouth. If someone doesn't want to be used as an example
for high prices, then perhaps they shouldn't have high prices. There is
absolutely nothing wrong with what OP did.
How about you stop getting offended for someone else. If the owner of that store
has a problem with it, then let them say so; no need for you to.
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| | | | | | | Author: | randyipp | | Posted: | Sep 21, 2021 23:02 | | Subject: | Re: Expensive shops | | Viewed: | 71 times | | Topic: | Price Guide | |
|
| A bit ironic when you quote the post so that when it gets cancelled you are leaving
a copy of it for all to see.
Just one of those things that makes me laugh a tiny bit.
In Price Guide, StonesHeart writes:
| | Thoughts? To be fair I do not like you "accusing" and posting a shops name just
like that.
I think you should remove your message.
Regards,
Marco
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| | | | | Author: | zorbanj | | Posted: | Sep 21, 2021 15:34 | | Subject: | Re: Expensive shops | | Viewed: | 74 times | | Topic: | Price Guide | |
|
| I don't see how this could be administratively possible. As others have posted,
use actual sales. Maybe seller tools will be released someday, over the rainbow,
that allow for outliers to be excluded.
BL isn't the only platform with this issue. I occasionally see LEGO sold
listings on ebay for prices way above the norm. Either the buyer was naive or
it's money laundering.
In Price Guide, Daves writes:
| | I haven't really looked too deeply into this, but is there anything the community
(or admin) can do about shops that overcharge, thereby screwing up the price
guide?
A good example is: https://store.bricklink.com/Binobrick
Check out some of those prices, sheesh. Fifty bucks for a dark tan bush.
I get it, if you charge $1,000 for a lemonade at your roadside stand, you only
have to sell one lemonade and you're done for the day. That's the wonderfulness
of the free market. But I really feel like people on the extreme high end of
the bell curve should experience some level of administrative curtailing in order
for the rest of us to figure out fair pricing for their customers.
Thoughts?
|
|
|
|
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| | | | | | | Author: | Tracyd | | Posted: | Sep 21, 2021 16:04 | | Subject: | Re: Expensive shops | | Viewed: | 55 times | | Topic: | Price Guide | |
|
| In Price Guide, zorbanj writes:
| | I don't see how this could be administratively possible. As others have posted,
use actual sales. Maybe seller tools will be released someday, over the rainbow,
that allow for outliers to be excluded.
BL isn't the only platform with this issue. I occasionally see LEGO sold
listings on ebay for prices way above the norm. Either the buyer was naive or
it's money laundering.
|
Actually admin removed a listing a while back that was way out of line with the
price guide. It was brought up here in the forums. I don't have the time
to attempt to find it.
| |
In Price Guide, Daves writes:
| | I haven't really looked too deeply into this, but is there anything the community
(or admin) can do about shops that overcharge, thereby screwing up the price
guide?
A good example is: https://store.bricklink.com/Binobrick
Check out some of those prices, sheesh. Fifty bucks for a dark tan bush.
I get it, if you charge $1,000 for a lemonade at your roadside stand, you only
have to sell one lemonade and you're done for the day. That's the wonderfulness
of the free market. But I really feel like people on the extreme high end of
the bell curve should experience some level of administrative curtailing in order
for the rest of us to figure out fair pricing for their customers.
Thoughts?
|
|
|
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|
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| | | | | | | | | Author: | SylvainLS | | Posted: | Sep 21, 2021 16:11 | | Subject: | Re: Expensive shops | | Viewed: | 58 times | | Topic: | Price Guide | |
|
| In Price Guide, Tracyd writes:
| | […]
Actually admin removed a listing a while back that was way out of line with the
price guide. It was brought up here in the forums. I don't have the time
to attempt to find it.
|
IIRC, it was something like, *puts pinky to lips*, “1 million $!”
And I don’t think they have a set limit (like “over $X” or “over a hundred times
the average”).
One can report… and admins decide.
Now, there’s also the possibility of input error, so I’d message the seller before
reporting (or instead of).
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| | | | | | | | | Author: | zorbanj | | Posted: | Sep 21, 2021 16:44 | | Subject: | Re: Expensive shops | | Viewed: | 57 times | | Topic: | Price Guide | |
|
| I remember that being an insanely high asking price. Can't see the admins
being able to step in an a regular basis. Then you have the issue of what asking
price is unreasonable. A quagmire for the admins.
In Price Guide, Tracyd writes:
| |
Actually admin removed a listing a while back that was way out of line with the
price guide. It was brought up here in the forums. I don't have the time
to attempt to find it.
|
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| | | | | | | Author: | Ziegelmeister | | Posted: | Sep 21, 2021 22:55 | | Subject: | Re: Expensive shops | | Viewed: | 68 times | | Topic: | Price Guide | |
|
| In Price Guide, zorbanj writes:
| | Either the buyer was naive or it's money laundering.
|
I'm not going to lie, this was my first thought when I saw an item in the
price guide recently that was red-flag exorbitantly high with a very large quantity.
I believe based on the number that they might have missed the period in the
price and didn't fix it. I'm making up numbers here but it was something
like $235 when the average was $2.55.
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| | | | | | | Author: | Adjour | | Posted: | Sep 22, 2021 22:34 | | Subject: | Re: Expensive shops | | Viewed: | 156 times | | Topic: | Price Guide | |
|
| In Price Guide, zorbanj writes:
| | I don't see how this could be administratively possible. As others have posted,
use actual sales. Maybe seller tools will be released someday, over the rainbow,
that allow for outliers to be excluded.
BL isn't the only platform with this issue. I occasionally see LEGO sold
listings on ebay for prices way above the norm. Either the buyer was naive or
it's money laundering.
In Price Guide, Daves writes:
| | I haven't really looked too deeply into this, but is there anything the community
(or admin) can do about shops that overcharge, thereby screwing up the price
guide?
A good example is: https://store.bricklink.com/Binobrick
Check out some of those prices, sheesh. Fifty bucks for a dark tan bush.
I get it, if you charge $1,000 for a lemonade at your roadside stand, you only
have to sell one lemonade and you're done for the day. That's the wonderfulness
of the free market. But I really feel like people on the extreme high end of
the bell curve should experience some level of administrative curtailing in order
for the rest of us to figure out fair pricing for their customers.
Thoughts?
|
|
Pretty sure the ebay thing was proven to be money laundering. Even on Amazon
it was going on.
There was a crackdown and I don't see anywhere as many stupid listing as
before.
As to the OP,
I have an "expensive" shop. I also have a huge variety. So whatevs
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| | | | | Author: | MrPetovan | | Posted: | Sep 21, 2021 15:38 | | Subject: | Re: Expensive shops | | Viewed: | 78 times | | Topic: | Price Guide | |
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| You still need to make a good case why marginally affecting any number on the
Price Guide prevents "the rest of us to figure out fair pricing for their customers".
Your evident over-reliance on the Price Guide to set your own pricing says more
about you than it does about these specific shops, and it definitely doesn't
involve "the rest of us".
In Price Guide, Daves writes:
| | But I really feel like people on the extreme high end of
the bell curve should experience some level of administrative curtailing in order
for the rest of us to figure out fair pricing for their customers.
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| | | | | | | Author: | Reki_Lobsheek | | Posted: | Sep 21, 2021 16:09 | | Subject: | Re: Expensive shops | | Viewed: | 64 times | | Topic: | Price Guide | |
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| I think he's referring mostly to the "pain" of the extra effort needed when
parting out sets.
What method is there not based on the PG that one could use?
I personally agree that the lowest and highest prices should be excluded from
calculating an average price (and then again: is this an average price
or the median?), but that only works properly when there's a certain
amount of items available / sold of a certain item.
I mean, it would be hard to exclude the outer extremeties of an item like a chrome
gold C-3PO.
That said, seller tools is something that the owner of this platform (Lego)
is looking into "behind the scenes" and in cooperation with the community, so
better times may lie ahead for the sellers here.
What I don't understand is why some members here seem to get so worked up
over this post as if they were personally agrieved somehow.
Erikk
In Price Guide, MrPetovan writes:
| | You still need to make a good case why marginally affecting any number on the
Price Guide prevents "the rest of us to figure out fair pricing for their customers".
Your evident over-reliance on the Price Guide to set your own pricing says more
about you than it does about these specific shops, and it definitely doesn't
involve "the rest of us".
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| | | | | | | | | Author: | MrPetovan | | Posted: | Sep 21, 2021 16:30 | | Subject: | Re: Expensive shops | | Viewed: | 61 times | | Topic: | Price Guide | |
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| | | What method is there not based on the PG that one could use?
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Mine, for example, although I'll admit I am an outlier. But I've seen
enough prices from enough shops that I can guarantee far from all the pricing
schemes are this tightly coupled to the Price Guide, otherwise we would see way
more prices aligning with either averages and it simply isn't the case.
| | I personally agree that the lowest and highest prices should be excluded from
calculating an average price (and then again: is this an average price
or the median?), but that only works properly when there's a certain
amount of items available / sold of a certain item.
I mean, it would be hard to exclude the outer extremeties of an item like a chrome
gold C-3PO.
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You put your finger on it, the current Price Guide is limited. If the part is
largely available, an outlier won't skew the average that much, and if the
part is rare, the average is pretty much meaningless.
| | What I don't understand is why some members here seem to get so worked up
over this post as if they were personally agrieved somehow.
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I didn't like the name-and-shame attitude. They could have said that they
had trouble coming up with prices because they weren't sure how much to trust
the Price Guide and I would have commiserated, after all setting up prices is
hard.
But instead they chose the litigation route and to single out a shop and, which
was instantly irritating to me.
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| | | | | | | | | | | Author: | Reki_Lobsheek | | Posted: | Sep 21, 2021 16:35 | | Subject: | Re: Expensive shops | | Viewed: | 67 times | | Topic: | Price Guide | |
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| Fair enough
In Price Guide, MrPetovan writes:
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I didn't like the name-and-shame attitude. They could have said that they
had trouble coming up with prices because they weren't sure how much to trust
the Price Guide and I would have commiserated, after all setting up prices is
hard.
But instead they chose the litigation route and to single out a shop and, which
was instantly irritating to me.
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| | | | | | | Author: | Tracyd | | Posted: | Sep 21, 2021 16:59 | | Subject: | Re: Expensive shops | | Viewed: | 69 times | | Topic: | Price Guide | |
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| In Price Guide, MrPetovan writes:
| | You still need to make a good case why marginally affecting any number on the
Price Guide prevents "the rest of us to figure out fair pricing for their customers".
Your evident over-reliance on the Price Guide to set your own pricing says more
about you than it does about these specific shops, and it definitely doesn't
involve "the rest of us".
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So it's ok to name and shame a buyer or seller if they don't meet your
expectations of a good transaction, but it's not ok to say this seller has
high prices and that are skewing the price guide? I am not in MENSA but I can
see the double standard in that.
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In Price Guide, Daves writes:
| | But I really feel like people on the extreme high end of
the bell curve should experience some level of administrative curtailing in order
for the rest of us to figure out fair pricing for their customers.
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| | | | | | | | | Author: | MrPetovan | | Posted: | Sep 21, 2021 19:28 | | Subject: | Re: Expensive shops | | Viewed: | 84 times | | Topic: | Price Guide | |
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| How did I name & shame someone who voluntarily posted on this forum? What does
"name & shame" even mean to you?
Additionally, "skewing the price guide" isn't a factual information. It implies
the Price Guide has some sort of authoritative baseline which it doesn't
have by design, including for reasons spelled in this same thread (missing important
metrics like median, low relevance for rare parts, no outliers removal,...).
Besides, since the Price Guide is accessible by both Buyers and Sellers, a high
price for any given part makes your own price for the same part look cheaper
to the buyers, so what's the big deal?
In Price Guide, Tracyd writes:
| | So it's ok to name and shame a buyer or seller if they don't meet your
expectations of a good transaction, but it's not ok to say this seller has
high prices and that are skewing the price guide? I am not in MENSA but I can
see the double standard in that.
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