One selling philosophy is that it is a lot less work to sell an item for $10.00
than 10 items for $1.00 each, or "make your money on each item" vs "make
your
money on volume."
If someone is trying (or needs) to make money, it makes absolutely zero sense to
price items *hoping* for the right bidders to come along and bid the price up.
Take a look at the final bids on any item, and try to guess what the person who
won it was actually willing to pay. Unless you talk to the person, you will have
no idea how high the winning bidder was actually willing to go. My guess (now)
is that computermkt has a pretty good handle on what an item *can* bring, and
prices his stuff accordingly. There is also little doubt that unless he is
buying things for his collection (assuming he is a collector), it costs nothing
to put in a low bid on something and he will only win if he gets it at his bid
price.
I saw something simliar at an early VCF (Pleasanton?) where someone brought in
some interesting machines, and priced them (in my mind) rather high. Just goes
to show what I know since most of them sold!
From: Richard <legalize at xmission.com>
He buys vintage computer items on ebay for a lowball price and then
marks it up sky high. Is he spotting "undervalued items" or is he
just pricing them with "wishful thinking"?