principals in online selling? (was: IMSAI 8080)

From: John Foust <jfoust_at_threedee.com>
Date: Tue Jun 23 17:16:39 1998

At 10:32 PM 6/23/98 +0100, Tony Duell wrote:
>> On the other hand, the seller would be stupid to accept the
>> first $300 if he gets a dozen offers of $300. I'll join the
>
>No, he wouldn't be stupid, he'd be honest. I'm sorry, but if I offer
>something for sale and quote a price, then the first person to offer that
>price gets it, no matter how many other offers I get, and no matter how
>much those other offers are. I've decided what I think it's worth, and
>that's the end of it.

Well, I agree in principle, but it depends on the details.

I think the reality is that if someone thought (or was told) that
their IMSAI was only worth $300 but after they advertise it on the
net and three dozen screaming collectors beg to pay more, I don't
blame them for trying to raise the price. They simply could've
been misinformed. After all, it's not sold until it's sold.
Why can't they rescind their offer if they think they advertised
a poor price?

- John
Received on Tue Jun 23 1998 - 17:16:39 BST

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