On Thu, 24 Apr 2003, Mike wrote:
> NO SYSTEM that make it easy to get a steal, will ever be adopted. The
> only systems that will ever win out are the ones that offer sellers high
> returns. The seller will simply choose the medium that will offer the
> greater return.
That's not true. That assumes that the seller is only interested in the
money aspect. There is also value in a great many other things, such as
customer loyalty, customer service, treating the customer right, etc.
> You say the bidders will just go where there are lower prices. But the
> problem is there won't be anything to buy. Collectible type items have a
> fixed number available and there will always be someone who is willing to
> pay a higher price. So, the sellers have all the cards in this game.
Bidders might want to go where the prices are fair.
--
Sellam Ismail Vintage Computer Festival
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Received on Thu Apr 24 2003 - 22:19:01 BST