Shag decanters - overpriced? - Collecting Tiki

H Humuhumu Member San Francisco Joined: Aug 22, 2002 Posts: 3691	H Humuhumu Posted posted on Fri, Jun 6, 2003 4:56 PM Pricing is a very tricky business, particularly when you're introducing something not currently represented in the marketplace. You have to make it up as you go along, to a certain extent (using educated guesses, mind you). From that perspective, it shouldn't be surprising that the market doesn't always respond in a particular pattern. From a personal perspective, whatever price I was willing to pay for an item when I purchased it was worth it to me at that moment. Why should my perceived value of the item change because of how others are valuing it (aside from purchase for reason of reselling/investment)?

Pricing is a very tricky business, particularly when you're introducing something not currently represented in the marketplace. You have to make it up as you go along, to a certain extent (using educated guesses, mind you). From that perspective, it shouldn't be surprising that the market doesn't always respond in a particular pattern.

From a personal perspective, whatever price I was willing to pay for an item when I purchased it was worth it to me at that moment. Why should my perceived value of the item change because of how others are valuing it (aside from purchase for reason of reselling/investment)?

Post #37707 by Humuhumu on Fri, Jun 6, 2003 4:56 PM