read only if you don't intend to flame (low ballers)

[thor666]

There're two methods I use to sell my equipment.

1. Fix the price. This works if I'm selling at 50-60% of retail usually. Don't budge. Use this when you know your item is going to sell, and you don't really care too much.

2. Jack the price up 5-10% by your expected price you want. Leave concessions for bargains, let them bargain down until your expected price. Usually I just let go at my expected price, bargaining is quick and the buyer feels happy that he got a good deal. I almost make it a formality when I meet - when they ask I just tell them my low price. Again, don't budge.

If you get a condescending price quote, do not reply. Do not entertain the monkeys in the zoo, irregardless of who the person on the other side is. Do keep a Blacklist though - know your buyers since this is a small market - and avoid dealing with such people on your future sales. I always tend to keep my buyer/seller contacts for after sales service, claims etc.

Hope this helps.

Cheers,
Raymond

 

[hifi_killer]

i second that idea

other buy-sell forums have this sticky section of bad list and good list of buyers and sellers

 

[tany]

Lowballers usually are people with less spending power, like kids... or kids who spend their money on other things and then whine about their self-imposed poverty.

HAHAHA!

i was never a lowballer. i accept the price given, or i'll ask the seller "can lower?". if he says cannot, then i'll be fine with it. if he lowers, i'll be happy but wont ask for more.

give the lowballer an inch, he'll take a yard.

how about lowballing cheap things? isnt that worse?

as the price of something is lesser, ppl should be more willing to accept the price because it's cheap. but some idiots still choose to lowball such a price inelastic good! :twisted:

 

[momorockstar]

2. Jack the price up 5-10% by your expected price you want. Leave concessions for bargains, let them bargain down until your expected price. Usually I just let go at my expected price, bargaining is quick and the buyer feels happy that he got a good deal.

i've done this before, it's worked quite well so far.

to share my worst experience..

i once tried to sell a multi-efx, pricing it at $480 leaving room for negotiation. this bugger texted me and offered $250. i ignored it. but he persisted with the offer so i replied saying too low. he made snide remarks like "i think i can get a higher level model for the same price". so fine and good, i didnt reply.

the following week he texted again and thinking him sincere, i lowered my price. after much haggling we finally agreed on $400 even though it was lower than my expected price.

then 1 hour before the agreed meeting, he texted to say another seller offered to sell him a similar gadget for $340 but he'd buy it from me if i were willing to match the price. aww, ain't it nice of him? fed up, i decided to call his bluff and just not reply at all to that, and his subsequent smses.

i ended up selling the gadget to a nice gentleman at my expected price of $440 so i guess it ended well.

 

[neuro182]

okie, no flames intended here.. just an experience i had with a buyer who wanna get my Strat..

i was selling over on the other side @ $600 firm (as stated in the ad). this dude, let us call him A, he sms me 1 day to check if the Strat was sold, so i told him it was still on sale & asked if he was interested.

"A" expressed his interest & tried to cut a fast deal by offering me $350. i was kinda appalled & pissed, so i told him "why don't i give you $400, you help me buy a Fender Strat MIM for $350, the extra $50 will be your commission."

he replied with certain sarcasm as well & he even told me he could get it for $350. i was shocked bec if he could do it, why approach me & try to lowball me? :lol: maybe an extra info, he told me he sold his MIM Fender Richie Sambora model for $350, so maybe he expects me to sell mine @ the same or lower price.. oops did i leak out too much info?

thanks JR for opening this thread for me to whine off~

 

[hifi_killer]

hey neuro182, remember ur crybaby wah? we agreed on the price $90. then when we meet up, u suddenly said $80, and i still gave it to you. haha well i'm ok with it.. hope u will do the same for me if theres a chance

 

[neuro182]

haha. pai seh lah. at least i dun cut u by 50% like some other people *looks around* :roll:

 

[imcorn]

i'd really suggest a sticky for a black list of lowballers.. they are really douchebags

To keep it discreet, maybe we can have their name and last 4 digits of their mobile no. or some part of their email?

likedat there's no breach of anything and it's also for the good of the emporium as well?

what say you guys? 8)

 

[neuro182]

it is feasible, but not very acceptable. how would u define a lowballer? it could well be an avenue for people to vent their frustration on un-ethical buyers/sellers & end up cre8ing more problems for the moderators.

u won't want this thread to turn out like the good ol' Luther Music Classified "Flame-a-tion" page would you?

 

[imcorn]

obviously those who go like "You show me how you gonna buy this item for $XXX first before i sell it you for $XXX you @$$#%#$%", we can always have James ban their IP address and account from this website

What we want to do is just to inform pple of who the potential lowballers are(maybe defined as someone who quotes an outrageously low price and is unreasonable) and we can maybe even put the diff. no. of deals they have lowballed in

it isn't a case of humiliating them, but just for sincere sellers to look out for them and maybe if they see their names on the website, then they might mend their ways??

of course, if a black list were really to be made, it must be backed up with evidence but then again that's quite hard.. haha

so i guess a black list would be nice addition but ultimately very hard to regulate :lol:

 

[neuro182]

bro, relax..

 

[jeremyrozario]

wah, liddat humiliating them almost like today's article in the straits times home section on the stomp ppl invading ppl's privacy

anw another annoying habit is this(sorry for the digression)

classified add:

wts: an skb moulded hardcase at $50, fits strats and rg styled guitars nicely sms at 91234567

a few hours later:

sms comes in
"does it fit a strat?"

"can it fit my rg?"

"is it black?"

"can sell at $30?"

and this is based on true accounts

 

[Vaiyen]

we agreed on the price $90. then when we meet up, u suddenly said $80...

I deeply abhor this tactic.
Sorry.

 

[purplehaze3691]

buyer - hallo you got fender gitar to sell

seller - yes

buyer - made in where one

seller - mexico

buyer - I want made in US one , anyway how much

seller - $500

buyer - aiya , I no money $250 can or not

seller - can , no problem , I give you the body with 1 neck pick up ,

 

[neuro182]

Vaiyen: well, i have apologized & i have yet to make another of such mistake, so if u dun mind, pls be more forgiving.

u never know when u need one too..

 

[Guest]

Not a good idea to create a sticky to blacklist the lowballers/bad traders. If not this forum will get brighter... as in there'll be more flames...
I think JR's thread is good enough to create awareness. It is not difficult to identify and handle lowballers. Also, what if the lowballer changed for the better, but the sticky gave him a bad name forever, that will be unfair to him.

 

[ShredCow]

i was never a lowballer. i accept the price given, or i'll ask the seller "can lower?". if he says cannot, then i'll be fine with it. if he lowers, i'll be happy but wont ask for more.

I agree.

In all my dealings with Tany, he's been a good, honest chap.

Unfortunately, one of pups in the set of Dimarzio New7s I sold him was fake!!!! It was a Dimarzio Blaze neck instead. :lol:

 

[gsonique]

dodgy ...who knows if mr.cow lowballs with another name ??? i wonder :lol:

 

[ShredCow]

dodgy ...who knows if mr.cow lowballs with another name ??? i wonder :lol:

Tis ShredBull. :lol:



Oei, I see u selling ur DS1! Hehehe... Prepare for $30 offers!!!!

"2nd hand wat, and who knows what kind of mods u put in?!"

:lol:

 

[PatheinRaindropMoe]

hmmm, after 4 pages, was just wondering, if lets say someone is selling some gear for too good a price thats almost like free and the buyer didnt realise the actual value thus the stated price. Will anyone, as a buyer, tell them a reasonable resell value that might be few hundred more and proceed to buy it from them?