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by Daddio-on-patio
Wed Mar 18, 2020 5:22 pm
Forum: Never Again!!
Topic: Cheaper than dirt price gouging
Replies: 28
Views: 18908

Re: Cheaper than dirt price gouging

ELB wrote: Tue Mar 17, 2020 9:40 am I have found them to be more expensive than other options on a normal basis, so I don't look there very often.

When demand goes up, supply goes down, and prices go up. When supply goes up and demand goes down, price goes down, like on AR-15s after Trump was elected. Nobody was running around afterwards offering to pay the sellers more for AR-15s just because they guessed wrong and overstocked during a political crisis. We customers (including me) were happy to "reverse price gouge" the sellers then.
Consumers do not have the ability (by-and-large) to price gouge legitimate retail businesses. They work with a business plan. Unloading inventory at a loss, if they chose to do so, is not likely due to the consumer. The supplier still has something you want. The balance is at what price do they suppose you will agree to.

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