Market Feedback Appeal to Mods : FS Thread Suggestions.

[salman8506]

But why price police at all? Or even comment or visit threads where one has no interest is buying the item. Do we do that in real life as well? At any given moment, we can find ten stores, both online and offline selling same products at different prices. Do we then visit each of them and tell them that this is the current market price and they are wrong in trying to sell the products at the price they wish to. Do we do the same on OLX as well? No, one only enters such discussions when one has an interest in purchasing that item. That's what free markets are. A seller is free to set his price and buyers are free to negotiate. Why is there a need of a third party?
Also, there is a GPU pricing thread and a Market Price discussion thread right here in the forum where all such discussions can be carried without destroying a marketplace thread but many people can't seem to control their emotions and find the right threads.

So you mean to say apart from price policing you don't check threads in fs section for any kind of discrepancy and would not want to help and buyers at all ? just trying to understand your comment...also the gpu pricing thread is not placed in market section to be visible to everyone or i might have missed it ? i do see a thread specially saying "No Gpu's" so even if we know what the current prices are how does it help the general buyers ?

Also its sounding more like let there be chaos and don't look at threads and walk away even if you see something not correct.

I am all up for no price policing as long as it is followed by everyone and there is no hypocrisy. Secondly a fair section where good samaritans can update on prices they could find online easily accesible to general public in fs section that way we wont have a need for such threads and you and me discussing at 2:00am in the night.

 

[rdst_1]

I am all up for no price policing as long as it is followed by everyone and there is no hypocrisy.

This is all I want and ask for. Technical discussion are already allowed. Honestly, if people could just go through the stickies in the MP before posting and not just the MP, but other sections they visit as well, it would save everyone a lot of unnecessary trouble.

 

[rkkaranrk]

Recently there is a new trend for bargaining

1. I can get cashback though i dont have a credit card.

2. I can get a student discount but I'm not a student.

3. I can get GST Invoice though I don't have a Company (I will register a new one to buy this/that, Don't know why some think one can buy anything using GST and can claim it it does not work like that.)

4. I can buy your listed item for 50% of your selling/asking price as your item does not suits my needs but I can buy it as the similar product I'm looking to buy cost half of what your asking for.



There are more will add later.

I can understand the point no. 1and 2 coz that 2 can be somehow arranged but the point no. 3 and 4 are epic. [emoji1787][emoji1787]

 

[belictony]

But why price police at all? Or even comment or visit threads where one has no interest is buying the item. Do we do that in real life as well?

many popular stores like Croma, IT depot, Elitehubs, etc. adjust their prices if you tell them that the same product is available for a lesser price. I bought my Razer Viper ultimate by telling them that the other store is selling for 1500 less. They adjusted the price in a day in their website for me to purchase.

India always go buy the rule of caveat emptor. Any post in the sale thread bringing attention to common issues found in the product, availability at lesser price from another platform, etc. are always welcome. I wouldn't want to buy something at a higher price and later realise that I could have bought at a much Lower price.

 

[rdst_1]

Recently there is a new trend for bargaining

1. I can get cashback though i dont have a credit card.

2. I can get a student discount but I'm not a student.

3. I can get GST Invoice though I don't have a Company (I will register a new one to buy this/that, Don't know why some think one can buy anything using GST and can claim it it does not work like that.)

4. I can buy your listed item for 50% of your selling/asking price as your item does not suits my needs but I can buy it as the similar product I'm looking to buy cost half of what your asking for.



There are more will add later.

I can understand the point no. 1and 2 coz that 2 can be somehow arranged but the point no. 3 and 4 are epic. [emoji1787][emoji1787]

Point no 3 and 4 sound like what we hear on OLX. On OLX, I've seen people bargaining to ridiculous amounts and the reason they give me is that this is how much they earn. I mean, WTF. No one is forcing you to buy something if you can't afford it. I've had to block so many people who just start begging in the end.

 

[rdst_1]

many popular stores like Croma, IT depot, Elitehubs, etc. adjust their prices if you tell them that the same product is available for a lesser price. I bought my Razer Viper ultimate by telling them that the other store is selling for 1500 less. They adjusted the price in a day in their website for me to purchase.

Yes, but there is a big difference in what I said and what you did. You went there with the intention to buy and then negotiated in private. That is already allowed over here as well. What people do over here by posting in threads where they have no intention of buying will be akin to you standing outside these stores and tell all of their prospective customers how products are available elsewhere for cheaper. Or go inside, tell them that they should price lower because someone else is selling at a lower price and then do not buy the product.

 

[belictony]

Yes, but there is a big difference in what I said and what you did. You went there with the intention to buy and then negotiated in private. That is already allowed over here as well. What people do over here by posting in threads where they have no intention of buying will be akin to you standing outside these stores and tell all of their prospective customers how products are available elsewhere for cheaper. Or go inside, tell them that they should price lower because someone else is selling at a lower price and then do not buy the product.

We can't compare online vs offline stores. The general principle is to make people aware that the product pricing is too high for a used product or better alternates available. I might have looked for that product earlier and bought it elsewhere or I may have good knowledge about that product to tell others that its not worth that price. the buyers are going to take the decision to go for it or not. Making others aware of products with issues or products priced high or alternates available is always welcome in my opinion especially in a online scenario where its difficult to hold accountability except banning people from selling further.

You can't restrict people from making others beware of products being sold.

 

[rkkaranrk]

Point no 3 and 4 sound like what we hear on OLX. On OLX, I've seen people bargaining to ridiculous amounts and the reason they give me is that this is how much they earn. I mean, WTF. No one is forcing you to buy something if you can't afford it. I've had to block so many people who just start begging in the end.

It's the same here most of them don't have the intension of buying just trying their luck to get it for dirt cheap or doing time pass.

 

[rdst_1]

We can't compare online vs offline stores. The general principle is to make people aware that the product pricing is too high for a used product or better alternates available. .

Please go and read the rules again. Any price suggestions have to be done via PM according to the rules, unless you have a working link of the same product available for sale online for lesser price. Anecdotal evidence of lower pricing is not considered a proof over here.
Also, everyone talks about buyer's rights to not get looted or pay high prices,but what about seller rights to not have to incur a huge loss as well. Why this hypocrisy which is clearly biased towards buyers?
There is no fixed price in a used market. Every sale is unique because every product is different depending on how it was used/abused, how much warranty is left, etc. In a free market, the price of a used product depends upon what one is willing to sell it for and what other is willing to pay for it. I don't see any issue with that functioning and hence support the current stance of price negotiations/suggestions to be kept private. But all the buyer biased crowd wants to force this idea of market price (which is highly fluctuating in the real world) down the throat of sellers. Please tell me if you have seen any post in a FS thread telling the seller about market price being actually higher, or updating the thread with current so called market price every week. No, all posts are about people wanting the sellers to reduce the prices. And do they come back and tell everyone that the market prices have increased, when they do. Any buyer who is interested in purchasing the product can and will negotiate with the seller and they can do that privately without the need of a third party to act as a judge without being part of the transaction. Let the markets be free as it is intended in the rules.

 

[gourav]

Also, everyone talks about buyer's rights to not get looted or pay high prices,but what about seller rights to not have to incur a huge loss as well. Why this hypocrisy which is clearly biased towards buyers?

Without commenting on the price policing part, I'm only commenting on this part, i.e., why is it that people are more worried about the buyer.

This is not hypocritical and perfectly valid, for the following reasons:

1. When product is sold in used market, it is usually not covered by warranty
2. The seller is the one who is going to receive the money, so they have obvious incentive to glorify their product and ask for a higher price
3. Seller is completely aware of the product condition and if they lie, the buyer has no way of knowing
4. Shipping risk is mostly on the buyer, sellers usually don't want to cover loss or damage during shipping
5. The buyer is going in completely blindly, they'll be paying the money before the product is shipped
6. There are many cases where sellers have priced their product higher than their purchase price citing current market conditions (even for products other than GPUs)

All in all, buyers bear significantly higher risk compared to the seller. If you are the seller, you have near zero chance of being scammed (at least on this forum). But as a buyer, there is a high risk of being scammed. It's not like there haven't been any cases on this forum either. I remember seeing a post where a user was sold a laptop where the internals had been tampered with but not disclosed. I remember seeing a post where speakers sold had arrived completely damaged due to poor packaging. I remember seeing a post where money was paid for an iPhone but the seller disappeared without shipping the product. Have you ever seen a case where the seller was scammed by the buyer? Hardly ever happens.

So I guess it makes sense that the general public is advocating from the buyer's side.

 

[rdst_1]

Without commenting on the price policing part, I'm only commenting on this part, i.e., why is it that people are more worried about the buyer.

Your whole post doesn't add anything if we are not discussing about the price policing part, because that is what this whole thread is about.
Nobody is denying all the other points you have mentioned, but those are not the point of contention in this thread.

If you see my post in this and the other threads, I have no problems with people educating buyers about anything including price, but don't do it in the MP threads. We even had a thread which used to help people gauge market prices and was used by both buyers and sellers, but it got closed down because people started using it for 'proxy sales' and others complained about it. Then we got another complete thread whose name is exactly Marketplace - pricing and discussions, but people still don't stop and follow the rules and create ruckus in MP threads. MP threads are meant for documentation and not discussions.

 

[Slayer88]

Also, everyone talks about buyer's rights to not get looted or pay high prices,but what about seller rights to not have to incur a huge loss as well. Why this hypocrisy which is clearly biased towards buyers?

Buddy, I could not agree more with all your posts on this thread man. 100% on point. Everyone is ethical, helpful, fair, kind enough to save another members money, etc. until the time comes for them to sell their products. All the gyaan, fairness, ethics then goes out the window, Why?

This is not hypocritical and perfectly valid, for the following reasons:

Not sure if you saw my post of how a buyer bought my perfectly fine product, mis-handled it and then said it was not working. Long story short, the buyer bought my PSU, for some reason decided to flip the 110/240 switch and blew the unit. To my good luck, I had this on WhatsApp. The buyer did not even know the implication of this and hence was open about it. But, what if he hid this fact? I had given him testing warranty as the product i sold was OOW. Who protects the seller in these situations? Without the WhatsApp chat log would ANYONE give me (the seller) the benefit of the doubt? No. I would have to bear the full loss of this item.



People are OK if someone is selling a GPU/Memory at a higher price than they bought it for, because that is the market rate. That, according to them is fair, but a person trying to cut losses is not fair, just because offline shops, less secure, not accessible to all sources are selling it cheaper.

 

[ibose]

We even had a thread which used to help people gauge market prices and was used by both buyers and sellers, but it got closed down because people started using it for 'proxy sales' and others complained about it.

This is now open and active for anything excluding GPU -

https://techenclave.com/threads/no-gpus-how-much-can-i-sell-this-for-thread.76246/

 

[nRiTeCh]

People should be allowed to suggest on pricing policies. Not everyone is tech savvy nor price literate so its the duty of fellow members to help price the product reasonably esp GPU and help the buyers from getting duped for exorbitant pricing parameters.
Since few weeks ago someone is selling 3060ti for a whooping 90k wherein one easily gets a 3070ti in the bracket. This will help prevent the end buyer from getting exploited and with a little bit of knowledge as well that even though you have the capacity to pay its better to invest same amount in something more fruitful!

I also wonder even though the seller has full rights to sell his product at any price he thinks off why can he be a bit realistic and avoid making his own joke by fellow commentators and avoid erupting his thread inta rants!
If you want to sell an ant for a lac why not sell it on olx and fb then. I'm 1000% sure you will get bakras there rather than he himself making his own bakra around on forum and then losing hi dignity!

 

[gourav]

Your whole post doesn't add anything if we are not discussing about the price policing part, because that is what this whole thread is about.

I was literally replying to a question you raised. If this doesn't add anything of value to the thread, then why did you raise that question?

 

[rdst_1]

I was literally replying to a question you raised. If this doesn't add anything of value to the thread, then why did you raise that question?

Please read that part of my post again. I am saying it is hypocritical of people to think that it is ok if seller is incurring a huge loss, but the buyer shouldn't. This is the only part I am saying that they are hypocritical about. And you talked about everything else, but this thing. So, no, you didn't reply to the point I was raising and which is price policing in the seller's thread. Every other thing you said was right, but we aren't discussing those things in this thread.

 

[rdst_1]

People should be allowed to suggest on pricing policies. Not everyone is tech savvy nor price literate so its the duty of fellow members to help price the product reasonably esp GPU and help the buyers from getting duped for exorbitant pricing parameters.

They are allowed to do that and there are 2-3 threads where they can. It's just not allowed in the MP thread and there is a good reason for it.
Let's say I put up a sale thread for price 'X'. Now anyone can come in and say that I bought this product for 'X-Y' through OLX in my city. This doesn't mean that suddenly that is the marketprice for that product. Now, the seller will have to waste their time trying to argue with that person on why he has priced his product at the price he has. And in all this discussion, it will always reduce the chances of his product being sold. So how is this fair towards the sellers. That is why there are separate threads where one can talk as much as they want about speculative market prices while all price suggestions (without a valid link) or price negotiations between buyer and seller are to be done via PM, according to the rules.
And this bias that you guys clearly portray towards buyers is the reason why I keep bringing this point again and again and call this sense of community, hypocrisy because it doesn't extend for the sellers. Isn't the seller a member of this community. Why don't we help him out and buy the product without him having to take a loss? But no, when that question is raised, you guys will bring concepts of free market like depreciation into discussion. So either let the market be truly free or let it be a communist, socialist effort which benefits both parties.

 

[Slayer88]

They are allowed to do that and there are 2-3 threads where they can. It's just not allowed in the MP thread and there is a good reason for it.
Let's say I put up a sale thread for price 'X'. Now anyone can come in and say that I bought this product for 'X-Y' through OLX in my city. This doesn't mean that suddenly that is the marketprice for that product. Now, the seller will have to waste their time trying to argue with that person on why he has priced his product at the price he has. And in all this discussion, it will always reduce the chances of his product being sold. So how is this fair towards the sellers. That is why there are separate threads where one can talk as much as they want about speculative market prices while all price suggestions (without a valid link) or price negotiations between buyer and seller are to be done via PM, according to the rules.
And this bias that you guys clearly portray towards buyers is the reason why I keep bringing this point again and again and call this sense of community, hypocrisy because it doesn't extend for the sellers. Isn't the seller a member of this community. Why don't we help him out and buy the product without him having to take a loss? But no, when that question is raised, you guys will bring concepts of free market like depreciation into discussion. So either let the market be truly free or let it be a communist, socialist effort which benefits both parties.

Take a bow, sir, take a bow. Very well said!

A lot of this has to do with general Indian mentality where they feel if "pre-owned" is attached to a product, it should come with a 50% discount off the price tag. This is they logic they used for a product that is 1 day old or 365 days old. Hence, the seller is never considered.

 

[tech.monk]

Now, the seller will have to waste their time trying to argue with that person on why he has priced his product at the price he has.

Isn't this seller's choice, if they feel that by not responding or denying that it is not possible or return the person with what they have in mind which might be possible for sellers.

If seller can deny the person in such situation what impact it makes. In worst case, that person might give the negative feedback to seller for that thread (which itself can be challenged and I have seen our forum mods kind enough to delete those feedbacks).

This situation only pans out in favor of negotiating person when seller is panicked or wants to get rid of his stuff or desperate for n number of reasons.