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Resellers Is The Devil!!!

General Economy Discussion: Entropia Universe economy, prices, deposits, withdrawals and trends discussion.

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Old 01-08-2009, 06:14   #1
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Resellers Is The Devil!!!

Quote:
Originally Posted by jak View Post
(notice, resellers will not be sold to with any of these discounts!)
Not to critisise the above quote specificly. People may have their oppinion about things and I shall not stand in their way wether or not I condone it.

Anyway, Resellers has a really really bad rep and that is understandable. There is always someone ready to buy way below markup, fx. someone just tried to buy a 65 ped ESI from me a 500% and was daring enough to tell me that it was a good deal.

So, I think we can all agree that there is a lot of "bad" resellers out there.

Now the question is, if all resellers are realy that bad and why.
With the above example it is easy to see the reason why this is a "bad" reseller, but what about those who just makes use of the opportunity when it comes?

Some is shouting: "Selling something x% @ boxes" and some reseller recognises that it is a very good deal and rushes to the person to get part in the good deal and the first question is: "Are you a reseller? I don't sell to resellers."

This, again, is of course only an example, the question is, why should it matter?

Why should I care who buys my stuff as long as I get the price I ask?
Sure I can understand those who envy those who are able to make those good deal, fx. I have that ESI at auction now for 900% and I'll sure envy that person who buys it and sell it for 1000%, but I could just have set another price then. And who knows, maybe it took the reseller hours and hours to get that price. i'm not willing to spend that amount of time for a lousy 50 ped.

Well, I'm kinda tired, have been awake to 20 hours, and I may have said some stupid things, I'll find out tomorrow, however, IMHO, resellers are NOT bad, hustlers and scammers are.


Regards
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Old 01-08-2009, 07:08   #2
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One problem is the use of the word "reseller". Personally I see a world of difference between someone who tries to buy an ESI chip for 500% knowing that it is well below market price, and someone who offers to buy, say, animal eye oil for 101% and saves up for a large quantity to sell for 102%.
The first is trying to exploit people's lack of knowledge, whilst the second is performing a service to those who have small amounts of stuff to sell which they otherwise would throw into tt. We need a new word to distinguish these two types of resellers.
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Old 01-08-2009, 07:15   #3
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Quote:
Originally Posted by davidgr1200 View Post
One problem is the use of the word "reseller". Personally I see a world of difference between someone who tries to buy an ESI chip for 500% knowing that it is well below market price, and someone who offers to buy, say, animal eye oil for 101% and saves up for a large quantity to sell for 102%.
The first is trying to exploit people's lack of knowledge, whilst the second is performing a service to those who have small amounts of stuff to sell which they otherwise would throw into tt. We need a new word to distinguish these two types of resellers.
I have No Problem with someone trying to buy an ESI at 500% to resell it until he trys to tell you what a good deal he is giving you. Then he is dishonest and I cant condone his actions. This is a Real Cash economy, that means I have to buy at wholesale if I am gonna make a profit. There is no shame in that, but if you need to lie to someone to make a few pennies than your just Low class.
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Old 01-08-2009, 08:06   #4
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those that preceive resellers as bad are usually the ones that like a quick sale to get on with getting on, and don't like to spend some time looking for the best price.

I have nothing against resellers - they keep the price of some items nice and high, which allows me to sell some items for nice and high, too.
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Old 01-08-2009, 08:21   #5
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anybody bit*** about resellers has not understood the concept of capitalism and market opportunities...

Go to a communist country where prices are set by the government...

Ultimately it's still the same old storry...

Supply and Demand and price elasticity...

Economics book, first 3 chapters...
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Old 01-08-2009, 08:30   #6
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well first of the first mentioned..isent a reseller its a Scammer.. he trys to trick you in to selling it to him.

oh and Shereaper.. Yes theres a shame in it its not okey to complealty screw some one over. its like when the Europeens did in the colonial times when they offerd partly shit to the Afrikan natives to sign over the thier land to the europeens for lets say 2 cows. wich made *cought* England and other colonial countrys very rich..well there a lot of story left but you get it ... they havent recoverd fully from it til today

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Old 01-08-2009, 09:13   #7
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I use a distinction between the words "reseller" and "trader".

Reseller is someone who buys to immediately sell, without doing any service. For instance, buying (all) apartments from MA at 250 ped and then post them back at 800 ped. Their objective with items they buy isn't to supply the market (to sell as soon as there is a buyer who'll pay current market price) - but to get as most for their item even if it means it will be unsold for 6 months.

Trader is someone who does a service by buying up materials from miners and hunters and then sells them to crafters, dealing at prices close to "market price". Their role is to make a flow of resources.


Problem with resellers is that they tend to elevate market price to a level which no user is willing to pay - in the end the bid war will be between resellers. If they work at a decent level they *can* provide a service, but usually they tend to put items above "pain limit" of other players, and also they can trick other players to try to sell their items by giving the impression that market price is higher than it is (especially for people who just look at the "buyout" price rather than looking at graphs what people actually *pay*).

Not to mention the +1 PED bid raising going on for hours that resellers (who only spend time at auction) which can be rather annoying. The +1 PED raises is more a question on how much time you want to spend rather than how much you think something is worth.
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Old 01-08-2009, 10:24   #8
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Pesonaly I dont se any thing wrong with resell.

And hearing that MA video on the big screen in auc hous over and over and over again, It sure sounds like reselling is a profession to chose from like hunter, miner and crafter for example.
MA do PR that reselling is a way to make money in game.

Im a lazy girl...lol damn, a very lazy girl....I have no interest in puting down a lot of work in geting the best price for my stuff....If some one think they can make more peds than me on a ithen I sell there welcome to do that. That means they are the one who take the risk buying my shit and they have to put in the work and time keeping updated of prices and what way they going.

Do the work get the peds

But on the other hand the kind of resellers that gets there hand on rare ithems and bring up prices on them is a compleat diferent thing.
Like for example this shadow part I was folowing for a few weeks on auc.

A seller put it out a bit over market with a really high BY....a few bids geting in on it...than some one put in a really high bid a long way abow the other bidders and gets it. So far it looks ok....a few days later the same seller puts out the same ithem a litle higher start bid and a high BY...same thing hapens...the weardest thing is that same person buy it for over price as last auc.....and a few days later same thing hapens...and again....

well soon market price on the ithem is a lie and some one will buy it to that high price...becorse it looks like that is what people pays for it.

Ive seen this hapend over and over...and Im sure alot of you have seen the same.
I dont call this resell tho...I call it manipulation...and MA shoud put up a jail in game for finance criminals...maby lock them in and let them sweet 100000 botles of sweat befor they can get there get out of jail card and join game again

SAM

Last edited by Sam P; 01-08-2009 at 10:36..
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Old 01-08-2009, 10:31   #9
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Resellers got time and ped, people who sell things usually not. People use to have what i call a quickcash-attitude, they usually want to be back out mining/crafting/hunting asap. What resellers do is to provide a service, they satiate the quickcash-attitude. Actually reseller make people happy, look how desperate miners yell for a streettrader when noones around. Look for what prices ppl sell their freshly looted esis or just chiped skillchips just to be the first one to get the cash. Look how quick they tt their loots that go for less than 105%. And darn it, look how happy they are to be the first back out at their favorite mob, freshly repaired and loaded with ammo.

Resellers is the devil? Fffss ^If that is so, the devil is a essential part of the game
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Old 01-08-2009, 10:34   #10
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Quote:
Originally Posted by AJack10600 View Post
anybody bit*** about resellers has not understood the concept of capitalism and market opportunities...
Ahhh but there's Resellers and then there's Entropia Resellers.

Reselling is an honorable business if for example you buy in bulk for 105% and then sell in small batches for 110%, gaining a margin and not disturbing the economics.

Then there's entropia resellers. The filthy scum that have spiked the price of everything beyond recognition.

Need an upgrade? oh im sorry, due to reselling, your next step on the ladder will cost ya 20 Grand. Want an imp fap? Well you should of bought it 2 years ago, when it still costed +50K. Or an Angel set...costed +7K and now costs a left testicle.

Geee why thank you mr. resellers! Thank you so much for making me consider selling my house just to be able to buy a mod fap.

After all, once you get a mod fap, you get an ATH everyday. So it must be worth 500K.... right?!?

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