Item priced or sold at X price.....

[dereksbicycles]

I have seen items with price tag of $150 and wonder why it's sooo much? Then I go online and I see the item sells for only $25. I wouldn't help, but wonder why it's a lot in shop.

For many years, I would check Beckett for baseball card prices. I would say, wow, item is worth $20. That is cool, but I never tried to sell the card so there is no way to know whether it would actually fetch this price.

From my experience, it seems like item books for a lot more than what they actually sell for. I bet that in some instances items have sold for a lot more than they book for. It would go either ways, I would suppose.

 

[DeafBadger]

Brick-and-mortar businesses have more overhead than Internet-based businesses. They usually have to charge more to cover their expenses. Sometimes, businesses know they only need to sell a few items of something at a higher price to make enough. So if they can, that's what they do.

But it's interesting how much you can save if you just look around a bit, isn't it?

 

[dereksbicycles]

Brick-and-mortar businesses have more overhead than Internet-based businesses. They usually have to charge more to cover their expenses. Sometimes, businesses know they only need to sell a few items of something at a higher price to make enough. So if they can, that's what they do.

But it's interesting how much you can save if you just look around a bit, isn't it?

Yes, it's always interesting how much one can save. Call that smart customer .

 

[Jiro]

I have seen items with price tag of $150 and wonder why it's sooo much? Then I go online and I see the item sells for only $25. I wouldn't help, but wonder why it's a lot in shop.

For many years, I would check Beckett for baseball card prices. I would say, wow, item is worth $20. That is cool, but I never tried to sell the card so there is no way to know whether it would actually fetch this price.

From my experience, it seems like item books for a lot more than what they actually sell for. I bet that in some instances items have sold for a lot more than they book for. It would go either ways, I would suppose.

Let's see.... you found a $150 item on internet selling for $25.

I'm sorry - I don't believe it. I think that $25 is a fake. cheap chinese copy.

 

[DeafBadger]

Depends on what it is. I've seen large differences in prices for clothing, books, watches, etc. If it is electronics, I would be wary of a large price difference, but for many other things, the products are still legitimate.

What's really fun is finding good deals in estate sales, rummage sales, thrift stores, etc.

 

[DeafBadger]

Here's a good example, Zenni Optical.

Zenni Optical - Eyeglasses, Prescription Glasses, Bifocal, Progressive Eyeglasses, Rimless Glasses

They sell prescription eyeglass, but for very cheap prices.

How do they do it?

They have a very strict business model where they do not have a brick-and-mortar store. They do not take orders over the phone.

They commission the manufacture of many of their frames. This helps with quality control.

They are entirely Internet-based, which helps reduce their overhead.

They pass the savings on to you and make more money from repeat business and volume.

If you bought eyeglasses like these from a local optician, you would be paying hundreds of dollars.

Or you can buy from Zenni Optical and pay $9+.