Do people really just not get it that their items are not selling...


simply because they are over priced? 
whatjd

Showing 2 responses by kahlenz

Whether or not the OP can afford certain advertised pieces of equipment has less relevance than whether he feels the advertised price is justified. Anybody can put any price on anything, and buyers can react in any way they want.  Who cares?

In my case, I usually give away my old equipment to budding audiophiles, especially those that I know have limited means.  For example, I had some 30 years old speakers that I installed "new from the factory" drivers in.  They looked and sounded brand new.  The manufacturer had just issued an anniversary edition for $1500.00.  So I figured I could get - maybe - $750.00 for them.  I had the original boxes, but they were shot, so deduct $75.00.  We're at $675.00 now.  Shipping would be around $75.00 (two boxes), so we're at $600.00.  I would have to find and modify two boxes, so let's say two hours of my time (I make $45.00/hr) and $10.00 supplies, so we deduct another $100.00.  Deduct another 10% for the 1/10 deals that go wrong, and I am at around $450.00 (about what I paid for the new drivers).  At that price, knowing that I would have trouble convincing any new buyer that I had actually installed new original factory drivers, I decided I would get more satisfaction giving them away to a thirty year friend who loves music but wasn't in a position to spend any money on audio equipment.  He was thrilled, and I get the satisfaction of helping out a dear friend and knowing that those excellent, lovingly cared for speakers found a good home!

I have never had any trouble buying things on sites like Audiogon, but selling is a different matter. I am 100% honest and fair, but I have been swindled on a number of occasions.

When I take the risk of selling into account, plus the actual cost of packing, driving to UPS, and shipping, the value of online selling depreciates. I live in a small city (100,000 +/-), so having people pick up the equipment or Craig’s list doesn’t cut it for audiophile equipment (different if you live in a large metro center). I find it easier to sell equipment on consignment. I get less money that way, but all I have to do is bring in the equipment. When I consider the value of my time, it is a better deal!