Subject: Re: It's high times for Loops
Author: Ross
Date: May 3, 2002, 4:55 PM
Post ID: 1710191785
I think you're saying the buyer determines the price? A lot of chemical
distributors think that and leave money on the table. A market is made up of
a seller and a buyer both trading something of value. For any product, the
seller can raise the price until the buyer balks, but until he balks you
haven't got the most for your product. If you are a manufacturer, you have
to find a price that will allow you to sell enough units to pay all costs
and make a profit, as the market reaches saturation or satiation, the price
has to lower to continue moving product. When the market is saturated, time
to move on. Saturation/Satiation can also be handled by varying the product
in some way.
The reason PC's are so cheap, for example, is the near saturation of the
market. Like Apple, they are now pushing color and design.
Who would have thought that Moe's Guzzi would have hit over $12000?
on 5/3/02 14:20, The Elegant at nord-@charter.net wrote:
| I thought the market determined the value of any retail item...... |
--
K. Ross Raymond
Arizona USA
'71 LAPD Ambassador
'69 Triumph T100S
Norton hopeful
1998 Ariel (my daughter, after the Sq.4, not the mermaid)