I blame the scalpers, because if they were not buying up units more honest users would be able to purchase them at the normal price. Scalpers are compounding the problem and are like parasites taking advantage of a supply shortage to make a quick buck.
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I blame the scalpers, because if they were not buying up units more honest users would be able to purchase them at the normal price. Scalpers are compounding the problem and are like parasites taking advantage of a supply shortage to make a quick buck.
You qualified your statement in a later post. Like I said, think before you make ridiculous statements.
The statement wasn't ridiculous, I was clearly referring to scalpers, because retailers are selling at RRP and not exploiting customers with ridiculous double and triple RRP mark ups. The statement only needed qualified for someone being disingenuous and overly pedantic. You should think and read honestly before quoting things out of context to satiate your desire to be rude and sarcastic.
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The statement is indeed ridiculous....
So how do you propose to implement that particular piece of legislation???
only ridiculous to those who sympathise with scalpers or do it themselves.
simply make a law banning and prosecuting anyone who isn't a registered retailer, and is buying up products in short supply and high demand, obviously with no intent to use them, but to sell them at extortionate rates above the RRP.
To be honest, @VesselA, nearly everything you have said is quite silly.
But retailers have the advantage of being able to buy at low wholesale prices - a privilege not enjoyed by scalpers. Both retailers and scalpers benefit from a differential in their buy price and sell price: what makes the retailer superior?
'Genuine retailers' are buying to exploit customers. That's their bloody job! They use their market power - their unique selling and distribution network - to profit from the misallocation of resources. A retailer's job is to be a middle man. A retailer is no better than a scalper. That they charge RRP and a scalper charges more than RRP is irrelevant: a scalper is just a very good retailer. Retailers are scalpers at heart.
Do you know why there are registered sellers? They're not a good thing for you or I. They're not there to improve your life as a consumer. Restricting distribution to authorised resellers is done only to maximise profit.
Authorised resellers are exploitation in action. They're a mechanism by which corporations squeeze every last dollar from their distribution chain: resellers must commit to minimum orders, minimum retail space, advertising spots, and a host of other conditions. So when you said authorised retailers "increase purchase options" - that's simply not true; they want to do the opposite: have a small number of sellers, all paying for a piece of the pie. If every man and his dog could buy at wholesale prices and sell at the price he wanted, guess what, prices would be lower. The middle man would be eliminated.
Your argument is flawed.
You're championing retailers whilst lambasting the most successful type of retailer - the scalper.
You're praising authorised resellers when they exist only to keep prices high and competition low.
You preach about extortion and morals while supporting the removal of an individual's right to purchase what they want.
You despise people who most would describe as entrepreneurs.
Nonsense.
So profiteering is exploitation? If you think that, then fair enough. But you're barking up the wrong tree if you're blaming the scalpers for profiteering, and not the businesses churning out the product (for profit).
Retailers are acceptable because they sell at the RRP? Even though they make profit?
But retailers have the advantage of being able to buy at low wholesale prices - a privilege not enjoyed by scalpers. Both retailers and scalpers benefit from a differential in their buy price and sell price: what makes the retailer superior?
There we go again - you seem to think that retailers are noble, altruistic givers. No. They're selling at RRP either because they have to (because Apple says so) or because they're too stupid to care about the profit they'd make from upping the price of a scarce product.
'Genuine retailers' are buying to exploit customers. That's their bloody job! They use their market power - their unique selling and distribution network - to profit from the misallocation of resources. A retailer's job is to be a middle man. A retailer is no better than a scalper. That they charge RRP and a scalper charges more than RRP is irrelevant: a scalper is just a very good retailer. Retailers are scalpers at heart.
I'll ignore the 'simply', that's just too easy to jab at...
Do you know why there are registered sellers? They're not a good thing for you or I. They're not there to improve your life as a consumer. Restricting distribution to authorised resellers is done only to maximise profit.
Authorised resellers are exploitation in action. They're a mechanism by which corporations squeeze every last dollar from their distribution chain: resellers must commit to minimum orders, minimum retail space, advertising spots, and a host of other conditions. So when you said authorised retailers "increase purchase options" - that's simply not true; they want to do the opposite: have a small number of sellers, all paying for a piece of the pie. If every man and his dog could buy at wholesale prices and sell at the price he wanted, guess what, prices would be lower. The middle man would be eliminated.
Your argument is flawed.
You're championing retailers whilst lambasting the most successful type of retailer - the scalper.
You're praising authorised resellers when they exist only to keep prices high and competition low.
You preach about extortion and morals while supporting the removal of an individual's right to purchase what they want.
You despise people who most would describe as entrepreneurs.
Nonsense.
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"So profiteering is exploitation?"
straw man fallacy
"If you think that, then fair enough. But you're barking up the wrong tree if you're blaming the scalpers for profiteering, and not the businesses churning out the product (for profit)."
retailers profit fairly, scalper exploit people by removing products from the market to make extortionate mark ups over the RRP
"Retailers are acceptable because they sell at the RRP? Even though they make profit?"
Yes, because they are not doubling up the RRP, while relying on a limited market to provoke people into buying at their exorbitant price.
"But retailers have the advantage of being able to buy at low wholesale prices - a privilege not enjoyed by scalpers. Both retailers and scalpers benefit from a differential in their buy price and sell price: what makes the retailer superior?"
lol, its not a privilege its called being a registered business and earning an honest living. Maybe scalpers should try and start a honest business instead of behaving like parasites exploiting the general public.
what makes the retailer different? Again, they sell very close to RRP, so the consumer is paying the same as the would from the original company, also they do not intentionally buy up a limited item in demand (like tickets to a show, or apple pencil) to prevent people buying it at the normal price, to then try and make massive profits above the RRP. Scalpers are shafting the consumer, retailers are arguably offering another outlet and oppertunity for consumer to buy the product at the fair price.
"'Genuine retailers' are buying to exploit customers. That's their bloody job!"
Nope, when they sell an apple product, for example, at RRP the consumer is paying the same price they would as from Apple directly. Not so with scalpers.
"A retailer is no better than a scalper."
Nonsense, I just explained why they are.
"That they charge RRP and a scalper charges more than RRP is irrelevant:"
lol more nonsense, what would you rather pay for an apple pencil £/$80 or £/$160?
"I'll ignore the 'simply', that's just too easy to jab at...
Do you know why there are registered sellers? They're not a good thing for you or I. They're not there to improve your life as a consumer. Restricting distribution to authorised resellers is done only to maximise profit."
Scalpers are a much worse thing for the general public than registered retailers selling at RRP.
"Authorised resellers are exploitation in action."
Nope, its actually a system whereby the consumer is not exploited and the retailer can still earn a living by buying bulk at wholesale. Retailers are providing another outlet for consumers at a similar price to the official store, scalpers are charging exorbitant prices and should get an honest job instead of exploiting the general public for a quick buck.
"Your argument is flawed."
You are defending exploiters of the general public
"You're championing retailers whilst lambasting the most successful type of retailer - the scalper."
The scalper isn't a retailer, if they want to do business they should open a business instead of preying on the public and withholding products from them and holding them ransom for ridiculous sums.
"You're praising authorised resellers when they exist only to keep prices high and competition low."
Retailers exist to make an honest living by profiting from buying in bulk at wholesale and offering another outlet for consumers to buy at the fair, regular price.
You're praising scalpers who only exist to exploit consumers and line their own pockets with unfair markup prices
"You preach about extortion and morals while supporting the removal of an individual's right to purchase what they want."
another straw man, people can purchase what they want, in fact it is scalpers who are preventing people from purchasing what they want at a fair price, because they 1) remove the product off the market 2) sell at ridiculous prices because they have now created an exagerated supply shortage, meaning your average consumer won't be able to get or afford the product.
"You despise people who most would describe as entrepreneurs."
Only self deluded scamming scalpers would define scalping as entrepreneurial
"Nonsense."
Indeed.
straw man fallacy
"If you think that, then fair enough. But you're barking up the wrong tree if you're blaming the scalpers for profiteering, and not the businesses churning out the product (for profit)."
retailers profit fairly, scalper exploit people by removing products from the market to make extortionate mark ups over the RRP
"Retailers are acceptable because they sell at the RRP? Even though they make profit?"
Yes, because they are not doubling up the RRP, while relying on a limited market to provoke people into buying at their exorbitant price.
"But retailers have the advantage of being able to buy at low wholesale prices - a privilege not enjoyed by scalpers. Both retailers and scalpers benefit from a differential in their buy price and sell price: what makes the retailer superior?"
lol, its not a privilege its called being a registered business and earning an honest living. Maybe scalpers should try and start a honest business instead of behaving like parasites exploiting the general public.
what makes the retailer different? Again, they sell very close to RRP, so the consumer is paying the same as the would from the original company, also they do not intentionally buy up a limited item in demand (like tickets to a show, or apple pencil) to prevent people buying it at the normal price, to then try and make massive profits above the RRP. Scalpers are shafting the consumer, retailers are arguably offering another outlet and oppertunity for consumer to buy the product at the fair price.
"'Genuine retailers' are buying to exploit customers. That's their bloody job!"
Nope, when they sell an apple product, for example, at RRP the consumer is paying the same price they would as from Apple directly. Not so with scalpers.
"A retailer is no better than a scalper."
Nonsense, I just explained why they are.
"That they charge RRP and a scalper charges more than RRP is irrelevant:"
lol more nonsense, what would you rather pay for an apple pencil £/$80 or £/$160?
"I'll ignore the 'simply', that's just too easy to jab at...
Do you know why there are registered sellers? They're not a good thing for you or I. They're not there to improve your life as a consumer. Restricting distribution to authorised resellers is done only to maximise profit."
Scalpers are a much worse thing for the general public than registered retailers selling at RRP.
"Authorised resellers are exploitation in action."
Nope, its actually a system whereby the consumer is not exploited and the retailer can still earn a living by buying bulk at wholesale. Retailers are providing another outlet for consumers at a similar price to the official store, scalpers are charging exorbitant prices and should get an honest job instead of exploiting the general public for a quick buck.
"Your argument is flawed."
You are defending exploiters of the general public
"You're championing retailers whilst lambasting the most successful type of retailer - the scalper."
The scalper isn't a retailer, if they want to do business they should open a business instead of preying on the public and withholding products from them and holding them ransom for ridiculous sums.
"You're praising authorised resellers when they exist only to keep prices high and competition low."
Retailers exist to make an honest living by profiting from buying in bulk at wholesale and offering another outlet for consumers to buy at the fair, regular price.
You're praising scalpers who only exist to exploit consumers and line their own pockets with unfair markup prices
"You preach about extortion and morals while supporting the removal of an individual's right to purchase what they want."
another straw man, people can purchase what they want, in fact it is scalpers who are preventing people from purchasing what they want at a fair price, because they 1) remove the product off the market 2) sell at ridiculous prices because they have now created an exagerated supply shortage, meaning your average consumer won't be able to get or afford the product.
"You despise people who most would describe as entrepreneurs."
Only self deluded scamming scalpers would define scalping as entrepreneurial
"Nonsense."
Indeed.
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The seller in the eBay in the listing above is "Registered as a business seller" so passes your first test and is free to carry on selling under your simple law.
Creating consumer protection legislation is not simple and you are extremely naive if you believe your simple law would be capable of being implemented.
For the record the UK already has robust consumer protection laws. If you believe that the eBay sellers are acting in an anti-competitive way then you are free to notify the Competition and Markets Authority here.