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Ties and watches market crash?
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Space Butler RJ: Space Butler CO: Space Butler Post Rating: 0 + / - Total Posts: 19 Karma: 18 Joined: Apr 2, 2012 |
Posted on Apr 10, 2012 My tie sales over last night: http://i.imgur.com/GxRZt.pngWatches: http://i.imgur.com/hj3L9.png Why did this happen? |
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eric scott RJ: Erik Scott CO: Sappo Post Rating: 0 + / - Total Posts: 130 Karma: 29 Joined: Apr 5, 2012 |
Posted on Apr 10, 2012 Looks to me like your price remained constant across your product line, but the global price of the products went down gradually.So essentially you were selling your $140-150 watches all night while someone else came in with a shiny new Rolex for $100... I know what I am going to buy Probably someone else cutting into that market and trying to undersell, looks like it worked! |
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Space Butler RJ: Space Butler CO: Space Butler Post Rating: 0 + / - Total Posts: 19 Karma: 18 Joined: Apr 2, 2012 |
Posted on Apr 10, 2012 Yes, but the average quality went up by 25 points. They didn't undercut me, they must have had a warehouse full of Q50 watches.
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eric scott RJ: Erik Scott CO: Sappo Post Rating: 0 + / - Total Posts: 130 Karma: 29 Joined: Apr 5, 2012 |
Posted on Apr 10, 2012 True, but the price also trickled down as you see from about 200 - 170So much higher quality items flooding the market at lower than previous prices. It's ok though, cause I know the exact same thing can happen to me in about 5 minutes work from one of the huge conglomerates out there. Thats the only real sticky point right now, is the little guy can be pretty much obliterated at any given time should someone so choose. |
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