Quote Originally Posted by zenmetsu View Post
Wrong on both counts. When I undercut by 50%, I know exactly what I am doing. I'm selling my shit for a price that I consider to be worthwhile.

The "right price" is the price at which the item will sell while still meeting the demands of the seller. Period. When was the last time you walked into a store to buy something and got pissed off because the price was too low? Exactly...
And is that 50% undercut the minimum price you would want for the item? Also why would you drop it by 50% when you could often achieve better results by trying 85% first? While you may see it as worthwhile, you also give yourself no wiggle room to account for people that further undercut you. Stores do the same thing, it is actually rather rare that they are not making a profit off of even their sale items, and when they do loose profit on an item on sale, they are trying to get you into their store to buy more than just that one item. When was the last time you found drastic price differences on an item for sale by businesses in the real world outside of sales?