Quote Originally Posted by CYoung187 View Post
That is like saying walmart doesn't make any money because they are selling everything for 80% of what they could sell it for. I'd rather sell 2 at 80% then 1 at 100%. I don't care if my margins are less if I am selling much faster.
Umm...no. First of all, I wasn't talking about someone undercutting by 20%, I was talking about a larger amount than that. Like others said in this thread, there's a better way to go about undercutting that doesn't completely destroy the prices. Yeah, no one can tell you what price you can sell your items at, sure, but we can all still look at it with eyebrows raised. Second, that analogy fails. I'm sure the CEO at Wal-Mart doesn't just go "HMMM what's the other guy selling it for? 10 dollars? Alright, let's sell ours for 2 dollars." There's way more to it than that. If he told that to their shareholders I'm pretty sure that guy wouldn't have a job anymore. And that's not even taking into account those people that undercut prices at a loss compared to if they had just vendored the things. smh