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At The Show, A Study in Different Dealer Methods
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<p>[QUOTE="Player11, post: 25359678, member: 26725"]I don’t like players that always expect a discount. For that scenario I have to usually pad it up in anticipation of that play. A good dealer strategy leave plenty room. Once I get to know a buyer the easier fine tune process. Some items I may be able come down on some can’t. Perhaps the price on it the lowest the consignor will go. Or it’s a $100 item already have $95 in. Bullion am on such a tight margin can’t come down. Those items priced as marked lol. Junk box material less than $10 / I might knock off 10 pct if buyer has selected multiple items lol. Gotta make that table fee. We are not in the game for free.</p><p><br /></p><p>in general if setting up at show leave some room for negotiation if possible. If doing a lot of high margin material - plenty room negotiation. Raw items $10 and above usually plenty of room. A friend has one big currency buyer who always wants a 25 - 30 pct discount - so he either doesn’t have prices on it or marks it up 100 pct (absorption pricing) so he still makes money even if that discount. Many just tell hagglers “item already at our best price as we operate on a 5pct spread.”</p><p><br /></p><p>if buyers really lowballing you - ask them if have one sell at that. I find shows fun and if they want play game then great I play game too.[/QUOTE]</p><p><br /></p>
[QUOTE="Player11, post: 25359678, member: 26725"]I don’t like players that always expect a discount. For that scenario I have to usually pad it up in anticipation of that play. A good dealer strategy leave plenty room. Once I get to know a buyer the easier fine tune process. Some items I may be able come down on some can’t. Perhaps the price on it the lowest the consignor will go. Or it’s a $100 item already have $95 in. Bullion am on such a tight margin can’t come down. Those items priced as marked lol. Junk box material less than $10 / I might knock off 10 pct if buyer has selected multiple items lol. Gotta make that table fee. We are not in the game for free. in general if setting up at show leave some room for negotiation if possible. If doing a lot of high margin material - plenty room negotiation. Raw items $10 and above usually plenty of room. A friend has one big currency buyer who always wants a 25 - 30 pct discount - so he either doesn’t have prices on it or marks it up 100 pct (absorption pricing) so he still makes money even if that discount. Many just tell hagglers “item already at our best price as we operate on a 5pct spread.” if buyers really lowballing you - ask them if have one sell at that. I find shows fun and if they want play game then great I play game too.[/QUOTE]
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