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Thoughts on price transparency?
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<p>[QUOTE="ddddd, post: 4938441, member: 22377"]That is a good question. There is nothing that guarantees that the transparent statement is true. However, the majority of sellers are people that we don't know. Yet we still choose to purchase from them. Trust is built up or eroded over time. Price transparency would not be the sole factor most would make a decision on. It would be one of the things to consider when evaluating several similar sellers who one has not dealt with previously.</p><p> </p><p>Let's go back to the recent mint product example. It is no longer for sale at the US Mint but you are looking to purchase one. Three sellers all have it for the same price, all have 100% positive feedback, and shipping is the same across the board. How do you pick which one to go with? If one seller uses transparent pricing, that would separate them from the competition and could be the difference in making the sale.[/QUOTE]</p><p><br /></p>
[QUOTE="ddddd, post: 4938441, member: 22377"]That is a good question. There is nothing that guarantees that the transparent statement is true. However, the majority of sellers are people that we don't know. Yet we still choose to purchase from them. Trust is built up or eroded over time. Price transparency would not be the sole factor most would make a decision on. It would be one of the things to consider when evaluating several similar sellers who one has not dealt with previously. Let's go back to the recent mint product example. It is no longer for sale at the US Mint but you are looking to purchase one. Three sellers all have it for the same price, all have 100% positive feedback, and shipping is the same across the board. How do you pick which one to go with? If one seller uses transparent pricing, that would separate them from the competition and could be the difference in making the sale.[/QUOTE]
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