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Price gouging question.

If i were to buy some of those "overpriced" N95 masks to re-sell, and marked them up using the SAME calculations i use to mark up any of my other items, no more no less, would that be considered price gouging?

One In A Million You - Larry Graham
Message 1 of 91
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90 REPLIES 90

Re: Price gouging question.

@therogue-trader 

It was not a matter of convenience. The OP said they sell for $20 but wants to list them for $200. Ebay does not care how much the OP paid for them.

Message 16 of 91
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Re: Price gouging question.


@coolections wrote:

@inhawaii wrote:  Let's say a box masks used to cost $20. If i buy a box of masks now for $200 and I sell it for $201, am i price gouging? 

 


There. Fixed that for you. Quoting out of context is unacceptable. 

 

 

Message 17 of 91
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Re: Price gouging question.


@inhawaii wrote:

 

If i buy a box of masks now for $200 and sell it for $201, am i price gouging? 


No, you're just losing money and being...well...stupid lol

The easier you are to offend the easier you are to control.


We seem to be getting closer and closer to a situation where nobody is responsible for what they did but we are all responsible for what somebody else did. - Thomas Sowell
Message 18 of 91
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Re: Price gouging question.

eBay will not look at nor take into consideration how much you paid for them.They will look at steep increase in the price compared to the pre event cost


This is a user to user board not eBay employees.
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When people show you who they are, believe them
Message 19 of 91
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Re: Price gouging question.

I would list it auction style.  let the buyers gouge themselves.  as I learned in the past people will still blame you even if you have only a slight markup but I still say how can it be my fault at such a little markup when they ran it up themselves?

 

The 9 boxes that originally sold auction style in the other thread for $1125 ( started at $1) got relisted and sold the second time around for a little over $1900 to a buyer with something like 2700 feedback. 

Message 20 of 91
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Re: Price gouging question.

I wouldn't do it because you could be left with a bunch of stock you paid way too much for.

I can't recall who said it over the weekend, but it was some spokesperson for one of the "health agencies" who said (in caps even) STOP BUYING MASKS!!

Only those who are already ill or healthcare workers should be wearing them. They do nothing to prevent healthy people getting it.
Message 21 of 91
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Re: Price gouging question.

@ersatz_sobriquet 

There was no need to fix anything I wrote. It was very unacceptable thing for you to do. The OP said they typically sell for $20 and OP asked if they can sell for $201.

Message 22 of 91
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Re: Price gouging question.

I've been on a quest to find the 3-ply masks in the Dallas Fort Worth Area. Walmart retails them for $3 for a pack of 20 and $6 for 50. They are nowhere to be found at any supermarket or pharmacy (Walgreens, CVS, etc) in the area. But they, and similar ones, are being sold every few minutes (literally) on eBay for $30-$60. So, where is the line drawn at "price gouging"??? What is the limit on the mark-up rate? What if a buyer is accused of price gouging, but says "I bought them at $20 a box, so my mark-up is nominal." eBay and Amazon need to let the invisible hand of the free market dictate prices.

Message 23 of 91
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Re: Price gouging question.


@coolections wrote:

@ersatz_sobriquet 

There was no need to fix anything I wrote. It was very unacceptable thing for you to do. The OP said they typically sell for $20 and OP asked if they can sell for $201.


You deliberately editted the post to change the statement.  InHawaii stated if if buy them for $200, $200 not the $20 that you CHANGED the purchase price to.  THAT was you were being called out for, deliberately altering the OP's question.

Member of the Grumpy Old Man crew
Message 24 of 91
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Re: Price gouging question.

makes sense to me
Message 25 of 91
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Re: Price gouging question.

@dtexley3 

Ask Ebay what they think of the $20-$201 price increase. It does not matter how the topic started, the real question is it gouging to ask $201. Ebay does not care if you paid $20 or $500. Don't go by what I said and go ahead and list your gouge price and see what happens. You can twist the facts all you want.

Message 26 of 91
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Re: Price gouging question.

The media has been telling people today that wearing a mask might actually increase your odds of getting the virus so there might be a big drop in profit coming. 

 

I wouldn't pay to much of a markup on them if I was going to sell them. never know when the big drop comes and don't want to be holding them at a big expense. 

 

Now if my brother-n-law wasn't sick I probably would have jumped on the band wagon and sold off a few of my dad's extra boxes he had left over but going to him was a good cause. can always make money a different way 

Message 27 of 91
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Re: Price gouging question.


@dtexley3 wrote:

@coolections wrote:

@ersatz_sobriquet 

There was no need to fix anything I wrote. It was very unacceptable thing for you to do. The OP said they typically sell for $20 and OP asked if they can sell for $201.


You deliberately editted the post to change the statement.  InHawaii stated if if buy them for $200, $200 not the $20 that you CHANGED the purchase price to.  THAT was you were being called out for, deliberately altering the OP's question.


I believe editing posts to alter the intent is a board violation (or it used to be)

Message 28 of 91
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Re: Price gouging question.

@bar-29368 

Oh' geeze, the OP said the item normally sells for $20. Nothing changes that fact regardless of how you want to twist it. Someone who sells a $20 item for $201 is price gouging. It does not matter if the OP paid $200 or $2000. 

Message 29 of 91
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Re: Price gouging question.


@ersatz_sobriquet wrote:

@coolections wrote:

@inhawaii wrote:  Let's say a box masks used to cost $20. If i buy a box of masks now for $200 and I sell it for $201, am i price gouging? 

 


There. Fixed that for you. Quoting out of context is unacceptable

@coolections wrote:

@ersatz_sobriquet 

There was no need to fix anything I wrote. It was very unacceptable thing for you to do. The OP said they typically sell for $20 and OP asked if they can sell for $201.


Did you know that imitation is the sincerest form of flattery? (Charles Caleb Colton)

Thank-you! 😉 

Message 30 of 91
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