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Posted by: Colubrid-aphilia at Sat Oct 8 19:03:38 2005 [ Email Message ] [ Show All Posts by Colubrid-aphilia ] As with anything being sold, it's supply and demand. Look at the Tickle-me-Elmo doll a few years back. Everybody just had to have one, and there were not enough to go around. These stupid fifteen dollar dolls were selling for hundreds, and yes people were buying them. So the factory goes into overtime and produces billions of these dolls and floods the market, and suddenly (almost as suddenly as they appeared) the phenomenon was over. And yes there were a lot of people upset and mad over having paid hundreds of dollars for something that if they had just waited they could have had for nothing. So then no one buys them anymore and they sit around and take up space, so the company has to eat it's investment and liquidate the remaining inventory just to get them out of the warehouse. | ||
<< Previous Message: Tom: Your post about prices on KS - jlambert, Sat Oct 8 17:42:18 2005 |
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