Impact Guns Price Gouging
- Thread starter rkeiger
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Technosavant
New member
Supply and demand. The guns are available BECAUSE they're priced higher.
If they were pricing them at pre-panic prices, they'd have all been bought by others wanting to flip them at a $500+/rifle profit.
If you wait until EVERYBODY wants something to buy it, you're going to pay more. Fact of life.
If they were pricing them at pre-panic prices, they'd have all been bought by others wanting to flip them at a $500+/rifle profit.
If you wait until EVERYBODY wants something to buy it, you're going to pay more. Fact of life.
UtopiaTexasG19
New member
It would be Price Gouging if they advertised at one price and then went up after you had ordered. It's time to put our big boy pants on and move forward.
Adamantium
New member
If they are selling above MSRP it is price gouging to me. You won't see me buying from someone who is willing to do that. I've already added Cheaper than dirt to my list, now impact guns goes on there as well.
Willie Sutton
Moderator
Funny how folks are all in favor of capitalism, and freedom of association, and a free market economy *right up until they meet up with the law of supply and demand*. And then they want price fixing... 
Remember that ethically, a business is only obligated to itself. It's ethical position is to maximize profits. The manner in which it attempts to do this is it's own business. If you don't like it, don't patronize them.
With that said, this is a good opportunity to be discriminating in your selection of vendors. If nobody buys from them, their ploy will fail. My bet is that they will sell their inventory without problem.
Willie
.
Remember that ethically, a business is only obligated to itself. It's ethical position is to maximize profits. The manner in which it attempts to do this is it's own business. If you don't like it, don't patronize them.
With that said, this is a good opportunity to be discriminating in your selection of vendors. If nobody buys from them, their ploy will fail. My bet is that they will sell their inventory without problem.
Willie
.
FrankenMauser
New member
It isn't gouging, unless they control the market, it's a commodity you can't live without (food, water, gas/fuel oil, etc), and the only reason for the price increase is to make massive profits through the monopoly.
In this case....
A) I don't see any problems with their pricing.
B) If they do have certain firearms priced stupidly high... If idiots are willing to pay what they're asking, then that's fair market value.
A few years ago, I traded a $50 rifle for a $550 S&W revolver. I didn't gouge. The guy wanted a "deer rifle" more than he wanted the revolver.
...just like the panic buyers want an AR or other firearm more than they want their money. (Though, we'll be hearing them complain about being "robbed" if the prices come back down.)
In this case....
A) I don't see any problems with their pricing.
B) If they do have certain firearms priced stupidly high... If idiots are willing to pay what they're asking, then that's fair market value.
A few years ago, I traded a $50 rifle for a $550 S&W revolver. I didn't gouge. The guy wanted a "deer rifle" more than he wanted the revolver.
...just like the panic buyers want an AR or other firearm more than they want their money. (Though, we'll be hearing them complain about being "robbed" if the prices come back down.
)That's you opinion, and you're welcome to it. Others call it smart business.
back in the mid/late 1970s, S&W M29.44 Magnums were selling for $400-450 at retail outlets and person to person sales. MSRP at the time was $283.50
but the factory was back ordered about 2 years production. You could get one at MSRP, and wait two years for delivery. OR you could pay whatever the guy who had one wanted, and get it now.
Nobody was forced to buy at anything above MSRP. They chose to.
And that, my friend is how capitalism works. You charge what the market will bear. Charging less or more is foolish. Charge less, and you lose profits. Change more, and you lose sales.
Right now, the market is in panic mode, again. That bubble will burst. When it does, you'll likely be able to pay less for what you want. Buy now, pay what they want, now. OR wait. Your call, either way.
here's my thought . If they were in stock before the panic then the price should not change . CTD upped there Pmags to $60 the next day then lowered them back to around 20 .They also stopped selling there guns . My guess is so they can raise the price on them all .
The thing that sucks about panic buying is everything gets bought in bulk by just a few . In these situations I like it when the store puts a limit on the amount you can buy . It gives a few more people a chance to get some .
The thing that sucks about panic buying is everything gets bought in bulk by just a few . In these situations I like it when the store puts a limit on the amount you can buy . It gives a few more people a chance to get some .No amount of paper money: the money gets to be worth less and less and quality goods get to be worth more and more. The gun works. The Dollar? The Dollar is a fiction produced by an entity that pays people NOT to work, farmers NOT to produce, teachers NOT to teach, and just generally gets in the way of people who are actually trying to make something useful ......
Capitalism is, in essence, a system of democracy where you get to vote with your dollars. The ultimate goal is that the companies who get it right will get the most votes and be the most succesful. Unfortunately, uninformed and uneducated shoppers (much like uneducated voters) can skew the system. Then you have companies that pull dirty tricks and get away with it, prospering. Responding to supply and demand issues is not a dirty trick. Tripling the price in a day... well, you decide.
I don't think CTD acted ethically the day they raised the price of the magazine from 16 bucks to 54, but it was their merchandise and within their right to do it. They knew they would sell out of mags quick, and there were no promises on when their supply would be restocked. They may not get Pmags for months. If they sell out in a day, then that's months when they won't make money off of Pmags. SO... make more money off of Pmags in that day. I think CTD went over the top with it. That's my opinion. I choose to cast my money votes elsewhere now.
I don't think CTD acted ethically the day they raised the price of the magazine from 16 bucks to 54, but it was their merchandise and within their right to do it. They knew they would sell out of mags quick, and there were no promises on when their supply would be restocked. They may not get Pmags for months. If they sell out in a day, then that's months when they won't make money off of Pmags. SO... make more money off of Pmags in that day. I think CTD went over the top with it. That's my opinion. I choose to cast my money votes elsewhere now.
Willie Sutton
Moderator
"In these situations I like it when the store puts a limit on the amount you can buy . It gives a few more people a chance to get some"
Perfect Collectivist viewpoint. I mean this would feel good and be "Fair" and all. But the world is not fair.
A rational seller, confronted by someone willing to buy his entire inventory in one lump sum will immediately recognize that his prices are too low, and will raise them until the "I'll buy them all" purchaser refuses to buy them all and only buys a portion. Then he'll wait for another buyer to walk in. Repeat as required.
A Capitalist able to buy out an inventory in one fell swoop will similarly understand immediately that they are underpriced and that a profit potential exists. He would then simply buy them all and sell the surplus for a profit without a second thought. That's exactly what I would do if I found 100 AR-15 magazines for sale today for $19.00/each. And I would never fret about selling them for $100/each to willing buyers. A fair market value is set when a willing seller and a willing buyer exchange money for a product. "Fair Market" exchange has has NOTHING to do with what the seller originally paid for his wares.
That's exactly what's happening.
Supply and Demand: Love it or move to Cuba....
Willie
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Perfect Collectivist viewpoint. I mean this would feel good and be "Fair" and all. But the world is not fair.
A rational seller, confronted by someone willing to buy his entire inventory in one lump sum will immediately recognize that his prices are too low, and will raise them until the "I'll buy them all" purchaser refuses to buy them all and only buys a portion. Then he'll wait for another buyer to walk in. Repeat as required.
A Capitalist able to buy out an inventory in one fell swoop will similarly understand immediately that they are underpriced and that a profit potential exists. He would then simply buy them all and sell the surplus for a profit without a second thought. That's exactly what I would do if I found 100 AR-15 magazines for sale today for $19.00/each. And I would never fret about selling them for $100/each to willing buyers. A fair market value is set when a willing seller and a willing buyer exchange money for a product. "Fair Market" exchange has has NOTHING to do with what the seller originally paid for his wares.
That's exactly what's happening.
Supply and Demand: Love it or move to Cuba....
Willie
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