More Stupid Pricing....

[Big Daddy Audio]

Was at the Surprise, AZ Goodwill today - Saw a Specialized "Hard Rock" mountain bike - typical thrift shop condition - a little neglected, tires low or flat - needing a lube and some adjustments.

Asking price?

Are you sitting down?

$249.99

Keep in mind, this is the bottom range from Specialized - I'm not sure if they even still make them.

I bought a new one in 1987 for $299.99 at Stuyvesant Bicycle in NYC.

$249.99 is like $210 over what you should pay for one of these.  This price is not even in the ballpark.

This is a case where the production people have NARY A CLUE.

And remember, all it takes is one idiot to pay that price (it'll probably disappear on a 50% off Saturday or something - where it would be $125 or so - still about $85 over what it should be) to justify their INSANE pricing.

BTW - even at $39.99, I would have still passed.

[azia88]

The people in Goodwill have no clue sometimes..They look at ebay and see an asking price and they think they are really selling for that price..Idiots..Sometimes it is nice that they don't how to price things though.. Last weekend my husband found some cds worth $50 and bought for 2 bucks not a bad find :-)..

[FleaQueen]

The upside of the Stupid Pricing Policy is that many rare and marvelous things get waaaaayyyy underpriced.

I can't remember how many times I've seen a knock-off purses, and dollar store/Walmart garbage priced up to the high heavens, while authentic high end designer stuff (Tod's, Versace, Chloe) and super-valuable vintage was priced at a dollar or two.

www.fullservicebohemian.blogspot.com

[Big Daddy Audio]

The upside of the Stupid Pricing Policy is that many rare and marvelous things get waaaaayyyy underpriced.

It should ALL be under-priced.  After all, it's a THRIFT SHOP.

[FleaQueen]

RIGHT!!

It drives me crazy to think Salvation Army and Goodwill (Goodwill is especially bad) who get their stuff for NOTHING often price it waaaaay beyond what is reasonable. 

I get that they're in business to raise money in order to help people, but overpricing things that are not going to move quickly -- or not at all, depending on some prices -- is not a good business strategy, considering how crowded with stuff their stores generally are.

Another thing that bugs me is when they waste valuable shelf and rack space with items that are badly broken (and therefore won't sell) or torn, stained or smelly (also non-sellable). 

www.fullservicebohemian.blogspot.com

[valleythriftshopper]

I was complaining at one of the local Sallys today that the woman's clothes are priced higher than the mens.  I was told this is because 80 percent of the clothes are womens and 10 percent are mens and 10 percent kids.  This explination makes no sense, but I was also told if you complain about the prices to the district manager, they will just make them higher.  Nice charitable organization, little surprise that I rarely feel inspired to give money to the kettle drive!  At least that store has some good cheap bric-a-brac, at the other area Sally the employees talk openly about the stuff they want from the donations (they are not supposed to shop on the job).  No wonder that store sucks!