(Topic ID: 245379)

American pickers,smart businessmen or greedy

By trumpy

4 years ago


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Topic Stats

  • 131 posts
  • 66 Pinsiders participating
  • Latest reply 4 years ago by AlexF
  • Topic is favorited by 5 Pinsiders

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    Topic poll

    “American pickers,smart businessmen or greedy”

    • Smart business 84 votes
      71%
    • Greed 34 votes
      29%

    (118 votes)

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    #22 4 years ago
    Quoted from trumpy:

    Just watched american pickers and cant understand why they dont offer fair prices . Say for an item worth $600 (thier value )the owner wants $450 , they only offer $300 looking at 100% profit , they miss out on all profit, when $400 WOULD BUY IT , they would make some profit and seller would be happy . Instead , everyone misses out .good business or plain GREED. MY VOTE IS GREED!!!!!!!

    Let's say you were buying $100,000 worth of goods for $75,000 that means two men split $25,000 that's if you are able to get $600 for every $450 spent last selling all items is harder than you think NOT GREED

    #23 4 years ago
    Quoted from Insane:

    Technically buying for 300 and selling for 600 is 50% profit. It would be 100% markup, but its only 50% profit. Half of what you sold it for is profit. For it to be 100% profit, it would have to have been free.

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