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Thread: Profiting from forum sales

  1. #1
    Join Date: Jun 2015

    Location: London, UK

    Posts: 779
    I'm Lawrence.

    Default Profiting from forum sales

    Ive noticed one or two people who seem to consistently make a 30-50% (->100%!) markup on things sold on this and other forums. They buy them on ebay or other forums and move them on within weeks for a significant premium. They claim to be inveterate box swappers but they make a nice little earner from the forums.

    This really winds me up as I think on the forums we should be sharing our good fortune for getting gear at a reasonable price if it doesn't work out for us. Don't get me wrong I've made money before but I sell them on ebay or gumtree as I don't see the same expectation of being a community on there.

    I was wondering if I'm being overly sensitive and the classifieds are just a free market free for all,or if people agree with me on this?


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  2. #2
    Join Date: Nov 2008

    Location: Belfast/Northern Ireland/UK

    Posts: 16,032
    I'm Neil.

    Default

    Quote Originally Posted by Lawrence001 View Post
    Ive noticed one or two people who seem to consistently make a 30-50% (->100%!) markup on things sold on this and other forums. They buy them on ebay or other forums and move them on within weeks for a significant premium. They claim to be inveterate box swappers but they make a nice little earner from the forums.

    This really winds me up as I think on the forums we should be sharing our good fortune for getting gear at a reasonable price if it doesn't work out for us. Don't get me wrong I've made money before but I sell them on ebay or gumtree as I don't see the same expectation of being a community on there.

    I was wondering if I'm being overly sensitive and the classifieds are just a free market free for all,or if people agree with me on this?


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    Lawrence if you have evidence to prove that anyone on here is basically running a covert business, buying to sell not to keep and try, then not like and sell on then please forward the evidence to Marco or one of the mods. This evidence must include links to the Ebay auction, and the ads on here or elsewhere.

    I would think that anyone found to be running a used HiFi business covertly will be asked to register as trade in order to sell here in future.
    Regards Neil

  3. #3
    Join Date: Jun 2015

    Location: London, UK

    Posts: 779
    I'm Lawrence.

    Default

    I don't know if it's enough to justify that description. One or two items every month or two isn't really going to be a business proposition. It's more just the way they consistently make money on every item at the expense of other forum members, I'm trying to get a feel for if the majority think that's fair game or not in the spirit of the forum.


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  4. #4
    Join Date: Nov 2008

    Location: Belfast/Northern Ireland/UK

    Posts: 16,032
    I'm Neil.

    Default

    Quote Originally Posted by Lawrence001 View Post
    I don't know if it's enough to justify that description. One or two items every month or two isn't really going to be a business proposition. It's more just the way they consistently make money on every item at the expense of other forum members, I'm trying to get a feel for if the majority think that's fair game or not in the spirit of the forum.


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    That quantity every month would I feel start to slide it into being a business, maybe drip feeding stock into for sales ads on forums to avoid looking like trade. Who knows what stock they have built up in order to sell on via that model.

    As I say any evidence regarding members doing that pass it on to Marco or a Mod and we will look at the evidence and assess if a trade status is required.
    Regards Neil

  5. #5
    Join Date: Apr 2008

    Location: Warrington

    Posts: 2,373
    I'm Neil.

    Default

    It certainly goes against the spirit of HiFI member sales, but there's always someone out there who's willing to throw ethics out of the window to make a quick buck.
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  6. #6
    Join Date: Feb 2013

    Location: W Lothian

    Posts: 34,547
    I'm Grant.

    Default

    Its certainly not in the spirit or the aims of private exhibitions. Its for members to sell to each other there gear without fees in a gentlemanly manner. Obviously buying stuff cheap to sell here at a profit will be frowned on. Again, if its just the occasional bit thats different,... the usual markdown is about 25% or so as thats what you pay in fees elsewhere.
    Regards,
    Grant ....
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  7. #7
    Join Date: Jun 2015

    Location: London, UK

    Posts: 779
    I'm Lawrence.

    Default

    Actually I did send a list of sales and ebay links to a mod about a year ago and was told they were aware so I guess it didn't qualify as a business and then it went a bit quiet for a while. I've just noticed it's picking up slightly again but not anything that qualifies as trade. If it grows I'll send an update to the mods.


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  8. #8
    Join Date: Nov 2008

    Location: Belfast/Northern Ireland/UK

    Posts: 16,032
    I'm Neil.

    Default

    Quote Originally Posted by Lawrence001 View Post
    Actually I did send a list of sales and ebay links to a mod about a year ago and was told they were aware so I guess it didn't qualify as a business and then it went a bit quiet for a while. I've just noticed it's picking up slightly again but not anything that qualifies as trade. If it grows I'll send an update to the mods.


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    Present the new evidence and refresh re the old and Marco and the Mods will have another look.
    Regards Neil

  9. #9
    Join Date: Apr 2012

    Location: Southall, West London

    Posts: 26,874
    I'm Geoff.

    Default

    There are other things to consider.

    Nobody is forced to pay the asking prices and if these prices are too high, items are less likely to sell.

    Also, some folks do like to 'box swap' regularly as part of their enjoyment of what is after all, a hobby.

    I think that profits are inevitable, but so are losses. I experience both on the modest amount of gear I move on.
    Mr. Tact!

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  10. #10
    Join Date: May 2012

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    I'm I'mteachingmarcotheartofpishanto.

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    I have noticed 2 suspects , I contacted Marco re one , Nothing done about it
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