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Thread: Profiting from forum sales

  1. #11
    Join Date: Nov 2010

    Location: Yorkshire

    Posts: 6,834
    I'm AnDreW.

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    Hmmm tricky one. I've sold and bought things from here. I've made money and lost money (usually the case). What happens when something becomes flavour of the month? The old law and supply and demand kicks in and prices go up. Garrard 301 decks and LS5/a speakers being good examples. I hate seeing new members suddenly advertising lots of kit for sale month in and month out (I have seen a few like this), agreed people can have large collections but sometimes it takes the wee wee.
    SS CD Teac VRDS25X(Mega Modded) DAC Caiman SEG+Anker PSU DECK 1210 Mat Analog Studio Crystal Mods MN Base/Bearing/Platter+Ebony arm Board Feet Isonoe PSU Paul Hynes SR7EHD-27XL/DCSXL Ag DC lead/Jaeger(low-impedance) connector/3 StageRegs/Recapped PCB+No Pitch/Strobe/Light ARM SME V(Kondo Ag Rewire&Tags) MC Cadenza Black CABLES Arm Yannis SPD-4 IC Yannis 222 Litz+Ag bullets Power WAR PRE ATC SCA2 SPEAKERS ATC 50ASL STANDS Atacama PHONO Sugden Masterclass PA4 SUT Ortofon ST80SE POWER PSAudio P10

    Valve PRECroft Epoch(Mega Modded) AMP Sondex S100 SPEAKERS Tannoy 15"MG+RFC Warwick cabs+ Reference XO DECK Garrard301 MatTeunto GunMetal Bearing SPH Plinth Moldovan Arm SME 3012(Ikeda Ag wired) PSU NSC MCAg Meister SPU/DECCA Maroon CABLES Arm Yannis 420.5 Litz+ Speaker3mm2Ag IC Oyaide FTVS-510 AgWBT 0110Ag Phonostage Paradise


  2. #12
    Join Date: Aug 2009

    Location: Staffordshire, England

    Posts: 18,284
    I'm Martin.

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    I bought a couple of SL1200s on here a few years ago. I paid 200 each. They are now probably worth 300 each. If I were to sell one is it morally wrong for me to ask 300 and make 100 profit?

    I don't personally think so. I probably wouldn't sell them for more than I paid but then I don't need the money. If I was short of cash then I probably would, so I wouldn't castigate anyone else for doing that either.

    If someone is regularly doing this, i.e it is a consistent earner for them, we would expect them to pay for Trade status. As Geoff says, no-one is forced to buy anything, and most items sold here sell for less than market value. There is Radford amplifier that is being advertised at way below the market rate right now, for example, and no-one has bought it yet. So it cuts both ways.
    Martin



    Current Lash Up:

    Sony X505ES CD Player * NVA P90SA passive pre / NVA A30 Power amp * JM Lab Electra 926 loudspeakers *



    "I hate to advocate drugs, alcohol, violence, or insanity to anyone, but they've always worked for me." - Hunter S Thompson

  3. #13
    Join Date: Feb 2013

    Location: W Lothian

    Posts: 38,394
    I'm Grant.

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    Dont think thats a good comparison. Were talking about buy and a few weeks later double the price. I mean jamie did right thing when he landed the cheap speakers. Found out a bit anout them and now is making a big profit on ebay. Didnt insult forum even though he didnt buy here it was a member who tipped him. Thats fine...hell were not commies ffs
    Regards,
    Grant ....

    I've said it before and I'll say it again: democracy simply-doesn't-work
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    DENON DV2900 - TWIN PRO MONOBLOCK AMPLIFIERS - XIANG SHENG DAC\PRE\HEADPHONE AMP - AVANTREE OASIS CLASS 1 BLUETOOTH - AUDIO TECHNICA ATH-MSR7 & OPPO PM-3 PLANAR HEADPHONES - WIN10 JRIVER23, DEEZER HiFi - ECHO DOT - SMSL M6 MINIDAC - FULL RANGE TWIN TELEFUNKEN's - Q ACOUSTIC BT3 actives - CANTON SUB - MAINS REGENERATED AND FILTERED.

  4. #14
    Join Date: Dec 2008

    Location: Lincolnshire, Home by the Sea

    Posts: 3,775
    I'm Shaun.

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    Ya see that's where I fall flat on my face because all of my hi-fi tit and tat I just give away to anyone prepared to cover the cost of postage. In some cases, people won't even pay the postage so it goes in the bin.
    Among the many: Ozric Tentacles early years - Genesis early years - Pink Floyd - Brand X - Camel - Shpongle - Younger Brother - The Peaking Goddess Collective - Deadmau5 - Trentemoller - Kiasmos - Acoustic Alchemy - John Coltraine - Hank Mobley - Lee Morgan - And Oasis...!

  5. #15
    Join Date: Jun 2015

    Location: London/Durham

    Posts: 1,038
    I'm Lawrence.

    Default Profiting from forum sales

    Actually thinking about it I have no issue with selling them on the forums at a profit if you put a link to the original sale and say I've done really well on these but then I got them cheap. What drives me mad is long descriptions about how they are great but no longer fit in with the system/the other half has decided they're not the right style/it's time for a change etc but no mention that they were only bought a few weeks before for a fraction of the price. While carefully worded not to say they've been owned for years there is an implication that they've been in the seller's possession for some time. To me this smacks of dishonesty.


    Sent from my iPhone using Tapatalk

  6. #16
    Join Date: Aug 2009

    Location: Staffordshire, England

    Posts: 18,284
    I'm Martin.

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    Yes, there is no problem buying cheap here and selling on eBay or Gumtree for a profit. The other way around is a bit dodgy, ethically. This site could be run for profit but it isn't, because once you try to monetise something like this you ruin it.

    If you want to make some money selling here, pay for a trade account and do it openly, and if you don't want to do that then go and get a proper job.
    Martin



    Current Lash Up:

    Sony X505ES CD Player * NVA P90SA passive pre / NVA A30 Power amp * JM Lab Electra 926 loudspeakers *



    "I hate to advocate drugs, alcohol, violence, or insanity to anyone, but they've always worked for me." - Hunter S Thompson

  7. #17
    Join Date: Jun 2015

    Location: London/Durham

    Posts: 1,038
    I'm Lawrence.

    Default

    Quote Originally Posted by Macca View Post
    This site could be run for profit but it isn't, because once you try to monetise something like this you ruin it.
    X2 - look at the wam now.


    Sent from my iPhone using Tapatalk

  8. #18
    Join Date: Apr 2012

    Location: Southall, West London

    Posts: 29,964
    I'm Geoff.

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    Big profits are there, intentionally or not. If I'd bought a couple of pairs of Tannoy Berkeleys ten years ago, I'd probably have laid out 500 or 600, they were cheap then. Now I'd likely get 2500 for them.
    Mr. Tact!

    Main system: MMs/ADCs/Low output MC's/One rare Japanese SUT/One scarce British phono stage/various tonearms/hefty Japanese DD TT and hefty Japanese BD TT and small British BD TT. 4 CD players/2 jitter buster/2 DACs/Valve buffer. TVC stepped attenuator or valve pre-amp or solid state pre-amp. Current dumping power-amp or either of two Class A SS power-amp or Class A EL34 valve monos or big Japanese (part Class A) integrated. Big dual concentric speakers/Smaller dual concentric speakers/Two way British compacts and full range speakers, amongst others. And too much more to list!

  9. #19
    Join Date: Sep 2014

    Location: brighton uk.

    Posts: 2,739
    I'm jamie.

    Default

    Quote Originally Posted by struth View Post
    Dont think thats a good comparison. Were talking about buy and a few weeks later double the price. I mean jamie did right thing when he landed the cheap speakers. Found out a bit anout them and now is making a big profit on ebay. Didnt insult forum even though he didnt buy here it was a member who tipped him. Thats fine...hell were not commies ffs
    They are not sold yet grant, turns out the guy who bought them lives in Northumberland, it clearly states collection only in my add and he's being a dick and wants to cancel the sale saying I didn't realise they were that big!
    My System/ Yamaha NS1000M speakers, Townsend Elite rock 2 turntable,,Alphason HR-100S-MCS,Zeta tonearms,Decca C4E Cartridge ,Sony 700ES Amp,Sony X555ES CD Player, Nakamichi ca5 pre amp ,

  10. #20
    Join Date: Feb 2009

    Location: Surrey, England UK

    Posts: 591
    I'm Stewart.

    Default

    I have 4 SL1210 MK 2 turntables brand new boxed up with zero hours on them - been sitting on them for 5 years now.

    They were originally bought as spares for a DJ'ing operation but never ended up being used.

    Will be interesting to see what happens to the value of these in another 5 years or so - will quite happily sit on them for that time.
    Stewart.

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