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Please explain for the slow

Just wondering why Apmex sells silver cheaper on eBay then their own site?

Comments

  • SmudgeSmudge Posts: 9,589 ✭✭✭✭✭

    Competition.

  • OPAOPA Posts: 17,129 ✭✭✭✭✭

    @oldstandard said:
    Just wondering why Apmex sells silver cheaper on eBay then their own site?

    Actually it's only a select few items that are cheaper. Most of their items are less expensive on their home page. And as Smudge indicated....competition is certainly a factor along with slow selling or overstocked item.

    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • BochimanBochiman Posts: 25,445 ✭✭✭✭✭

    Competition and sometimes it is a way to quickly turnover a product they may have too much of and they want to clear out (goes slow on their site, they got more than they expected at a better price than expected, etc......)

    Sometimes, on their site, they may not want to drop a price too low on their site, and make some other items look out of place with higher prices, but ebay is much easier to play pricing games.

    I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment

  • derrybderryb Posts: 37,141 ✭✭✭✭✭

    acquiring new customers

    Repetition of ignorance is ignorance raised to the power two.

  • thefinnthefinn Posts: 2,656 ✭✭✭✭✭

    I think they use it as a loss-leader to get people over to their site.

    thefinn
  • derrybderryb Posts: 37,141 ✭✭✭✭✭
    edited August 11, 2018 8:10PM

    Would be interesting to know their actual final valuation fee on ebay.

    Repetition of ignorance is ignorance raised to the power two.

  • Timbuk3Timbuk3 Posts: 11,658 ✭✭✭✭✭

    Interesting topic, thanks for sharing !!! :)

    Timbuk3
  • hchcoinhchcoin Posts: 4,829 ✭✭✭✭✭

    I have always wondered the same thing. It is an odd business model but it seems to work.

  • rickoricko Posts: 98,724 ✭✭✭✭✭

    Apmex obviously deals in volume... and, as indicted above by @Bochiman , it could be overstock, bait for their site or other reasons. Shop all the sites, there are bargains, but they go fast. Cheers, RickO

  • davidkdavidk Posts: 275 ✭✭✭

    I’ve also seen the exact opposite where a dealer sells for about 20% less on their own site than for identical items (same TPG serial number) that the also list on eBay.

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