Can someone explain the price gouging business model?

Matt_24 said:
Supply vs Demand determines pricing for anything. Nothing to get emotional about. If the asking price is incorrect, it won't sell.
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I understand that, but when you see resale posts for the USA commemorative BK Rush literally the DAY AFTER 4th of July, each listing asking $100 more than the previous, it’s a bit ridiculous. I swear there was a guy with a “for sale” post with his receipt in the pics, said he would ship it out as soon as he received it. WHILE the said cue was still available to buy online. Go figure.
 
trob said:
To the people calling it price gouging this the last post to bring some common sense lol

A close life long friend of mine inherited his dad’s south west. It’s a monster cue. His dad got it pre Franklin’s death and had it loaded. Tons of inlays , scrimshaw , ivory , ivory joint protectors, 4 shafts. I’ve never seen a south west like it.The works thrown at it and he paid less then 3k. South west has told him that he can get 30k plus for it on the international market no problem. Should my friend feel guilty because it would be upwards of a 27k profit. Of course not. Cues are like any piece of art they are worth what people will pay for it .
So again do I understand why someone would pay almost triple for a break cue because they painted it purple instead of black? Nope lol but people are paying it so that’s what the market dictates that this item that no one really needs will pay So it’s not gouging. It’s the going price whether you think it’s crazy or not.
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Isn’t that a bit different? That SW can have that asking price because there’s probably nothing else like it, anywhere else.
 
garczar said:
I've been buying cues for over 40yrs and i've yet to buy a cue worrying about what i might get for it later. Ever. I buy cues to PLAY WITH. Unless its a classic buying cues as any form of investment is insane. I've never owned any Predator product, i think they are entirely over-priced for what you get. That Raven as a PLAYING cue will do anything the Pred will do.
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Congratulations on your opinions, it is almost as if there are different strokes for different folks. You are quite emotional over this whole topic. Did a Predator player steal your girl or something?

Do you have any quantitative data to back up your claims that the Raven can do everything the Predator can do? I agree that the newest Predators are ridiculously over priced, but a few years ago you could get them pretty reasonable. I enjoy buying/selling/trading so I do try and stick to cues that are easy to sell if I do not like them. The world does not revolve around your opinions, plenty of ways to live life.
 
If you can not play well with a House Cue, with a decent Tip you worked over with sandpaper, and master chalk. Trust me you still will not be a DCC contender with a Black Boar.

JMHO.......
 
Cues are works of art, even the production ones. Many are also limited.
People are collectors and the value of collectibles is determined by the desire of the collectors.
Just because something cost $100 to make doesn't mean it's worth $100.
An item's "worth" is the price that people will pay for it.
And many people's desire for these cues is obviously worth the price they pay.
That's how economics work.
Now that said, many manufacturers (like Predator) severely underestimate the amount of people willing to pay huge money to buy their "limited" products, and thus lose literally millions of dollars by not producing enough of these products--- and scalpers thank them.
When you see items being constantly scalped, the original seller is severely underestimating their own product's demand/value.
Predator is a gold mine that has diamond mine potential, they just need to bump supply to meet demand.
 
I work in a place that sells plumbing supplies. And the funny thing is people nickel and dime over the price of a water heater or boiler. I probably make $40-$100 tops. Which is alot for them things. But people don't question the pricing on fittings or anything else where i am charging 4-5 times on my costs.
 
Woodshaft said:
Cues are works of art, even the production ones. Many are also limited.
People are collectors and the value of collectibles is determined by the desire of the collectors.
Just because something cost $100 to make doesn't mean it's worth $100.
An item's "worth" is the price that people will pay for it.
And many people's desire for these cues is obviously worth the price they pay.
That's how economics work.
Now that said, many manufacturers (like Predator) severely underestimate the amount of people willing to pay huge money to buy their "limited" products, and thus lose literally millions of dollars by not producing enough of these products--- and scalpers thank them.
When you see items being constantly scalped, the original seller is severely underestimating their own product's demand/value.
Predator is a gold mine that has diamond mine potential, they just need to bump supply to meet demand.
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Your points are valid but one not spend King Ransom for a Cue to Play Pool with. Learn to play on any Cue, or even a house Cue, then for find a Retailer that allows testing before you buy........Like Shoot the Bull/House of Cue in PHX.
 
BobPA said:
Congratulations on your opinions, it is almost as if there are different strokes for different folks. You are quite emotional over this whole topic. Did a Predator player steal your girl or something?

Do you have any quantitative data to back up your claims that the Raven can do everything the Predator can do? I agree that the newest Predators are ridiculously over priced, but a few years ago you could get them pretty reasonable. I enjoy buying/selling/trading so I do try and stick to cues that are easy to sell if I do not like them. The world does not revolve around your opinions, plenty of ways to live life.
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I've hit both, that enough? We're not talking rocket science here. I never said the world revolves around my opinions, that being said Predator execs must get chubbies knowing consumers that drink the 'PredAid' are out there.
 
Woodshaft said:
Cues are works of art, even the production ones. Many are also limited.
People are collectors and the value of collectibles is determined by the desire of the collectors.
Just because something cost $100 to make doesn't mean it's worth $100.
An item's "worth" is the price that people will pay for it.
And many people's desire for these cues is obviously worth the price they pay.
That's how economics work.
Now that said, many manufacturers (like Predator) severely underestimate the amount of people willing to pay huge money to buy their "limited" products, and thus lose literally millions of dollars by not producing enough of these products--- and scalpers thank them.
When you see items being constantly scalped, the original seller is severely underestimating their own product's demand/value.
Predator is a gold mine that has diamond mine potential, they just need to bump supply to meet demand.
Click to expand...
Cues cranked out like M-n-M's by $3/hr lackies running rows of CNC machines will never be regarded as 'art'. Give us a fkn break. Predator has done a masterclass grade of marketing to create addicts that would buy a dog turd if it said Predator on it.
 
Matt_24 said:
Correct. I have a $100 break/jump cue that can do anything a $1000 predator can do (in my hands). It's 99% technique. I was a teaching a new player (and showing them) how I jump with a house cue. That is how we learned back in the 90s. When I was stationed in Ft Walton Beach and got my first one from Rick Howard (his Break/Jumps were the predators of the 90s - used by the top players Johnny Archer, Tony Ellin, etc), jumping was like stealing.
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Good stuff. I still have a Mace J/B I ordered from him in 2005. Been my main breaker since.
 
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