"The J"

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Elendil

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Stupidity and greediness exist. That doesn't mean that how you describe an exchange isn't true. All exchanges that are made (without intervention by a third party) are almost by definition, consensual. And the one thing about the free market is, it's the only game in town where everyone wins. Both the buyer and seller are happy and unlike other (interventionist) exchanges, both usually thank each other.

When a person, after an exchange finds that they have not gotten what they thought they were getting - they either - blame the buyer as greedy or think themselves as stupid and in many cases both conditions existed.

Greed is not operating in one's self interest. Neither is not becoming educated (being stupid wrt) in the product or service you're buying. That is to what I was referring. I guess I could have been clearer.

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I think we are pretty close to being in agreement Kent and my post wasn't necessarily a rebuttal to your earlier post. My frustration lies in the commentary a see made routinely about a supplier that sells a product for a higher price describing them as "greedy" or a "rip-off". I don't think either term automatically applies. Certainly if they are providing the same product with no better level of service than most other suppliers, then the market will eventually work itself out............
 

oettinger

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I think we are pretty close to being in agreement Kent and my post wasn't necessarily a rebuttal to your earlier post. My frustration lies in the commentary a see made routinely about a supplier that sells a product for a higher price describing them as "greedy" or a "rip-off". I don't think either term automatically applies. Certainly if they are providing the same product with no better level of service than most other suppliers, then the market will eventually work itself out............

^^^THIS is what my TLDR post should have said at the bottom!!^^^

I also get tired of people calling vendors ripoffs. If not for the mall kiosk guys, MOST of the ECF members would not even know what a PV or e-cigarette was. I know I wouldn't. YouTube videos and forums will not make the changes we all want so bad, it takes REAL exposure.
 

Kent C

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Jun 12, 2009
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I think we are pretty close to being in agreement Kent and my post wasn't necessarily a rebuttal to your earlier post. My frustration lies in the commentary a see made routinely about a supplier that sells a product for a higher price describing them as "greedy" or a "rip-off". I don't think either term automatically applies. Certainly if they are providing the same product with no better level of service than most other suppliers, then the market will eventually work itself out............

Understood.
 

Shaka

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Jun 2, 2010
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...My frustration lies in the commentary a see made routinely about a supplier that sells a product for a higher price describing them as "greedy" or a "rip-off". I don't think either term automatically applies. Certainly if they are providing the same product with no better level of service than most other suppliers, then the market will eventually work itself out............

Well said!

One cannot, in all fairness, compare the prices of products at a retail mall store vs a virtual store. As a previous owner of a retail outlet at a mall, I can tell you that the rent (base and %age), monthly CAM (common area maintenance), and payroll were huge nuts to make month after month. You may not have these expenses with an internet store.

Keystoning (100% markup over cost of the item) was usually the minimum markup in a retail environment to survive. The value to the customer is the convenience of a storefront, being able to run to the store and get what they need when they need it, and hopefully receive better and personilzed service with face-to-face dealings.

If customers don't get this added value, or if for whatever reason this added value becomes inconsequential, then as Elendil said, "...the market will eventually work itself out."
 

AngusATAT

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Here's their website:

Totally Vapor

I didn't see anything like what you're describing on there. I wonder if he's using the Totally Vapor kiosk to shop his own wares around? I wish I had thought of that!


I've been informed that this site is not the same company. The site you linked only does business via the internet, and is located in Spain. They aren't affiliated with Totally Vapor USA.
 
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