Quote:
Originally Posted by Mark17
The guy who can't sell a pair of GU uniform pants for $80, so he raises the price to $600, then a few days later drops the price to $150, calling it a "flash sale" with a 75% price reduction.
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That strategy can work.
A few years back, I listed a jersey for sale. It was relisted many times with no takers. A good friend told me the price was too low, that I was devaluing the jersey. So I pulled it, relisted a few months later at double the price and it sold the same day.