Quote:
Originally Posted by MmHmluvthosejeans
I don't think it is counterfeits that are driving down prices. It's loss of interest, the economy, and amazing retail sales that bring the retail prices down.
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I am not really referring to the current market ... and I am still making approx the same sales I was making 5 months ago and more then I was a year ago at this time when I consider different factors of my business.
I don't doubt that the economy is causing some sales to slump. Loss of interest I doubt ... plenty of people are still buying stuff. Amazing retail sales ... maybe but like I said my sales are level and better then last year.
I was actually referring to the market in General NOT at any specific time. Counterfeit items will always drive the market price of authentic items down because people who are buying counterfeits at cheap prices would be forced to buy authentic items instead (or they would not buy them at all) but this would drive the market price up. Also people who are do not know the markets and think they can snag a pair of popular and heavily faked Diesel like X-Rotuck 796, Zaf 796 or Zathan 772 for $50 (when they are actually comparing real prices to fake prices) would quickly come to realize that no one is going to sell them a real pair for that low price.
It really just comes down to supply and demand. The counterfeits drive the supply up, people buy the counterfeit either unknowingly or knowingly. This drives the demand down which in turn drives the price down. If there are no counterfeits on the market --- and I would esitimate 70 - 80% of the Diesel on eBay are fake ... then there would be less supply and it would drive the prices up.
That's just my opinion on the matter. I dropped out of college to run my own business ... so what do I know about economics ....