Author Topic: Air Jordan Investment?  (Read 4342 times)

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Re: Air Jordan Investment?
« Reply #60 on: November 01, 2020, 01:56:08 AM »
???

You didn't look up mutual.

You're arguing semantics, and you happen to be wrong. Just because I'm okay with someone taking advantage of my good nature, doesn't mean they aren't taking advantage. You can take advantage of a good deal, and that doesn't mean your getting one over on the store. It's mutually agreed to.
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Offline Fish Tank

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Re: Air Jordan Investment?
« Reply #61 on: November 01, 2020, 01:08:23 AM »
You're arguing semantics, and you happen to be wrong. Just because I'm okay with someone taking advantage of my good nature, doesn't mean they aren't taking advantage. You can take advantage of a good deal, and that doesn't mean your getting one over on the store. It's mutually agreed to.
You're missing the point. Here's one more example. You want to sue someone in small claims court. You can do it all by yourself. But many people hire a lawyer because they lack the knowledge.

Is the lawyer taking advantage of an uneducated consumer? Same with accountants. Same with credit repair.

You can do all these things yourself. But since you're uneducated, you hire someone.

Are they taking advantage of your lack of education?

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Re: Air Jordan Investment?
« Reply #62 on: November 01, 2020, 01:12:20 AM »
In the service business, in many cases you're paying for someones knowledge/education.

As the saying goes "a lawyer doesn't charge $1000/hour to sign your docs, he charges for the years of schooling and continued education"


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Re: Air Jordan Investment?
« Reply #63 on: November 01, 2020, 01:14:48 AM »
You're missing the point. Here's one more example. You want to sue someone in small claims court. You can do it all by yourself. But many people hire a lawyer because they lack the knowledge.

Is the lawyer taking advantage of an uneducated consumer? Same with accountants. Same with credit repair.

You can do all these things yourself. But since you're uneducated, you hire someone.

Are they taking advantage of your lack of education?

If a lawyer charges you $70 to file something that anyone could do online for free, he's taking advantage of you not knowing you could do it for free.

The purpose of a BG is not to provide you with any service. They are using you. You can be ok with that or not.  But if you are trying to spin BGs as a service to people who cannot sell things for themselves... that's just dishonest.
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Re: Air Jordan Investment?
« Reply #64 on: November 01, 2020, 01:16:07 AM »
In the service business, in many cases you're paying for someones knowledge/education.

As the saying goes "a lawyer doesn't charge $1000/hour to sign your docs, he charges for the years of schooling and continued education"

Jeez. I would have thought this would be clear to DDFers by now. BUYING GROUPS DO NOT EXIST TO PROVIDE YOU SERVICE.
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Offline drosenberg88429

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Re: Air Jordan Investment?
« Reply #65 on: November 01, 2020, 04:07:42 AM »
Buying groups, like fish stores and tax prep places and deals blogs and landscaping services, are businesses. Businesses exist to make $$$. Said profit is generated when the proceeds from customers exceeds cost of goods, labor, and overhead. The lower they buy and the higher they sell, the more profit is made and the better a business it is. We've all seen the results of bad businesses that defaulted on tens of millions of dollars on people's cards. It's obviously in every buyer's best interest that the buying groups be managed by a competent business person who understands market dynamics, supply and demand, and cash flow. If the competition's commission would be higher and the buying group would have their supply source threatened to a degree that the net impact to the bottom line would be negative, they would probably give higher commissions, given that we are operating under the supposition that they are run by competent management. Being as the commission is what it is, presumably this is what market conditions dictated prudent for them. C'est la vie.

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Re: Air Jordan Investment?
« Reply #66 on: November 01, 2020, 05:56:05 AM »
Buying groups, like fish stores and tax prep places and deals blogs and landscaping services, are businesses. Businesses exist to make $$$. Said profit is generated when the proceeds from customers exceeds cost of goods, labor, and overhead. The lower they buy and the higher they sell, the more profit is made and the better a business it is. We've all seen the results of bad businesses that defaulted on tens of millions of dollars on people's cards. It's obviously in every buyer's best interest that the buying groups be managed by a competent business person who understands market dynamics, supply and demand, and cash flow. If the competition's commission would be higher and the buying group would have their supply source threatened to a degree that the net impact to the bottom line would be negative, they would probably give higher commissions, given that we are operating under the supposition that they are run by competent management. Being as the commission is what it is, presumably this is what market conditions dictated prudent for them. C'est la vie.
Boom.

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Re: Air Jordan Investment?
« Reply #67 on: November 01, 2020, 05:58:32 AM »
If a lawyer charges you $70 to file something that anyone could do online for free, he's taking advantage of you not knowing you could do it for free.
LOL.

I now understand you're perspective. Maybe one day you'll own a business and revisit this thread.

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Re: Air Jordan Investment?
« Reply #68 on: November 01, 2020, 06:33:00 AM »
Boom.

That looks like an answer to CV wanting an extra $200. No boom; he knew all of that already. He's been in this game longer than 99% of DDFers.

LOL.

I now understand you're perspective. Maybe one day you'll own a business and revisit this thread.

Owned a business. It operated on the basis of taking advantage of knowledge I had that the average person didn't. Before that, I made literally millions for other people using that knowledge. There's nothing wrong with that. It's capitalism.

You don't seem to get that I'm not cr@pping on BGs. I'm just saying they aren't here to do you favors. They operate by taking advantage of people, whether those people know it or not. That doesn't make them evil. It's a business. Ask Shloimy Greenwald, and he'll tell you the same thing.
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Re: Air Jordan Investment?
« Reply #69 on: November 01, 2020, 06:51:57 AM »
That looks like an answer to CV wanting an extra $200. No boom; he knew all of that already. He's been in this game longer than 99% of DDFers.

Owned a business. It operated on the basis of taking advantage of knowledge I had that the average person didn't. Before that, I made literally millions for other people using that knowledge. There's nothing wrong with that. It's capitalism.

You don't seem to get that I'm not cr@pping on BGs. I'm just saying they aren't here to do you favors. They operate by taking advantage of people, whether those people know it or not. That doesn't make them evil. It's a business. Ask Shloimy Greenwald, and he'll tell you the same thing.
Were not back to BG's yet.

Just to clarify, every attorney and accountant is "taking advantage" of thier clients, since most of what they do can be done by the client. Therefore they are just taking advantage of their uneducated consumer by "preying on their lack of knowledge" who is now getting ripped off. Correct?


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Re: Air Jordan Investment?
« Reply #70 on: November 01, 2020, 06:56:23 AM »
Were not back to BG's yet.

Just to clarify, every attorney and accountant is "taking advantage" of thier clients, since most of what they do can be done by the client. Therefore they are just taking advantage of their uneducated consumer by "preying on their lack of knowledge" who is now getting ripped off. Correct?

1: Taking advantage does not mean ripping someone off.
2: Most things lawyers do, the average person cannot do, at least not properly. When a ticket lawyer signs you up for DD classes and says he worked a deal where you get no points, he's taking advantage of you.
3: BGs do many things average people cannot do. Reselling sneakers isn't one of them.
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Re: Air Jordan Investment?
« Reply #71 on: November 01, 2020, 07:04:14 AM »
1: Taking advantage does not mean ripping someone off.
2: Most things lawyers do, the average person cannot do, at least not properly. When a ticket lawyer signs you up for DD classes and says he worked a deal where you get no points, he's taking advantage of you.
3: BGs do many things average people cannot do. Reselling sneakers isn't one of them.
1) okay. So accountants aren't ripping off their clients, they are just "preying on the uneducated" in order to operate their business and pickup clients.

2) let's talk about accountants. What can't be done by the consumer? (talking consumers. Not business)

3) for example? People use them to make money with very little risk. Anyone can sell iPads on amazon and sneakers on sneakerx.

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Re: Air Jordan Investment?
« Reply #72 on: November 01, 2020, 07:14:16 AM »
1) okay. So accountants aren't ripping off their clients, they are just "preying on the uneducated" in order to operate their business and pickup clients.

2) let's talk about accountants. What can't be done by the consumer? (talking consumers. Not business)

3) for example? People use them to make money with very little risk. Anyone can sell iPads on amazon and sneakers on sneakerx.

The average person cannot file their own taxes correctly. They lack the knowledge (and for many, the ability to acquire the knowledge) to maximize their tax savings. And even if people did have the knowledge, they provide a service. BGs are not a service.

Your opinion is that there is very little risk in participating in BGs. the fact of the matter is, there are many BGs asking people to buy a variety of different things. What you buy, where you buy from, and who you buy for all carry varying degrees of risk. Ultimately, it's your money, your credit, and your relationship with the place of purchase that you are putting on the line.
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Re: Air Jordan Investment?
« Reply #73 on: November 01, 2020, 07:18:56 AM »
The average person cannot file their own taxes correctly. They lack the knowledge (and for many, the ability to acquire the knowledge) to maximize their tax savings.
With that being said, is the accountant taking advantage of his clients?

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Re: Air Jordan Investment?
« Reply #74 on: November 01, 2020, 07:24:12 AM »
Your opinion is that there is very little risk in participating in BGs.
I said much less risk than doing it yourself. You don't need to find a buyer, collect payment, ship the item, deal with customer complaints, put up with returns, etc.

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Re: Air Jordan Investment?
« Reply #75 on: November 01, 2020, 07:26:15 AM »
With that being said, is the accountant taking advantage of his clients?

No. He. Provides. A. Service.
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Re: Air Jordan Investment?
« Reply #76 on: November 01, 2020, 07:27:13 AM »
The average person cannot file their own taxes correctly. They lack the knowledge (and for many, the ability to acquire the knowledge) to maximize their tax savings.
The average person cannot operate their own BG. They lack the knowledge (and for many, the ability to acquire the knowledge). They don't know how to sell/where to sell. They don't want to deal with returns, possible fraudulent transactions, etc etc .
(If they did, they presumably would)

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Re: Air Jordan Investment?
« Reply #77 on: November 01, 2020, 07:28:26 AM »
I said much less risk than doing it yourself. You don't need to find a buyer, collect payment, ship the item, deal with customer complaints, put up with returns, etc.

That's debatable, and depends on what you're buying for who and from where. People who don't get their things scanned in would argue this point. People who dealt with a BG going under before getting paid out would also disagree.
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Re: Air Jordan Investment?
« Reply #78 on: November 01, 2020, 07:28:30 AM »
[/i] BGs are not a service.
Yes they are. They are a service that gives the average joe (uneducated consumer) an opportunity to make money.

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Re: Air Jordan Investment?
« Reply #79 on: November 01, 2020, 07:29:39 AM »
That's debatable, and depends on what you're buying for who and from where. People who don't get their things scanned in would argue this point. People who dealt with a BG going under before getting paid out would also disagree.
Obviously I'm talking about a reliable BG. Some have a horrible reputation, while others have a spectacular reputation.