Author Topic: PSA: Don't swipe recklessly for others  (Read 303401 times)

Offline davidrotts63

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Re: PSA: Don't swipe recklessly for others
« Reply #1395 on: October 24, 2018, 10:10:02 AM »
I've had nothing but positive experience with MYS - same as with all groups. But I want to keep it that way and be cautious. I can't be buying things without a guarantee they'll be taken. What I don't understand is why they can't use the USA method of guaranteeing each purchase while at the same time, cancel buying after a certain point and requiring proof of purchase if necessary. That system seems perfect and doesn't cause buyers like me to get turned off from ambiguous rules. What is wrong with that system @Markmann20 ?
Because if the item devalues and you originally bought it for say USA why should they take it?
(Quit) pulling out the flowers, and watering the weeds. -Peter Lynch

Offline Redbull3

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Re: PSA: Don't swipe recklessly for others
« Reply #1396 on: October 24, 2018, 10:13:46 AM »
Because if the item devalues and you originally bought it for say USA why should they take it?
Because they want it at that price.

Offline a good yeshiva bachur

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Re: PSA: Don't swipe recklessly for others
« Reply #1397 on: October 24, 2018, 10:15:12 AM »
Because they wanted it at that price.
FTFY
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Offline davidrotts63

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Re: PSA: Don't swipe recklessly for others
« Reply #1398 on: October 24, 2018, 10:15:15 AM »
Because they want it at that price.
key words: item devalues.
(Quit) pulling out the flowers, and watering the weeds. -Peter Lynch

Offline Redbull3

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Re: PSA: Don't swipe recklessly for others
« Reply #1399 on: October 24, 2018, 10:16:13 AM »
key words: item devalues.
USA's system allows them to only buy profitable items. They broadcast when it falls and anything bought after that point isn't honored, everything before that point is, no matter who you are.

Offline davidrotts63

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Re: PSA: Don't swipe recklessly for others
« Reply #1400 on: October 24, 2018, 10:19:42 AM »
USA's system allows them to only buy profitable items. They broadcast when it falls and anything bought after that point isn't honored, everything before that point is, no matter who you are.
And they are occasionally losing money on a deal (when they dont make you price match).
MYS who doesnt have this price match policy is prone to having people dump items after they devalue since hes still paying the original price. Which leads to a loss on items that they never guaranteed in the first place, as these items were intended for another group at the time that they were thought to be profitable.
(Quit) pulling out the flowers, and watering the weeds. -Peter Lynch

Offline tzifanya54

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Re: PSA: Don't swipe recklessly for others
« Reply #1401 on: October 24, 2018, 10:20:46 AM »
USA's system allows them to only buy profitable items. They broadcast when it falls and anything bought after that point isn't honored, everything before that point is, no matter who you are.
It allows them to only request profitable items going forward issue is people already ordered it and are waiting for it to come. On those items they cant be protected.

ETA: I have firsthand knowledge of the kind of profits these groups generate for themselves. That being said they definitely should take the loss in the above scenario its part of the game.

Offline Redbull3

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Re: PSA: Don't swipe recklessly for others
« Reply #1402 on: October 24, 2018, 10:24:33 AM »
It allows them to only request profitable items going forward issue is people already ordered it and are waiting for it to come. On those items they cant be protected.
So then they can try to predict the market and broadcast the stop earlier. Or maybe broadcast a drop off deadline on products, at time of initial listing. Or don't even buy things that have such a tight turnaround for them to flip before the value goes down. Or don't do these things and manage to a lesser degree but chalk up falling values to cost of doing this kind of business. Anything but make it the buyer's problem!

Offline davidrotts63

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Re: PSA: Don't swipe recklessly for others
« Reply #1403 on: October 24, 2018, 10:27:20 AM »
So then they can try to predict the market and broadcast the stop earlier. Or maybe broadcast a drop off deadline on products, at time of initial listing. Or don't even buy things that have such a tight turnaround for them to flip before the value goes down. Or don't do these things and manage to a lesser degree but chalk up falling values to cost of doing this kind of business. Anything but make it the buyer's problem!
No one made it the buyers problem.
It's the guy who's dumping products on them for more then the value.
(Quit) pulling out the flowers, and watering the weeds. -Peter Lynch

Offline tzifanya54

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Re: PSA: Don't swipe recklessly for others
« Reply #1404 on: October 24, 2018, 10:29:35 AM »
So then they can try to predict the market and broadcast the stop earlier. Or maybe broadcast a drop off deadline on products, at time of initial listing. Or don't even buy things that have such a tight turnaround for them to flip before the value goes down. Or don't do these things and manage to a lesser degree but chalk up falling values to cost of doing this kind of business. Anything but make it the buyer's problem!
Couldn't agree more. I was just pointing out that they are not guaranteed not to take a loss. I feel like this would be similar to my local grocery saying well I had to throw out 10 lbs of potatoes that got rotten because nobody brought them so now everybody is gotta pay an extra dollar on their bill this week to cover my bottom line. (The right way would be to factor that potential loss into the cost of groceries, buying groups need to do the same).

Offline Redbull3

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Re: PSA: Don't swipe recklessly for others
« Reply #1405 on: October 24, 2018, 10:41:22 AM »
Couldn't agree more. I was just pointing out that they are not guaranteed not to take a loss. I feel like this would be similar to my local grocery saying well I had to throw out 10 lbs of potatoes that got rotten because nobody brought them so now everybody is gotta pay an extra dollar on their bill this week to cover my bottom line. (The right way would be to factor that potential loss into the cost of groceries, buying groups need to do the same).
Right I got you, it is possible for USA to still incur losses with their method.

Offline lubaby

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Re: PSA: Don't swipe recklessly for others
« Reply #1406 on: October 24, 2018, 11:07:13 AM »
The problem both sides are having is the lack of transparency and communication. I haven't bought anything for USA or MYS, so not really familiar with their protocols or procedures (maybe some of it is already in place, and if so, maybe needs updating / tweaking to be viable).

Back when ExcellPurchase was running, part of the instructions / terms of their deals were:
Quote
4)  Right after making the order put the order number into the portal

5) Once your order ships, add the tracking number to the portal.
This helped them monitor what the projected sales / commitment volume is, and know who their loyal customers were.

There's no reason why other groups don't make you do this (if can't add right away, at least within 6-12/24 hours (or another reasonable amount) thereby proving commitment (both ways) and loyalty ahead of time.

From the group side, obviously taking into account that some estimated orders might be cancelled (and if they are, buyer should update the order status to cancelled, and include reason (dropdown with reasons like: store cancelled order, decided to keep item for personal use, gave item to another buying group, other).
Once the game is over, the king and the pawn go back in the same box.

Offline 12HRS

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Re: PSA: Don't swipe recklessly for others
« Reply #1407 on: October 24, 2018, 11:10:52 AM »
Ive done millions between the two groups and the time commitment of updating a form for them would make me back out.

Offline Markmann20

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Re: PSA: Don't swipe recklessly for others
« Reply #1408 on: October 24, 2018, 11:17:46 AM »
I've had nothing but positive experience with MYS - same as with all groups. But I want to keep it that way and be cautious. I can't be buying things without a guarantee they'll be taken. What I don't understand is why they can't use the USA method of guaranteeing each purchase while at the same time, cancel buying after a certain point and requiring proof of purchase if necessary. That system seems perfect and doesn't cause buyers like me to get turned off from ambiguous rules. What is wrong with that system @Markmann20 ?


i'd like to clarify something very simple here. When we sent out the message about the ps4 it was unclear as to who what when and were. Anyone who reached out to us as we wrote and that can prove was bought before was taken off the list was accepted happily. But there have many times when the group that everyone keeps mentioning has literally turned away almost all there buyers cause they just didn't want to take the hit cause the market dropped like crazy which caused a increase in pick up and drop off off by us after there message was sent. There were those Buyers were just brining that item and not other items from the list. And if someone comes with just the item that went bad you can very simply see anyone with a head on ddf can agree that either (A) he's looking to dump or (B) he mamish only bought that item and is small time buyer who just does for the spends. Its very simple. and easy to tell.

We will be more clearer on when deals are off the list so you know when the 10 day terms start. One of the reasons for these new terms is cause people were just waiting till last minute or brining very late. as long as item is dropped off in the 10 days a buyer really has nothing to worry about

Ill leave off with this Boruch Hashem there are people who are not happy with MYS success and are still trying to bash the name on here and with out bad PR many successful companies would not be around today "Bad PR is good PR" . I wish those people much success in life. If there are any other concerns about the new policy please feel free to let us know, as well id be happy to clear up any mis understandings
« Last Edit: October 24, 2018, 11:22:45 AM by Markmann20 »
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Offline Markmann20

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Re: PSA: Don't swipe recklessly for others
« Reply #1409 on: October 24, 2018, 11:20:08 AM »
The problem both sides are having is the lack of transparency and communication. I haven't bought anything for USA or MYS, so not really familiar with their protocols or procedures (maybe some of it is already in place, and if so, maybe needs updating / tweaking to be viable).

Back when ExcellPurchase was running, part of the instructions / terms of their deals were:This helped them monitor what the projected sales / commitment volume is, and know who their loyal customers were.

There's no reason why other groups don't make you do this (if can't add right away, at least within 6-12/24 hours (or another reasonable amount) thereby proving commitment (both ways) and loyalty ahead of time.

From the group side, obviously taking into account that some estimated orders might be cancelled (and if they are, buyer should update the order status to cancelled, and include reason (dropdown with reasons like: store cancelled order, decided to keep item for personal use, gave item to another buying group, other).


We would love to do this and I know other groups would to. But we believe it would discourage buyers to buy as buyers are looking for the simplest easiest less hassle group around. hence why there is no more uploading tracking for delaware
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