(02-28-2017, 09:05 PM)Doc47 Wrote: Ethical used as an adjective:
1. Pertaining to or dealing with morals or the principles of morality; pertaining to right and wrong in conduct.
2. Being in accordance with the rules or standards for right conduct or practice.
Price gouging is not an ethical behavior. Living in a free market society does not give one cart blanc to price gouge, at any level. We have laws to prevent price gouging, and where laws don’t exist, public outcry is witnessed as seen with the Epi Pen money grab.
Just because you can charge twice the price for an item doesn’t mean it is right or ethical to do so. It just means you are greedy.
How is it price gouging? Besides the fact that you don't want to pay that much, what other actual reason do you have to call it unethical to make a profit on a premium product this individual purchased?
You are specifically applying the word "ethics" to a business practice. Ethically speaking, the person in the ebay link you shared is doing NOTHING illegal, NOTHING unethical, and NOTHING immoral. You just don't like it.
Price gouging would be charging an arm and a leg for clean water, or charging 300times the market value on a medical procedure or raising the cost of a life-saving prescription drug 900% overnight. These are price gouges, because they are enacted upon goods and services that are necessities, not options. People do not have a choice in whether they drink clean water or need to take a medication in order to continue breathing.
Buying a brush for $300, and turning around and selling it for $400 is not "price gouging", it's profiting. It's a markup. A 100% markup is retail standard. A 200% markup is retail optimum.
It works like this:
You don't want to wait for your turn on the waiting list to spend $300 on a Paladin brush, so you don't. you lose out on the opportunity to get said brush at retail price from the manufacturer.
Wet Shaving Genius A waits on every waiting list that comes out. How? By spending his own precious time observing and watching the manufacturer in an effort to jump on the list at the moment it opens. He then spends his own hard earned money to pay the really high asking price for a premium, limited brush.
When that brush arrives, Wet Shaving Genius A spends more of his own money to open an Ebay shop, where he sets his asking price for this exceedingly rare and difficult to obtain piece of premium gear.
2 things strike me in the above scenario:
1--you don't want to waste your time getting on a long waiting list to sit around and wait 6 months to a year to receive your brush after paying for it.
2--you don't want to pay the asking price for someone that DID sit around on a waiting list for however long after making payment for a brush.
How is it even remotely unethical to charge whatever he wants for the brush he followed the rules to get?
I really wish I had the same sense of entitlement that makes some of you guys think a complete and perfect stranger OWES you a great deal on a piece of gear that THEY HAVE and YOU WANT. How freaking confident in your own self importance and entitlement must you be to think it is flat out "unethical" for a businessman to actually make a profit on their efforts and investments?
What is REALLY "unethical" is running around accusing businesses of unethical behavior when they have followed every rule in existence to obtain a piece of premium gear, and try to sell it at a profit.
Bear in mind we aren't talking about a guy selling on a BST forum. This is frickin' EBAY. The ORIGINAL high-price resale venue.
It is absolutely ludicrous to think that anybody selling anything on ebay owes YOU some sort of price leverage. Absolutely ridiculous.
The only thing that would be "unethical" in the original ebay link would be if the seller stole that brush from someone else to sell it. And I don;t mean "stole" as in got it at a discount specifically to flip it, I mean took it from the owner without the owner's knowledge. Clearly that is not the casse here.
People are just whining because they aren't being given a super deal on a rare piece of premium gear. Unbelievable...