For those posting wine for sale w/o listing a price...

Commerce Corner - Wine Classifieds
1

Where you just say “I have this wine, pm me if you want to buy it”, you might want to look at this thread in the Wine Talk section.

By not listing a price where you’re willing to sell, you’re losing a significant portion of your potential buying audience. If you want to attract the attention of the maximum number of potential buyers, seems you should list a price where you’re a seller.

“If you want to sell a pig, you have to put a price on the pig”

2

Or to put it another way, pricing it is the only way to make your pig kosher.

3

Personally, I’m good with all variations of pig. And just typing this makes me hungry! BACON!!!

4

Will PM for bacon.

5

How much for the bacon? You can’t just post that without a price!

6

Kim proved you all wrong :stuck_out_tongue: :stuck_out_tongue:

7

i call bs on this because the people that actually post on pricing, etc., are never the people that actually buy.

if someone is interested in the wine, they’ll pm/email you.

everyone else is just bitching and window shopping.

8

Disagree. I’m not the most prolific buyer, but have made at least 3 purchase transactions thru Commerce Corner. And for me, if you aren’t listing a price I don’t have the time or interest to bother.

9

Yaacov is just ‘trolling’ you.

It seems so obvious, as I’m in this kind of a business, getting people interested in something I have for sale. If I don’t make it amazingly clear for the potential buyer, he’s distracted with the thousand other things he can do or buy today. I lose most of my audience if I don’t make everything clear and easy. With CC, if the seller doesn’t say a price and a quantity, they’re asking for the buyer to do extra work. By definition if a buyer has to do extra work, you’re going to lose a little/some/most of your buying audience. Any loss of audience is silly as acquiring buying interest is hard to do and (normally) expensive!

10

And Charlie, while I know you’re just having fun, I don’t think this is correct. I only asked Kim about the bottles after she ‘showed’ a price. And while she sold the wine, who knows if she got best price? Maybe if she showed price earlier, she’d have had a bidding war and could have received more?
There’s a bunch of work about auction theory, says that if you have a critical mass audience, the best way to get best price is to start with a tiny price, say offer for sale at $1. The bidding process gets people excited and they pay too much. But if you start at too high a price, or no price at all, the ‘Fire’ never starts. Works at WineCommune a lot, I’m surprised at the price that some of that stuff goes for, when it starts at $1.

11

I listed 2 wines without a price and both sold. neener I listed two wines with a price and they did not. [wow.gif]

Probably the wines - but - in my opinion folks bitching should get over it. It’s the seller’s call and potential buyers can engage in negotiating a price or not.

When I list with a price it’s pretty firm. When I don’t, it usually means I’m open to negotiating - and often if I happen to know the buyer (and am happy to see a wine go to them) will be more generous than a fixed price might suggest.

12

The Giacosa sold and you gave a price for that.

13

Not ‘bitching’. Just making what is basically a mathematical statement. Sellers get access to a bigger universe of buyers if they list price. Seems like what a seller wants?

14

I listed a wine with a price, got a message from one of the people complaining about the flakes with no prices confirming that he wanted the bottle…still waiting for my check MONTHS later. Everyone complains about something. This is not the most efficient market, but the people complaining (not Peter, who is pointing out a market inefficiency/deficiency) need to be quiet.

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Peter - I understand your mathematical point. But, I still think its the seller’s prerogative!

16

Kim,
It’s absolutely the sellers prerogative. I’m just not sure why, if the seller’s goal is to sell the wine, that they wouldn’t want to be seen by the maximum number of potential buyers?
You can sell your house within the circle of your friends, or you can hire a real estate agent with huge national and international connections, widen out massively the pool of potential buyers, and get a better (probabilistically) price.
Same here, and the amazing thing is there’s no charge, here, for the wider circle of possible buyers. All a seller has to do is slightly modify their behavior to get that wider set of buyers.

17

not trolling. quite serious. in fact, i’ll go ahead and argue that with certain wines - mostly the ones that interest me, burgs, champs, rhonez - that not giving a price might get MORE traffic.

peter - you’re right that if you list exact quantity and price, then it’s a more transparent market, but that works at scale. here, peeps are just selling a few bottles and they only need one buyer. with respect to certain wines, the clearing price isn’t necessarily easy to figure out. again, you only need one sucker…er, buyer. maybe someone is willing to pay a premium above perceived value for a certain seller, location, etc. further, posting a price sets the level from which you’re willing to negotiate - that’s proprietary trading info!!

but i stand by my original comment. if you’re really interested in the wine, you’ll PM the seller because (in the words of our fallen hero, victor hong) you care.

sante,

tron

18

I hope he didn’t fall from his roof garden terrace. [shock.gif]

19

I don’t get the gripe really either, if its a rare wine that is unobtainable anywhere and the seller doesn’t list the price you wouldn’t inquire just to find out if it’s ballpark reasonable? How long does a pm take? 30 seconds.
I get the frustration for wines which may be of mild interest or wines for which one might buy if you could “steal” them. But you already know your not going to be getting the deal of the century by he nature of the post. So in a way I think the seller is just phishing for a have to have it buyer and if you don’t reply, your obviously not on the line.
Another scenario where I don’t blame some people is when they are listing wines from sensitive mailing lists. A little discretion might go a long way if they wish to remain on some of these lists.

20

I’m sure he’s unharmed if he did; he probably just floated to the ground like the feather.