Posted: Mon Nov 04, 2013 2:15 am
Yup, I'm inclined to believe that most people who sell more than one sprint immediately after getting it, and at a sizeable price jump($50 or more) are trading just to profit.
This is not that simple. There were sprints, which were sitting on dealers shelves for a year and sold on clearance at loss. Nobody can know the magic number in advance. C54 Calypso would be a good example. People were begging Sal for this knife for ages. It was released in the begging of the year and still can be found at the same price. JD Smith and Shabaria would be others. There are more.mainaman wrote:Ultimately Spyderco is the entity that can fix things, just make enough of each run to satisfy the demands and all is good.
Exactly, and the rational that they're not making enough money to justify the effort is total crap, otherwise why would it be happening? I don't really think hanging out on the internet waiting for a buyer and then shipping it in the mail is too much effort for a $50+ profit. Suffice to say with the two knife limit on most of these, and with how hot some of them sell on the secondary market, people are at least buying two and reselling the second one at a huge profit and making back the money they spent on the first one getting it for free. Yeah, we can also blame the buyers for paying that much, but then they're sort of left with no choice too. I can understand when a person just shows up way late to the order and doesn't even fight to get in line for theirs, this happened to me and my 20CP Para 2 and I ended up paying about $40 over street price but I thought that was pretty reasonable. If a person is in line and just misses out, it's pretty crappy that they have to buy from that flipper who's just raping them to make their own profit. Justifying this by saying this is market economics doesn't really make it any better, that just means there are people with this mentality all over the place and that doesn't justify it to me. Like I originally said, it is what it is and it'll never change so I don't let it bother me too much, and I just get in line if I want a knife that bad and I do what I can to make sure I get one for a good price, otherwise I just move on. I would've liked to get the Cruwear Military but I'm a cheap *** and it isn't worth the inflated prices to me (not like the 20CP was).chuck_roxas45 wrote:Yup, I'm inclined to believe that most people who sell more than one sprint immediately after getting it, and at a sizeable price jump($50 or more) are trading just to profit.
I don't hate anyone...Part of me doesn't blame people for making a buck where they can, especially if like we've said if people are willing to pay it then why not? The part that bothers me is the idea that somewhere there's a diehard dedicated collector/user who missed out on his grail and now has to shell out a boat load of money to get what he wants, while that other person couldn't give a rat's *** about the knife and just wants to make money.Blerv wrote:Spyderco could just as easily increase a sprint run from 600 to 1200, or 1200 to 2400.
While this isn't something you can predict like with the Jot sprint, most Para's and Military's should be possible. They could also increase the MSRP which seems to have an effect on the profitability of flipping.
I figured the Forum Knife would be subject to the nightmares of the system. Funny enough they made plenty. Instead of hating those without any morals (), let's just hope Spyderco makes more knives. It's in their best interest to efficiently profit on each run...I'm sure they are doing their best :) .
Oh yeah we definitely have it a lot easier than other countries.akaAK wrote:Interesting point about gas prices Evil. My last car purchase was a relqatively fuel efficeint one, I take public transportation when I can and try to avoid needless or pointless driving. My consumption of the product is the only thing I can control inthat scenario. The price of gas is actually lower than what it should be, if you take into account the actual costs associated with the use of fossil fuels, north american drivers don't pay the full price. Buy gas in europe and then see if you still have an issue with north american gas prices.
I don't agree with the mentality behind flipping, so I don't. That is personal. If I needed to put food on the table I probably wouldn't have as much of a personal issue with it. From an economic or market perspective, this is how it is.
bh49 wrote:This is not that simple. There were sprints, which were sitting on dealers shelves for a year and sold on clearance at loss.
Everyone on these forums always brings this up and every time I always find myself asking "what's the rush, what's the urgency to sell all these knives so quickly?" Are we saying that if a knife doesn't instantly sell out in 2 days then it is deemed a failure? So what if it sits on a dealers shelf or website for 3-6 months, or even a year. Eventually it will sell. I fail to understand this mentality that a given sprint run must sell out instantly, right away.akaAK wrote:I would say more (quantity) knives would be the solution but that exposes spyderco to the risk.
I'm on the threads multiple times every day and have yet to find a retailer with the knife in stock. I have to work for a living and I have no internet access at work except sometimes during lunch. When people post that a dealer has them in stock, it seems to be that the last about 5 minutes. I read about it a few hours later and they are long gone.jalcon wrote:I loosely followed official cruware millie thread and was pretty easily able to score one at $138+ shipping, wasn't too hard.
I don't know how much the flippers are making hourly, but there is enough profit that they do it and they do it very aggressively. Maybe those people don't have full time jobs, maybe they sit at home buying all manner of things to flip- knives, guitars, car parts, whatever.JNewell wrote:There's no way that "flippers" could get enough of these to make it worthwhile. The hourly rate would only be better than actual unemployment.
The flippers have ways around that. I've seen people post ads on other forums selling 4 knives at a time. Someone here has mentioned the ebay seller that has sold 10 or more. I've always been suspicious that the flippers have ways to work the system better than we have. Before any retailer announced that they had the knives in stock, before anybody posted here that they had received shipping notice, the flippers already had the knives up for sale on ebay, and lots of them. I don't want to say that there are employees sneaking the knives out the back door, or retailers selling to their buddies before they release knives for sale to their internet customers, but the reality of how the knives become available certainly would make a person suspicious.JNewell wrote:But the 1x/customer is the solution to "flipping." It just means you have to work twice as hard if you want a spare/backup, but that's do-able.
May be true but the thread was opened by someone wanting feedback/opinions on the matter. You don't think third world countries don't have hobbies with petty issues they fight over? It's all relative and bringing that up doesn't give you any high ground for recognizing it as such.akaAK wrote:First world problems.
That's a good way of going about it, but everyone is different. Whatever works for you. Some people do get ticked off when theyre favorite knife theyve been looking forward to got sold out while they are at work and the next day its magically $300. Yeah, want versus need, but its the fist world right? Free market, FREE to have opinions.akaAK wrote:I could care less what other people do with their money, I have missed out on a number of knives (sprints and dealer exclusives) and never once thought to blame others for it. If I can't get it on release from a reputable dealer or am unwilling to pay an inflated secondary market price that is my issue.
akaAK wrote:"flippers" provide a good market to soak up some of the less popular knives, which allows spyderco to avoid taking a total bath, how come no one complains about that? In those cases the flippers take the bath.
akaAK wrote:It makes people feel better to lay blame rather than look at the reality of the situation.
The eBay seller who had 10 might be a dealer. We know that many dealers sell at prices other than the usual street discount.bdblue wrote:I'm on the threads multiple times every day and have yet to find a retailer with the knife in stock. I have to work for a living and I have no internet access at work except sometimes during lunch. When people post that a dealer has them in stock, it seems to be that the last about 5 minutes. I read about it a few hours later and they are long gone.
I don't know how much the flippers are making hourly, but there is enough profit that they do it and they do it very aggressively. Maybe those people don't have full time jobs, maybe they sit at home buying all manner of things to flip- knives, guitars, car parts, whatever.
The flippers have ways around that. I've seen people post ads on other forums selling 4 knives at a time. Someone here has mentioned the ebay seller that has sold 10 or more. I've always been suspicious that the flippers have ways to work the system better than we have. Before any retailer announced that they had the knives in stock, before anybody posted here that they had received shipping notice, the flippers already had the knives up for sale on ebay, and lots of them. I don't want to say that there are employees sneaking the knives out the back door, or retailers selling to their buddies before they release knives for sale to their internet customers, but the reality of how the knives become available certainly would make a person suspicious.
The way the cru-wear militaries are trickling out a few at a time, the flippers have better than average odds of scooping up all of them. They can sit there and wait and grab the few that become available before the average buyer even knows that they are available. If they were all released for sale at the same time at least the average buyers could get a few of them. As it is the number of people that have posted here that they got their knives is a lot less than the numbers that the ebay sellers have sold.
I'm still looking for one, haven't found one yet, so I'm carrying my GB today.
I checked into the other sprints that were mentioned as staying in stock- Calypso, Smith and Shabaria. I found the Calypso but it is just a standard Japanese model with VG10 and it's a lockback knife. It could never have the popularity of a Para2 or Military, plus it was priced as high as the cruwear military. I could not find any information on the Smith. The Shabaria is another Japanese model, and a very odd style. It is just not my taste so I would not buy one no matter what the blade steel. I would not be good at predicting popularity of sprints except that it is pretty obvious you can sell as many Para2 or Military sprints as you can make.
Alright, I know you are supporting your positions on the matter but a JD Smith sprint as an example? Even flippers reading this right now must be laughing at that. I know one thing, you'd probably make for a not so good flipper hehe. We're talking about PM2's, Millies, SB's, CF's, etc. Not Jot Singh Khalsas and Goddards. There is nothing wrong with those knives sitting for awhile. Why is that so bad? I bet there's a bunch of Dominos sitting on shelves right now PURCHASED by dealers, so what it will sell. Have any idea what will happen when the fluted PM2's come out? Yeah those will sit on the shelf alright :rolleyes: and that's what we are talking about here.akaAK wrote:Please don't take this as me understanding the inner workings of this business. My thoughts only.
If sprint knives sit on shelves a couple of things could happen. Money tied up in these sprints (dealers and spyderco) can't be used to fund new production or innovation. If spyderco can't move the knives they may restrict how many sprints they put out.
The issue is knives like the JD Smith sprint which is still available. How long can a dealer sit on these before they start adjusting their orders of sprints? I imagine the margins on knives are not has wide as we think when you take into account dealers costs.
I shared this on the first page, but people here keep rambling about what ifs and ignored my blocks of text lol. Read it.sal wrote:We're not thrilled with the 2ndary market scalping. Not our style. Raising prices to cull demand is also not our style. I think coming up with the right number to make would be the best solution. We are, after all, trying to serve our customers. We'll keep increasing production on those sprints that we think could be a problem.
I do appreciate all of the kind comments, thanx much. In time, we should, with your help, be able to sort it.
sal
May be true but the thread was opened by someone wanting feedback/opinions on the matter. You don't think third world countries don't have hobbies with petty issues they fight over? It's all relative and bringing that up doesn't give you any high ground for recognizing it as such.akaAK wrote:First world problems.
That's a good way of going about it, but everyone is different. Whatever works for you. Some people do get ticked off when theyre favorite knife theyve been looking forward to got sold out while they are at work and the next day its magically $300. Yeah, want versus need, but its the fist world right? Free market, FREE to have opinions.akaAK wrote:I could care less what other people do with their money, I have missed out on a number of knives (sprints and dealer exclusives) and never once thought to blame others for it. If I can't get it on release from a reputable dealer or am unwilling to pay an inflated secondary market price that is my issue.
akaAK wrote:"flippers" provide a good market to soak up some of the less popular knives, which allows spyderco to avoid taking a total bath, how come no one complains about that? In those cases the flippers take the bath.
akaAK wrote:It makes people feel better to lay blame rather than look at the reality of the situation.
Roman, don't tell me there was a ZDP version of the Full size Calypso. Please tell me you mean the Caly Jr.bh49 wrote:I remember well how it was in 2006 with ZDP Calypso and than Delica.