Comments on: Tips For Buying And Selling At Digital Point

By: transportadora

transportadora — Thu, 12 Mar 2009 18:44:48 +0000

Taking care of your steps into the Digital Point, it´s a good place to make good deals. Good Article, see you in Digital Point.

By: sunglasses

sunglasses — Tue, 10 Feb 2009 04:34:40 +0000

Digital Point needs to clean up its backyard. While it is true that you only have yourself to be blamed when you are being scammed, it is also true that we have this instinct to put trust to someone who tries to be sincere. Some people are faking their itraders and reputation. I know one who has few posts and yet his reputation skyrockets in a matter of days.

By: Link

Link — Sat, 16 Feb 2008 16:06:59 +0000

First, thanks for taking the time and effort to contribute the longest comment in this blog's history. I appreciate it. I think my current auction at SitePoint is a perfect example of the difference between that marketplace and Digital Point. And it probably backs up your theory that sites, at DP at least, can be vastly undervalued on a forum. Within ten minutes of listing at SitePoint I had $XXX bids rolling in. I also posted the site for sale at DP and in the time it takes you to take a deep breath it was falling off the first page. What was replacing it? Sites that stream bootleg copies of anime and TV shows and sites marketing Clickbank products. No one has yet to reply to my thread at DP but the bids at SitePoint keep on coming. So... I think you're partly right that forums push prices down but I think it has a lot to do with the particular forum you choose to sell on. Link's last blog post..Web Auctions Daily Is For Sale

By: Andrew

Andrew — Sat, 16 Feb 2008 01:50:39 +0000

I dunno… Selling via forums seems to push prices down. I’ll use a traditional economics example as to why I think the system isn’t great.

Consider the used car market. There are some cars for sale which just aren’t worth it. They break, they probably barely even run after you’ve bought them. Say these cars are really worth $2,000 each, but the people selling them are asking for $5,000.

Now there are some people who are selling decent used cars. They might be worth $5,000, and the asking price for them might also be $5,000.

Lets say that 50% of used cars are duds and 50% are worth the asking price. If you have no (or very little) way to fathom which is a dud or which is a good car (each car salesman is going to try and convince you that the one they’re selling is exceptional) then what do you pay? Well you’re not going to want to pay $5,000, because 50% of the time you might get a car only worth $2,000. The most you’re logically going to want to pay is $3,500.

Now no one wants to sell a decent, working used car for that amount, so the only cars you find out there for $3,500 are again not worth it – they’re duds. Price goes lower. It’s circular.

Sorry for the long comment, but I think that’s why marketplaces like Digital Point (and perhaps SitePoint too) undervalue good websites. People are not willing to take a chance without any ‘guarantees’ (coincidentally how the used car market gets around these downward price pressures). If there is some way to reassure people about the sale – partly perhaps the reviews for each seller – or any post-sale support, then the price should be higher and more reasonable. People selling bad templates or shoddy get-rich-quick books theoretically can’t afford to offer real guarantees like this.

Andrew’s last blog post..Giving RocketProfit a go

By: Social Networking Declining - Bloggers Yapping

Social Networking Declining - Bloggers Yapping — Thu, 14 Feb 2008 06:58:01 +0000

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