Here is My 2 cents. I havent' read through every thing yet but........
Flipping is part of the business. And of Business In RL and SL. Not in all business but Most. I'm an RL Business woman and yes i do Flip products. now 95% to 98% of my products are either handmade or handmade from materials that others make or they are products that I added or strengthened in some way or form.
The other 2% - 5% of products that I sale I have done nothing to. But that I buy at wholesale or low sale prices and or in bulk or ect. But I have them there for My customers. For the reasons of: One Stop shopping sort of, the product is in the area of my product line, I can't handmake that Item but my customers are looking for it, or the item is always carried at a retailer in my line of business.
If the item retails for $20 - $25 at all other stores but i get it for $2 [because I purchased it in Bulk or because i purchased it in another Time Zone that can take a month or months to get but My customer can now get it in say 2 to 5 days depending on their shipping choice. Convenience cost. (think 7-11 or Starbucks vs Brewing at home)
I'm not going to sale a $20 - $25 for $2. I am trying to make money here. I do have bills to pay and children to feed and take care of. But at the same way I'm not going to resale it for less than the $20 [Unless I need Money faster] I'm not going to start crashing the market on that product.
But also i'm not "Not" Going to buy a product because it is too cheap either.
Why wouldn't you purchase a kitty to flip it because it is to low? Shoot that person selling it for too low might really need the L$ to pay tier, oh feed their other kitties or wants to buy a gift for someone and they need the L$ What am I going to say no i not buying your kitty it too low so now you can't feed your kitties, buy that gift or pay your rent on your shop or home. Now if they sold it for the price it should be at maybe I can't afford it. Say they selling a $5,000 kitty for $1,000 but I only have $2,500. and I got bills to. So i'm going to buy that kitty for $1,000. They now have some L$ and I might even send them some more in private if i can depending on bills i have. Now here is something to look at.
Now I might have bought the kitty for my self. But now due to bills or helping others out or what ever the reason i can't afford to keep the kitty. [I have had this happen] Or I buy the kitty for someone else thinking they needed it [but they already got what they wanted or no longer needed it] had this happen before. I bought the kitty and i foudn something better or closer to what i'm wanting to do. I'm not going to make sure i hold that cat collecting dust with my investment into it. nor am I going to sale the kitty at $1,000 what I paid for it. HERE IS WHY!!!! #1 The Kitty is worth L$5k, i'm not goign to bring everyone else prices down worked hard on their kitties. Totally seen this happen. Where I worked hard on a kitty But someone else needed money and sold the kitty for cheap, or someone gave a great deal to a friend and sold it for less and then when someone makes me an offer of way lower because they saw it else where in many places for less. Seriously
#2 It might not sale right away. In the mean time i'm paying rent and taken my time and or funds to advertize.
#3 there is recouping the loss on other Kitties and boxes I loss out on. It is a chance to still pay some bills that i wouldn't' be able to do so with the current kitties that might or might not sale.
*Timing is one thing. Sitting in an Auction to purchase a Kitty takes time. Advertizing that kitty takes time.
* Renting a stall cost L$
*Worrying maybe that those that would have bought the kitty for $5k if it was up for sale after their pay day saw the kitty sale for $1k and now think they must get the kitty for $1k but dont' know in the time that has passed by I have had to pay out ore tier and advertizing or ect. [i hope this makes since] Even if I try to recoup just the funds paid out? and my time.
And where do you even draw the line. some would think if you buy a set at a low price from a very good line or any line from a good breeder or even any price and then getting your boy and girl for further breeding and then saling off all the others but you didn't breed the line. you should sale an offspring for the going rate of L$5k if you only paid L$2.5 for each Mom and Dad. Some may call it flipping but I don't and i'm not going to devalue someone elses kitties still out on the market saling for K$5 because I paid way less for them.
NOW HERE is where Flipping I think is TOTALLY WRONG WRONG WRONG!
The Ultimate wrong is when Say a newbie or someone without knowledge is TOLD something is only worth say $1K when they know DARN WELL it is worth $5k or more so that they can buy it or have someone else go buy it for the $1k just to flip it for $5k or more. That is Totally Messed up. [I have had this sort of happen to me when i was new and i have seen it happen to others and also STOPPED it from happening to others] Naughty Naughty and Shame on them.
The other no good flipping is Gifts!!! Like say you give a Kitty to someone down on their luck or needs some chearing up or give a kitty to someone that says they can't afford a kitty or even a certain kitty that they would
LOVE
to have. And that person turns around and FLIPS it for a HUGE PROFIT! or any profit [seen this happen ofcoarse] And I have seen the other person wrap it up in a pretty box just for the other person to have the kitty in thier shop within a few hours. Totally wrong. But say if they want to resale the kitty a few months later. I see nothing wrong with it. I'd rather see someone sale a nice gift to feed thier kitties if they can then have 20 kitties get sick.
And I have also seen where in a few weeks or maybe it was days a person lets the gift giver know they are in need of cash and woudl like to sale the kitty. Too me this is fine. I have seen this a few times. Even where the gift giver bought the kitty that they gave from the person they gave it to. It was a win win. They helped each other out.
Shoot I have even had my kitties bought and flipped. Was I upset? Nope. A bit jealous? Not going to lye yes. hahahaha but good for them. I needed the L$ then not after everyones paydays came around. I wanted it then and paid up some bills and went shopping and found some good deals on sale that would not have been after everyone got their pay day. lol!
If one doesn't want to have a kitty flipped then there are a few things they can do. Sale the Kitty privately at a lower price to someone that doesn't want to flip the kitty and wants it for breeding. But there is still no guarantee
Or let it be known you are selling at a certain price to give others a chance at something nicer at a cheaper price.But there is still no guarantee
On put the kitty up for sale to people you know are not going to flip it. But there is still no guarantee
Flipping is part of business not just in SL but in RL as well.
AND one last note for thought They May NOT BE FLIPPING the kitty?!?
It might be an advertising move.
Here is 2 for ya:
I have a
La Girafe!
I didn't breed it I earned it. It cost me K$15,000 but it is priced at L$77,777 (I like the #7 ) If you do the math of buying the kitties [some of them high high priced kitties, that i never made my money back from] feeding all the kitties and the other cost of vits tier happy snacks and time just to get enough kitties to get the K$'s to get the La Girafe I'm under pricing it and then if you add in the pay on the time it took to sort through and then turn in those kitties????? Man oh man i'm under pricing My
La Girafe. Man it was alot of work to get that beloved La Girafe LOLOL! Some will totlaly know what i'm talking about and others won't. Trust me it was alot of work in so many ways.
No i'm not trying to sale the kitty. It is there to maybe bring people to my spot and they might buy another kitty. It is there to be a convo piece about this CRAZY woman thinks she going to get that price for it?!?!?!?!?!?!?!?! LOL! and they might go i dont' beleive you lets go see it. and they might buy one of my other kitties or a kitty of one of my neighbors. I Love helping others
But Also it VERY PRETTY to LOOK at
And Next I have Bought certain Kitties for charity events or on the low to help others out or what ever the reason and yes I put them in the some for a crazy amount for the same advertising reasons as above. But now one going to pay $15k for a $10k kitty that i paid what ever i paid for it.
Some kitties people set for the clsoe price of what they are going for for them either to not sale while they think what they are going to do with the kitty but wouldn't mind if it did sale or changed their mine or whatever.
But if any of these sale for a crazy amount so be it.
In My book Flipping is part of the deal. except if you are scamming someone to do so. Or being a ugly mean greedy ungrateful gift taker person. or lying to get a gift to flip person.
Happy Breeding to All
Cat Flipping
