Friday, July 23, 2021

Price watch (20)


I'm still trawling the after-market, it had become a pass time of sort, owing to the fact that no new stuff are coming into the stores for a while now; especially Gibsons. It's the pandemic affecting this aspect of business. In any case, brand names like DiMarzio & Ibanez, among others, are also experiencing this slow development. Let's take a look at the Les Pauls above - the Tribute model is virtually listing itself not to be sold at that price. Folks, Tributes sit a little below the Studios in terms of price-to-detail tier standings. The 'burst Studio, in my opinion, has a fair asking price. Also, a full fledged Studio, that red one on the right, is listing for less & it comes with a hard case. 

So what can be learnt here? You really need to know what you are selling & what you are competing against, which contribute towards the demand - supply situation. Regardless if your instrument is relatively new or well-maintained, it's all about putting things in context. Yes, these factors do place a little weight on your asking price but it does not invite desirability & an invitation to treat.

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