Heads Up; More M390 from DLT

SpySmasher said:
I doubt that's true. I think the people who jumped at the prospect to flip these knives would jump at any similar opportunity and would certainly never sell "at a loss."
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There aren't many of these opportunities. To be sufficiently plugged into the knife scene to be aware of this release, you're probably a knife enthusiast. As a knife enthusiast, you probably buy and sell a lot and that means losing money.
Or maybe you follow the knife scene closely but you're very careful about what you buy so that you can always resell at a profit. That means that you invest a lot of your time and sell a small number of knives a year at a profit. OK.
Even being a legitimate dealer like DLT has got to be very difficult with all the internet competition.
I'm not criticizing DLT at all. Nor am I criticizing the resellers. I don't think there's a problem. I have a "free market" perspective.
 
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I'm not an expert on anything, just submitting my opinion for your amusement, consideration, or ridicule.

I think the theory that manufacturer's, distributer's and retailer's pricing is significantly influenced by the secondary market (which expands far beyond the influence of these forums) seems contrived. Equally unfounded, is the expectation that the pricing set those entities should somehow be shaped to control the behavior of the secondary market.

Many of us seem to have a visceral disgust for the deliberate "scalping" of the profitability of these items but the behavior of the scalpers is inspired by the feeding frenzy we ourselves cause. We are the ones who relish being the first to say "I'll take it". The premium we pay is influenced more by our "need" to obtain something which, if we're honest with ourselves, is due our own weakness. Don't "need" an item and you won't get "scalped".
 
AF said:
To be sufficiently plugged into the knife scene to be aware of this release, you're probably a knife enthusiast.
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I didn't dispute that.

AF said:
As a knife enthusiast, you probably buy and sell a lot and that means losing money.
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This is what I dispute.

I think that there are plenty of people on this forum who view other forumites as friends and neighbors and don't see their knife collections as investments. When they resell a knife it's in order to pass on a knife they really prefer would have "a better home" with someone who might make use of it. They try to sell at a "fair" price unburdened by thoughts about the "market." These people lose plenty of money when compared to the "market" value but really not all that much compared to what they spent.

Then there are the people, also enthusiasts, who view their collections as investments. They buy multiple copies of knives they never intend to use. They never sell at a loss and are always concerned with the "market" value of the knives they resell. They make money.

The type of person selling these knives the day after they arrive in the mail for $50-$100 more than they paid are the latter.

We'll have to agree to disagree about whether this is a disagreeable practice. :)
 
Commerce is a contest. This contest is the engine that drives capitalism. The incentive to enter the market is to be a winner at the expense of the loser. The winner "capitalizes" on the vulnerabilities of the loser by exploiting their emotional need to obtain a thing.
 
SpySmasher said:
Then there are the people, also enthusiasts, who view their collections as investments. They buy multiple copies of knives they never intend to use. They never sell at a loss and are always concerned with the "market" value of the knives they resell. They make money.

The type of person selling these knives the day after they arrive in the mail for $50-$100 more than they paid are the latter.

We'll have to agree to disagree about whether this is a disagreeable practice. :)
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I guess what I'm saying is I don't think there are that many people that fall into that category. I agree that this type of knife enthusiast isn't one that I want to hang out with personally. :)
I buy what I like firstly. What I've learned is that if you buy and sell a fair amount and you're not careful about what you pay, you will often take a big hit upon reselling. So these days I try to buy what I like at a good price.
I bought one of the DLT PM2. When I sell the knife - whether it's in a week or 30 years - I will sell it for the market price.
 
If DLT hadn't priced the PM2 so aggressively I never would have bought one in the first place so I'm a big fan of their policy to price fairly and the secondary market be damned. Given the more than competitive pricing and shipping on my recent purchases with them they've quickly vaulted to the front of the line of online knife stores when I'm planning to buy. Once the knife is in your hands you're free to do whatever you want with it but hopefully there's a balance between those looking for a quick score and those looking to sell or trade at a rate that's reasonable for both parties. I do enough wheeling and dealing that tends to break in my favor in my workaday life that I prefer not to do it with my hobbies but to each their own.
 
SpySmasher said:
I didn't dispute that.

This is what I dispute.

I think that there are plenty of people on this forum who view other forumites as friends and neighbors and don't see their knife collections as investments. When they resell a knife it's in order to pass on a knife they really prefer would have "a better home" with someone who might make use of it. They try to sell at a "fair" price unburdened by thoughts about the "market." These people lose plenty of money when compared to the "market" value but really not all that much compared to what they spent.

Then there are the people, also enthusiasts, who view their collections as investments. They buy multiple copies of knives they never intend to use. They never sell at a loss and are always concerned with the "market" value of the knives they resell. They make money.

The type of person selling these knives the day after they arrive in the mail for $50-$100 more than they paid are the latter.

We'll have to agree to disagree about whether this is a disagreeable practice. :)
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I agree with this. My bank statement can easily confirm this pattern in my life. :D
 
SpySmasher said:
I didn't dispute that.

This is what I dispute.

I think that there are plenty of people on this forum who view other forumites as friends and neighbors and don't see their knife collections as investments. When they resell a knife it's in order to pass on a knife they really prefer would have "a better home" with someone who might make use of it. They try to sell at a "fair" price unburdened by thoughts about the "market." These people lose plenty of money when compared to the "market" value but really not all that much compared to what they spent.

Then there are the people, also enthusiasts, who view their collections as investments. They buy multiple copies of knives they never intend to use. They never sell at a loss and are always concerned with the "market" value of the knives they resell. They make money.

The type of person selling these knives the day after they arrive in the mail for $50-$100 more than they paid are the latter.

We'll have to agree to disagree about whether this is a disagreeable practice. :)
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All said in this post may be true, but I think it covers two extreme groups of people on this forum: one viewing it as a community of friends and the other as a place of free market. However, I suspect more people actually fall in between.
 
sharp_edge said:
All said in this post may be true, but I think it covers two extreme groups of people on this forum: one viewing it as a community of friends and the other as a place of free market. However, I suspect more people actually fall in between.
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It's a community knife enthusiasts who don't agree on everything. :) But we all love knives.
 
AF said:
DLT incentivized people to resell these knives. So that's what people did.
Also hindsight is 20-20. These weren't guaranteed to sell as fast as they did. I think if DLT could go back they'd price these a bit higher.
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How much should had DLT priced them at? If they had sold them at $200 each then people would be flipping for $350 each. Us that really wanted one to use and enjoy would have been effectively "punished" or even priced out of getting one just because of a few that want to buy and resell..I can't agree with that one bit.
When KW did the green 204p para2 a few years ago they got absolutely hammered over the way they handled it..interestingly they haven't done one since..maybe they said enough is enough and no more para 2 exclusives? Way they got treated it wouldn't surprise me and I couldn't blame them one bit..
Its a wonder any of these knife dealers want to do these para2 exclusives with all the BS like this they go through..

Thank You DLT for the awesome price, awesome knife, fast shipping and the way you handled this..I'm on a pretty severe knife budget and the way you priced this one made it possible for people like me to get one.
 
In addition to generating publicity, it seems like DLT engendered a lot of good will by offering this knife at a good price.
I was simply trying to explain my interpretation of why we're seeing so many of these knives at much higher prices on the secondary market.
 
I suspect that the vast majority of people who purchased multiple M390 PM2s from DLT, intended to purchase only one but ended up buying two only because of the $10 discount per knife. I also suspect that the vast majority of those folks have every intent of keeping one, and are just using the profit from the second to offset the cost of the first. I haven't seen many people selling more than one, neither on the forum nor on the auction site, so I think the evidence supports my suspicion.

I can totally understand the anger at people who purchased a bunch with the sole intent of selling all of them at a huge profit, but I don't think many of the re-sellers did that. If history is any indication, there just aren't that many of those guys.

I also don't quite get why all the anger at people who purchased more than one, while nobody questions why DLT purchased the entire run (a distributor exclusive, not a commissioned DLT exclusive) while no other dealer got the opportunity to buy any. Seems to be a disconnect there. I don't fault DLT for purchasing the entire run when they had the opportunity... even though I have to pay sales tax when I order from DLT, so presumably it would have been cheaper for me to order this knife from an out of state dealer, had that opportunity been there... so why would I fault a fellow knife enthusiast for purchasing two or three?
 
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The likelihood of DLTrading having to make a loan to pay for all of these knives is high . So in my opinion they flipped the knife in other words they priced it to sell fast pay the loan pay their workers and make fast money . In my opinion that's how you make money.
 
Most busniess have a credit line . put this way if they purchase all knives cash up they can mark them up at $175 keep them in stock for two month and not lose money in interest .
 
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1,000 knives at $75.00 = 75,000 that's a big number for a small business . Don't get me wrong I can care less how they paid for it as long as they keep the price low . Thanks DLT :D

By the way I forgot to mention that their Rewards Program Rocks it's the best .
 
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miltmaldo said:
1,000 knives at $75.00 = 75,000 that's a big number for a small business . Don't get me wrong I can care less how they paid for it as long as they keep the price low . Thanks DLT :D

By the way I forgot to mention that their Rewards Program Rocks it's the best .
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Is 75 bucks all a dealer pays for the PM2?
 
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