Those that want It that day, if the whole lot is fresh pay the regular, when a week goes by and it will be “expired” some new stock will come in, so now you still have new choice or discounted on older stock. Its a win win and doesn’t do the 40% spoilage we have now.
Its how it used to be decades ago when a human was actually placing price tags on items.
I also see this model work in sports shops that do consignment.
You drop off you mountain bike, they price at $600, each month the price drops 5-10% until an agreed minimum. This way they rotate stock quicker, seller will eventually get a sale, and the buyer either anaps it up when they see the item to ensure nobody get is later. You could wait a month and hope for price reduction, but there’s a chance of somebody else grabbing it.
Those that want It that day, if the whole lot is fresh pay the regular, when a week goes by and it will be “expired” some new stock will come in, so now you still have new choice or discounted on older stock. Its a win win and doesn’t do the 40% spoilage we have now.
Its how it used to be decades ago when a human was actually placing price tags on items.
I also see this model work in sports shops that do consignment. You drop off you mountain bike, they price at $600, each month the price drops 5-10% until an agreed minimum. This way they rotate stock quicker, seller will eventually get a sale, and the buyer either anaps it up when they see the item to ensure nobody get is later. You could wait a month and hope for price reduction, but there’s a chance of somebody else grabbing it.