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View Full Version : E-Bay, Chain Stores and spending your $$$$


flatfourfan
12-08-2004, 02:40 AM
I know that a lot of you guys buy off ebay and reckon you get great deals etc etc, but after looking at getting some parts and stuff from the states, I got turned onto a guy called Ed Roman in Las Vegas. While I'm not American, I really feel for this dude and he makes some great points about big superstores and E-Gay.

http://www.edromanguitars.com/rant/ebay.htm

Second thing he mentioned was chain stores........a supporting the *little guy*
(this is copied from ed romans website) Makes for some serious thinking. Yeah I know it's for guitars, but it works in any field of sales.

Remember the Superstore Mentality !!!

1. Come into a town with a big splash.
2. Hire all the competitions best salespeople by offering them top dollar.
3. Open up a cool new store with every possible product and accessory in stock.
4. Get the newspapers and radio stations to promote them free because they advertise so much. at Any Price Policy".
5. Open earlier, close later than the competition.
6. Stay open 7 days.
7. Often there will be a sharp, hip store manager who will be charismatic and a great musician to boot. He will have all kinds of great Rock & Roll war stories to tell to all the young gapers who will be amazed when they hear he was a roadie for Kiss or that he did lights for Metallica . He will seemingly be everywhere in the store making friends, making deals, gaining your trust. You will run into him at a concert. He will always have a backstage pass, it seems like everyone knows the guy and you say to yourself "I gotta' align myself up with this guy". So you start sending your friends in to see him. You remind your friends, to make sure and tell him that you sent them. (Starting to sound familiar?).

Remember, Mom & Pop stores like to close on Sundays. They also need to make a profit to pay their rent and presumably make payroll. It becomes very hard when one of these superstores opens. They can't compete with the big city hype and hoopla that the superstores start up with. They can't afford to stay open the same long hours. They certainly cannot afford to advertise anymore so the radio stations and the magazines shun them and do articles on the superstores or have live in store broadcasts etc etc. You know the drill.

Ok, so lets say that your local family owned and run music store bites the dust. It usually takes a long time for it to happen because they are usually musicians and musicians have big ego's, and the last thing they would ever want to do is admit defeat. Like Meg Ryan did to Tom Hanks in the Movie "You've Got Mail". By the way the owners of the superstores are usually not musicians, they couldn't give a s#!t about the Van Halen tour with David Lee Roth and they certainly don't care if the guitar you bought won't stay in tune after the warranty has expired. In fact, one of these Superstores is publicly traded on the stock market.

Most of those little stores are already out of business, they just don't know it!! There is a small dirty little grimy, mildew smelling, health hazard of a music store in my town owned by a guy so stubborn he has hung on for more than 25 years. (Let's call him Maurice) Maurice has had the same 20 or 30 guitars in his store for over 15 years. He survives by taking on a small new line and simply not paying his bill. Most of the manufacturers write him off as a bad debt and don't bother trying to collect from him. The cost of collection on a $3,000.00 debt can be $5,000.00 so the manufacturers just don't bother. So between giving a few guitar lessons and Bulls#!tting some of the newer smaller companies who don't have credit managers, Maurice manages to keep his doors open. Of course Maurice never has anything good and he probably never will. He has been there nearly 40 years. I worked for him when I was a kid. Maurice had really cool stuff then, he always had Marshall's, Gibsons, Hagstroms, and all the other cool things from 40 years ago.

In any case Maurice is of no importance and certainly will never affect the local music market ever again.

Last one was buying american..............

A Simple Primer for a Simple Mind.........

Stop complaining, shut up, and spend your damn money, There has never been a better time to spend your money, There has never been a better reason to spend your money. Money is not edible, Most money is not collectable and money does not even make good toilet paper. SPEND IT!!! that's what it's for..... (oh yeah use it to buy American products) (Just because Toyota has a factory in Kentucky does not make it an American product) The profits all go across the pond, leaving us with the weaker economy. We are rapidly becoming a poorer country.

These slimy terrorist Bastard f#$ks have succeeded in throwing the country into a recession because everyone is too wimpy to get off their money. I am going to point out a couple of obvious facts.

1, Somewhere, it is written, that you should keep some cash around your house, just in case the banking system should collapse. Bulls#!t!!!!!!!!

If the banking system ever collapsed your cash would be worthless anyway. I don't believe that the banking system will collapse because the government will have to step in and simply print more money. This will cause massive inflation and your cash and your savings won't be worth s#!t. By you hoarding your money it's entirely your fault that the recession exists in the first place.

Interest rates are at an all time low. That's because the government wants you to spend money. Automobiles are at ZERO percent APR. That's because the government wants you to spend money.

I believe that if everyone kept the money moving, we wouldn't have to go to war to jumpstart the economy. I hear people saying things like "We need to go to war, That will fix our economy" Bulls#!t !!!!! all we really need is a spine. I say it's the spineless wimps who are saving for a rainy day that will never come. That money they are hoarding is holding back our economy. Spend don't save.... Spend don't save !!!!!!!!!!

Are you getting my point, Dexter !

ryan89crx
12-08-2004, 09:57 AM
so...are you selling guitars or something? im not getting your point

flatfourfan
12-08-2004, 10:35 PM
grrrrrrrrrrrrrrr...............nah just thought this guys babbling was making kinda sense after a while......................works in any industry.cars etc

Typical Ryan...........you had to dig deeper.......lol.

ryan89crx
12-08-2004, 10:48 PM
i was just wondering what point you were trying to get across. that his thoughts are true, or that you dissagree with them.

ive never had any issues with ebay besides not getting mu fucking ecu, damnit!! but i do reccomend to everyone to look around ebay because theres tons of deals to be had

ryan89crx
12-08-2004, 10:49 PM
and a few of his "scams" that he talks of are a little far fetched

flatfourfan
12-08-2004, 11:07 PM
I agree with some of his thoughts, I don't like the fact that he talks about South African kids having their arms chopped off so the westerners can have thier diamonds. That's just plain bullshit...but as for the superstores comments, I can see a lot of hard truth in that. lol..........yeah some of his scams are a bit far fetched, makes me wonder when he get's time to do any work if he's busy doing the website.

The funny thing is that 2 years ago he would pile into e-bay and so forth, but now listen to him............now he uses it........the guy's actually a bit of a dick now that I come to think of it...........

flatfourfan
12-08-2004, 11:08 PM
^^^^ as for my point..................I was just babbling..........

Superhatch
12-08-2004, 11:23 PM
actualy,i'm going to disagree about this one... i'm a musician by trade, and the local "mom and pop" store has been price raping people for years, now Guitar center, a huge corp is moving in, and is going to put them out of business, and it's the best thing possible. Good services, with a smile, cheap prices, easy locations and good hours...works for me. welcome to the laws of modern capitolism

flatfourfan
12-08-2004, 11:34 PM
actualy,i'm going to disagree about this one... i'm a musician by trade, and the local "mom and pop" store has been price raping people for years, now Guitar center, a huge corp is moving in, and is going to put them out of business, and it's the best thing possible. Good services, with a smile, cheap prices, easy locations and good hours...works for me. welcome to the laws of modern capitolism

No problem there. I'm glad you disagree...I think Ed Roman deff seems like your old school type of guys. I've been playing on and off for the last 15 years and while we don't get this over here, I was wondering if it's as bad as he says, I mean afterall, I've been looking at his website and he doesn't seem to be one of the little guys........What instrument do you play hatch?

seano
12-09-2004, 09:25 AM
The town I live in is all about mom & pop places, and I love it. Of course I go to the big chains a lot of the time cause I can get a lot of things done at once... Target is a favorite of mine. ;) I hate wal mart and don't go there. I use the small town grocery store, which has the best selection around, but is pricey.

It's a tough business world for any mom and pop place. I know my company is putting them out of business, and buying them up all the time as we grow. Big corporations are what america is about right now... soon we will all work for one company: Time/Warner/AOL/Disney/Comcast/ATT/Starbucks/Wal-Mart/Best Buy/insertyourcompanyhere.

peaces.

ryan89crx
12-09-2004, 04:28 PM
^^^^ as for my point..................I was just babbling..........thats what i figured you were doin. nothing new... haha :wink:

bspeed
12-09-2004, 05:48 PM
Like Meg Ryan did to Tom Hanks in the Movie "You've Got Mail"....Interest rates are at an all time low. That's because the government wants you to spend money... Automobiles are at ZERO percent APR. That's because the government wants you to spend money... money they are hoarding is holding back our economy. Spend don't save.... Spend don't save !!!!!!!!!!

Are you getting my point, Dexter !

You watched "You've Got Mail" :gir: YOU'RE GAY lmfao
I am just giving you a hard time.
Don't you live in S.A.? What do you give a care about the US economy?

flatfourfan
12-09-2004, 11:17 PM
ok, some poor sod missed this one..

................I was quoting from a website. I've never watched you've got mail.............................................. ..shame on you for watching YOU'VE GOT MAIL............HAHAHAHAHAHAHAHAHAHHAHA, you're ghey......hahahahahahah.....foooooollllllllllll... ...............

nah, just giving YOU a hard time.........lol.

I live in SA.........what do I care........?..........in a 2nd 3rd world country what you guys get upto affects us. The day US invaded Iraq........our currency dipped.....everytime America does something bad, we suffer. scarey really.

bspeed
12-10-2004, 07:27 AM
wow, that totally sucks. what our country does directly effects other smaller economies, that are not immediately involved with our decisions.

infinatenexus
12-11-2004, 06:04 PM
I say it's the spineless wimps who are saving for a rainy day that will never come. That money they are hoarding is holding back our economy. Spend don't save.... Spend don't save !!!!!!!!!!

Are you getting my point, Dexter !
"Dexter", you are a little off base. This nation has accumulated more debt per capita than any other society in history. Although it is not a bad thing in its self, but Americans are only saving 1-2% of disposable income a year, and compared to 8-10% on the early 1990’s. While this can be offset by pay role deducted retirement plans, its still not a reassuring statistic.

You ever wonder why retired people can buy a 80,000.00 RV, or buy a 40,000.00 car cash? They had the foresight to start saving a small fraction of there income on a regular basis years ago. If you save 100.00 a month it adds up over 40-50+ years. Unlike modern society they focused on supplying the family with needs, and not wants.

Ever wonder why the “tech” industry had such a hard fall after 9/11, and many of the workers that got laid off ended up filing ch.7? They lacked the discipline to save a little of each paycheck, and they over extended there purchasing power. They thought they were on the top of the world, 26 years old, 4 year degree from a good school, and a 40K a year job. They bought top of the line clothes, and a flashy new vehicle. In short they spent money they didn’t have, and never had a plan for when times get hard.

But its not all bad news, I managed to expand my number of rental properties after 9/11. The original owners never put away funds to cover they mortgages if tenants skipped out on the rent. The lenders threatened foreclosure, and I (with the help of a close friend) negotiated a buy out of the note that ended up being less than the market value of the property.

People seem to forget, millions were made off the Great Depression by those who had “saved for a rainy day”. They simply bought stocks after they plummeted, and sold them when the economy recovered.


Some of us look to the past, in order to secure out future.;-)

Zulu
12-11-2004, 07:08 PM
People seem to forget, millions were made off the Great Depression by those who had “saved for a rainy day”. They simply bought stocks after they plummeted, and sold them when the economy recovered.


Some of us look to the past, in order to secure out future.;-)

Too true. Hindsight is 20/20, but that means that you can not only learn from your mistakes and troubles, but from others. History also has a tendency to repeat itself, as such you can repeat what others did during tough times to get ahead later on. Well to a degree anyway.

flatfourfan
12-12-2004, 10:13 PM
"Dexter", you are a little off base. This nation has accumulated more debt per capita than any other society in history. Although it is not a bad thing in its self, but Americans are only saving 1-2% of disposable income a year, and compared to 8-10% on the early 1990’s. While this can be offset by pay role deducted retirement plans, its still not a reassuring statistic.

You ever wonder why retired people can buy a 80,000.00 RV, or buy a 40,000.00 car cash? They had the foresight to start saving a small fraction of there income on a regular basis years ago. If you save 100.00 a month it adds up over 40-50+ years. Unlike modern society they focused on supplying the family with needs, and not wants.

Ever wonder why the “tech” industry had such a hard fall after 9/11, and many of the workers that got laid off ended up filing ch.7? They lacked the discipline to save a little of each paycheck, and they over extended there purchasing power. They thought they were on the top of the world, 26 years old, 4 year degree from a good school, and a 40K a year job. They bought top of the line clothes, and a flashy new vehicle. In short they spent money they didn’t have, and never had a plan for when times get hard.

But its not all bad news, I managed to expand my number of rental properties after 9/11. The original owners never put away funds to cover they mortgages if tenants skipped out on the rent. The lenders threatened foreclosure, and I (with the help of a close friend) negotiated a buy out of the note that ended up being less than the market value of the property.

People seem to forget, millions were made off the Great Depression by those who had “saved for a rainy day”. They simply bought stocks after they plummeted, and sold them when the economy recovered.


Some of us look to the past, in order to secure out future.;-)

Some good words there. I still say spend.....within reason of course....lol.

makku
12-12-2004, 10:32 PM
But its not all bad news, I managed to expand my number of rental properties after 9/11. The original owners never put away funds to cover they mortgages if tenants skipped out on the rent. The lenders threatened foreclosure, and I (with the help of a close friend) negotiated a buy out of the note that ended up being less than the market value of the property.

You are my hero! Seriously, that's exactly the type of business I'm trying to get into... rental properties. Wow, and here I thought d-series was just a bunch of people blowing all their money on cars :)

Nice job! :TU:

But, I agree... there are too many people who believe in "instant gratification" these days. Credit cards are so you don't have to carry cash people! It isn't a loan! Because you're getting raped if you're paying interest on credit cards.... stop spending so much and SAVE! And contribute to the economy by starting your own business :)

flatfourfan
12-12-2004, 10:47 PM
You are my hero! Seriously, that's exactly the type of business I'm trying to get into... rental properties. Wow, and here I thought d-series was just a bunch of people blowing all their money on cars :)

Nice job! :TU:

But, I agree... there are too many people who believe in "instant gratification" these days. Credit cards are so you don't have to carry cash people! It isn't a loan! Because you're getting raped if you're paying interest on credit cards.... stop spending so much and SAVE! And contribute to the economy by starting your own business :)

^^^^

yes.....I have a credit card but I use it for saving, I have a 20 year morgage on my house, but it'll be paid off in 5 years less due to paying in more money each month. My motto is if I don't have the money for it, I don't buy it. I have a debit card, put in some money at the begining of the month and just swipe the card and the money comes off my savings........

I'm 31 and the only debt I have is my house.........cash is king

makku
12-12-2004, 10:54 PM
I'm 31 and the only debt I have is my house.........cash is king
that's the only debt that's ok to have... because housing is one of the few things that increase in value over time. So unless you have a shitty interest rate, you're still making money. If you have a stable job, you should even consider re-financing and using th cash for a down payment in getting a second house... turn it into rental property and watch the cash flow in :) (as long as you're smart about it)

flatfourfan
12-12-2004, 11:09 PM
that's the only debt that's ok to have... because housing is one of the few things that increase in value over time. So unless you have a shitty interest rate, you're still making money. If you have a stable job, you should even consider re-financing and using th cash for a down payment in getting a second house... turn it into rental property and watch the cash flow in :) (as long as you're smart about it)

Yup...........I had 120 days to sign my morgage and I let the bastards wait as the interest rate dropped 4.5% and to top it off they gave me a 1.75% below prime rate to start off with cause I was a first time buyer and the rates were so high. My monthly repayments are like $650...lol.......I pay about a $100 more. Interest rates over here are high..........13%

I'm actually looking into purchasing an upmarket apartment in the new year and leasing it out......end of the day it'll pay itself off and half of my house.

makku
12-12-2004, 11:17 PM
good luck with that! I'm still working on getting my first home :(

I thought moving to shitty virginia would give me more options, but a fucking 2-bedroom townhouse in an OK area is like $350,000!! OMG! I think I'm just going to buy in Los Angeles for when I go back... same price, but much cooler city :)

flatfourfan
12-12-2004, 11:33 PM
yup..........property prices over here are just as crazy. My place has tripled in value over the last 3 years cause of it's size........an ok house in my area is about R400 000- R600 000. I got mine for R150 000.........well fair enough, it was going to be dimolished and was over 100 years old......lol.

I actually want to look into buying some farmland for retirement times.........not to farm, but just to get out of the city.

ryan89crx
12-13-2004, 01:47 PM
Interest rates over here are high..........13%13%?!? damn bro, you're getting raped

infinatenexus
12-13-2004, 04:40 PM
You are my hero! Seriously, that's exactly the type of business I'm trying to get into... rental properties. Wow, and here I thought d-series was just a bunch of people blowing all their money on cars :)

Nice job! :TU:

I am Jewish, what did you expect...lol

But seriously, rental property is a great way to increase your worth, and make a little cash. But it can be very costly, one shit bag tenant can cost you 20,00 in a few months.

But, I agree... there are too many people who believe in "instant gratification" these days. Credit cards are so you don't have to carry cash people! It isn't a loan! Because you're getting raped if you're paying interest on credit cards.... stop spending so much and SAVE! And contribute to the economy by starting your own business :)
Credit sucks. The only personnel bill (the rental property is set up under a business to protect out ass if shit goes down hill) my wife and I have is a truck payment. She inherited her grand mothers house, although it has tens of thousands in repairs to go(I have tons of pics if you get really bored), its still free with the exception of taxes.

flatfourfan
12-15-2004, 10:36 PM
13%?!? damn bro, you're getting raped

Actually I'm getting a better deal than most South Africansit's actually 1.75% below 13%..........

rotory20
01-12-2005, 01:09 PM
Time/Warner/AOL/Disney/Comcast/ATT/Starbucks/Wal-Mart/Best Buy/insertyourcompanyhere.
^^^Department of Defense...lol