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- Jul 21, 2015
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Very interesting discussion and one I'm glad is being held in a positive and constructive way. I will second that I like to think of KKF as a gentleman's forum. This has always been our strong suit, this is what has kept me around and what makes KKF unique among knife forums. I feel, as do others, that we are starting to lose this and that is a great pity. Blame can certainly be passed around, but we must also look at ourselves and ask what we can do to make things better as well.
Anyway, back to the topic at hand, I will admit I do not know quite where I stand on the issue. On the one hand, I certainly don't condone buying of rare or 'hyped' knives with the immediate intent to flip for a profit, however I'm also not sure I can see a good way to stop it aside from members actively and consciously choosing to not buy from that person out of principle. I can also foresee some mistaken allegations flying around if we start actively punishing those who we believe are attempting to make a large profit. If its not a clear and obvious case of flipping, how can we be certain who is profiting and who is not without knowing what the buyer paid originally. I doubt we are going to start demanding receipts.
I myself have sold items here on KKF at both a loss and a gain. I hope no one thinks less of me for admitting this, but I believe honesty is valuable in this discussion and I am not ashamed or guilty of this fact. I would not classify either scenario as more morally or ethically bankrupt than the other because I have not ripped anyone off, myself included. I have always sold at what I think an item is worth to me. Just as an example, if I take a chance and spend $400 on a jnat or knife from an auction or such sites and it turns out to be a decent stone or knife, but not worth the 400 I paid, I might sell it on BST but it will be heavily discounted. Likewise, if I buy a $300 stone or knife that turns out to be awesome but I already have something similar, I might sell it at a bit higher price due to its quality. I am always upfront if people ask me questions about items for sale as long as I can actually provide an answer and I expect that same courtesy to be extended back. Honesty and open communication is vital for both parties.
For me, I never buy something with the intent of reselling it as I like to believe I will love everything, I buy with the intent to keep/own and then sell if I find it doesn't fit my needs. That intent is what I think drives people up the wall about flipping- its not someone who buys a Shig and then a year or two later goes to sell it after deciding its not for them, realizes the prices have gone up and that if they ever wanted to replace the item it would cost loads of cash so they raise their selling price to match the current market- its someone who buys an item with a new price already calculated in their heads for what they're going to sell it at.
I believe it is also important to make the distinction that vendors and businesses buy product at wholesale prices from which they derive their retail pricing. Vendors and businesses have to develop relationships with maker and suppliers, they have to market their items, they have to build trust and understanding with their customer base, and a dozen other things I'm probably forgetting. Someone buying a few knives at retail pricing and then reselling at higher prices is not the same thing and certainly is not a sustainable career without serious work. I think most of our vendors on KKF would agree that you can't run a business that way, but I absolutely sympathize with them and their annoyance when their products show up here at inflated prices.
So to sum up, I don't know how I feel about this situation. I agree with much of what others have said. If the moderators and folks decide on regulations I wish them good luck, but if it turns into a witch hunt I fear it could get ugly.
My wife always complains I overthink things so I will just say this- personally, I buy and sell according to my conscious while doing my best to respect the other members of the community and the spirit we try to uphold. That is all I feel that I have true control over.
Anyway, back to the topic at hand, I will admit I do not know quite where I stand on the issue. On the one hand, I certainly don't condone buying of rare or 'hyped' knives with the immediate intent to flip for a profit, however I'm also not sure I can see a good way to stop it aside from members actively and consciously choosing to not buy from that person out of principle. I can also foresee some mistaken allegations flying around if we start actively punishing those who we believe are attempting to make a large profit. If its not a clear and obvious case of flipping, how can we be certain who is profiting and who is not without knowing what the buyer paid originally. I doubt we are going to start demanding receipts.
I myself have sold items here on KKF at both a loss and a gain. I hope no one thinks less of me for admitting this, but I believe honesty is valuable in this discussion and I am not ashamed or guilty of this fact. I would not classify either scenario as more morally or ethically bankrupt than the other because I have not ripped anyone off, myself included. I have always sold at what I think an item is worth to me. Just as an example, if I take a chance and spend $400 on a jnat or knife from an auction or such sites and it turns out to be a decent stone or knife, but not worth the 400 I paid, I might sell it on BST but it will be heavily discounted. Likewise, if I buy a $300 stone or knife that turns out to be awesome but I already have something similar, I might sell it at a bit higher price due to its quality. I am always upfront if people ask me questions about items for sale as long as I can actually provide an answer and I expect that same courtesy to be extended back. Honesty and open communication is vital for both parties.
For me, I never buy something with the intent of reselling it as I like to believe I will love everything, I buy with the intent to keep/own and then sell if I find it doesn't fit my needs. That intent is what I think drives people up the wall about flipping- its not someone who buys a Shig and then a year or two later goes to sell it after deciding its not for them, realizes the prices have gone up and that if they ever wanted to replace the item it would cost loads of cash so they raise their selling price to match the current market- its someone who buys an item with a new price already calculated in their heads for what they're going to sell it at.
I believe it is also important to make the distinction that vendors and businesses buy product at wholesale prices from which they derive their retail pricing. Vendors and businesses have to develop relationships with maker and suppliers, they have to market their items, they have to build trust and understanding with their customer base, and a dozen other things I'm probably forgetting. Someone buying a few knives at retail pricing and then reselling at higher prices is not the same thing and certainly is not a sustainable career without serious work. I think most of our vendors on KKF would agree that you can't run a business that way, but I absolutely sympathize with them and their annoyance when their products show up here at inflated prices.
So to sum up, I don't know how I feel about this situation. I agree with much of what others have said. If the moderators and folks decide on regulations I wish them good luck, but if it turns into a witch hunt I fear it could get ugly.
My wife always complains I overthink things so I will just say this- personally, I buy and sell according to my conscious while doing my best to respect the other members of the community and the spirit we try to uphold. That is all I feel that I have true control over.