With a simple yes or no answer, If I buy something for 7 dollars and then sell it for 20, am I wrong?
I am not interested in your answer to judge you, I promise!
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I was Lost. I hate sleeping and love coffee = Blog. Totally my opinions and comments.
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5 comments:
Yes that is very wrong. You should typically get at least 3x's what you bought it for so go up at least 1 dollar. If your not trying to make money just give it away. Either way if you make great money you feel good if you give it away you feel good. If you are going to be great be great dont play around.
If
1) the price is what the market will bear and
2) the item is not an absolute requirement in a disaster restricted market (as in price gouging- bottled water after a hurricane, etc.) and
3) you are not deceptive in your marketing (it is the buyer's responsibility to negotiate their best cost, not your responsibility to offer or disclose it).
then... no.
I don't find anything wrong with it at all as long as it is worth what you are asking; this is how Ebay got its start. If someone goes out and does the leg work to find an item at a great price and then someone is willing to pay three times more for it, then I say to the seller "Great Job".
We don't complain that we are paying a 400% mark-up on furniture, so again I dont see a problem charging a price for something that someone is willing to pay. Thanks, Jim (again promise you won't judge)
I promise
A simple question that I think can't be answered as easily. But I'll share my thoughts.
By phrasing the question, "am I wrong?" it implies to this reader that the question really is, am I wrong to be so greedy? Am I greedy (committing a sinful act) if I make $13 on an item I paid $7 for?
First of all, let me say this. I don't think items, in themselves, can be sinful. A tobacco leaf in itself is a plant. It is sinful for me to use that plant in a way that destroys God's creation - by smoking a cigarettte.
Man! Where is jimmythek going with this?
Money, in itself, is not sinful. In fact, money can do a lot of good. You can buy food and feed hungry folks and you can send missionaries to places throughout the world to spread the good news of Jesus Christ. But money, used other ways, can do a lot of harm. You can use it to purchase items to feed your addictions such as cigarettes, drugs, alcohol, or fast food.
Money, in this case a $13 profit, I don't believe is what determines if it is right or wrong. Instead, I suggest, what makes it right or wrong is what is done with the $13.
I'll re-phrase the question to see if it evokes different responses. If I buy something for $7 and then sell it for $20, so I can give my neighbor's daughter lunch money for the week that her father didn't have, am I wrong? If the church I attend buys t-shirts for $5 and sells them for $10 to fund a trip to Haiti to let Haitians know that Jesus loves them, is the church wrong? If I buy something for $7 and then sell it for $20 to add with other money to buy another big screen tv, am I wrong?
That's a lot of examining the seller. But what about the buyer? If a buyer pays three times the going rate for a material item because they want it so bad, isn't that a form of greed? Aren't we directed to be good stewards of all we've been given? How could desiring a material item so bad that I am willing to pay three times the going rate be considered being a good steward of my money? What if the only way I could purchase a copy of the Bible to leave with a Haitian I met on my trip was to pay 40 US dollars for it in Haiti when I know I could buy it cheaper, am I wrong?
Money, no matter how little or how much, in itself does not contain good or evil. Ultimately what you do with it does. One more example to ponder. If I refuse to make my own way in life for me and my family, yet I use the money provided to me by God fearing, God loving Christians that want to help while I am lazy, am I wrong?
These are just my thoughts. Thanks for allowing me to share.
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