Alpinemaps Posted November 21, 2014 Posted November 21, 2014 I flipped these back in September, when they showed up at Legoland California, but no where else. After that, I've stayed away. I thought about picking up the couple I saw tonight, but at RRP, I just don't like the margin. Quote
jbacunn Posted November 21, 2014 Posted November 21, 2014 Scored 8 of these at Kroger today. They were marked down to $25 via sticker on the set but ring up at $35. They honored the sticker price of $25. It requires a manager override at the register. This has been reported elsewhere. If you have a Kroger Marketplace close to you go check. This is like printing money! 1 Quote
ravenb99 Posted November 21, 2014 Posted November 21, 2014 I flipped these back in September, when they showed up at Legoland California, but no where else. After that, I've stayed away.I thought about picking up the couple I saw tonight, but at RRP, I just don't like the margin.Its mixels 2 margins right nowNot mixels 1 but still pretty goodYou'd buy 10 mixels 2 at $40 and thats $70 in value. So these at 40 is same now that there selling for 70. Has a little more growth in it over next 2 weeks also Quote
dubzero Posted November 21, 2014 Posted November 21, 2014 Galorco is in the buy box again at 69.99 with 788 left in stock. He had a few people undercutting him by some cents over the past day or two. Sellers are thinning out as well. BB is at $73.95 and Galorco is at 588 units. That's volume AND margin! Quote
ApesInCapes Posted November 22, 2014 Posted November 22, 2014 Looks like Lego is fine tuning their production quantities a lot better. I prefer the selling out as opposed to the over production. Quote
gregpj Posted November 23, 2014 Posted November 23, 2014 (edited) Anyone in Canada flipping these things? Sold out at TRU and Walmart in store and online it appears... I only had one... But we're going away for Xmas so I didn't really care if I sold it. Just sold for $110 CDN (shipping included) on eBay. Nobody is flipping them on eBay right now.. Go! ** edit: in Canada ** Edited November 23, 2014 by gregpj Quote
mykingdomforabrick Posted November 24, 2014 Posted November 24, 2014 FBA price is mid-70's now and galarco is down to 395 units. Depends if he keeps raising his price but when/if he sells out it may jump a bit. Quote
mscheaf Posted November 25, 2014 Posted November 25, 2014 I need these to go up. I bought at retail like a fool. Quote
mykingdomforabrick Posted November 25, 2014 Posted November 25, 2014 I assume you are talking ebay and not amazon. FBA is at 74+. That's a solid profit on amazon. If ebay is anywhere near that .. should be no concern. Prices should be at peak this weekend and next I believe. Quote
shirow Posted November 26, 2014 Posted November 26, 2014 (edited) These Amazon reviews made me chuckle. Not sure if this includes you guys? Just wanted to thank all the Third party sellers who ... By John on November 23, 2014 Just wanted to thank all the Third party sellers who bought all these sets up and are now trying to gouge people at three times MSRP. Hope you choke on these. Merry Christmas!!! Bloodsucking vampires. By A Haynes on November 19, 2014 Shame on you, sellers!!! I am appalled that you DOUBLED the price of this in the past week (11/11 - 11/19). As Yoda might say, "serious pieces of waste, you are." The unit is priced at 39.99; it is now here (fulfilled by Amazon, though not sold by) for 79.99. Shame! And Amazon, you may want to be aware of the marketing effect this has on people who shop on Amazon--especially when the doubled price shows as "Prime." (Yes, it isn't come from Amazon, but the association with price-gouging is pretty easy to make.) Edited November 26, 2014 by shirow Quote
newbie77 Posted November 26, 2014 Posted November 26, 2014 These Amazon reviews made me chuckle. Not sure if this includes you guys? Just wanted to thank all the Third party sellers who ... By John on November 23, 2014 Just wanted to thank all the Third party sellers who bought all these sets up and are now trying to gouge people at three times MSRP. Hope you choke on these. Merry Christmas!!! Bloodsucking vampires. By A Haynes on November 19, 2014 Shame on you, sellers!!! I am appalled that you DOUBLED the price of this in the past week (11/11 - 11/19). As Yoda might say, "serious pieces of waste, you are." The unit is priced at 39.99; it is now here (fulfilled by Amazon, though not sold by) for 79.99. Shame! And Amazon, you may want to be aware of the marketing effect this has on people who shop on Amazon--especially when the doubled price shows as "Prime." (Yes, it isn't come from Amazon, but the association with price-gouging is pretty easy to make.) i don't understand why people are venting at the prices.. they can vote with their wallet. if they believe that there is price gouging they should not buy it at all 2 Quote
Ed Mack Posted November 26, 2014 Posted November 26, 2014 Honestly, this is what LEGO hates. It's capitalism at its finest...or worst some would argue. I just wonder though how much negative feedback a company like Amazon will accept before they limit excessive pricing of items. Or maybe they are quite aware and just don't care. 2 Quote
marcandre Posted November 26, 2014 Posted November 26, 2014 Amazon should delete these complaints. It's supposed to be a review of the product there. People can ***** about the price in the forums. 1 Quote
No More Monkeys Posted November 26, 2014 Posted November 26, 2014 Honestly, this is what LEGO hates. It's capitalism at its finest...or worst some would argue. I just wonder though how much negative feedback a company like Amazon will accept before they limit excessive pricing of items. Or maybe they are quite aware and just don't care. The higher the price for item with high sell rank, the more money they get in fees.... 1 Quote
Ed Mack Posted November 26, 2014 Posted November 26, 2014 The higher the price for item with high sell rank, the more money they get in fees....This is true. Like I said, maybe they don't care and love resellers. LOL Quote
inversion Posted November 26, 2014 Posted November 26, 2014 (edited) If people knew more about LEGO Shop at Home then LEGO wouldn't have to rely on Amazon and other 3rd parties this much and have a greater degree of control over its supply and price. If people had more information this would actually be better for LEGO since they would buy directly from them, where they can also enforce purchase limits. I find it always funny when people are buying some (not this one now, since it's sold out) sets waaaay over MSRP on Amazon, ebay etc. when they are still available on LEGO Shop at Home. And I cant even say that this is because of high information costs since if you google a set the first hit is the LEGO site. Edited November 26, 2014 by inversion 4 Quote
biking_tiger Posted November 26, 2014 Posted November 26, 2014 I find it always funny when people are buying some (not this one now, since it's sold out) sets waaaay over MSRP on Amazon, ebay etc. when they are still available on LEGO Shop at Home. And I cant even say that this is because of high information costs since if you google a set the first hit is the LEGO site. The world is a strange place. I will never understand all the quirks of consumer behavior. Quote
mykingdomforabrick Posted November 26, 2014 Posted November 26, 2014 Honestly, this is what LEGO hates. It's capitalism at its finest...or worst some would argue. I just wonder though how much negative feedback a company like Amazon will accept before they limit excessive pricing of items. Or maybe they are quite aware and just don't care. Amazon is raking in the bucks so they are plenty aware. On the frozen items earlier this year they did put a bold MSRP label with the msrp price right at the top of each listing. Assume that was their response to the price gouging. 1 Quote
dubzero Posted November 26, 2014 Posted November 26, 2014 It is amazing how much the term 'price gouging' gets thrown around when people are butt hurt about prices they pay when not getting things bought early enough. The sets have been available since September. Price gouging doesn't exist - especially not with toys. It's the market at work. It's a voluntary transaction. It's not like you need Legos to survive, biologically speaking. What do we know about it? We're all just stone cold reseller scum, and our little black hearts only beat for profits. It's amazing how well I sleep at night. It must be all the extra cash I've been able to stuff in my pillow. ;) 2 Quote
dubzero Posted November 26, 2014 Posted November 26, 2014 The world is a strange place. I will never understand all the quirks of consumer behavior. Economics is a social science, my friend. Quote
fuzzy_bricks Posted November 26, 2014 Posted November 26, 2014 If people knew more about LEGO Shop at Home then LEGO wouldn't have to rely on Amazon and other 3rd parties this much and have a greater degree of control over its supply and price. If people had more information this would actually be better for LEGO since they would buy directly from them, where they can also enforce purchase limits. I find it always funny when people are buying some (not this one now, since it's sold out) sets waaaay over MSRP on Amazon, ebay etc. when they are still available on LEGO Shop at Home. And I cant even say that this is because of high information costs since if you google a set the first hit is the LEGO site. I don't know how other consumers work, but I tend to go back to places I've shopped before. Especially with the fear of identity theft, I think consumers tend to go where they feel "safe". It seems that the review from the unhappy buyer may be a parent that has set his child's expectations too high. This guy could buy one of the past calendars cheaper, try to wait till after Christmas, or (gasp) go without. 1 Quote
No More Monkeys Posted November 26, 2014 Posted November 26, 2014 It is amazing how much the term 'price gouging' gets thrown around when people are butt hurt about prices they pay when not getting things bought early enough. The sets have been available since September. Price gouging doesn't exist - especially not with toys. It's the market at work. It's a voluntary transaction. It's not like you need Legos to survive, biologically speaking. What do we know about it? We're all just stone cold reseller scum, and our little black hearts only beat for profits. It's amazing how well I sleep at night. It must be all the extra cash I've been able to stuff in my pillow. Yeah, people who complain probably did not experience real price gouging in their lifetime... or they consider necessity to please their children (inner or actual one) as essential to survival 1 Quote
mscheaf Posted November 26, 2014 Posted November 26, 2014 i don't understand why people are venting at the prices.. they can vote with their wallet. if they believe that there is price gouging they should not buy it at all It's not like these were piled high in every store in the country for 4 months straight or anything, there is clearly no way they could have gotten one at msrp Quote
mscheaf Posted November 26, 2014 Posted November 26, 2014 It is amazing how much the term 'price gouging' gets thrown around when people are butt hurt about prices they pay when not getting things bought early enough. The sets have been available since September. Price gouging doesn't exist - especially not with toys. It's the market at work. It's a voluntary transaction. It's not like you need Legos to survive, biologically speaking. What do we know about it? We're all just stone cold reseller scum, and our little black hearts only beat for profits. It's amazing how well I sleep at night. It must be all the extra cash I've been able to stuff in my pillow. A lot of terms get thrown around by idiots that they don't understand. For example: socialism. 1 Quote
mykingdomforabrick Posted November 26, 2014 Posted November 26, 2014 My hopes jumped on seeing this thread that prices had hit $80 already but not so much. You people are all a tease. Good news is Galorco is down to 233 sets. Hopefully he'll be out by this weekend unless he raises his prices. Quote
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