@wan303win wrote:
While accepting your comment, (I was in business for almost 40 years, so I understand your point,) I make the following clarifercation of my point. If you make something and nobody wants it, it's no use claiming how much it owes you. If there's no buyer, your item is worthless no matter how much time and materials you put into it. This is why I say that in the final analysis, the buyer will always determine the value of your item/s. You can't always expect to find a "sucker", as many sellers on ebay do.
I also understand your point, but we obviously have very different ways of looking at the same scenario.
Your approach can certainly hold true in a lot of cases, but if I make something and no one buys it, most of the time that doesn't mean it's worthless, it just means I haven't done my job properly, in one way or another (more specifically, conveying the value I've put on it). I know this because lowering prices isn't a good enough method to sell items that aren't moving, in fact through all of the times I've attempted that on my own work, it's failed miserably. Marketing the item differently, at the same (and in some cases, higher) prices, has a much better success rate for me, and I don't feel my buyers are suckers for seeing the same value in my items that I do (I know you weren't specifically suggesting that they were, but I felt like saying that none the less 🙂 ).
