I‘m just sobbing over year old limited vinyl only releases going for x times the original price second hand. Wouldn‘t the artist themself make more money if i could still buy it digitally? Same thing for sneakers etc
In: 12
let’s say you have 100 vinyl records and you want to make a profit of 1000€. Let’s say that there are also 100 buyers who want 1 vinyl each and are willing to pay you whatever it takes.
Great, you think. You cut down supply by half (50) and therefore tightening the market to force everyone to pay double the price.
You wait a few months until you release the next 50 records and get double the price again.
You made 2000€ instead of 1000€ because you decided to manipulate the market.
You can play this game with 1/4 each, 1/8, etc. of the supply and profit even more absurd amounts of money
This only works if:
a) The item is scarce.
b) you don’t need the profit right away.
c) you (or a select few) controll the market.
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