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Nairaland Forum / Nairaland / General / Business / Greedy Seller's Sudden Increase Sparks Tension (video) (24237 Views)
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Re: Greedy Seller's Sudden Increase Sparks Tension (video) by dododawa1: 12:32pm On Mar 05 |
Na ONE TRIBE GREED But calling it BUSINESS |
Re: Greedy Seller's Sudden Increase Sparks Tension (video) by sanya4good(m): 12:33pm On Mar 05 |
If it's a situation where price falls will he return the difference? 1 Like |
Re: Greedy Seller's Sudden Increase Sparks Tension (video) by kamez(m): 12:33pm On Mar 05 |
Normally this would have been a simple case for the police to handle... But if u report to police, I fit finally pay pass that 400k to them |
Re: Greedy Seller's Sudden Increase Sparks Tension (video) by OlujobaSamuel: 12:34pm On Mar 05 |
tonicyril:One or both of Dem be thief. Some buyers will go about asking price finding out if there is a seller still ignorant of the current price, when they found one, they won't just buy little, they will mop up the stock because they found it cheaper, if seller should get the current price while he is still having control over the goods, he will use that to hold the buyer to ransom Those saying he has the stock on ground before, if he is selling for 100k and it's now 120k, where will he get the additional 20k from, not to talk of his markup so he can get profit. Late last year to early this year, price of poultry feeds was just flying anyhow, morning price is different from evening price, I was selling a bag with 200 margin, it got to a point, I was borrowing to restock, I had to increase my margin to 600, that way I still get my 200 on each bag, why the 400 cater for the new price as it increases by 300 everytime 2 Likes |
Re: Greedy Seller's Sudden Increase Sparks Tension (video) by RisenObinna: 12:35pm On Mar 05 |
wisestman:Stop supporting evil... He has paid and should be given his goods. If the seller is reported , he might pay for damages. 1 Like |
Re: Greedy Seller's Sudden Increase Sparks Tension (video) by Donchieli: 12:37pm On Mar 05 |
Oga that's is fruad It is called industrial espionage If the case reach police The seller go still bail himself Cause that is sabotage Make una de call a spade a spade abeg Wic yeye economy If he hadn't paid yet, then he would have been within his rights to demand for more money since the agreement would have only been verbal, but since buyer has paid, technically it's no longer the shops property wisestman: 2 Likes |
Re: Greedy Seller's Sudden Increase Sparks Tension (video) by Omoapena(m): 12:37pm On Mar 05 |
Reasoning from seller perspective, after receiving money for the goods, he might have placed a call to his own supplier/source and he probably got information from his supplier/source that price of the goods have gone up, with the increment in the price of the goods, he won't be able to restock and thereby leading to total loss for him.. That's why in business, it's very good to be updated about price before selling. Reasoning from buyer perspective,if he has been issued receipt for the goods, then, he has right to receive the goods but if not, he should just get refund and walk away... |
Re: Greedy Seller's Sudden Increase Sparks Tension (video) by SoNature(m): 12:37pm On Mar 05 |
wisestman: It's not a better offer. Prices change per second every day in Nigeria due to this exchange rate fluctuations, especially imported items. The seller probably bought it for X amount and sold it at Y price only to realise that if he sells it at Y price he won't be able to replace it because his sources have increased their prices. However, the seller should have confirmed the current price before selling. So, the buyer must go with his item. |
Re: Greedy Seller's Sudden Increase Sparks Tension (video) by TriCee: 12:38pm On Mar 05 |
E be like that seller wan sleep for jail. He paid and has receipt already. Greedy lots. Your can hike your price all you like, but not after selling the goods. |
Re: Greedy Seller's Sudden Increase Sparks Tension (video) by drimzsmoke(m): 12:38pm On Mar 05 |
omoredia: Lolz, really, from the top? Think am well, it started from every dysfunctional families. Every irresponsible parent that told their kids to lie to their friends who came to visit that they weren't around!!! 1 Like 1 Share |
Re: Greedy Seller's Sudden Increase Sparks Tension (video) by thesicilian: 12:38pm On Mar 05 |
wisestman: omoredia:If you don't see anything wrong with the seller's action then you're as corrupt as the leaders you criticise daily. The man has paid for his goods, he has the receipt, the goods already belong to him 3 Likes |
Re: Greedy Seller's Sudden Increase Sparks Tension (video) by papyjaypaul: 12:39pm On Mar 05 |
I am not happy with the government but I know people are doing arbitrary price increases. It is part of why Emefiele said Abokifx should come out and fight because someone will just sit down behind computer and be declaring price. Today we can see it is not Abokifx it is Nigerians. Nigerians have short term thinking of getting rich and making profit without remembering they are also part of the market. The seller will spend money too. What goes around, comes around. Round tripping till you trip. Foolishness. Let's keep increasing prices until we join Zimbabwe chat group 3 Likes |
Re: Greedy Seller's Sudden Increase Sparks Tension (video) by rapheal5(m): 12:39pm On Mar 05 |
Wetin surprise me pass na garri, nothing wey them dey import for garri production...listen to my new track Ebi npa wa https://audiomack.com/el-raphel/song/hardship-ebi-npa-wa |
Re: Greedy Seller's Sudden Increase Sparks Tension (video) by Donchieli: 12:40pm On Mar 05 |
The seller is the only thief here Is the buyer the reason he is ignorant of current prices? Besides it is called market survey, we all look forward to getting goods at the best price convenient to us And if the shop sells lesser than others and I suppose to go back to who sells at a higher price when they definitely offer the same quality OlujobaSamuel: 1 Like |
Re: Greedy Seller's Sudden Increase Sparks Tension (video) by Luckysbab: 12:43pm On Mar 05 |
omoredia: Just shut up and stop fooling yourself. It's bad leaders that caused a 25% increase within 2 hours? This lazy mentality of always blaming the government for individual misdemeanors should stop. 3 Likes |
Re: Greedy Seller's Sudden Increase Sparks Tension (video) by adioolayi(m): 12:44pm On Mar 05 |
I agree.. NGN 1 as of now, may not be the same as NGN 1 two hours ago.. The transactions has been completed the moment the buyer pays for the goods and receipt issued. Since the seller is trying to say the price as increased, this is non of the business of the buyer especially on goods already paid for. If the seller wants to be mad and insisted on refunding the money already paid by the buyer...the buyer can also claim interests on the money in the sellers hand 2 Likes |
Re: Greedy Seller's Sudden Increase Sparks Tension (video) by wisestman(m): 12:45pm On Mar 05 |
SoNature: It's still the same, he will still sell at a higher price after he refunds this buyer's money. I believe he will offer a refund if he doesn't want to sell. That's what most sellers do and we have experienced same. Buy you goods and carry it away or atlases to one corner |
Re: Greedy Seller's Sudden Increase Sparks Tension (video) by ObalendeCMS: 12:45pm On Mar 05 |
All these wicked ibo sellers thinking they are doing others. 2 Likes |
Re: Greedy Seller's Sudden Increase Sparks Tension (video) by qtx(m): 12:46pm On Mar 05 |
Gistmedia10:When dem tell una say make una vote wisely, una say him build legos. lol. him don de biuld naija for una na . |
Re: Greedy Seller's Sudden Increase Sparks Tension (video) by OlujobaSamuel: 12:46pm On Mar 05 |
Donchieli:I have a buyer, anytime I see him, I know there is hike in price, even if he already pays and I'm not aware, immediately I know he is the one, I will tell my salesgirl to tell him to pay the new price or he gets his fund back. The seller's profit might just be 100k from that 400k, so he should use his personal fund or borrowing to fill the shortage. In business, no one comes back to thank you for selling it cheap |
Re: Greedy Seller's Sudden Increase Sparks Tension (video) by theadeola(m): 12:46pm On Mar 05 |
wisestman: Really? Buyer has already paid. Price increase is no longer the buyer's business. If it was just an agreement and no payment, it's a different case. Not when payment has been made. |
Re: Greedy Seller's Sudden Increase Sparks Tension (video) by Luckysbab: 12:46pm On Mar 05 |
wisestman: After going to arrange to hire a vehicle to carry the items? Who pays for that? You? It's more appalling to see you lay claim to being an investment expert. 2 Likes 1 Share |
Re: Greedy Seller's Sudden Increase Sparks Tension (video) by easzypeaszy(m): 12:47pm On Mar 05 |
VeryWickedMan:u think everyone is as foolish as u. Uneducated pig like u 1 Like |
Re: Greedy Seller's Sudden Increase Sparks Tension (video) by dominique(f): 12:48pm On Mar 05 |
OlujobaSamuel: This occured to me but if this was the case, the buyer would have gone with his vehicle to transport the goods immediately before the seller catches on. |
Re: Greedy Seller's Sudden Increase Sparks Tension (video) by tonicyril: 12:48pm On Mar 05 |
OlujobaSamuel: Hmmmm But what is actually responsible for the sudden hike in price of every commodities?? Even cash crops are not excluded, this time last year cocoa was just around 1300 per kilo, today its around 9500 per kilo...kilodeeeeee |
Re: Greedy Seller's Sudden Increase Sparks Tension (video) by Omoapena(m): 12:48pm On Mar 05 |
VeryWickedMan: Nah naija we dey now, I no fit come run loss cox you pay for the goods oš¤£š¤£š¤£ Seller don call him supplier and that one don put money for the price, how seller wan take restock when buyer dey buy am below the current price, make buyer sef go vex for government wey no stabilize our money..... |
Re: Greedy Seller's Sudden Increase Sparks Tension (video) by Omoapena(m): 12:49pm On Mar 05 |
dominique: . |
Re: Greedy Seller's Sudden Increase Sparks Tension (video) by Daystar7: 12:49pm On Mar 05 |
The comments here clearly shows that Seun is breeding kids and illiterates on this forum. This is business. I'm not in business to loose. If my distro calls me to inform me about the hike in price of my consignment,what I'll do is to break it into the ones I have already in stock so I'll have the capital to get new consignment. The profits from the previous consignment has vanished with the hike so what do you expect I do? Some people in business get consignments from their distro on credit esp those that deal on imported consignments. Do you know how many importers Tinubu ruined their lives in the space of 6 months? Imagine running loss on a consignment you got on credit, how do you go about it? Loan is suicidal esp with hike in interest rate. Una just funny, now if the man has paid already and has collected receipts then I don't and won't consider it my goods anymore but his but if he made part payment then it's still mine and he'll have to either pay or ask for a refund and take his business elsewhere. I did tomato and Onion business during my youth service and that business is one of the most riskiest business ever. The price fluctuates in hrs, it can make you an overnight success or failure and nobody cares. Business is business. If he's got receipt of his purchase let him go to the nearest police station and it will be resolved but if not he should kindly pay up or ask for a refund and take his business elsewhere 1 Like 1 Share |
Re: Greedy Seller's Sudden Increase Sparks Tension (video) by Harddiskng(m): 12:49pm On Mar 05 |
Later some would say āit is the governmentā. It is the government that did what naa. The problem of Nigeria is Nigerians. 1 Like |
Re: Greedy Seller's Sudden Increase Sparks Tension (video) by omoredia: 12:49pm On Mar 05 |
Luckysbab: Who removed subsidy and who is still paying subsidy? U must be insane! The greatest threat to national security is a government that cannot be trusted! |
Re: Greedy Seller's Sudden Increase Sparks Tension (video) by SoNature(m): 12:50pm On Mar 05 |
wisestman: No, it's not the same thing. If he sells below the current selling price (from his source), he will practically run out of business because he won't have enough money to restock Sellers sell to buyers and restock later. You can only sell something below its selling price if you don't wish to return to business again. |
Re: Greedy Seller's Sudden Increase Sparks Tension (video) by omoredia: 12:51pm On Mar 05 |
Xammie001: Who said subsidy is gone but is still paying subsidy? A lawless government will promote more lawlessness. |
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