I think one thing that isn't considered is the role of "semi-flipper" for lack of a better term. I feel like I've sort of come to fit into that mold, and I'll explain the rationale of it.
I've always collected only one type of merchandise from PJ, and that is shows that I have been too. The problem (for everyone) the last couple years has been that prices have been skyrocketing. I've been fortunate enough to attend shows that had awesome prints, but also screwed in that they are crazy hard to get and I refuse to waste four hours of my life standing in a line for anything, especially when even those people are getting shut out.
I've paid for plenty of prints on ebay at prices I would rather not have. I finally scored my first show print from a 10c sale (Milwaukee) this year at a normal price, but that rarely happens for me. That brings me to the "semi-flipper" idea. To compete (and not break my own bank), I find myself trying to grab some limited edition items, with the intention of trading those later to someone who has my item that I would normally pay too much for. I'm not flipping because I'm not trying to make money, but I am buying items simply because of their perceived higher value after they are sold out to try to make up for the inflated cost of items that I want in trade.
I think a lot of people are doing this. The whole Pearl Jam merchandise situation has become sort of a case study of sorts for me, it's very interesting to look at. I think this new role that I find myself fitting into probably has spread to many others as well though, which brings in even more buyers than just those who really want the item and those who want to flip it for the cash.
I think one thing that isn't considered is the role of "semi-flipper" for lack of a better term. I feel like I've sort of come to fit into that mold, and I'll explain the rationale of it.
I've always collected only one type of merchandise from PJ, and that is shows that I have been too. The problem (for everyone) the last couple years has been that prices have been skyrocketing. I've been fortunate enough to attend shows that had awesome prints, but also screwed in that they are crazy hard to get and I refuse to waste four hours of my life standing in a line for anything, especially when even those people are getting shut out.
I've paid for plenty of prints on ebay at prices I would rather not have. I finally scored my first show print from a 10c sale (Milwaukee) this year at a normal price, but that rarely happens for me. That brings me to the "semi-flipper" idea. To compete (and not break my own bank), I find myself trying to grab some limited edition items, with the intention of trading those later to someone who has my item that I would normally pay too much for. I'm not flipping because I'm not trying to make money, but I am buying items simply because of their perceived higher value after they are sold out.
I think a lot of people are doing this. The whole Pearl Jam merchandise situation has become sort of a case study of sorts for me, it's very interesting to look at. I think this new role that I find myself fitting into probably has spread to many others as well though, which brings in even more buyers than just those who really want the item and those who want to flip it for the cash.
good point. the market is inflated... you know the new stuff is gonna eventually get to insane prices and then you can trade for extra stuff. it happens.
2000- Atlanta, GA: New Orleans, LA: Memphis, TN: Nashville, TN
2003- Raleigh, NC: Charlotte, NC: Atlanta, GA
2004- Asheville, NC (hometown show)
2006- Cincinnati, OH
2008- Columbia, SC
2009- Chicago, IL x 2 / Ed Vedder- Atlanta, GA x 2
2010- Bristow, VA
2011- Alpine Valley, WI (PJ20) x 2 / Ed Vedder- Chicago, IL
2012- Atlanta, GA
2013- Charlotte, NC
2014- Cincinnati, OH
2015- New York, NY
2016- Greenville, SC: Hampton, VA:: Columbia, SC: Raleigh, NC : Lexington, KY: Philly, PA 2: (Wrigley) Chicago, IL x 2 (holy shit): Temple of the Dog- Philly, PA
I just wish they would make more. I'm in a group text with 4 other guys right now, and we all wanted this vinyl. Why limit it so much?
I totally believe they limit it to secure a high secondary market price. That way when they sell anything, it sells out immediately.
Uh... here's the thing about the secondary market: the band and organization don't generate a profit from its strength. I don't think that's a logical argument in favour of limited runs.
Sure they benefit, you saw it today. Their stuff sells out in seconds, and there is a huge pent up demand.
Dave Mathews represses DMB Live Trax 4 and it sits in his shop.
Do you think if PJ repressed some other limited release like the Coke Bottle Ten it would sit in the shop?
Again, I don't think you're understanding this. First-party sales generate profits for a manufacturer. Third-party sales do not, since the first-party sale has already occurred. Whether those same products re-sell for 10x original purchase price or 2000x makes ZERO difference to Pearl Jam/Ten Club.
Opting to be out of stock more often than long on stock is economical when your customers are going to come back again and again for new product. Doing the opposite might be perceived as great by your customers because they can always get what they're after, but your financial advisor is certainly going to criticize you for making the conscious decision to limit your inventory turnover. And, for the record, this band's products might be the only time I've ever seen a corporation criticized for managing their inventory turnover well.
I guess it depends on how you define "benefit". You attach revenue and profit to it. I'm not saying 10C goes this far, we're having a business discussion here that will bore everyone but...
A lot of brands limit their availability. That's what creates the demand for the brand.
Louie Vinton makes a $50,000 purse and only makes a few thousand of them so rich ladies can go bananas to get one.
Bentley will release a limited edition vehicle and only release 10 to the uber rich.
LV could release that same purse for $75,000 or release more and make more money like you say, but when they limit releases they create a frenzy to buy it and a brand that you better get in early to get it or you will miss out cause it's so sought after and there aren't enough to go around.
If they released enough for everyone, it wouldn't create urgency and no one would care or probably want to spend $50,000 on a stupid purse.
So now I am seeing in another thread that they aren't even gonna give us a shitty free MP3 download with our Vault purchase. BS, man. this whole day has left a really bad taste in my mouth. if it weren't for all the cool mfuckers on these boards. I would be out of here.
2000- Atlanta, GA: New Orleans, LA: Memphis, TN: Nashville, TN
2003- Raleigh, NC: Charlotte, NC: Atlanta, GA
2004- Asheville, NC (hometown show)
2006- Cincinnati, OH
2008- Columbia, SC
2009- Chicago, IL x 2 / Ed Vedder- Atlanta, GA x 2
2010- Bristow, VA
2011- Alpine Valley, WI (PJ20) x 2 / Ed Vedder- Chicago, IL
2012- Atlanta, GA
2013- Charlotte, NC
2014- Cincinnati, OH
2015- New York, NY
2016- Greenville, SC: Hampton, VA:: Columbia, SC: Raleigh, NC : Lexington, KY: Philly, PA 2: (Wrigley) Chicago, IL x 2 (holy shit): Temple of the Dog- Philly, PA
10c should buy it and see the sellers name then cancel their order/payment then ban that person.
actually just buy one of the seller's other items that's much cheaper...get the seller's paypal email address and everything if you want to get nuts...let's get nuts!
Glad to see some true fans got a few. Still think a lot of these went to flippers, but hey! capitalism doesn't discriminate. I just think it is BS that in this day and age you can't come up with a program to stop duplicate orders. I would've been fine if I hadn't gotten one, but to get an email saying that it was received then backordered then cancelled. not cool. feels like I'm in the *****house instead of the warehouse... getting done on all fours.
Try to consider this process from Ten Club's perspective. This is just a guess based on working on process management for a retail facility:
1) Product is put for sale at 10:00am. 2) Orders come in. Limits are not considered, but the assumption is that each order shall be privy to no more than one product copy. Orders are demarcated with a timestamp. 3) With the assumption that each customer order has a maximum of one valid product reservation, when the number of orders = the number of products available, the product is listed as out of stock. Unfortunately, credit card payments and the communication from the web front-end and the inventory management back-end DO have a certain amount of latency, and some orders will inevitably fail. Hence, if there are 500 products in stock, allow for 500*1.25 sales = 625 orders. 4) As orders are processed chronologically, the 'available' pool of product is diminished. If all 625 orders were valid, only the first 500 will be completed. If 40 credit card payments failed within the first 500, the 'standby' list is turned to, and orders 501-540 will be completed.
Without this 'standby' list, people would be forced to literally refresh over and over again, and as an order failed, it would be re-added to available inventory. This defeats the purpose of chronological allocation.
What could very easily be changed is the wording in the confirmation email. It should perhaps read that "We are now checking to ensure that there is sufficient inventory to fulfill your order. As soon as we have confirmed this, we will send you a follow-up email with the order's new status, and shipping details if necessary. We appreciate your patience, and hope to get back to you within the hour".
'05 - TO, '06 - TO 1, '08 - NYC 1 & 2, '09 - TO, Chi 1 & 2, '10 - Buffalo, NYC 1 & 2, '11 - TO 1 & 2, Hamilton, '13 - Buffalo, Brooklyn 1 & 2, '15 - Global Citizen, '16 - TO 1 & 2, Chi 2
EV
Toronto Film Festival 9/11/2007, '08 - Toronto 1 & 2, '09 - Albany 1, '11 - Chicago 1
I just wish they would make more. I'm in a group text with 4 other guys right now, and we all wanted this vinyl. Why limit it so much?
I totally believe they limit it to secure a high secondary market price. That way when they sell anything, it sells out immediately.
Uh... here's the thing about the secondary market: the band and organization don't generate a profit from its strength. I don't think that's a logical argument in favour of limited runs.
Sure they benefit, you saw it today. Their stuff sells out in seconds, and there is a huge pent up demand.
Dave Mathews represses DMB Live Trax 4 and it sits in his shop.
Do you think if PJ repressed some other limited release like the Coke Bottle Ten it would sit in the shop?
Again, I don't think you're understanding this. First-party sales generate profits for a manufacturer. Third-party sales do not, since the first-party sale has already occurred. Whether those same products re-sell for 10x original purchase price or 2000x makes ZERO difference to Pearl Jam/Ten Club.
Opting to be out of stock more often than long on stock is economical when your customers are going to come back again and again for new product. Doing the opposite might be perceived as great by your customers because they can always get what they're after, but your financial advisor is certainly going to criticize you for making the conscious decision to limit your inventory turnover. And, for the record, this band's products might be the only time I've ever seen a corporation criticized for managing their inventory turnover well.
I guess it depends on how you define "benefit". You attach revenue and profit to it. I'm not saying 10C goes this far, we're having a business discussion here that will bore everyone but...
A lot of brands limit their availability. That's what creates the demand for the brand.
Louie Vinton makes a $50,000 purse and only makes a few thousand of them so rich ladies can go bananas to get one.
Bentley will release a limited edition vehicle and only release 10 to the uber rich.
LV could release that same purse for $75,000 or release more and make more money like you say, but when they limit releases they create a frenzy to buy it and a brand that you better get in early to get it or you will miss out cause it's so sought after and there aren't enough to go around.
If they released enough for everyone, it wouldn't create urgency and no one would care or probably want to spend $50,000 on a stupid purse.
Sound familiar?
I agree completely. Kinda like my statement earlier. Why do artist only release 100 A/P when they could easily sell 500. Its not about the bottom line its about brand equity.
I just wish they would make more. I'm in a group text with 4 other guys right now, and we all wanted this vinyl. Why limit it so much?
I totally believe they limit it to secure a high secondary market price. That way when they sell anything, it sells out immediately.
Uh... here's the thing about the secondary market: the band and organization don't generate a profit from its strength. I don't think that's a logical argument in favour of limited runs.
Sure they benefit, you saw it today. Their stuff sells out in seconds, and there is a huge pent up demand.
Dave Mathews represses DMB Live Trax 4 and it sits in his shop.
Do you think if PJ repressed some other limited release like the Coke Bottle Ten it would sit in the shop?
Again, I don't think you're understanding this. First-party sales generate profits for a manufacturer. Third-party sales do not, since the first-party sale has already occurred. Whether those same products re-sell for 10x original purchase price or 2000x makes ZERO difference to Pearl Jam/Ten Club.
Opting to be out of stock more often than long on stock is economical when your customers are going to come back again and again for new product. Doing the opposite might be perceived as great by your customers because they can always get what they're after, but your financial advisor is certainly going to criticize you for making the conscious decision to limit your inventory turnover. And, for the record, this band's products might be the only time I've ever seen a corporation criticized for managing their inventory turnover well.
I guess it depends on how you define "benefit". You attach revenue and profit to it. I'm not saying 10C goes this far, we're having a business discussion here that will bore everyone but...
A lot of brands limit their availability. That's what creates the demand for the brand.
Louie Vinton makes a $50,000 purse and only makes a few thousand of them so rich ladies can go bananas to get one.
Bentley will release a limited edition vehicle and only release 10 to the uber rich.
LV could release that same purse for $75,000 or release more and make more money like you say, but when they limit releases they create a frenzy to buy it and a brand that you better get in early to get it or you will miss out cause it's so sought after and there aren't enough to go around.
If they released enough for everyone, it wouldn't create urgency and no one would care or probably want to spend $50,000 on a stupid purse.
Sound familiar?
I agree completely. Kinda like my statement earlier. Why do artist only release 100 A/P when they could easily sell 500. Its not about the bottom line its about brand equity.
Fair enough! Basically, they are defining their typical client as a 'serious collector', and catering to that. That makes a lot of sense to me.
'05 - TO, '06 - TO 1, '08 - NYC 1 & 2, '09 - TO, Chi 1 & 2, '10 - Buffalo, NYC 1 & 2, '11 - TO 1 & 2, Hamilton, '13 - Buffalo, Brooklyn 1 & 2, '15 - Global Citizen, '16 - TO 1 & 2, Chi 2
EV
Toronto Film Festival 9/11/2007, '08 - Toronto 1 & 2, '09 - Albany 1, '11 - Chicago 1
I was lucky. Got one as soon as it went up and didn't lose it when purchasing. Got the confirmation email at 18:02. Didn't receive the monthly 10c newsletter until 18:03 and it had sold out by then. My Order History shows warehouse.
I would not be surprised if another color is printed for sale here in the very near future, a la the Locomotive single. Buyers of Lavender not eligible to purchase the Crap Brown color edition.
Tom Brady & Donald Trump, BFF's Fuckus rules all Rob Seattle
Glad to see some true fans got a few. Still think a lot of these went to flippers, but hey! capitalism doesn't discriminate. I just think it is BS that in this day and age you can't come up with a program to stop duplicate orders. I would've been fine if I hadn't gotten one, but to get an email saying that it was received then backordered then cancelled. not cool. feels like I'm in the *****house instead of the warehouse... getting done on all fours.
Try to consider this process from Ten Club's perspective. This is just a guess based on working on process management for a retail facility:
1) Product is put for sale at 10:00am. 2) Orders come in. Limits are not considered, but the assumption is that each order shall be privy to no more than one product copy. Orders are demarcated with a timestamp. 3) With the assumption that each customer order has a maximum of one valid product reservation, when the number of orders = the number of products available, the product is listed as out of stock. Unfortunately, credit card payments and the communication from the web front-end and the inventory management back-end DO have a certain amount of latency, and some orders will inevitably fail. Hence, if there are 500 products in stock, allow for 500*1.25 sales = 625 orders. 4) As orders are processed chronologically, the 'available' pool of product is diminished. If all 625 orders were valid, only the first 500 will be completed. If 40 credit card payments failed within the first 500, the 'standby' list is turned to, and orders 501-540 will be completed.
Without this 'standby' list, people would be forced to literally refresh over and over again, and as an order failed, it would be re-added to available inventory. This defeats the purpose of chronological allocation.
What could very easily be changed is the wording in the confirmation email. It should perhaps read that "We are now checking to ensure that there is sufficient inventory to fulfill your order. As soon as we have confirmed this, we will send you a follow-up email with the order's new status, and shipping details if necessary. We appreciate your patience, and hope to get back to you within the hour".
If that is in fact the case in regards to their system then I would be fine with an email that is worded like the one you suggest. Otherwise, they need to go back to the ticketbastard method of releasing them when the cart/item expires.
2000- Atlanta, GA: New Orleans, LA: Memphis, TN: Nashville, TN
2003- Raleigh, NC: Charlotte, NC: Atlanta, GA
2004- Asheville, NC (hometown show)
2006- Cincinnati, OH
2008- Columbia, SC
2009- Chicago, IL x 2 / Ed Vedder- Atlanta, GA x 2
2010- Bristow, VA
2011- Alpine Valley, WI (PJ20) x 2 / Ed Vedder- Chicago, IL
2012- Atlanta, GA
2013- Charlotte, NC
2014- Cincinnati, OH
2015- New York, NY
2016- Greenville, SC: Hampton, VA:: Columbia, SC: Raleigh, NC : Lexington, KY: Philly, PA 2: (Wrigley) Chicago, IL x 2 (holy shit): Temple of the Dog- Philly, PA
I agree with a lot of the comments here but one thing that hasn't been mentioned is that no Vinyl Films 10" has had more than 1000 copies pressed of an individual color. The first 3, Sun Kil Moon, Low, and Mono all had different colors pressed up to 1000 with other colors pressed in lower numbers. Those also had different colors pressed for Europe vs the US. The most recent 3 (McCready, Sun Kil Moon, & Eluvium) were all pressed around 400-500. VF used to work with Aural Exploits to sell their albums back when the higher numbers were being pressed and they no longer exist (thankfully). This may be part of the reason they've gone smaller.
None of the albums in this 10" series were ever meant to be pressed in numbers that could keep PJ fans content. It was always more of an exclusive thing. So don't point the finger at the band for this one. It's something that should be expected from VF.
The perfect fan then has to have a full huge bank account and no job, because they have to be online all the time to snag up the items they want or "need".
Please, Pearl Jam, consider a Benaroya Hall vinyl reissue!
Thinking about it a different way (if I ran the 10c and was a heartless business tycoon), if I wanted to make more profit, instead of releasing more of each item I would simply raise the retail price of each item.
I'm sure anyone who has been around for awhile can take a stab at what flippers will be asking for each item. So 10c could cut into that equity to make more profits. Meanwhile, Flippers would need more upfront capital to purchase the items with a lower ROI, and less flippers would mean more true collectors would get their hands on the item. It would be at a higher than normal retail price, but less than a typical flip purchase.
Of course, when you're talking about $15 vinyl records, I guess that upfront capital probably isn't too large of a concern, but just a thought. I'm sure 10c would take a beating for raising prices too though, so they are really screwed either way as far as some fans' perceptions about their merch strategy.
The only real solution is to not buy from flippers at their prices, but that won't ever happen. I'm as guilty as anyone when there is that one item I REALLY want.
I just wish they would make more. I'm in a group text with 4 other guys right now, and we all wanted this vinyl. Why limit it so much?
I totally believe they limit it to secure a high secondary market price. That way when they sell anything, it sells out immediately.
Uh... here's the thing about the secondary market: the band and organization don't generate a profit from its strength. I don't think that's a logical argument in favour of limited runs.
Sure they benefit, you saw it today. Their stuff sells out in seconds, and there is a huge pent up demand.
Dave Mathews represses DMB Live Trax 4 and it sits in his shop.
Do you think if PJ repressed some other limited release like the Coke Bottle Ten it would sit in the shop?
Again, I don't think you're understanding this. First-party sales generate profits for a manufacturer. Third-party sales do not, since the first-party sale has already occurred. Whether those same products re-sell for 10x original purchase price or 2000x makes ZERO difference to Pearl Jam/Ten Club.
Opting to be out of stock more often than long on stock is economical when your customers are going to come back again and again for new product. Doing the opposite might be perceived as great by your customers because they can always get what they're after, but your financial advisor is certainly going to criticize you for making the conscious decision to limit your inventory turnover. And, for the record, this band's products might be the only time I've ever seen a corporation criticized for managing their inventory turnover well.
I guess it depends on how you define "benefit". You attach revenue and profit to it. I'm not saying 10C goes this far, we're having a business discussion here that will bore everyone but...
A lot of brands limit their availability. That's what creates the demand for the brand.
Louie Vinton makes a $50,000 purse and only makes a few thousand of them so rich ladies can go bananas to get one.
Bentley will release a limited edition vehicle and only release 10 to the uber rich.
LV could release that same purse for $75,000 or release more and make more money like you say, but when they limit releases they create a frenzy to buy it and a brand that you better get in early to get it or you will miss out cause it's so sought after and there aren't enough to go around.
If they released enough for everyone, it wouldn't create urgency and no one would care or probably want to spend $50,000 on a stupid purse.
Sound familiar?
I agree completely. Kinda like my statement earlier. Why do artist only release 100 A/P when they could easily sell 500. Its not about the bottom line its about brand equity.
$45 shipped to Canada? Well, least there's no Import charges. @-)
actually if customs see the insured value of $700 they will slap a fee on it, I got a poster last year for $100 and because it was insured for that value I got hit with customs fees. That being said they are hit and miss with what gets picked up, so it may go through without fees.
Oh, and despite the order cancelation, there is still a pending charge on my credit card. That's pretty shitty if you ask me.
It will drop off. A pending charge is just that...pending. You went thru the entire checkout process but your bank does not know yet that the order was canceled. It has nothing to do with 10C. It's just how CC companies work. Once your issuing bank sees that the transaction did not go to settlement, it will drop off your account. Most card processing terminals run their settlement batches in the evening or overnight, so you should see it drop off tomorrow or Friday.
What REALLY bugs me...At shows, they sell items outside... the items sell out outside, then they sell more inside.. So the people that have waited 5 hours outside the venue get shut out of stuff that they have more of inside, so they can move to a new line and wait hours to maybe get shut out... Why the hell they sell stuff outside is beyond me, sell the CONCERT SPECIFIC merch to people that are attending the damn show, with a ticket... Now, we have posters that sold out at the show, people are paying 3x cost, or more on ebay, the 10C will sell more online. They have NEVER disclosed how many show prints have been made, why not print up another 5,000 if the prints are hot... If they are against flipping, they could certainly keep printing more of the items, sold through their fan club, shit, donate some of the money to charity... It's not even a 2nd edition if they never disclose how many unsigned/NOT numbered show prints were made... Limited edition vinyl, limited edition posters, it's been happening for 50 years...
I was lucky. Got one as soon as it went up and didn't lose it when purchasing. Got the confirmation email at 18:02. Didn't receive the monthly 10c newsletter until 18:03 and it had sold out by then. My Order History shows warehouse.
I won't be selling or trading mine. The end.
I'm lucky I knew about this in advance. I wasn't sure of the time so I was refreshing on and off since 10am this morning. Got my confirmation e-mail at 1.01pm Got my newsletter at 1:39pm. Not as late as I usually get it. I've been known to get the newsletters up to 2 hours later.
"Rock and roll is something that can't be quantified, sometimes it's not even something you hear, but FEEL!" - Bob Lefsetz
I just wanted to listen to it... I'll wait for the digital rip...
6/27/98 - East Troy, WI
6/29/06 - Milwaukee, WI
9/25/11 - Vancouver, BC
11/4/12 - (Eddie Vedder) Phoenix, AZ
11/1/13 - New Orleans, LA
11/19/13 - Phoenix, AZ
11/21/13 - San Diego, CA
10/12/14 - Austin, TX
10/22/14 - Denver, CO
8/22/16 - Chicago, IL (Wrigley 2) 5/9/22 - Glendale, AZ 5/18/24 - Las Vegas, NV
Mines in the warehouse, order time 6.01, the MLB single was a good drill for not worrying when i had to re-enter my CC details I left it and 2 seconds later got the confirmation email. No cancellation email so far so looking good.
Hyde Park 25/06/10 MEN Arena 20-21/06/12 Leeds 08/07/14 Milton Keynes 11/07/14 Mexico City 28/11/15 EV London 6-7/6/17
I am boycotting buying any merch from the 10club until they clean up this shit. Hey, my Cubs boycott worked. They finally spent some $ on a good pitcher. )
2000- Atlanta, GA: New Orleans, LA: Memphis, TN: Nashville, TN
2003- Raleigh, NC: Charlotte, NC: Atlanta, GA
2004- Asheville, NC (hometown show)
2006- Cincinnati, OH
2008- Columbia, SC
2009- Chicago, IL x 2 / Ed Vedder- Atlanta, GA x 2
2010- Bristow, VA
2011- Alpine Valley, WI (PJ20) x 2 / Ed Vedder- Chicago, IL
2012- Atlanta, GA
2013- Charlotte, NC
2014- Cincinnati, OH
2015- New York, NY
2016- Greenville, SC: Hampton, VA:: Columbia, SC: Raleigh, NC : Lexington, KY: Philly, PA 2: (Wrigley) Chicago, IL x 2 (holy shit): Temple of the Dog- Philly, PA
who cares... it is all junk... that you dont need... 75% will get flipped... 20% will sit "collecting" dust... 5% will actually get played... 1% will get played multiple times
bunch of fucking suckers... these guys could sell a limited edition piece of shit, literally a piece of shit, and it would sell out in minutes lol
Comments
Ok, joking aside, yes I did.
I've always collected only one type of merchandise from PJ, and that is shows that I have been too. The problem (for everyone) the last couple years has been that prices have been skyrocketing. I've been fortunate enough to attend shows that had awesome prints, but also screwed in that they are crazy hard to get and I refuse to waste four hours of my life standing in a line for anything, especially when even those people are getting shut out.
I've paid for plenty of prints on ebay at prices I would rather not have. I finally scored my first show print from a 10c sale (Milwaukee) this year at a normal price, but that rarely happens for me. That brings me to the "semi-flipper" idea. To compete (and not break my own bank), I find myself trying to grab some limited edition items, with the intention of trading those later to someone who has my item that I would normally pay too much for. I'm not flipping because I'm not trying to make money, but I am buying items simply because of their perceived higher value after they are sold out to try to make up for the inflated cost of items that I want in trade.
I think a lot of people are doing this. The whole Pearl Jam merchandise situation has become sort of a case study of sorts for me, it's very interesting to look at. I think this new role that I find myself fitting into probably has spread to many others as well though, which brings in even more buyers than just those who really want the item and those who want to flip it for the cash.
the market is inflated... you know the new stuff is gonna eventually get to insane prices and then you can trade for extra stuff.
it happens.
livefootsteps.org/user/?usr=446
1995- New Orleans, LA : New Orleans, LA
1996- Charleston, SC
1998- Atlanta, GA: Birmingham, AL: Greenville, SC: Knoxville, TN
2000- Atlanta, GA: New Orleans, LA: Memphis, TN: Nashville, TN
2003- Raleigh, NC: Charlotte, NC: Atlanta, GA
2004- Asheville, NC (hometown show)
2006- Cincinnati, OH
2008- Columbia, SC
2009- Chicago, IL x 2 / Ed Vedder- Atlanta, GA x 2
2010- Bristow, VA
2011- Alpine Valley, WI (PJ20) x 2 / Ed Vedder- Chicago, IL
2012- Atlanta, GA
2013- Charlotte, NC
2014- Cincinnati, OH
2015- New York, NY
2016- Greenville, SC: Hampton, VA:: Columbia, SC: Raleigh, NC : Lexington, KY: Philly, PA 2: (Wrigley) Chicago, IL x 2 (holy shit): Temple of the Dog- Philly, PA
2017- ED VED- Louisville, KY
2018- Chicago, IL x2, Boston, MA x2
2020- Nashville, TN
2022- Smashville
2023- Austin, TX x2
2024- Baltimore
A lot of brands limit their availability. That's what creates the demand for the brand.
Louie Vinton makes a $50,000 purse and only makes a few thousand of them so rich ladies can go bananas to get one.
Bentley will release a limited edition vehicle and only release 10 to the uber rich.
LV could release that same purse for $75,000 or release more and make more money like you say, but when they limit releases they create a frenzy to buy it and a brand that you better get in early to get it or you will miss out cause it's so sought after and there aren't enough to go around.
If they released enough for everyone, it wouldn't create urgency and no one would care or probably want to spend $50,000 on a stupid purse.
Sound familiar?
livefootsteps.org/user/?usr=446
1995- New Orleans, LA : New Orleans, LA
1996- Charleston, SC
1998- Atlanta, GA: Birmingham, AL: Greenville, SC: Knoxville, TN
2000- Atlanta, GA: New Orleans, LA: Memphis, TN: Nashville, TN
2003- Raleigh, NC: Charlotte, NC: Atlanta, GA
2004- Asheville, NC (hometown show)
2006- Cincinnati, OH
2008- Columbia, SC
2009- Chicago, IL x 2 / Ed Vedder- Atlanta, GA x 2
2010- Bristow, VA
2011- Alpine Valley, WI (PJ20) x 2 / Ed Vedder- Chicago, IL
2012- Atlanta, GA
2013- Charlotte, NC
2014- Cincinnati, OH
2015- New York, NY
2016- Greenville, SC: Hampton, VA:: Columbia, SC: Raleigh, NC : Lexington, KY: Philly, PA 2: (Wrigley) Chicago, IL x 2 (holy shit): Temple of the Dog- Philly, PA
2017- ED VED- Louisville, KY
2018- Chicago, IL x2, Boston, MA x2
2020- Nashville, TN
2022- Smashville
2023- Austin, TX x2
2024- Baltimore
1) Product is put for sale at 10:00am.
2) Orders come in. Limits are not considered, but the assumption is that each order shall be privy to no more than one product copy. Orders are demarcated with a timestamp.
3) With the assumption that each customer order has a maximum of one valid product reservation, when the number of orders = the number of products available, the product is listed as out of stock. Unfortunately, credit card payments and the communication from the web front-end and the inventory management back-end DO have a certain amount of latency, and some orders will inevitably fail. Hence, if there are 500 products in stock, allow for 500*1.25 sales = 625 orders.
4) As orders are processed chronologically, the 'available' pool of product is diminished. If all 625 orders were valid, only the first 500 will be completed. If 40 credit card payments failed within the first 500, the 'standby' list is turned to, and orders 501-540 will be completed.
Without this 'standby' list, people would be forced to literally refresh over and over again, and as an order failed, it would be re-added to available inventory. This defeats the purpose of chronological allocation.
What could very easily be changed is the wording in the confirmation email. It should perhaps read that "We are now checking to ensure that there is sufficient inventory to fulfill your order. As soon as we have confirmed this, we will send you a follow-up email with the order's new status, and shipping details if necessary. We appreciate your patience, and hope to get back to you within the hour".
EV
Toronto Film Festival 9/11/2007, '08 - Toronto 1 & 2, '09 - Albany 1, '11 - Chicago 1
EV
Toronto Film Festival 9/11/2007, '08 - Toronto 1 & 2, '09 - Albany 1, '11 - Chicago 1
Fuckus rules all
Rob
Seattle
livefootsteps.org/user/?usr=446
1995- New Orleans, LA : New Orleans, LA
1996- Charleston, SC
1998- Atlanta, GA: Birmingham, AL: Greenville, SC: Knoxville, TN
2000- Atlanta, GA: New Orleans, LA: Memphis, TN: Nashville, TN
2003- Raleigh, NC: Charlotte, NC: Atlanta, GA
2004- Asheville, NC (hometown show)
2006- Cincinnati, OH
2008- Columbia, SC
2009- Chicago, IL x 2 / Ed Vedder- Atlanta, GA x 2
2010- Bristow, VA
2011- Alpine Valley, WI (PJ20) x 2 / Ed Vedder- Chicago, IL
2012- Atlanta, GA
2013- Charlotte, NC
2014- Cincinnati, OH
2015- New York, NY
2016- Greenville, SC: Hampton, VA:: Columbia, SC: Raleigh, NC : Lexington, KY: Philly, PA 2: (Wrigley) Chicago, IL x 2 (holy shit): Temple of the Dog- Philly, PA
2017- ED VED- Louisville, KY
2018- Chicago, IL x2, Boston, MA x2
2020- Nashville, TN
2022- Smashville
2023- Austin, TX x2
2024- Baltimore
None of the albums in this 10" series were ever meant to be pressed in numbers that could keep PJ fans content. It was always more of an exclusive thing. So don't point the finger at the band for this one. It's something that should be expected from VF.
I'm sure anyone who has been around for awhile can take a stab at what flippers will be asking for each item. So 10c could cut into that equity to make more profits. Meanwhile, Flippers would need more upfront capital to purchase the items with a lower ROI, and less flippers would mean more true collectors would get their hands on the item. It would be at a higher than normal retail price, but less than a typical flip purchase.
Of course, when you're talking about $15 vinyl records, I guess that upfront capital probably isn't too large of a concern, but just a thought. I'm sure 10c would take a beating for raising prices too though, so they are really screwed either way as far as some fans' perceptions about their merch strategy.
The only real solution is to not buy from flippers at their prices, but that won't ever happen. I'm as guilty as anyone when there is that one item I REALLY want.
Got my confirmation e-mail at 1.01pm
Got my newsletter at 1:39pm. Not as late as I usually get it. I've been known to get the newsletters up to 2 hours later.
What a bunch of bullshit.
I just wanted to listen to it... I'll wait for the digital rip...
6/29/06 - Milwaukee, WI
9/25/11 - Vancouver, BC
11/4/12 - (Eddie Vedder) Phoenix, AZ
11/1/13 - New Orleans, LA
11/19/13 - Phoenix, AZ
11/21/13 - San Diego, CA
10/12/14 - Austin, TX
10/22/14 - Denver, CO
8/22/16 - Chicago, IL (Wrigley 2)
5/9/22 - Glendale, AZ
5/18/24 - Las Vegas, NV
MEN Arena 20-21/06/12
Leeds 08/07/14
Milton Keynes 11/07/14
Mexico City 28/11/15
EV London 6-7/6/17
Hey, my Cubs boycott worked. They finally spent some $ on a good pitcher.
livefootsteps.org/user/?usr=446
1995- New Orleans, LA : New Orleans, LA
1996- Charleston, SC
1998- Atlanta, GA: Birmingham, AL: Greenville, SC: Knoxville, TN
2000- Atlanta, GA: New Orleans, LA: Memphis, TN: Nashville, TN
2003- Raleigh, NC: Charlotte, NC: Atlanta, GA
2004- Asheville, NC (hometown show)
2006- Cincinnati, OH
2008- Columbia, SC
2009- Chicago, IL x 2 / Ed Vedder- Atlanta, GA x 2
2010- Bristow, VA
2011- Alpine Valley, WI (PJ20) x 2 / Ed Vedder- Chicago, IL
2012- Atlanta, GA
2013- Charlotte, NC
2014- Cincinnati, OH
2015- New York, NY
2016- Greenville, SC: Hampton, VA:: Columbia, SC: Raleigh, NC : Lexington, KY: Philly, PA 2: (Wrigley) Chicago, IL x 2 (holy shit): Temple of the Dog- Philly, PA
2017- ED VED- Louisville, KY
2018- Chicago, IL x2, Boston, MA x2
2020- Nashville, TN
2022- Smashville
2023- Austin, TX x2
2024- Baltimore
bunch of fucking suckers... these guys could sell a limited edition piece of shit, literally a piece of shit, and it would sell out in minutes lol
are you here for the music, or to "collect"?