3 ms·
That counterargument only flies when sellers are repeatedly selling to get yet another upgrade. First time buyers rarely think about resale value. But giarc's
by usrusr 10y ago
That counterargument only flies when sellers are repeatedly selling to get yet another upgrade. First time buyers rarely think about resale value.
But giarc's point wasn't so much about resale value (despite his claims of the opposite), it was about an active second hand market due to (1) confused first time buyers and (2) a reputation of ruggedness.
It basically boils down to: more people buy gopros than there are people with a real usr car for them, this is why the second hand market exaggerates market saturation effects more than usual.
- mhb 10y agoI think you don't understand the point which I consider to be whether GoPro's profits are helped or hurt by a robust market for their used products. Whether or not GoPro generates more total sales as a result of their products' value in the used market, they are able to charge a higher price for new sales because of it. It may be that the higher price does not offset sales competition from used products, but that is another question.