Thursday, October 13, 2011
eBay's insane markups on Target merchandise
The New York Times published an interesting article yesterday about the insane markups (resulting in huge profits) by eBay sellers on Target's Missoni line. The article also points out similar profits garnered by other past Target designer collabs, as well as designer lines at other retailers such as Jimmy Choo for H&M. Some eBay sellers are routinely making a 300% profit on the items they resell. Case in point: this Missoni for Target bicycle, which retailed for $399.99 but has sold for as much as $1,279.95 on eBay.