Welcome to the Second Life Forums Archive

These forums are CLOSED. Please visit the new forums HERE

mysupersales.com selling lindens for 6$ / 1K

blaze Spinnaker
1/2 Serious
Join date: 12 Aug 2004
Posts: 5,898
12-02-2004 12:50
http://www.mysupersales.com/MG/search.asp?gid=31&q=&sid=235&sort=2&imageField.x=47&imageField.y=18

I do love their quote:

From: someone

Everything is priced fairly (which is an averaged value based on the input of thousands of players).


From: someone

We strive to be the cheapest online Second Life store. We doubt there are any, but if you see another store with a better price please let us know and we will beat it.
_____________________
Taken from The last paragraph on pg. 16 of Cory Ondrejka's paper "Changing Realities: User Creation, Communication, and Innovation in Digital Worlds :

"User-created content takes the idea of leveraging player opinions a step further by allowing them to effectively prototype new ideas and features. Developers can then measure which new concepts most improve the products and incorporate them into the game in future patches."
blaze Spinnaker
1/2 Serious
Join date: 12 Aug 2004
Posts: 5,898
12-02-2004 12:54
And they are buying, too:

From: someone

We are currently paying $19.50 for 5 K L$ on the Second Life Main Server Server.


Hmm .. potential opportunity for arbitrage if GOM dips.

http://www.mysupersales.com/MG/curbuy.asp?gid=31
_____________________
Taken from The last paragraph on pg. 16 of Cory Ondrejka's paper "Changing Realities: User Creation, Communication, and Innovation in Digital Worlds :

"User-created content takes the idea of leveraging player opinions a step further by allowing them to effectively prototype new ideas and features. Developers can then measure which new concepts most improve the products and incorporate them into the game in future patches."
Artillo Fredericks
Friendly Orange Demon
Join date: 1 Jun 2004
Posts: 1,327
12-02-2004 13:14
kewl! Wonder who runs it
_____________________
"I, for one, am thouroughly entertained by the mass freakout." - Nephilaine Protagonist

--== www.artillodesign.com ==--
Ricky Zamboni
Private citizen
Join date: 4 Jun 2004
Posts: 1,080
12-02-2004 13:22
From: Artillo Fredericks
kewl! Wonder who runs it


Really?

MySuperSales is Jonathan Yantis' original site. It was purchased by IGE last year for an undisclosed (but reputedly high seven-figure) amount and basically became part of them. He's now emplyed as their VP - Strategy or somesuch. So, basically, MySuperSales is another entry point for buying from IGE. Kinda like buying a Mercury instead of a Ford -- you get basically the same product, and the money goes to the same place, but you'll pay a premium on one of them.
_____________________
blaze Spinnaker
1/2 Serious
Join date: 12 Aug 2004
Posts: 5,898
12-02-2004 13:27
Yes, typical business strategy. Multiple brands for the same product.

It lets you fine tune your marketing strategies to different target markets without creating confusion.
_____________________
Taken from The last paragraph on pg. 16 of Cory Ondrejka's paper "Changing Realities: User Creation, Communication, and Innovation in Digital Worlds :

"User-created content takes the idea of leveraging player opinions a step further by allowing them to effectively prototype new ideas and features. Developers can then measure which new concepts most improve the products and incorporate them into the game in future patches."
Alby Yellowknife
Sic Semper Tyrannis
Join date: 5 Jun 2004
Posts: 1,148
12-02-2004 21:49
Another IGE scam... Stick with GOM
Catherine Cotton
Tis Elfin
Join date: 2 Apr 2003
Posts: 3,001
12-03-2004 00:02
From: Ricky Zamboni
Really?

MySuperSales is Jonathan Yantis' original site. It was purchased by IGE last year for an undisclosed (but reputedly high seven-figure) amount and basically became part of them. He's now emplyed as their VP - Strategy or somesuch. So, basically, MySuperSales is another entry point for buying from IGE. Kinda like buying a Mercury instead of a Ford -- you get basically the same product, and the money goes to the same place, but you'll pay a premium on one of them.



7 figures very doubtful.
_____________________
Mortimer Rockwell
Second Life Resident
Join date: 13 Nov 2004
Posts: 3
12-03-2004 03:32
Seven figures is very reasonable. I used to sell currency for TSO a year ago. Many weeks I would make over 1K doing it part time. All I was doing was buying large blocks of currency from people I met on forums and then reselling on Ebay and through a web site. So I'm more than confident that IGE pulls in more than most people realize. It's an extremely profitable business.
Surina Skallagrimson
Queen of Amazon Nations
Join date: 19 Jun 2003
Posts: 941
12-03-2004 03:41
From: Ricky Zamboni
MySuperSales is Jonathan Yantis' original site. It was purchased by IGE last year for an undisclosed (but reputedly high seven-figure) amount and basically became part of them. He's now emplyed as their VP - Strategy or somesuch. So, basically, MySuperSales is another entry point for buying from IGE. Kinda like buying a Mercury instead of a Ford -- you get basically the same product, and the money goes to the same place, but you'll pay a premium on one of them.


Maybe this explains how IGE slipped down the leader board recently if they've been transfering L$ to a different account...
_____________________
--------------------------------------------------------
Surina Skallagrimson
Queen of Amazon Nation
Rizal Sports Mentor

--------------------------------------------------------
Philip Linden: "we are not in the game business."
Adam Savage: "I reject your reality and substitue my own."
Cristiano Midnight
Evil Snapshot Baron
Join date: 17 May 2003
Posts: 8,616
12-03-2004 11:38
From: Alby Yellowknife
Another IGE scam... Stick with GOM


How exactly is this a scam? I have never understood your animosity against IGE. If you are going to buy something, check into the prices of what you are buying - the burden is on the consumer. There is no scam involved.
_____________________
Cristiano


ANOmations - huge selection of high quality, low priced animations all $100L or less.

~SLUniverse.com~ SL's oldest and largest community site, featuring Snapzilla image sharing, forums, and much more.

Lordfly Digeridoo
Prim Orchestrator
Join date: 21 Jul 2003
Posts: 3,628
12-03-2004 13:44
From: Cristiano Midnight
How exactly is this a scam? I have never understood your animosity against IGE. If you are going to buy something, check into the prices of what you are buying - the burden is on the consumer. There is no scam involved.


Well, it's disingenuous at least... $6US/$L1000 is what the linden dollar was going at the height of the land boom.

If they were a reputable market, they'd lower their prices down to better levels.

LF
_____________________
----
http://www.lordfly.com/
http://www.twitter.com/lordfly
http://www.plurk.com/lordfly
Alby Yellowknife
Sic Semper Tyrannis
Join date: 5 Jun 2004
Posts: 1,148
12-03-2004 14:18
From: Cristiano Midnight
How exactly is this a scam? I have never understood your animosity against IGE. If you are going to buy something, check into the prices of what you are buying - the burden is on the consumer. There is no scam involved.




Silence!!! You talk to much.
blaze Spinnaker
1/2 Serious
Join date: 12 Aug 2004
Posts: 5,898
12-03-2004 15:39
From: someone

Silence!!! You talk to much.


Alby, the guy asks a great question.

Perhaps their overhead requires them to, or perhaps they need a fatter margin because their risk are greater. Or, perhaps they are simply smarter business men than those at GOM.

Why is IGE a scam? For a seemingly savvy business person, I find your perspective rather odd..
_____________________
Taken from The last paragraph on pg. 16 of Cory Ondrejka's paper "Changing Realities: User Creation, Communication, and Innovation in Digital Worlds :

"User-created content takes the idea of leveraging player opinions a step further by allowing them to effectively prototype new ideas and features. Developers can then measure which new concepts most improve the products and incorporate them into the game in future patches."
Lisse Livingston
Mentor/Instructor/Greeter
Join date: 16 May 2004
Posts: 1,130
12-03-2004 18:23
Oh, I love threads where half the posters are on *mute*
_____________________
Land Developer, Builder and Real Estate Agent
Come to my events!
Sundays at 10:00 am: Texturing Contest
Tuesdays at 5:00 pm: Land 101 and at 7:00 pm: Trivia
Thursdays at 7:00 pm: Land 101
Fridays at 7:00 pm: Primtionary
(Other events occasionally scheduled)
Read my LiveJournal!
Visit my Livingston Properties web site for your Real Estate and Building needs!
Alby Yellowknife
Sic Semper Tyrannis
Join date: 5 Jun 2004
Posts: 1,148
12-03-2004 19:56
From: blaze Spinnaker
Alby, the guy asks a great question.

Perhaps their overhead requires them to, or perhaps they need a fatter margin because their risk are greater. Or, perhaps they are simply smarter business men than those at GOM.

Why is IGE a scam? For a seemingly savvy business person, I find your perspective rather odd..




Because IGE dictates the prices to you, whereas on GOM, the "Market" sets the prices. And a system where the market sets the price than any one person or company will always be better for the buyer or seller.

As such, the IGE monkeys out there are always getting screwed because they are paying whatever IGE feels the price should be, whereas GOM folks always get the best price.
blaze Spinnaker
1/2 Serious
Join date: 12 Aug 2004
Posts: 5,898
12-03-2004 20:03
Well, IGE has an on-demand delivery as well. Don't you think that extra level of risk dictates a different pricing schedule?

Even if it didn't, a business is allowed to price as they see fit .. at least in a free market society.
_____________________
Taken from The last paragraph on pg. 16 of Cory Ondrejka's paper "Changing Realities: User Creation, Communication, and Innovation in Digital Worlds :

"User-created content takes the idea of leveraging player opinions a step further by allowing them to effectively prototype new ideas and features. Developers can then measure which new concepts most improve the products and incorporate them into the game in future patches."
Alby Yellowknife
Sic Semper Tyrannis
Join date: 5 Jun 2004
Posts: 1,148
12-03-2004 21:29
From: blaze Spinnaker
Well, IGE has an on-demand delivery as well. Don't you think that extra level of risk dictates a different pricing schedule?

Even if it didn't, a business is allowed to price as they see fit .. at least in a free market society.




Thats true Blaze, I agree 100%.. I'm just saying that IGE has a business model of being a Currency Retailer. Where their goal is to buy currency for as cheap as possible and resell it for as much as possible. Great for IGE, bad for the buyers/sellers.

GOM is 180 degrees in the other direction. They just create a trading platform and make commission on trades. GOM's only goal is to increase volume. The price of the currency is dictated by supply and demand in the market. So whatever price your paying "is" the market price. No middle man, no profit markup, just a pure trading floor where buyers and sellers meet.

See what I'm saying? IGE tacks on their profit margin to the currency your buying. So whatever your paying, it'll always be more than the market. Here is a perfect example right now at 12:25a EDT on 12-4-2004.

IGE: Buy L$5,000 for $22.46
GOM: Buy L$5,000 for $19.95


As you can see, you get the better deal on GOM. IGE's profit margin will never allow them to sell you L$ for less than market price. Because the second that would happen, folks would buy from IGE and sell on GOM for a profit. (ie: Arbitrage)