Matt Colvin is the third-party Amazon merchant from Tennessee who stockpiled approximately 18,000 bottles of hand sanitizer at the beginning of the U.S. coronavirus outbreak with the intention of selling them on the website.
Colvin quickly sold 300 bottles for $8 to $70 apiece, which is far beyond the normal cost for a bottle of hand sanitizer. But the day after those sales, Amazon suspended his account on the basis that his prices violated the website’s policy (more on that below).
That left Colvin with 17,700 hand sanitizer bottles he couldn’t sell online. He told the New York Times, “It’s been a huge amount of whiplash. From being in a situation where what I’ve got coming and going could potentially put my family in a really good place financially to ‘What the heck am I going to do with all of this?'” He later said he planned to donate the supplies.
Profiteering idiot fails at arbitrage
Honestly you people laugh at toilet paper hoarders, but you really dont have enough toilet paper yourselves. The average person uses 1 roll per day. If you have a family of 4, that's 28 rolls a week. Over 100 a month. TP rolls will be worth their weight in gold in a few months, because everyone needs it.
>1 roll per day
“We believe our role serving customers and the community during this time is a critical one, and we want to make sure people can get the items they need, when they need them. People may shop online at a greater rate due to the way COVID-19 spreads, so we are working to ensure that demand is met and, as always, if anything changes with our ability to meet a customer promise we will communicate directly with the impacted customer.
We’re also working to ensure that no one artificially raises prices on basic need products during this pandemic and have blocked or removed tens of thousands of items, in line with our long-standing policy. We actively monitor our store and remove offers that violate our policy.”
Why in the fuck would you pay $70 for a bottle of hand sanitizer? Just wash your hands in vodka at that point.
jew with diarrhea has entered the thread
>newfag
this pasta is killing me
Sounds like good practice. These
price gouging fuckers are honorary kikes.
eat shit capitalist
What a faggot.
That's genius! You don't have to wipe your ass if your poop already has toilet paper in it.
I just smear peanut butter on my asshole and have my dog lick it off
>What the heck am I going to do with all of this?
He is clearly the real victim here.
The piece of shit from Tennessee if he had any intelligence could have just marked up each bottle .50 cents or $1 stating handling and storage fees and Amazon would not have removed the listing. Could have easily profited 100% of his initial investment.
This is why we're running low on toilet paper.
Can't he try selling it at a reasonable price?
>set up a capitalist system
>Punish and mock people when they try to profit within the system
Capitalism for me but not for thee
Get back to your wage cage, goy
He could but he's greedy like his kike overlords
This has to be bait.
>needs
lol, if this what you niggers think you "need" its gonna be interesting when the shit really hits the fan.
“There’s a crushing overwhelming demand in certain cities right now,” he said. “The Dollar General in the middle of nowhere outside of Lexington, Kentucky, doesn’t have that.”
He thought about it more.
“I honestly feel like it’s a public service,” he added. “I’m being paid for my public service.”
>weeks earlier he was the one who emptied out the store in the middle of nowhere
Supply and demand, people will buy whatever it is worth to them. Nobody is holding a gun to their head making them. Amazon is actually denying people things they need by suspending this guy. Fucken Amazon kikes dont want others to make a profit. That's how kike capitalism works.
oh look its this non argument again
Its a copypasta that still works in most of the posts for some reason.
>It’s been a huge amount of whiplash. From being in a situation where what I’ve got coming and going could potentially put my family in a really good place financially to ‘What the heck am I going to do with all of this?'
Rekt
Fuckingbased amazon get fucked
This. Greedy fucking cunt.
This. He got greedy and it bit him in the ass.
What did he do wrong?
He foresaw a need in the market and stocked up on supply
>NONONO THATS IMMORAL PEOPLE NEED SOAP
uh huh... What about the people getting gouged on medication, hospital care, etc? It's okay when large institutions do it, but not individuals ?
The judaized mentality of capitalists.
This.
>Amazon: "Ree, capitalism bad"
The fucking gaul of these kikes. Can't have the goyim copying their own business practice I suppose.
My favorite new pasta.
needs to be 70% alcohol to be effective
What kind of fat fuck needs a roll of toilet paper a day, stop eating every meal at Golden Coral.
So Amazon is blocking distribution of vital supplies in the time of an emergency?
>the only place I know where to sell in amazon
????
>Nobody is holding a gun to their head making them
This is the closest you can get, buying up entire supplies the second they hit the shelves and giving consumers no alternatives. This is why monopolies are dismantled.
At least he can be assured now that he has 0% jewish genes.
He literally lives 15 mins from me in Hixson, might go buy some shit from him.
The government didn't stop him from selling them, Amazon did. According to the libertarian argument, as a private company, Amazon has every right to choose what is and isn't sold on its platform. The dude can still sell purell out of his garage if he wants. What do you propose -- government regulation coercing amazon into not banning people from their platform? Not a very libertarian solution, now is it?
One roll a day ? What the fuck
He could sell through other means. There are more ways than just amazon. But honestly, fuck this guy and his faggotry
>The average person uses 1 roll per day.
no
Couldn't he just drive around selling it?
Its a copypasta, its recurring in every thread. Reactions are priceless tho.
More work (I) buys the cheapest ass wiper out there. It literally tears when you wipe and you get shit on your finger/s if you don’t use 10+ sheets.
I don’t care so much bc I usually shit at home before leaving for work. I buy it online and get it delivered to work. We have our own manufacturing plant in Au and I hope it’s the shit tier quality brand I currently buy bc cunts are thieving most of it now so they can continue to go weeks without showering the dirty fucks.
Who the duck uses only one roll per day? I normally shit 5-6 times a day. I use a minimum of 1/2 a roll per shit. But that is for a shit with ideal consistency. Usually closer to 2 rolls. Someone don’t clean their ass right if you only burning through one.
This.
Why does he dress like a child?
Nah you are making it too obvious like that, stick to the script.
I sold 8 n95 masks on ebay for a total profit of $150. I knew Amazon would have shut me down. That kike Bezos doesn't like it when poor people start to get ahead in life.
I knew these threads were just copy pastas
You're all faggots
seen this 3 times already you absolute retard.
kys faggot
>product x is too expensive because of socioeconomic factors
1955 solution: sell competing product Y for cheaper and make bank
2020 solution: EVERY ONE OF THOSE OVERPRICED ITEMS NO LONGER EXISTS TO US. YOU CAN'T HURT ME IF I DON'T ACKNOWLEDGE YOU
Good fuck that profiteering juden, hope he’ll go broke because of that
>no link
you are a no-effort newfag aintcha
Good points
Big this
this
He deserves a bullet along with anyone else who thinks it's okay to do that.
he's saying the stores he cleaned out didn't have the panic buyers, so his plan was to relocate goods from bumfuck nowhere to big cities, and be paid for the effort. if people didn't buy at $70 he'd sell at cheaper rates
this is just the usual censorship and silencing of someone deemed to be going against the (((grain)))
>vital supplies
soap and water exists
Toilet paper hoarders are the worst.
They want to profiteer while you are
begging to "spare a square".
the standard retail/wholesale model is you sell it for twice what you paid for it. If he bought it for a retail price from a retail supplier, he should be able to sell it for double that price -esp. since hand sanitizer is really a vanity purchase b/c it does a shit job of stopping the spread of corona and government officials have been saying that fact repeatedly.
The fucked up thing is no one every goes after shit like markups on stocks for the general public or jewelry (diamond markups) or predatory loans (payday, credit card, student) when they are far worse at gouging and hurt the public far worse. Hell, even Amazon's standard operating business practices hurt our society far worse.
Considering the actually effectiveness of hand sanitizer, it should be viewed about the same as some jewler retail selling a diamond ring.