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you are being stooged in every single product. once i checked what the profit margin on a 79c can of tomatos was and it was like 60%
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Apr 28, 2016 08:28
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Sheep-Goats posted:My Brit friend in Bangkok said standard retail markup is around 2x what you paid unless you were talking luxury items or jewelry or something then it's 4x retail is all about getting people in the door and spending as much time as possible inside the store. Plenty of items are "Loss leaders" meaning you sell them at a loss to make people come to your store instead of the other guys store. I could write pages about supermarket retail but who cares. Some luxury items such as perfume have markups in the 1000% range edit as far as distributor to store price and retail price its generally in the 10-25% range on the majority of things. Theres some ridiculous poo poo that goes on. a while ago all the laundry detergents got changed to double concentrate and had the bottles/boxes reduced greatly in size. Because of the change and confusion the 2 or 3 companies who supply those products were price fixing and making shitloads of money. The scenario kind of was 2L is now 800ml for the supposed effectiveness of 1.6L but the price went to double the previous 2L price. This is just a really rough example. They got away with it for like 2 years where a small box of laundry powder now cost $15 instead of $5 Isaac fucked around with this message at 08:50 on Apr 28, 2016 |
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Apr 28, 2016 08:45
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Wine is a huge market in australia and theres huge money being made taking 'cleanskin' wine that would normally sell for $3 retail and putting it in a really fun distinctive label and then selling it at $15. Big retail liquor in australia started doing this and sales have remained normal but profit went through the roof.
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Apr 28, 2016 08:53
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If you are an australian and you drink wine only ever buy things that are from a real winery when you are in BWS/Dans/First choice/ Coles liquor otherwise you are getting duped
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Apr 28, 2016 08:55
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