It is my belief that "middle man profit" is the main reason products cost so much. I have a friend thats in the retail business and he says many things are priced 400% above what the manufacturer makes Of course I realise there are many contributing factors, such as shipping and handling--but 400%
I know that business owners have many operating expenses--insurance, loss to theft, just to name two, but Greed is the greatest inflation
Just the other day, I was at a BB store and found a defective item. I asked the assistant manager what discount he could give, and was surprised to buy the item for a fraction of the marked price. Out of curosity, I asked him how he could loose that amount of money and he just smiled. Was that his cost??
I just don't understand how many people pay to have an item repaired, serviced or built.
My wife has a friend who just paid $148 to have one additional phone jack installed! She stated they were there less then an hour.
One of my friends hired a contractor to build a large outdoor deck. The material cost $1,289 and his labor, for 5 days work, was $3,400. That worked to be over $70 per hour
Sad thing is--prices will never go down.
I know that business owners have many operating expenses--insurance, loss to theft, just to name two, but Greed is the greatest inflation
Just the other day, I was at a BB store and found a defective item. I asked the assistant manager what discount he could give, and was surprised to buy the item for a fraction of the marked price. Out of curosity, I asked him how he could loose that amount of money and he just smiled. Was that his cost??
I just don't understand how many people pay to have an item repaired, serviced or built.
My wife has a friend who just paid $148 to have one additional phone jack installed! She stated they were there less then an hour.
One of my friends hired a contractor to build a large outdoor deck. The material cost $1,289 and his labor, for 5 days work, was $3,400. That worked to be over $70 per hour
Sad thing is--prices will never go down.