04-10-2008, 09:00am
DAD Wrote:Yeah, that's true for many items. But there are also many which are blatently over priced.
I have a product I sell. Bunnings also sell the exact same item. Infact I buy mine from the same manufacturer that Bunnings buys from.
And yes I pay more for mine because I do not have the volume of Bunnings.
Bunnings sells this item for AU$29.95ea
I sell the same item at 100% profit for AU$3.15
So who's ripping who ????
What the Hell!
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I know a person who is the mgr of a Bunnings warehouse.
She tells me that Bunnings' absolute mimimum margin is 100%. Absolutely NOTHING, not even the stuff that's on supa-duper special or clearance items, goes out the door for less than 100% profit.
And if they can get more they will.