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Thread: Putting prices into perspective
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02-12-2019, 11:31 PM #1
Stefan, it may have slipped your attention, but I never mentioned MdC. Somebody else did. But it is nice to know that people with dissenting views are "trolls" to a moderator here. Classy, Stefan.
Or else what? But just for the record, it's Scottish Fine Soaps's outlet in Falkirk, Scotland.
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02-13-2019, 01:02 AM #2
I’m not a big fan of MDC myself Robin but then again no one asked me (or you) for an opinion on MDC. So to give an unsolicited opinion on a subjective topic which is known to evoke a strong emotional response IS the very definition of trolling.
To state your opinion in a way that will not offend everyone that disagrees with you is class and takes some time, humility and effort (for me anyways).
.What a curse be a dull razor; what a prideful comfort a sharp one
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02-14-2019, 12:07 AM #3
Oh, really?
Actually, it isn't. But, yes, there was an emotional knee jerk reaction from unsuspecting readers.
True. I found mainaman's response a bit over the top, too. But as I said, all is forgiven.
Back on topic, though, I find it interesting that no-one seems to be able to focus on the actual issue at hand, ie the difference in price between OEM and "brand" product. And do not get me wrong, these are first in tier products. Just imagine what the markup on made-from-Chinese-import-base-products stuff might be. PAA, anyone?
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02-14-2019, 01:08 PM #4
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02-14-2019, 01:17 PM #5
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02-14-2019, 02:29 PM #6
Regardless of brand, aren’t those who create something and get paid for it through their mark ups entitle to a profit? Otherwise I see us making our own soaps. I build things for a living and sell my labor, experience, and talent to a consumer. Does that mean I don’t deserve to be paid, because I can essentially produce it for free? I fail to follow your logic or motivation for starting this thread given the direction you’ve taken it. It brings nothing to the table.
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02-14-2019, 02:38 PM #7
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02-14-2019, 03:04 PM #8
I am always tempted by the easy math problems since the hard ones are out of my league so I'll give it a try
£1.90/5=£0.38~$.50ea
I'm not sure what's the bulk price that this store buys them at, so I'll assume half of it (hopefully I'm in the correct order of magnitude), i.e. both T&H and that shop in Scotland are paying £0.20 a puck. (Well may be due to the presumably larger volume T&H may be paying a bit less but then they have the additional cost of the paper box). So T&H has a 17/.20=8500% markup.
Of course, they have more expenses - their retail stores are in more expensive locations, their corporate overhead presumably larger than the Scottish shop and so on.
Of course, in our modern economy a 'brand' has a value - we as consumers apparently value it i.e. we are willing to pay for it and for what we perceive it brings on top of the actual product. Correspondingly the supply side spends money and effort (sometimes considerable) to develop brands and especially our perception of the high value of those brands.
In any case to me it's an interesting aspect of us humans - what is it we value and how we can sometimes extend it beyond what is justifiable and reasonable.
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02-14-2019, 03:32 PM #9
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02-14-2019, 04:02 PM #10
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Thanked: 4830Other than RobinK bragging about the fact he can find good soap crazy cheap, allegedly, and by comparison we all over pay for our soap, I do not understand what this thread is about. Are we all suppose to praise him for being such a good shopper while he chastises us for buying over priced soap? This is the most pointless thread I have ever read.
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