Thursday, August 04, 2005
Suggested Retail Price
We all know that a "suggested retail price" is a retailer's
dream....They would like to charge all their customers this
listed price and make the great profits which go along with
the "suggested retail".....
Today I purchased a 2006 calendar which was printed in
China....Sale price was $1.00 plus tax....On the back of the
calendar was printed the following.....Suggested Retail Price
US $9.95 CAN $13.95.......
This pricing even goes against my "mark-up" theory.....I
suspect that the retailer even made $0.50 profit on the
sale of each calendar, if not more....Oh, by the way, it was
a nice calendar to boot.....Proves once more that you have
to know an item's "true" value.....Pumps
dream....They would like to charge all their customers this
listed price and make the great profits which go along with
the "suggested retail".....
Today I purchased a 2006 calendar which was printed in
China....Sale price was $1.00 plus tax....On the back of the
calendar was printed the following.....Suggested Retail Price
US $9.95 CAN $13.95.......
This pricing even goes against my "mark-up" theory.....I
suspect that the retailer even made $0.50 profit on the
sale of each calendar, if not more....Oh, by the way, it was
a nice calendar to boot.....Proves once more that you have
to know an item's "true" value.....Pumps
# posted by Pumps @ 3:40 PM 
