Do some arithmetic. $500 a second isn't that much if you have thousands and thousands of stores with lines at the cash registers. Have you ever seen a time when there was NOT a line at the checkouts? I sure haven't.
Then there is that economy of scale. For sure, mom&pop will pay more for a given item. But, to the tune of a thousand percent markup at the Wal-Mart? Sorry, I just can't swallow that. It just doesn't work for me.
Just as an example, there is a product that I use every day. I buy it at Wal-Mart because it costs about 10% less there. CVS and Rite-Aid have that same product for a bit more money. Both CVS and Rite-Aid could muster near the same buying power as WM. If markups were in the 1000% range, that would mean that the product would be costing Wal-Mart about $.005 each. That would not even pay for the packaging, let alone the product REGARDLESS OF VOLUME! No manufacturer could stay in business for long selling that cheaply!
I think you would be hard pressed to find any items with the kind of markups that you say. Typical retail is usually around 100% desired with "loss leaders" a bit closer to being sold at or near cost.
Now, with all due respect, I do enjoy some of the finer things in life - like sleeping indoors and even occasionally eating a meal. But the day I have to overcharge a customer to stay open would be the day I would find another line of work.
Upload one or more videos to your post. Photo and video filesizes should be less than 5MB. Formats allowed are gif, jpg, png, ogg, mp4, mov, and avi. Be sure to use filenames without spaces or special characters, and filetypes of 3 digits lower case.
We sell tractor parts! We have the parts you need to repair your tractor - the right parts. Our low prices and years of research make us your best choice when you need parts. Shop Online Today. [ About Us ]
Today's Featured Article - 12-Volt Conversions for 4-Cylinder Ford 2000 & 4000 Tractors - by Tommy Duvall. After two summers of having to park my old 1964 model 4000 gas 4 cyl. on a hill just in case the 6 volt system, for whatever reason, would not crank her, I decided to try the 12 volt conversion. After some research of convert or not, I decided to go ahead, the main reason being that this tractor was a working tractor, not a show tractor (yet). I did keep everything I replaced for the day I do want to restore her to showroom condition.
... [Read Article]
Latest Ad:
1964 I-H 140 tractor with cultivators and sidedresser. Starts and runs good. Asking 2650. CALL RON AT 502-319-1952
[More Ads]
All Rights Reserved. Reproduction of any part of this website, including design and content, without written permission is strictly prohibited. Trade Marks and Trade Names contained and used in this Website are those of others, and are used in this Website in a descriptive sense to refer to the products of others. Use of this Web site constitutes acceptance of our User Agreement and Privacy Policy
TRADEMARK DISCLAIMER: Tradenames and Trademarks referred to within Yesterday's Tractor Co. products and within the Yesterday's Tractor Co. websites are the property of their respective trademark holders. None of these trademark holders are affiliated with Yesterday's Tractor Co., our products, or our website nor are we sponsored by them. John Deere and its logos are the registered trademarks of the John Deere Corporation. Agco, Agco Allis, White, Massey Ferguson and their logos are the registered trademarks of AGCO Corporation. Case, Case-IH, Farmall, International Harvester, New Holland and their logos are registered trademarks of CNH Global N.V.