Sunday, April 10, 2011

Actually Store Pricing

In talking about pricing during class, I began to think back to all the stores I worked for.  I thought, we pay so much for shoes, hats, shirts, accessories, etc.  But do we really know how much these products costs for the retail store?  When I worked for Finishline, I learned a lot about how much we make for certain products.  A can of waterproofer sells for $5.00 in the store, however, each can costs .25 (cents).  The boxes come in sets of 20 ($4.00/$100.00).  Also the shoes we buy, usually sell for $80-130.  Even with our employee discount (30%), the companies are still making $30-50 a shoe.  I really feel that with the abundance of products and people wanting to purchase these products that our society could learn to drop prices on things and still make a profit and be happy.

Do you feel things are too overpriced?

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