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Comments
i really wish this subject would stop coming up and people would stop branding shops as chancers or rip off merchants in these scenarios.
No, I don’t
All business has to work like this ;
It's just that you don't see that the Levis you just bought in the local shopping mall cost the retailer less than a quarter of what you paid and the wholesaler paid half that .
Overheads, VAT, Margin, Guarantee, all need to be taken into account
I can see why people would take that rather than have the hassle of dealing with a load of tyre kickers just to make a couple of hundred quid more.
It needs to show a saving against a new one so let' imagine it goes up for £1100
Joe punter walks in, says it's got a offers £1000 and they settle on £1050.
GG make £350 of which £70 goes to the treasury so they make £280.
Not exactly a huge amount of profit considering it might pay 4 members of staff pay for the day.
The more that close the less choice we have and the less competition they have.
That ultimately isn't good for us as consumers.
Would that happen if only one of them could supply the guitar.