New Sierra Bullet pricing.....Wholly Crap!

shorttrac

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Mid-west Ontario
At the LGS the other day and was picking up some .30 cal bullets for the aught 6. Noticed new stock Sierra 150 grain .30 cal 100 count box for $54.95. Almost puked right there in the store! Anyone else seen this or is this shop gouging?
 
Mind you I think the low Canadian dollar has something to do with it.

this is likely what the stores will use for the main reason on a price jump, which has some effect for sure but i don't know if it has that much of an effect. lebarons had winchester m22's for 45.99 a year ago, now they want $62.99.
 
I don't remember bullets dropping in price when CAD was 1.10$ Pretty sure if Ford raised there prices on a 50000$ truck, 10000$ that people would be outraged. Gouging, plain and simple as far as I'm concerned. Hate to see what premium bullets will cost now.
 
If companies loose profits, they adjust prices to compensate.
If companies find they increased profits, they'll try to hold on to those increases.
That's why prices go up quickly but go down slowly.

A perfect example of this is when oil price increases causes gas prices to increase instantly even before the oil at the higher prices could possibly have gotten to the pump. When oil prices drop, gas prices drop weeks later (assuming there wasn't another increase in oil prices before then).

Welcome to the free market.

Many smaller LGS' seem to be increases prices much more than many other stores. From what I've read here on CGN it's worst in Alberta. Many of the powders I buy at LeBarons have gone from $27 to $34 per pound. Small LGS' went from $30 to $50 per pound.

The further a store is from the supply source, the more price increases. Every wholesaler, importer, broker, and reseller needs to make a profit as the product moves along. A small increase in price at the source is multiplied to your LGS as the product moves through the supply chain. Many companies that import their own powders and reloading supplies from the US instead of relying on an importer or wholesaler have had relatively small increases in prices. The little guys get screwed from both sides; they have to pay more for the product and their customers give them crap for raising prices. I'm sure some LGS' artificially inflate prices but I'm sure many others don't and are just suffering from being at the end of the supply chain.
 
If companies loose profits, they adjust prices to compensate.
If companies find they increased profits, they'll try to hold on to those increases.
That's why prices go up quickly but go down slowly.

A perfect example of this is when oil price increases causes gas prices to increase instantly even before the oil at the higher prices could possibly have gotten to the pump. When oil prices drop, gas prices drop weeks later (assuming there wasn't another increase in oil prices before then).

Welcome to the free market.

Many smaller LGS' seem to be increases prices much more than many other stores. From what I've read here on CGN it's worst in Alberta. Many of the powders I buy at LeBarons have gone from $27 to $34 per pound. Small LGS' went from $30 to $50 per pound.

The further a store is from the supply source, the more price increases. Every wholesaler, importer, broker, and reseller needs to make a profit as the product moves along. A small increase in price at the source is multiplied to your LGS as the product moves through the supply chain. Many companies that import their own powders and reloading supplies from the US instead of relying on an importer or wholesaler have had relatively small increases in prices. The little guys get screwed from both sides; they have to pay more for the product and their customers give them crap for raising prices. I'm sure some LGS' artificially inflate prices but I'm sure many others don't and are just suffering from being at the end of the supply chain.

lose*
 
Funny how nobody is complaining on how bad we're getting shafted on the price of gasoline. $50 a barrel for crude and we're paying a buck at the pumps.
 
The big retailers can usually "eat" the increase in costs for a little while. A large retailer that I work for, corporately, hedged the Canuck buck (buying tons of Yankee) when we were at par so they can "carry" the difference now for maybe 6 to 8 months. Of course if our bucks stays in the trash can prices will rise eventually.

The little shop/independent probably can't do that to any extent so when the price from the supplier jumps, somebody has to pay for it.

I saw the wholesale price of (what was) a $700 "on the shelf" rifle jump by $280 - some of it the mfg rolling out their 2015 pricing and then the buck piling on top of it. So what was $699 is now $999 "if" I chose to bring any more in for sale (which won't happen unless someone puts the cash down first - will wait and see if things improve any and the price settles down a little - "not likely")

I could "blend" some prices or I can sell my current stock based on what was paid for it (which I do) or I could jack it all up to the "new price".

If I was a small shop, feeding the family and paying the rent on my sales, I may have the "jack" out....
 
Funny how nobody is complaining on how bad we're getting shafted on the price of gasoline. $50 a barrel for crude and we're paying a buck at the pumps.

Funny how that works the oil barons sell on the world market and our dollar is in the ditch..what other commodity does the supplier control the supply of :(
 
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