- Location
- Guelph, Ontario
What a Crock... gunstores are not used car lots... and they don't mark anything up 40%.
I suggest to you that trying to haggle prices like your buying a used car in a reputable gunstore will get you the bums rush
First of all I never said that the rifles were marked up 40% I said they were marked up more than 5%. If you honestly believe what you wrote up there then I have some great swampland in Florida to offer you; but dont worry the markup is only 2%.
Being that you are in purchasing, you should know that different products, business lines, and units have different markups based on product volume, market penatration, area demographic etc. Even crappy tire's prices change from market to market.
Being that you are in purchasing, how much money does your store make on Milk? Eggs? Butter? three Items that most grocery stores take a hit on just to get people into their stores.
Different products have different margins... and if you were ACTUALLY in purchasing, you'd likely have known that upfront...
And yes Darryl because I am in purchasing I do recognize that different products have different levels of markup. A gas station is a good example. Gas has a small markup at the pump but they make their money on the thousands of litres they sell a day; however the low volume items in the kiosks have huge mark ups. I expect that the same situation exists in this case where the ammo a gun store has the lowest markup since they are likely to move higher volumes of it. Where as the rifles/shotguns that can sit on the shelf for prolonged periods of time will have a much higher markup to support their long inventory life.