Subject:
|
Help me understand retail sales...
|
Newsgroups:
|
lugnet.market.theory
|
Date:
|
Fri, 11 Feb 2000 23:48:21 GMT
|
Viewed:
|
541 times
|
| |
| |
Hey y'all:
I have read where some people here on Lugnet claim not to get excited about
anything less than a full 40% off sale. And I don't doubt that people do
occasionally get sales of even up to 75% off original price on Lego sets.
Here is what I don't get: how does a store manage to afford such a sale?
Up to this point it would have been my understanding and expectation that a
retail store paid between %35-50 of suggested retail price for everything they
sell. If this isn't the case, what is my mistaken assumption and what is the
truth of it instead? Are stores actually clearancing at a loss because they
make up for it by selling in quantity beforehand at full retail price?
Alternatively, does a chainstore like TRU actually buy at less than 25% full
retail on a given toy?
I should probably know how this works already, but I happen never to have
worked at any kind of retail so I lack any kind of insider information on the
subject. Nor have I taken any marketing courses, ever!
So DO tell...
Thanks in advance,
Richard
|
|
Message has 2 Replies: | | Re: Help me understand retail sales...
|
| Richard Marchetti wrote in message ... (...) Actually, up to at least 95% off (the adventurer's blimp set which went for $1 at some Wal-Marts). (...) they (...) the (...) they (...) full (...) the (...) There are several costs to a store for (...) (25 years ago, 12-Feb-00, to lugnet.market.theory)
|
5 Messages in This Thread:
- Entire Thread on One Page:
- Nested:
All | Brief | Compact | Dots
Linear:
All | Brief | Compact
|
|
|
|