[ARCHIVED THREAD] - Price Gouging (Page 1 of 3)
Posted: 2/14/2009 9:39:34 PM EDT
| As a business owner, I understand the supply & demand theory of economics.However,what many gun dealers are doing today is criminal.For example, Shooters of America in Brunswick,GA just received a large shipment of LWRC rifles in various configurations.They are asking about $2600.00 per rifle.One of these rifles cost them a little over $1800.00.An $800.00 mark-up per rifle,seriously!This has to stop.We need to stop buying firearms from any dealer engaging in such practices.I don't want to hear about how difficult it is to get these rifles;LWRC is producing them as fast and furiously as they possibly can.The market will soon be flooded with these things.A fair price would be around $2100.00.We have to stop the madness. |
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Quoted: As a business owner, I understand the supply & demand theory of economics.However,what many gun dealers are doing today is criminal.For example, Shooters of America in Brunswick,GA just received a large shipment of LWRC rifles in various configurations.They are asking about $2600.00 per rifle.One of these rifles cost them a little over $1800.00.An $800.00 mark-up per rifle,seriously!This has to stop.We need to stop buying firearms from any dealer engaging in such practices.I don't want to hear about how difficult it is to get these rifles;LWRC is producing them as fast and furiously as they possibly can.The market will soon be flooded with these things.A fair price would be around $2100.00.We have to stop the madness. What will really be funny is when the idiot dealers who bought rifles at inflated prices keep them at those prices when the "era of gouging" has passed. You will be walking past the same tables at the same gunshows and see the same overpriced rifles not selling.  I can't wait! Of course, the dealers will be bitchin about how the Internet is responsible for ruining their businesses. |
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As a business owner, I understand the supply & demand theory of economics.However,what many gun dealers are doing today is criminal.For example, Shooters of America in Brunswick,GA just received a large shipment of LWRC rifles in various configurations.They are asking about $2600.00 per rifle.One of these rifles cost them a little over $1800.00.An $800.00 mark-up per rifle,seriously!This has to stop.We need to stop buying firearms from any dealer engaging in such practices.I don't want to hear about how difficult it is to get these rifles;LWRC is producing them as fast and furiously as they possibly can.The market will soon be flooded with these things.A fair price would be around $2100.00.We have to stop the madness. I put some parts of your statement in red, for a reason. |
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Maybe "gouging" isn't the word I am looking for.The fault actually lies with the idiots willing or should I say fighting to buy firearms at these inflated prices. I am angry because I wanted an LWRC but am not willing to pay the outrageous price for one.
For those of you who fancy yourselves as being business smart;a 50% profit margin is almost unheard of. |
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For those of you who fancy yourselves as being business smart;a 50% profit margin is almost unheard of. You honestly don't have the first clue. First of all a 50% GROSS on that rifle would be $3600 retail price. Their price is a 30% Gross and is on the lower end of an acceptable margin for most businesses. For an example WalMart, and their low price image, DEMAND a 50% gross on any item displayed on their "action alley". Sorry......some of us really are pretty good in business and making money and we will ALL tell you that a 30% gross is not "gouging". It is going to be considered barely scraping by, by most anyone who has any business sense at all. |
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Maybe "gouging" isn't the word I am looking for.The fault actually lies with the idiots willing or should I say fighting to buy firearms at these inflated prices. I am angry because I wanted an LWRC but am not willing to pay the outrageous price for one. For those of you who fancy yourselves as being business smart;a 50% profit margin is almost unheard of. Once again I placed parts in red, for the same reason. |
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Quoted: As a business owner, I understand the supply & demand theory of economics.However,what many gun dealers are doing today is criminal.For example, Shooters of America in Brunswick,GA just received a large shipment of LWRC rifles in various configurations.They are asking about $2600.00 per rifle.One of these rifles cost them a little over $1800.00.An $800.00 mark-up per rifle,seriously!This has to stop.We need to stop buying firearms from any dealer engaging in such practices.I don't want to hear about how difficult it is to get these rifles;LWRC is producing them as fast and furiously as they possibly can.The market will soon be flooded with these things.A fair price would be around $2100.00.We have to stop the madness. Really? |
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I usually shop around for the best price if the item is the same. I usually remember the names of the folks or businesses with inflated prices and don't do business with them. When certain companies jacked up the prices after the election, not only did I not buy from them, I won't be buying from them in the future.
Businesses have the right to ask what ever they like for a product. I have the right not to pay inflated prices and shop around... |
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Gougers do a public service. They push potential purchasers hard enough that customers start doing the research required to consistently pay the lowest price possible for any and ALL gun-related purchases.
I can't believe how much money I've saved over the years on ammo, optics, non-ban firearms and black rifles after a gouger tried to make a whole lot of extra bucks after the AWB sunset. |
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Maybe "gouging" isn't the word I am looking for.The fault actually lies with the idiots willing or should I say fighting to buy firearms at these inflated prices. I am angry because I wanted an LWRC but am not willing to pay the outrageous price for one. For those of you who fancy yourselves as being business smart;a 50% profit margin is almost unheard of. Guess what, There will always be people that are willing to spend huge amounts of money on any product that others are not willing to pay. There are lots of things I can not afford or am not willing to pay the price for so I do without. That's life, get used to it. |
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If they are getting those prices, so be it.
Atleast the money is hopefully being put towards jobs in the firearms industry helping support not only the gun dealer but his suppliers and the manufacturers. With so many parts of the economy getting pummeled I'm somewhat relieved to see certain parts of the firearms market thriving, hopefully it helps the NRA and others take notice and will help cement our position with politians who are smart enough to take notice. |
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As a business owner, I understand the supply & demand theory of economics.However,what many gun dealers are doing today is criminal.For example, Shooters of America in Brunswick,GA just received a large shipment of LWRC rifles in various configurations.They are asking about $2600.00 per rifle.One of these rifles cost them a little over $1800.00.An $800.00 mark-up per rifle,seriously!This has to stop.We need to stop buying firearms from any dealer engaging in such practices.I don't want to hear about how difficult it is to get these rifles;LWRC is producing them as fast and furiously as they possibly can.The market will soon be flooded with these things.A fair price would be around $2100.00.We have to stop the madness. Yes I agree with you. It has gotten pretty bad anymore. I say fuck the assholes who sell their shit at these crazy high prices. And the GD crowd that always screams for higher prices, well just kids in a basement trying to act all grown up. |
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As a business owner, I understand the supply & demand theory of economics.However,what many gun dealers are doing today is criminal.For example, Shooters of America in Brunswick,GA just received a large shipment of LWRC rifles in various configurations.They are asking about $2600.00 per rifle.One of these rifles cost them a little over $1800.00.An $800.00 mark-up per rifle,seriously!This has to stop.We need to stop buying firearms from any dealer engaging in such practices.I don't want to hear about how difficult it is to get these rifles;LWRC is producing them as fast and furiously as they possibly can.The market will soon be flooded with these things.A fair price would be around $2100.00.We have to stop the madness. Yes I agree with you. It has gotten pretty bad anymore. I say fuck the assholes who sell their shit at these crazy high prices. And the GD crowd that always screams for higher prices, well just kids in a basement trying to act all grown up. Don't like what people are charging then don't buy it. It doesn't get any easier than that. No one wants to pay high prices but at least some understand that you either pay the price if you want the item or you go without. Would you rather have the wonderful government say what people can or can not charge? How about if they told you how much you could earn for a given job? Sounds like you need to do some growing up yourself. |
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krpind, Your math is bad. A 50% mark-up on $1800.00 is only $2700.00.Who is clueless? I never met a Texan I didn't like.You must be from somewhere else!  He was talking margin....  I find it humorous that folks that don't understand business always have the best ideas on how best to run them.
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Quoted: Yes I agree with you. It has gotten pretty bad anymore. I say fuck the assholes who sell their shit at these crazy high prices. And the GD crowd that always screams for higher prices, well just kids in a basement trying to act all grown up. So, let's hear YOUR solution. Just like our new President, I'm all ears.  |
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Shooting in itself is not cheap.
If you can't afford to play, then don't. Price gouging is a way of people who cry about things they cannot afford. I want a Ferrari but I can't afford it. So I don't say it is "price gouging", rather it is the premium I am not willing to fork out. So I buy what I can afford, if you don't want to pay the price then stop bitching and find a rifle you can afford. Max |
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As a business owner, I understand the supply & demand theory of economics.However,what many gun dealers are doing today is criminal.For example, Shooters of America in Brunswick,GA just received a large shipment of LWRC rifles in various configurations.They are asking about $2600.00 per rifle.One of these rifles cost them a little over $1800.00.An $800.00 mark-up per rifle,seriously!This has to stop.We need to stop buying firearms from any dealer engaging in such practices.I don't want to hear about how difficult it is to get these rifles;LWRC is producing them as fast and furiously as they possibly can.The market will soon be flooded with these things.A fair price would be around $2100.00.We have to stop the madness. Yes I agree with you. It has gotten pretty bad anymore. I say fuck the assholes who sell their shit at these crazy high prices. And the GD crowd that always screams for higher prices, well just kids in a basement trying to act all grown up. What the fuck don't YOU understand about: don't like it don't buy it? What gives you the right to determine what another person/business charges for their property? |
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As a business owner, I understand the supply & demand theory of economics.However,what many gun dealers are doing today is criminal.For example, Shooters of America in Brunswick,GA just received a large shipment of LWRC rifles in various configurations.They are asking about $2600.00 per rifle.One of these rifles cost them a little over $1800.00.An $800.00 mark-up per rifle,seriously!This has to stop.We need to stop buying firearms from any dealer engaging in such practices.I don't want to hear about how difficult it is to get these rifles;LWRC is producing them as fast and furiously as they possibly can.The market will soon be flooded with these things.A fair price would be around $2100.00.We have to stop the madness. Yes I agree with you. It has gotten pretty bad anymore. I say fuck the assholes who sell their shit at these crazy high prices. And the GD crowd that always screams for higher prices, well just kids in a basement trying to act all grown up. What the fuck don't YOU understand about: don't like it don't buy it? What gives you the right to determine what another person/business charges for their property? I would be interested in what type of margin the OP marks his good/services at? |
| It's ok, as has been mentioned, simply don't buy. It's really getting to a point where some of these dealers taking advantage of a douchebag liberal in the WH, will come back to haunt them. I imagine that if the economy continues to fail, which I think most of us agree will be the case, these dealers are going to be stuck with a ton of money wrapped up in inventory, and then when they see that their business has dropped, you'll see them price things a bit more fair rather that sit on a ton of expensive inventory. |
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As a businessman you should be able to look at it from the sellers standpoint:
1. Manufacturers could increase their production if they invest in capitol equipment except that they don't know if the Dems are going to destroy their market and devalue all of their investment. Since this may be the swan song for the firearms manufacturing industry, they will likely need to get all the money they can since converting to another industry could be difficult or impossible and would certainly require plenty of cash. 2. Distributors are stuck in the middle: limited supply from manufacturers and retailers with empty shelves who are watching the boom pass by. This is the perfect recipe for a bidding war by the retailers who want product to sell. Supply and demand. 3. Retailers know that the boom in gun sales, particularly EBR's, may not last forever. The market may reach saturation, the mood of the customer may change or the government may regulate them out of business. If they don't get the sales now, they may never get them. High prices haven't stopped or slowed sales and if the shelves are empty, prices were probably too low anyway. Supply and demand. 4. Customers are in a panic caused by past and present actions by politicians who would love to see their rights restricted. Shortages have only exacerbated the panic. The possibility that the economy could take one huge, final dump increases that panic for a large portion of buyers. Everyone seems to want to buy an EBR as soon as possible. Supply and demand. The EBR industry is in exactly the opposite situation as the real estate industry. Low inventory and high demand are driving up prices. The perfect storm. |
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Quoted:
As a business owner, I understand the supply & demand theory of economics.However,what many gun dealers are doing today is criminal.For example, Shooters of America in Brunswick,GA just received a large shipment of LWRC rifles in various configurations.They are asking about $2600.00 per rifle.One of these rifles cost them a little over $1800.00.An $800.00 mark-up per rifle,seriously!This has to stop.We need to stop buying firearms from any dealer engaging in such practices.I don't want to hear about how difficult it is to get these rifles;LWRC is producing them as fast and furiously as they possibly can.The market will soon be flooded with these things.A fair price would be around $2100.00.We have to stop the madness. Here's an idea––let the gov't set a "fair price" with so called "anti gouging laws!" Oh, wait....
GR |
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As a businessman you should be able to look at it from the sellers standpoint: 1. Manufacturers could increase their production if they invest in capitol equipment except that they don't know if the Dems are going to destroy their market and devalue all of their investment. Since this may be the swan song for the firearms manufacturing industry, they will likely need to get all the money they can since converting to another industry could be difficult or impossible and would certainly require plenty of cash. 2. Distributors are stuck in the middle: limited supply from manufacturers and retailers with empty shelves who are watching the boom pass by. This is the perfect recipe for a bidding war by the retailers who want product to sell. Supply and demand. 3. Retailers know that the boom in gun sales, particularly EBR's, may not last forever. The market may reach saturation, the mood of the customer may change or the government may regulate them out of business. If they don't get the sales now, they may never get them. High prices haven't stopped or slowed sales and if the shelves are empty, prices were probably too low anyway. Supply and demand. 4. Customers are in a panic caused by past and present actions by politicians who would love to see their rights restricted. Shortages have only exacerbated the panic. The possibility that the economy could take one huge, final dump increases that panic for a large portion of buyers. Everyone seems to want to buy an EBR as soon as possible. Supply and demand. The EBR industry is in exactly the opposite situation as the real estate industry. Low inventory and high demand are driving up prices. The perfect storm. Give that man a cigar ! |
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Probable Obama voter spotted in the OP.
We need to stop buying firearms from any dealer engaging in such practices.I don't want to hear about how difficult it is to get these rifles;LWRC is producing them as fast and furiously as they possibly can.The market will soon be flooded with these things.A fair price would be around $2100.00.We have to stop the madness.
So, don't buy them until the price goes down? The free market is fine. |
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...The market will soon be flooded with these things.... Then why not shut up and wait until the market is flooded? fair price would be around $2100.00.We have to stop the madness. Comrade Marx rolls his head back and laughs every time some fop start going on about 'fair' prices. |
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It is not gouging because it is not an essential item.
Also, a business exists to make a profit and remain in business. If before the election I was selling 2 Colt 6920's a month at a profit of $200, but after the election I can't get any or can only get 1 even 2-4 months, I would need to increse my profit somewhere to remain in business. But, the real fact are that this all comes down to jelousy/want and not being willing/able to obtain the item at the current increased prices, so people get pissed. Hell, I don't like it. if you don't like it enough and you think you can do better, get a storefront, get an FFL, stock the storefront, and run your own gunshop. Don't like the price, don't buy it. We are all getting royally fucked on ammo though
Fair is for sissy's and people on welfare. |
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As a business owner you should know there is no such thing as price gouging. Selling water for more than double what regular price is during an emergency, may not be price gouging, but it should be considered criminal. It is in Florida, along with fuel, food, and a few other items. |
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As a business owner you should know there is no such thing as price gouging. Selling water for more than double what regular price is during an emergency, may not be price gouging, but it should be considered criminal. It is in Florida, along with fuel, food, and a few other items. It shouldn't be, but that's another matter. |