Well now I wished I hadn't asked. I don't know that I can order anymore reps knowing someone could die over it. That is crazy.
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What's the mark up?
- Thread starter mitchbaria
- Start date
Well now I wished I hadn't asked. I don't know that I can order anymore reps knowing someone could die over it. That is crazy.
- 15/10/12
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Well now I wished I hadn't asked. I don't know that I can order anymore reps knowing someone could die over it. That is crazy.
See this is the kind of thing you really start thinking about after you form a relationship of sorts with these people.... which is why when the old guy acted as if $400. was $4000. and the more I think about it, I think it really has to do with living expenses In China.... in Good Ole USA a couple hundred bucks will barely fill your tank and buy a good steak and a movie,,,,,but perhaps it represents much more to our dealers.... anyway I didn't mean to stir up such a fuss but that's really what we do here right? We talk about replicas and ask questions......
I pray for their safety every night and I continue to support them because I love these watches..... :cheers:
Amen!See this is the kind of thing you really start thinking about after you form a relationship of sorts with these people.... which is why when the old guy acted as if $400. was $4000. and the more I think about it, I think it really has to do with living expenses In China.... in Good Ole USA a couple hundred bucks will barely fill your tank and buy a good steak and a movie,,,,,but perhaps it represents much more to our dealers.... anyway I didn't mean to stir up such a fuss but that's really what we do here right? We talk about replicas and ask questions......
I pray for their safety every night and I continue to support them because I love these watches..... :cheers:
smokiedabong
Respected Member
- 22/8/12
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Well now I wished I hadn't asked. I don't know that I can order anymore reps knowing someone could die over it. That is crazy.
By that logic I should stop buying any product cause one way or another a product will kill. Improper working conditions, dangerous jobs to make it, greedy corporations, pollution etc. Hell, even buying a service offered by someone who needs to drive to work is a possible sentence to death for the guy cause statistically speaking he has a higher chance of dying than a rep dealer being sentenced to death.
it really has to do with living expenses In China.... in Good Ole USA a couple hundred bucks will barely fill your tank and buy a good steak and a movie,,,,
It really depends what you are buying. Many things cost significantly more in China. The two things you menained would cost about the same in China as they do in the US.
In China there are significantly more very-low end products. Wal-mart sells pretty good stuff by Chinese standards, and not surprisingly, costs more than the street stalls. If you pack a calculator, and actually compare similar products, you would be surprised. Imported goods (they dont actually have to be imported, just sold by an American company) cost significantly more.
China suffers from extremely inefficient distribution networks and asymmetrical information in the markets. Labor is relatively inexpensive by Western standards; but, it is extremely inefficient.
It is very hard to compare like items between China and the West; but, when you can you see that the prices in China are not much less, and often more. However, due to a tolerance for poor quality, it is uncommon to find like items for a comparison. When you do find them, as stated, they generally cost more in China (with a few odd exceptions). Japanese goods will cost significantly more.
By that logic I should stop buying any product cause one way or another a product will kill. Improper working conditions, dangerous jobs to make it, greedy corporations, pollution etc. Hell, even buying a service offered by someone who needs to drive to work is a possible sentence to death for the guy cause statistically speaking he has a higher chance of dying than a rep dealer being sentenced to death.
I understand your point, but I don't know... Seems different in this circumstance. People have to buy things and drive places. I will be fine without a watch. Not arguing... I just hate to think about someone dying over a watch.
- 15/10/12
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wep I like to think that our dealers are living well because of selling watches..... there's risk in just about everything..... I wish I knew if any of the forum dealers have suffered imprisonment from selling us watches? This thing with Mary really brought it close to home...... what would have happened if they would've been there when they were raided? And was anyone there when it happened? And are they completely safe now? Does anyone know? Luth?
And thanks for the insight Hasaf.... it doesn't sound to me like China quite falls into Dave's neat little economics class.....
And thanks for the insight Hasaf.... it doesn't sound to me like China quite falls into Dave's neat little economics class.....
D
d4m.test
Guest
When was younger and working in retail, the average cost of each item was about 35% of the retail price in physical stores, and 50% of retail price in web stores. That means that every $100 item you buy in Wal-mart is almost triple the actual cost gives them $65 profit.
That's just the direct cost. You're not taking into account all the extra overhead costs.
I doubt some dealers could survive if they weren't charging at least double wholesale.
That's just the direct cost. You're not taking into account all the extra overhead costs.
I doubt some dealers could survive if they weren't charging at least double wholesale.
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Luth so is China like USA and Mary and Rochest will have court or how did they get away without going to jail?
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Wrong. They survive only because of quantity.When was younger and working in retail, the average cost of each item was about 35% of the retail price in physical stores, and 50% of retail price in web stores. That means that every $100 item you buy in Wal-mart is almost triple the actual cost gives them $65 profit.
That's just the direct cost. You're not taking into account all the extra overhead costs.
I doubt some dealers could survive if they weren't charging at least double wholesale.
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I agree BR if my father didn't mark up at least 100% his store wouldn't have lasted a year...one of his biggest concerns was finding high quality wholesales that sold A grade stones at low prices to be able to compete with the chains and that always was a terribly hard task.
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No, it's not, like in US. They lost 40 watches (I'm sure, police officers will wear them happily), and they paid a very hefty fee for dealing with reps (I'm sure it went directly to officers pockets, but not sure), and they're under magnified glass from now on. It doesn't mean somebody follow them, and listen their phones, but police can come again and check up. So, I had to make some arrangements in their office, that it would look legit from now on.Luth so is China like USA and Mary and Rochest will have court or how did they get away without going to jail?
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- 15/10/12
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Luth are they totally safe or do they have some kind of court to face?
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Sent from my iPhone using Tapatalk
- 15/10/12
- 3,453
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- 15/10/12
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Believe it or not Mexico is just like that too. See Wep, that really blurries the lines between right and wrong...I'm guessing politics plays a huge part in it when someone is made an example out of! Just a guess...
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Believe it or not Mexico is just like that too. See Wep, that really blurries the lines between right and wrong...I'm guessing politics plays a huge part in it when someone is made an example out of! Just a guess...
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I wouldn't take my cues about right and wrong from laws or the police. A lot of laws have been (and some still are) wrong and some police abuse power consistently.
When was younger and working in retail, the average cost of each item was about 35% of the retail price in physical stores, and 50% of retail price in web stores. That means that every $100 item you buy in Wal-mart is almost triple the actual cost gives them $65 profit.
That's just the direct cost. You're not taking into account all the extra overhead costs.
I doubt some dealers could survive if they weren't charging at least double wholesale.
Grocery stores work on a very low gross profit. I am in a large retailer that carries a variety of items and our gross profit is around 30-35% depending on store location and sales mix. This means that on an average dollar in sales about 30-35 cents are gross profit. After all the bills are paid it leaves avg store about 3-5 nets to put in bank.
Cents not netsGrocery stores work on a very low gross profit. I am in a large retailer that carries a variety of items and our gross profit is around 30-35% depending on store location and sales mix. This means that on an average dollar in sales about 30-35 cents are gross profit. After all the bills are paid it leaves avg store about 3-5 nets to put in bank.