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UK diy (uk.d-i-y) For the discussion of all topics related to diy (do-it-yourself) in the UK. All levels of experience and proficency are welcome to join in to ask questions or offer solutions. |
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#81
Posted to alt.consumers.uk-discounts.and.bargains,sci.electronics.components,uk.d-i-y
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Greatest markup ever?
"Michael A. Terrell" wrote in message ... "nightjar I deal with a major recycling company, although not in batteries, and I am assured that they are. Colin Bignell Recycling is not equal to remanufacturing. Recycling companies sell whatever they can to be remanufactured, as it makes it easier for them to achieve the targets set under the EU waste directives. Colin Bignell |
#82
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Greatest markup ever?
John wrote:
Brilliant!!! I have just sent that link to my boss who drives one of these f*****g things and NEVER takes it anywhere near the mud. We once went to one of these 'off roader' experiences as an office day out and you could use your own vehicle if you wanted to or use one of theirs for a higher admission fee. He wouldn't even take it onto the property due to the drive being VERY muddy and chose to leave it in the pub car park nearby as he "had only just washed it yesterday and didn't want it to get dirty! A quick "we're off to the toilet and for a fag" at the lunchtime break and an obliging landlord with buckets soon sorted that out for him though! His face was worth a thousand words, I think he nearly said them all. Nice one! Personally, I despise all 4x4s whether they're sometimes used off-road or not, but we won't go into that discussion P.S. I am now going to find the company web site. If you're looking to buy some, search on eBay for "spray on mud" |
#83
Posted to alt.consumers.uk-discounts.and.bargains,sci.electronics.components,uk.d-i-y
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Greatest markup ever?
On 24 Apr 2006, wrote:
His total markup is in the thousands of percent. Has anyone seen a bigger markup than that? The next worst markup I have seen must have been for mobile phone cases and PHFs. These cost mext to nothing to make and supply - even back in the early days of mobiles when volume demand was lower. But these items were seen as some sort of super premium thing and they were charged to the public at suitably super premium prices! All the dealers back then were in cahoots with one another on this one. They resolutely stuck to the same sort of ripp-off price as one another. Or maybe it was the wholesalers who was ripping the actual dealers off? Well, the end effect was for the poor punter to pay a lot and get a rather little. |
#84
Posted to alt.consumers.uk-discounts.and.bargains,sci.electronics.components,uk.d-i-y
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Greatest markup ever?
On 24 Apr 2006, "nightjar" nightjar@insert my surname here.uk.com
wrote: "Andy" wrote in message ... I was in my local newsagent in London and saw he had a card of button cells behind the till which he was selling at œ2.99 each. I recognised the card of cells as one which I can get from my local pound shop for œ1. It contains about 16 cells. Considering that the pound shop makes a profit then it will already have raised the price from something like 50p. If it was, indeed the same product, it will have been bought from somewhere that specialises in bankrupt and surplus stock sales, so the selling price is no indication of the original trade sale price. However, pound shops also sell remanufactured button cells, often in packs that look a lot like manufacturers' original packs, which do not have the life of new cells. Colin Bignell I didn't get the feeling they were bankrupt stock. A card of very cheap button cells has been available for a long time both in the UK and in the US. The reason they are not popular is probably because people feel it isn't worth putting one in because the cells will last a very short time or perhaps the cells will leak. I guess there might be a bit of truth in both those worries. |
#85
Posted to alt.consumers.uk-discounts.and.bargains,sci.electronics.components,uk.d-i-y
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Greatest markup ever?
On 24 Apr 2006, wrote:
I can't say exactly what the mark up is here for the newsagent as he may get left with oddment batteries that he can't sell but he makes a markup of about £2.50 on 50p (500%) if he sold just one battery! His total markup is in the thousands of percent. Thousands of percent is a bit over-reactive; it's a few quid. You can't really expect someone to make a living charging just a few pence extra. The only real bad thing about it is that the batteries on these kinds of packs are normally all rubbish anyway... Do your sums again. I think you may have slipped a decimal place or two! It is a 500% markup if he sells only one cell out of the 16 (or maybe 20) as I originally explained. If he goes on to sell only half his cells at £2.99 each then he gets approx £24. The 8 cells cost £0.50. So at the halfway point he has a markup well over 4,000%. Cor! |
#86
Posted to alt.consumers.uk-discounts.and.bargains,sci.electronics.components,uk.d-i-y
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Greatest markup ever?
On 25 Apr 2006, The3rd Earl Of wrote:
Andy wrote: I was in my local newsagent in London and saw he had a card of button cells behind the till which he was selling at œ2.99 each. I recognised the card of cells as one which I can get from my local pound shop for œ1. It contains about 16 cells. Considering that the pound shop makes a profit then it will already have raised the price from something like 50p. I can't say exactly what the mark up is here for the newsagent as he may get left with oddment batteries that he can't sell but he makes a markup of about œ2.50 on 50p (500%) if he sold just one battery! His total markup is in the thousands of percent. Has anyone seen a bigger markup than that? I think you'll find his profits come from kids sweets ie something that sells for 2p and he sells for 3p so say you have 250 MoJo's in a box thats 5GBP and 2.50GBP profit add that to all the other sweets and total it up at the end of the weeks that some profit. I know this because I used to own 2 mobile shops. :-) Off topic: When did Opal Fruits become called Star-somethings? |
#87
Posted to alt.consumers.uk-discounts.and.bargains,sci.electronics.components,uk.d-i-y
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Greatest markup ever?
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#88
Posted to uk.d-i-y
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Greatest markup ever?
Anton Gijsen typ ed
John wrote: "Anton Gijsen" wrote in message ... I was thinking the other day about the markup they must make on that "spray-on mud" stuff they sell to ****head 4x4 drivers. This is a wind up surely? Oh, I forgot to add, IIRC it costs about £5-6 a can. Where there's muck, there's brass... -- Helen D. Vecht: Edgware. |
#89
Posted to alt.consumers.uk-discounts.and.bargains,sci.electronics.components,uk.d-i-y
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Greatest markup ever?
In message , Helen Deborah
Vecht writes Guy King typed The message from Paul G contains these words: You can recycle batteries at Ikea - don't drive there though to specifically just to recycle the batteries as I suspect that will outweigh any advantages. Given that there are very limited places to recycle batteries it does make a mockery of warnings on batteries not to depose of them in a bin and on local council literature saying the same thing (where they do not provide any readily accessible facilities). IIRC some councils do provide for battery recycling from their doorstep collections. Brent, my London Borough, does. Ah. I should have specified my borough, as it's definitely a guilty to the above. Glad to hear that other boroughs do have their act together. -- Paul G Typing from Barking |
#90
Posted to alt.consumers.uk-discounts.and.bargains,sci.electronics.components,uk.d-i-y
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Greatest markup ever?
Andy wrote:
The next worst markup I have seen must have been for mobile phone cases and PHFs. These cost mext to nothing to make and supply - even back in the early days of mobiles when volume demand was lower. But these items were seen as some sort of super premium thing and they were charged to the public at suitably super premium prices! All the dealers back then were in cahoots with one another on this one. They resolutely stuck to the same sort of ripp-off price as one another. Or maybe it was the wholesalers who was ripping the actual dealers off? Well, the end effect was for the poor punter to pay a lot and get a rather little. And those in the know, or who could be bothered to shop around, went to their local market stall and got them at a half-reasonable price. |
#91
Posted to alt.consumers.uk-discounts.and.bargains,sci.electronics.components,uk.d-i-y
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Greatest markup ever?
On Mon, 24 Apr 2006 15:23:30 +0100, John Cartmell
wrote: In article , Andy wrote: His total markup is in the thousands of percent. Unless you know that he purchased the item from the same source as the pound shop you cannot make that assumption. Pound shops generally do not provide the continuity of products that is essential for trade. Comparing any other business with them is unacceptable unless you also accept the possibility of your retailers saying to you that the cells you require for essential equipment can no longer be supplied - and you should have bought them last week when they were dirt cheap. The cheap batteries may be of poorer quality. I've bought batteries from discount stores on occasions and have found a much higher rate of dead ones. I think they buy up stock with a short lifespan at a knock down price too. If you buy a battery from a 'good' store it will have a "use-by" date several years in the future. Batteries from discount stores often have a date only a few months in the future. Mark |
#92
Posted to alt.consumers.uk-discounts.and.bargains,sci.electronics.components,uk.d-i-y
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Greatest markup ever?
On 24 Apr 2006, Mary wrote:
"Madge O'Reene" wrote in message ups.com... Mary Fisher: I saw the same sort of thing in a shop in Lincoln some time ago. Unbelievable! Mary Why is it unbelievable? What do you do for a living? Are the the LOWEST PAID person doing your job? In your company? In your town? In your country? In the world? Unbelievable! You're making assumptions. Here's a simple idea - if you think a shop is charging too much, don't buy from them. I didn't. I SAW it. You seem to be suggesting that there is never suc a thing as over priced, or gouging, or unwarranted markup. A typical retail markup is in the order of 50%. Some items more and some items less. Even if we allow 100 to 300% markup for fancy items (ie those which are time limited by fashionable trends) then markups of thousands of percent are amazing and, dare I say it, almost "unebelievable". A true market would reduce such a profit differential but clearly there is either a lack of consumer knowledge if they're prepared to pay such ridiculuous prices or very limited consumer choice of outlets and prices. Yup, the poster is right. It's unbelievable. Such venality. |
#93
Posted to alt.consumers.uk-discounts.and.bargains,sci.electronics.components,uk.d-i-y
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Greatest markup ever?
In article ,
Joe Smith wrote: A typical retail markup is in the order of 50%. I once approached our local 'stately home & garden' and offered to design and make a board game (hand made) specifically for them to be sold in their shop. They wanted a markup of 140%. That was their 'standard'. -- John Cartmell john@ followed by finnybank.com 0845 006 8822 Qercus magazine FAX +44 (0)8700-519-527 www.finnybank.com Qercus - the best guide to RISC OS computing |
#94
Posted to alt.consumers.uk-discounts.and.bargains,sci.electronics.components,uk.d-i-y
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Greatest markup ever?
On 26 Apr 2006, wrote:
On Mon, 24 Apr 2006 15:23:30 +0100, John Cartmell wrote: In article , Andy wrote: His total markup is in the thousands of percent. Unless you know that he purchased the item from the same source as the pound shop you cannot make that assumption. Pound shops generally do not provide the continuity of products that is essential for trade. Comparing any other business with them is unacceptable unless you also accept the possibility of your retailers saying to you that the cells you require for essential equipment can no longer be supplied - and you should have bought them last week when they were dirt cheap. The cheap batteries may be of poorer quality. I've bought batteries from discount stores on occasions and have found a much higher rate of dead ones. I think they buy up stock with a short lifespan at a knock down price too. If you buy a battery from a 'good' store it will have a "use-by" date several years in the future. Batteries from discount stores often have a date only a few months in the future. What you say has a lot of logic to it but I have found that some of the better cells on the £1 card to be quite good (some are crapped out). I don't see much evidence of any "use by" date on these £1 cards although there may be something purely fictional stamped somewhere. They are usually alkaline button cells and not silver oxide so they do not always power some types of equipment. Silver oxide has a slightly higher nominal voltage and will keep its voltage right to the very end, whereas the voltage of alkaline cells decreases in a much more gradual way as the cell gets used up and this may not suit some devices. The theoretical shelf life of both types is usually very good and in the order of a year or two. I run my digital thermometers off these cheapo cells. And also run those poorly designed devices which need four buttons cells all stacked together (eg my voice recording pen). If I didn't put cheapo batteries in that sort of device then I would very quickly spend more on full price batteries than the device is worth! I have even put cheapo cell sinto a watch where the effort of opening and replacing and closing the watch make it annoying if the cells packs up in 3 months. But I have been pleasantly surprised - altho my expectation was not set very high to start with! :-) |
#95
Posted to alt.consumers.uk-discounts.and.bargains,sci.electronics.components,uk.d-i-y
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Greatest markup ever?
"Joe Smith" wrote in message ... On 24 Apr 2006, Mary wrote: "Madge O'Reene" wrote in message ups.com... Mary Fisher: I saw the same sort of thing in a shop in Lincoln some time ago. Unbelievable! Mary Why is it unbelievable? What do you do for a living? Are the the LOWEST PAID person doing your job? In your company? In your town? In your country? In the world? Unbelievable! You're making assumptions. Here's a simple idea - if you think a shop is charging too much, don't buy from them. I didn't. I SAW it. You seem to be suggesting that there is never suc a thing as over priced, or gouging, or unwarranted markup. A typical retail markup is in the order of 50%. Some items more and some items less. Even if we allow 100 to 300% markup for fancy items (ie those which are time limited by fashionable trends) then markups of thousands of percent are amazing and, dare I say it, almost "unebelievable". A true market would reduce such a profit differential but clearly there is either a lack of consumer knowledge if they're prepared to pay such ridiculuous prices or very limited consumer choice of outlets and prices. Yup, the poster is right. It's unbelievable. Such venality. Yes. |
#96
Posted to alt.consumers.uk-discounts.and.bargains,sci.electronics.components,uk.d-i-y
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Greatest markup ever?
"Helen Deborah Vecht" wrote in message ... IIRC some councils do provide for battery recycling from their doorstep collections. Brent, my London Borough, does. My local recycling centre in Leeds has such a disposal facility. It's not on the doorstep but it's possible to save such oddities until there are enough to make a journey. It's no problem. It's also convenient that the scrapyard is next door to the recycling centre so if you can be bothered (we can) to separate different metals you can come away with cash in hand. We're dealing with the third generation of scrap merchants! Mary |
#97
Posted to uk.d-i-y
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Greatest markup ever?
"Helen Deborah Vecht" wrote in message ... Anton Gijsen typ ed John wrote: "Anton Gijsen" wrote in message ... I was thinking the other day about the markup they must make on that "spray-on mud" stuff they sell to ****head 4x4 drivers. This is a wind up surely? Oh, I forgot to add, IIRC it costs about £5-6 a can. Where there's muck, there's brass... Ah - a southern expression :-) In Yorkshire we say, "Where there's muck there's money." It's alliterative. Mary |
#98
Posted to alt.consumers.uk-discounts.and.bargains,sci.electronics.components,uk.d-i-y
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Greatest markup ever?
On 25 Apr 2006, wrote:
"Madge O'Reene" wrote in message ups.com... Soft drinks in pubs and night clubs - they buy the stuff in bulk as concentrate and mix it with carbonated water on site. A œ2.50 glass is 250ml and typically costs around 5p. Just as with the shop, you're paying for the convenience. ...paying for the convenience - whether or not you use it. I think one should also make some allowance for the fact that one is paying for the premises: - tables, chairs, lighting, cleaning (er, well), nice friendly staff (huh?) and all that sort of stuff. |
#99
Posted to alt.consumers.uk-discounts.and.bargains,sci.electronics.components,uk.d-i-y
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Greatest markup ever?
On 26 Apr 2006, John wrote:
In article , Joe Smith wrote: A typical retail markup is in the order of 50%. I once approached our local 'stately home & garden' and offered to design and make a board game (hand made) specifically for them to be sold in their shop. They wanted a markup of 140%. That was their 'standard'. That is approx the same as what I was saying. "A typical retail markup is in the order of 50%." I said 50% but I was referencing that 50% to the retail price. In your case there would be the 100% wholesale price plus 140% markup. So the markup is 140/240 = 58% of the retail price. |
#100
Posted to alt.consumers.uk-discounts.and.bargains,sci.electronics.components,uk.d-i-y
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Greatest markup ever?
In article ,
Joe Smith wrote: On 26 Apr 2006, John wrote: In article , Joe Smith wrote: A typical retail markup is in the order of 50%. I once approached our local 'stately home & garden' and offered to design and make a board game (hand made) specifically for them to be sold in their shop. They wanted a markup of 140%. That was their 'standard'. That is approx the same as what I was saying. "A typical retail markup is in the order of 50%." I said 50% but I was referencing that 50% to the retail price. In your case there would be the 100% wholesale price plus 140% markup. So the markup is 140/240 = 58% of the retail price. I've always looked on markup from the retailer's rather than consumer's pov. Your way tends to reduce the impact of what I would term an extravagant retail cut. In your terms I'd suggest 25% as a more reasonable share. -- John Cartmell john@ followed by finnybank.com 0845 006 8822 Qercus magazine FAX +44 (0)8700-519-527 www.finnybank.com Qercus - the best guide to RISC OS computing |
#101
Posted to uk.d-i-y
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Greatest markup ever?
In article , milou
wrote: On Thu, 27 Apr 2006 14:40:48 +0100, John Cartmell wrote: I've always looked on markup from the retailer's rather than consumer's pov. Your way tends to reduce the impact of what I would term an extravagant retail cut. In your terms I'd suggest 25% as a more reasonable share. As long as you don't pay income tax, don't eat, don't pay in a pension fund, don't pay your staff, don't pay rates and steal the car you drive, 25% is about OK. But I'm looking at it from the point of view of a designer and manufacturer who has to do all that and gets only 10% (if that) after buying raw materials! ;-( -- John Cartmell john@ followed by finnybank.com 0845 006 8822 Qercus magazine FAX +44 (0)8700-519-527 www.finnybank.com Qercus - the best guide to RISC OS computing |
#102
Posted to uk.d-i-y
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Greatest markup ever?
In article ,
John Cartmell wrote: As long as you don't pay income tax, don't eat, don't pay in a pension fund, don't pay your staff, don't pay rates and steal the car you drive, 25% is about OK. I'm old enough to remember the days of resale price maintenance, and the standard markup then on most goods was 50% over trade price. -- *Starfishes have no brains * Dave Plowman London SW To e-mail, change noise into sound. |
#103
Posted to uk.d-i-y
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Greatest markup ever?
In article ,
Dave Plowman (News) wrote: In article , John Cartmell wrote: As long as you don't pay income tax, don't eat, don't pay in a pension fund, don't pay your staff, don't pay rates and steal the car you drive, 25% is about OK. I'm old enough to remember the days of resale price maintenance, and the standard markup then on most goods was 50% over trade price. Standard markup on fresh food at that time was 25% - and in that you had to cover your wastage. Nearly 60% on non-perishables is unacceptable. -- John Cartmell john@ followed by finnybank.com 0845 006 8822 Qercus magazine FAX +44 (0)8700-519-527 www.finnybank.com Qercus - the best guide to RISC OS computing |
#104
Posted to uk.d-i-y
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Greatest markup ever?
In article ,
John Cartmell wrote: I'm old enough to remember the days of resale price maintenance, and the standard markup then on most goods was 50% over trade price. Standard markup on fresh food at that time was 25% - and in that you had to cover your wastage. Nearly 60% on non-perishables is unacceptable. I thought goods excepted foodstuffs? Nor would you expect much wastage of food at the retail end in those days - most outlets ran out of stock first. -- *Why are they called apartments, when they're all stuck together? * Dave Plowman London SW To e-mail, change noise into sound. |
#105
Posted to uk.d-i-y
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Greatest markup ever?
The message
from Joe Smith contains these words: That is approx the same as what I was saying. "A typical retail markup is in the order of 50%." I said 50% but I was referencing that 50% to the retail price. In your case there would be the 100% wholesale price plus 140% markup. So the markup is 140/240 = 58% of the retail price. Mark-up is, as the name implies, added to the cost price. What you mistakenly call mark-up is normally referred to as (gross) profit margin. -- Roger Chapman |
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