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I looked around and compared prices. Nothing was cheaper than $160. Plus the package was shipped directly to me from the place that Jet got it from... which w
by xpose2000 11y ago
I looked around and compared prices. Nothing was cheaper than $160. Plus the package was shipped directly to me from the place that Jet got it from... which was ibuyofficesupply.com
Edit: I was asked why I think Jet paid full retail price... I can't know that for sure obviously. There was a packing slip that I didn't think to look at. In any case, the only way they don't lose money is if they bought it for close to 50% off. Seems unlikely to me.
- skj 11y agoWhy do you think that Jet payed full retail price?
- swalsh 11y agoIts more likely Jet drop-shipped it, and that's their supplier.
- pc86 11y ago2x is entirely reasonable markup on a piece of furniture, particularly if they bought it in bulk. There's just no way they are selling merchandise at a 40% loss per unit.
- msingle 11y agoMy understanding from interviews with employees and they use volume, logistics and other factors to leverage a better deal that they pass off entirely to the customer. (They make their profits off the membership as I recall)
- skuhn 11y agoI think this was the original plan, but they dropped the membership fee and have since raised several hundreds of millions to continue operating. Hence all of the head scratching about their financial prospects.