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Just as a point of precision, Target does not technically set the price of any given manufacturer's goods. What they do when you get to that point in your talks
by bilbo0s 7y ago
Just as a point of precision, Target does not technically set the price of any given manufacturer's goods. What they do when you get to that point in your talks with them, (and only if you're not ginormous), is to strongly suggest that you sell your product at such and such price. If you don't, they're gonna walk and sign on your competitor instead.
It's devilishly ingenious, because, as I found out the hard way, in a court of law, they don't consider that to be setting the price. You still have the power to set your own price. You just won't be in Target if you pick the wrong price.
- tguedes 7y agoOk my mistake, I thought target purchased goods at wholesale price and then re-sold them at whatever price they wanted. So Target was a good example after all.
- gowld 7y agoWhat do you mean? Target doesn't by wholesale and resell? They don't sell products for their own revenue, and pay for those products as an expense? Is the retail sale price a factor in the computation of how much the wholesale provider is paid?