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All stores charge a markup.

• lnxg33k1 5y ago
  there are no more half-seasons
• withinboredom 5y ago
  No they don’t. Physical stores pay volume rates to the manufacturers. They own the inventory and resell it at a markup or a loss. The app stores do something totally different. They allow “manufacturers” to list the item directly to the consumer and charge 30% in money transmission (legal term) fees. They are basically offering the same service (and licenses) as Western Union (or stripe connect), just on a larger scale and more integrated. Whether they are actually legally set up that way (or not) I don’t know. I did go down this rabbit hole 10-15 years ago to do something similar with a lawyer. What could be interesting is if some states/countries have limits on the fees a money transmitter can charge and an app company sued for them operating illegally.
  • judge2020 5y ago
    From a consumer POV it's the same as physical stores, regardless of how they acquire the product. Walmart has an average 32% markup and Target 46%[0]. Is target now liable for anything they vend to you that does something malicious? 0: https://www.retailcustomerexperience.com/news/investor-blog-discusses-retail-markups/#:~:text=In%20the%20middle%20are%20retail,by%20demanding%20help%20from%20suppliers https://www.retailcustomerexperience.com/news/investor-blog-... (the original marketwatch article is unavailable).
    • dragonwriter 5y ago
      > Is target now liable for anything they vend to you that does something malicious? Yes, or even just defective. Chain of commerce product liability is well established.