3 ms·
I often feel bad asking for a discount. I know that my 10% discount is often halving their profit for the item. I prefer shops where they have already offered
by gridspy 5y ago
I often feel bad asking for a discount. I know that my 10% discount is often halving their profit for the item.
I prefer shops where they have already offered stock at their best price and refuse to price it lower. One less thing to worry about.
- MerelyMortal 5y agoProfit is different for different items at different businesses. I'm not a Business Major or anything, but I'm guessing the median mark-up on items is 100% (50% profit). Thus if I get a 40% discount on something (like a mattress), the seller is still most likely making a 20% profit.
- thaumasiotes 5y ago> I'm not a Business Major or anything, but I'm guessing the median mark-up on items is 100% (50% profit). Well, there's your first problem. A 100% markup will only yield 50% profit if you have no operating costs at all.
- deleted 5y ago[deleted]