3 ms·
Some businesses are strangely irrational about overpricing. Occasionally I've seen something that was obviously much more expensive than the T&M required, but
by aidenn0 3y ago
Some businesses are strangely irrational about overpricing. Occasionally I've seen something that was obviously much more expensive than the T&M required, but much less expensive than what it would replace and the company balks because "It doesn't cost you anywhere near that to make it."
That's the exception rather than the rule though.
- HeyLaughingBoy 3y agoI used to work for a small company that sold a device for $400 which had a Bill of Materials cost of about $20. Nearest competitor sold theirs for around $900 and looked slick. Ours was housed in (I kid you not) a Radio Shack blue plastic box. One day I got a call from a plant foreman needing a replacement and asking the price so he could get Procurement to order it. His reaction was "that little box is $400??!! Whatever, can you Overnight two of them, we're down right now." Value and price are two very different things!