4 ms·
in 2000 we bought stainless steel kettle for $70. Buying it i felt it was expensive, and there were cheaper plastic ones. My wife overruled. As usually she was
by VladRussian2 13y ago
in 2000 we bought stainless steel kettle for $70. Buying it i felt it was expensive, and there were cheaper plastic ones. My wife overruled. As usually she was right. In 2013 she said that its time to update (though the old one was still in pretty good shape and hadn't produced any issues during those 13 years with everyday usage - at morning once and several times in the evening), and we bought new, stainless steel, for $90 something. This time i didn't even said anything.
Giving the retail markup of say 50% and wholesale markup of say 30%, the difference at the manufacturer of $90 vs. say $50 becomes $31 vs. $17 ($10 vs $5 BOM :)