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Based on my rough calculations, at a 1,333,333% markup. http://thetyee.ca/Opinion/2015/02/24/Nestle-Pays-Nothing-to-Bottle-Water/?utm_source=daily&utm_medium=e
by wahsd 12y ago
Based on my rough calculations, at a 1,333,333% markup.
http://thetyee.ca/Opinion/2015/02/24/Nestle-Pays-Nothing-to-Bottle-Water/?utm_source=daily&utm_medium=email&utm_campaign=240215 http://thetyee.ca/Opinion/2015/02/24/Nestle-Pays-Nothing-to-...
- stock_toaster 12y ago$2.25 for a million liters of water? Wow, that is crazy. This really exemplifies the age of big-corp we currently live in.
- danudey 12y agoThis is actually an improvement, in that before this legislation it was free to bottle your own water in BC. This price isn't nearly high enough, but it's better[] than before. The last estimate I saw was that Nestle was going to pay about $550/yr to bottle and sell our water back to us.
- brandonmenc 12y agoIntel is marking up sand at a couple orders of magnitude greater than this.
- sjwright 12y agoLook at it another way: the incremental unit cost of flavours, colours and carbonation probably isn't much. So really, every bottled beverage is primarily driven by logistics, marketing and consumer willingness. I doubt water is any more profitable than cola. The difference with plain water is it's pretty much a true commodity product; assuming free-market economics, if it really were feasible to lower prices it would have already happened.