Prices...What The...???

Started Apr 14, 2011 | Discussions thread
bgD300
Veteran MemberPosts: 4,552Gear list
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Re: Prices...What The...???
In reply to moimoi, Apr 16, 2011

the other factor is business risk due to falling currency. Say you buy a $1000 wholesale lens, sell it for $1200, a 20% markup. 10% is inventory and selling cost leaving you $100 profit. You go to buy another for stock and find the wholesale price is now $1090. You've reduced your profit to 1% so, you know you better shoot a bit higher when you price that new one because the trend on price is upward.
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