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Have you recently been ripped off, or seen a good rip off?
I was looking for a reading lamp. Checked on an auction site - over £15 quid! Checked the make shown - found the wholesaler! Guess what? £2.52 each - with discount if you buy 100 plus!
The wholesaler is based in the UK!
3 Answers
- NightworksLv 79 years agoFavorite Answer
I don't see what the problem is. How do you think any company makes a profit?
The manufacturer sell to the wholesaler for £1.00.
The wholesaler sells to the retailer for £2.52.
The retailer sells to the consumer for £15.
This is something called "business". It's how any chain of supply works.
Did you really not know that??!!
- 9 years ago
That's how capitalism works, supply and demand, the price is determined by market, the worst thing is that some 12 year old in china probably Gets paid ¥2 a day to make them
- minervaLv 79 years ago
friend paid break down insurance for washing machine, when it broke they said part obsolete. now trying to get 12 months insurance back with help of trading standards