dpd1 - 8:34 pm on Jun 11, 2008 (gmt 0)
Having to move that much product and money for that kind of profit is crazy. I'm not sure if they just have bad accountants or what, but I really wish companies that do this would just all go away. We have two other companies that compete directly with us and both have prices that are one third of ours. I know exactly how much it costs to make the products they offer, so I know they're barely making a profit, if any. I think some companies are just so desperate to make sales, they operate on a wing and a prayer. It just makes it that much harder for everybody else though, because even though they'll probably go away eventually, there will be two more to take their place. Between that and trying to compete with the 'make money on eBay' crowd who selling stuff from liquidation sales for pennies on the dollar... it can be quite demoralizing. When customers see something for such a cheap price, they couldn't care less how it's being sold for that price... They just think your higher price is a "rip-off", even though it's completely legit.