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cost/selling price is the actual profit %. So if you pay $100 for something and sell it for $120, 20%is NOT you profit margin. $100/$120=.84 or 16%. |
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Many people just don't know the difference between MARKUP and MARGIN. |
Lenny you present yourself w class and style everytime you post. I mean that. :thumbsup:
OTHO, I'm the exact oppostie so PM the name of the header company so I can start a smear campaign and get you your headers. :cool: You can thank me by posting a start up vid of your killer machine. Deal? :D |
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Lenie, let us know when you want to let the dogs out. :D We'll make them pay with some little things called REPUTATION and LIVELYHOOD.:yes:
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Well said.. thanks for the perspective.... In on the Boycott.... i thought it was too good to be true..... will spend my 10-20K elsewhere..
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Mr. Weld, I had a very wise Regional Sales Manager that I worked for that once told me "Not all distributors go to heaven." Those are some serious words of wisdom.
It's not at all easy to put the genie back in the bottle once a pricing/terms/conditions precedent has been set and FOLLOWED BY OTHERS. That's the nature of capitalism. Oh, and Greg, isn't that what a stocking distributor is supposed to do, stock product? They don't like that one little bit when the inventory carry cost eats into an average mid-20's GP% for the local warehouse (industrial distribution.) Hence, the overnight delivery to a local from a master DC on pricey parts. As Brett mentioned, a manufacturer cannot dictate what a distributor sells a product for. That's price fixing, and I don't believe that spending quality time with Bubba in the Fed Pen is worth it. If the distributor wants to lose money on the sale, that is their choice. The only way that the manufacturer can have any sort of control/price fixing is to cancel any distributor that sells below the retail price level . That's why there are some products that cannot be found below a certain price level. That can be a mixed bag for both parties. There are plenty of vendors out there that have splendid reputations. Some have been mentioned here. For me, one of the best has been Kore3. I'll deal with Tobin again because he let me bounce some ideas/problems that I continue to deal with. That is something that he paid for with his sweat figuring out, so if buying some parts from him helps pay the bills, I'm good with it. The stench of poor customer service lasts a lot longer than the satisfaction of knowing you received your money's worth from paying a higher price for outstanding service. .....off soapbox. |
What a strange thread:(
A vendor who couldn't compete, starts by whining about a competitor, and giving a, why can't we vendors be OPEC and agree to all raise our prices argument. Then it turns into a pile on session rehashing old issues. I hadn't been around in a while, so I checked out the other threads about vendors. More piling on, with no real facts. Then when a vendor decides to defend himself, a MODERATOR jumps into the fray with a "he screwed me" story. Vendor falls on his sword, admits a couple of mistakes have been made out of thousands of transactions, but all are remedied now. Vendor then refutes the moderators story with email proof from the wheel supplier in question, then the MODERATOR deletes posts and locks the thread. What the hell really happened? What a load of BS That is why these issues don't get resolved on forums, there is always two sides to a story, and with custom work, many conflicts. I for one support him, no ifs, ands, or buts. Always on time for me, loads of help when needed, and great prices. I can tell you why he is able to offer the prices he has, because despite the appearance, he is basically a one man show. He runs the parts business, answers the phone, directs the paint and body shop and just about everything else. His overhead before he moved into the new shop was laughable. His shop consisted of a nice paint booth, with an attached shop that was ridiculously small. His teardown guy often worked OUTSIDE, hows that for low cost? I don't doubt he cleaned the toilets also.;) Betcha didn't know he was the tech advisor for the US Camaro club and often wrote articles for the magazine 20+ years ago. All this pissing and moaning has driven one of the best resources for 1st gen camaro tech almost out of easy reach. He has forgotten more about 1st gen camaros than the other vendor ever knew. If it is so easy to be perfect, and make money in this business, why don't some of you internet expert complainers hang out your shingle? O, I forgot, now you can be criticized for paying your bills and mortgage :rolleyes: People reading this in the future would be well advised to take everything with a grain of salt. I have been there, seen the operation, spent plenty of money, had a car painted, and I will go back. No doubts whatsoever. |
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