Been seeing a lot of posts about companies upping their price during this hard time we are all having. I would like to know and I’m sure others would like to know what companies are jacking prices up 20-50%. This way we have a list of who not to buy from in the future. I saw cheaper than dirt is gouging and after the last time they did it I canceled getting their sales books. It’s very sad companies pray on the weak during these times.
Who’s upping prices?
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earlthegoat2
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It’s an ole trick in merchandising called protecting your inventory.
You’ll get over it eventually and the same old players will be at it again come next time.
You’ll get over it eventually and the same old players will be at it again come next time.
buck460XVR
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Like with the previous shortages, this one too is self inflicted. There is no legitimate reason for folks to binge buy and pay obscene prices other than their own stupidity. We've been through this before. Because there is no real shortage and ammo is not a basic necessity, it isn't gouging, but what the public is willing to pay.
[QUOTE="buck460XVR, post: 11432584, member: 42855"...]it isn't gouging, but what the public is willing to pay.[/QUOTE]Bingo!
Anyone with any understanding of economics understands that when an increase in demand has not yet been matched by an increase in supply, prices rise.
That's what is happening now--increasing demand.
Nothing sinister about it.
If prices were somehow held down, buyers would be faced with greater shortages.
And then a black market would develop.
Anyone with any understanding of economics understands that when an increase in demand has not yet been matched by an increase in supply, prices rise.
That's what is happening now--increasing demand.
Nothing sinister about it.
If prices were somehow held down, buyers would be faced with greater shortages.
And then a black market would develop.
Otto
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Are Brownell's, MidwayUSA, Bud's and Cabelas raising prices to profit from a National disaster? Nope.
When toilet paper was vanishing from the shelves, did your local grocery store double the price for a roll? Nope.
Most legit businesses have a code of decency.
When toilet paper was vanishing from the shelves, did your local grocery store double the price for a roll? Nope.
Most legit businesses have a code of decency.
hank327
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Cheaper Than Dirt, notorious price gougers from way back, are at it again.
Old Dog
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Yes, yes they did. I'll call 'em out by name: Safeway. But then, I live in the greater Puget Sound area, now acknowledged as the epicenter of COVID 19 in the USA.
Oh, the black market has already evidenced itself.
And now, I'm even seeing a few guys on our regional gun boards advertising ammo for sale ... well above what the retail prices were just a few weeks ago. It's not just the businesses/companies.
But people up here are freaking out. We've got more'n three times the numbers of cases, and deaths, as California, yet that state's dictator had ordered everyone to stay at home? Stuff's gettin' crazy.
Deus Machina
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Companies are taking taking three stances on this.
1) Business as usual. Original prices, they get a big boost in sales early on and pay overtime until they don't have enough stock to worry about it. They probably won't be out of stock long until the bubble pops.
2) Raise prices enough to cover the expenses of demand. They'll pay less overtime as consumers buy from 1, but will still have stuff when 1 runs out.
3) Jack those prices sky-high. Double, triple, quadruple. They won't see the initial sudden jump as the others but they'll still have stock once 1 and 2 run out and if the bubble doesn't burst by then, if you want to play they'll be the only game in town.
Everyone knows that casual consumers have short memories. 3 is banking on that. 1 and 2 know it, but once things settle down the casual consumers will come back, and they'll have loyal ones.
1) Business as usual. Original prices, they get a big boost in sales early on and pay overtime until they don't have enough stock to worry about it. They probably won't be out of stock long until the bubble pops.
2) Raise prices enough to cover the expenses of demand. They'll pay less overtime as consumers buy from 1, but will still have stuff when 1 runs out.
3) Jack those prices sky-high. Double, triple, quadruple. They won't see the initial sudden jump as the others but they'll still have stock once 1 and 2 run out and if the bubble doesn't burst by then, if you want to play they'll be the only game in town.
Everyone knows that casual consumers have short memories. 3 is banking on that. 1 and 2 know it, but once things settle down the casual consumers will come back, and they'll have loyal ones.
There is no good way to compile a list without this turning into yet another mess.
Exactly right.
Plus, we should have been posting "where are good sales" threads during the good times and stocking up, not waiting until we are worried about supply and panic buying.
I just posted this in a thread in reloading.
Plus, we should have been posting "where are good sales" threads during the good times and stocking up, not waiting until we are worried about supply and panic buying.
I just posted this in a thread in reloading.
That time to buy has been the last 3 or 4 years of plenty, whoever is getting nervous now and is buying a lot didn't follow the advise put forth in this earlier thread. A little extra every month or two for the last couple, three, four years would have put anyone in good shape.
Still, it isn't bad just yet, and may not get that way, but if buying spikes, guess what.....
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