Posts Tagged ‘markups’

Using Clothing Discount Stores To Evaluate Markups

Sunday, April 28th, 2013 by

Today I went shopping for some clothing for thing such as dress pants and shirts. At first I started at the well known stores as apparently they were having a sale. Despite this, the prices were extremely high to the point where you juts have to wonder how much the item is marked up. So I decided to go to a clothing discount store as I know this is usually a good way to see how cheap the products can get.

Not surprisingly, I was able to find pretty much the same brand of clothing for about 60% cheaper. While the variety was obviously way less, this then gave me a good price basis to determine if I should keep looking for a better deal. This greatly helped as for the bigger stores that were having a sale I could pretty much tell which ones were a good deal versus the ones that may say it is like 40% off when really the price seems to be inflated.

Even if you don’t intend to buy anything, those discounts store are a good way to price compare on the spot I think if you don’t happen to be an expert when it comes to shopping for certain items.

Finding Out If People Actually Do The Work Themselves

Friday, January 18th, 2013 by

Today I was talking to a person how I thought certain companies were charging so much for some basic services that should otherwise be very easy. Sure enough, if you look at some of their competitors the rates are extremely different which then makes you wonder are they just that much better to justify the higher cost? He then threw a very valid point at me as he told me that most likely certain people are actually contracting others to do the work for them. Therefore, because they have to pay them while still making money for themselves this results in a higher price.

That is so true I thought and is often a point that people forget to research when they are doing business with a company. This can be a common thing when it comes to to like site creation, lawyer services or even home renovations. Many times companies will advertise that they can do it all whereas in reality they can’t do it themselves and rely on outside help to do the job. So this is a very simple point to research in an effort to save money as to whether or not the company does everything themselves or if they outsource it to others. If anything, knowing this detail you may be able to simply cut out the middle man and go straight to the people that actually do the work to save money too.