Quote:
Originally Posted by 450slcguy
Sounds like you won't be in business for long. You have probably lost more customers than you'll ever know. People tend to know when they get ripped off by greedy small businesses, and they will never return. Very unethical attitude and you should be ashamed of yourself.
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A business will adjust prices prices according to market changes.Right now steel,zinc anc copper, among other things are on the rise. If a company has a certain amount of a given product in stock purchased at xx price, but needed to buy more at xxx price, you would not sell the remaining product at xx price just to buy it again at a higher price. Take gasoline for instance. If the price goes up, you adjust your prices right away, you don't wait until your reserve runs out and then raise the price when you get more, because then you have say a supply of gasoline with half of it you paid 2.00 a gallon and half you paid 2.5 a gallon. You would not know where the 2 dollar a gallon stuff ends and the more expensive begins. You are sure to lose money that way. That is why you see 2.89 a gallon one night and the next day it has gone up to 3.00. most likely they didnt fill it up. The market on the product they purchased is fluxuating and while yes I probably should have not done what I did, but believe me, I'm not the only doing this. lots of merc mechanics charge high prices because they can. Why not make a better profit when you can, becasue the opportunity doesnt come aroud often. Just like the mercedes 02 sensor and the ford 02 sensor. why is it 150 bucks vs 40? because they can get it. This is just business.