dmccarty
Super Star Member
A fake version of a popular cancer chemo drug was going around recently. The stuff was being sold from a small outfit in Montana. As the fake medicine was being tracked it was thought to have gone through France, Egypt, and maybe made in Turkey.
Not sure anyone really knows where the stuff was made. I THINK the WSJ report said that the fake drug was found because the batch numbers were a duplicate and somehow, someone noticed. The packaging was a perfect clone.
High markups are common. It has been many decades since I worked at Radio Shack but I remember the markups were very high. The store would be charged a couple of dollars for a product but sell it for $20. That store was not making a fortune even with high markups.
Buying local vs web for us has gotten down to not only price but more importantly the time and cost it takes to get to a store. I can sit at home and buy something off Amazon and have it at the house in two days. My schedule might keep me from even getting to a local store for 4-5 days and then the store might not have the product.
Last Saturday I was doing some training and during a break we were discussing buying a product that costs $100 locally. I had bought the product last year on Amazon for $60-75. One of the guys has a smart phone and starts looking at Amazon for the product and another guy says to google for a coupon. Sure enough there was a $25 off coupon! :laughing: The guy with the smart phone ordered the product and got it for around $50 vs $100 locally. He did this while sitting in a room in a hole in the ground out in the middle of nowhere and it took less than five minutes. He saved both time and money.
Later,
Dan
High markups are common. It has been many decades since I worked at Radio Shack but I remember the markups were very high. The store would be charged a couple of dollars for a product but sell it for $20. That store was not making a fortune even with high markups.
Buying local vs web for us has gotten down to not only price but more importantly the time and cost it takes to get to a store. I can sit at home and buy something off Amazon and have it at the house in two days. My schedule might keep me from even getting to a local store for 4-5 days and then the store might not have the product.
Last Saturday I was doing some training and during a break we were discussing buying a product that costs $100 locally. I had bought the product last year on Amazon for $60-75. One of the guys has a smart phone and starts looking at Amazon for the product and another guy says to google for a coupon. Sure enough there was a $25 off coupon! :laughing: The guy with the smart phone ordered the product and got it for around $50 vs $100 locally. He did this while sitting in a room in a hole in the ground out in the middle of nowhere and it took less than five minutes. He saved both time and money.
Later,
Dan