The Dirty Secrets of Your TradeSo, Television is a hot bed of lies, deceit and made up competitions. We can't say that we are that surprised... every job is full of this stuff. It's not like the newspapers currently kicking TV whilst it is down are all that innocent.
We'd like you to even things out a bit. Spill the beans on your own trade. Tell us the dirty secrets that the public need to know.
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chthonic, Thu 27 Sep 2007, 10:31)
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Interesting to read about the car industry profit margins...........perhaps you ought to try Audio as an industry. Almost without exception the following margins are applicable on stereo gear;
Manufacturer- 20-25%
Distributor-35-40%
Dealer 40-50%
Thus a £800 stereo amp will be £160 worth tops and that usually includes shipping it from the Far East as well. At the seriously high end where I used to sell gear, we had a £22,000 digital to analogue convertor that had a cost (less VAT) of £6600. Given that the manufacturer- selling direct in this instance habitually enjoyed making 60% on his sales as well, you can see that life isn't too arduous for all concerned.
In other words, don't try and haggle for your car but go nuts when choosing your next stereo.
(, Thu 27 Sep 2007, 15:21, Reply)
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