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how much does Bestbuy pay for their stuff?

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Originally posted by: Ilmater
Originally posted by: rh71
Does this really make up for all the employees' pay every single day across the way ? I mean, how many of these cables (and other slightly marked up items) do they sell per hour ? Know what I'm saying ?
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But you only have to recoup the cost of the employees working in the computer section and some of the cashiers' wages. All you'd have to sell is like a couple an hour, and while you might not get that during the week, you'd certainly get that - and more - on weekends. Think about it - $6 money for each cable like that. Sell two and you can pay one employee $12/hour. Sell one USB cable/network cable @ $20 and you'll make like $15 or more, which will take care of an employee by itself. Then you make $100 on a computer, $20 on a hard drive, $20 on RAM, $20 on a printer, another two cables for $20 profit - you could easily sell all that in one week night (a slower night) and have paid for your employees.
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...and the cost of the lease/building, and the cost of the utilities, and the cost of the maintenance, and the cost of the employee's benefits, and... the list goes on and on. There's more to overhead than just employee pay.
 
Originally posted by: alkemyst
Knowing the merchant price is not going to help you much...best way to do it is to hunt the same or a comparable product down elsewhere at a lower cost. If a store will price match it you are golden, if not and the merchant is reliable order it from them.

I gave up trying to give local businesses business. I called the local Nissan after sending three emails/webforms for request for quotes.

I have about 20-30 small items totalling about $400-$500 MSRP. Online the best deal is about 25% off list once shipping is figured in (30% off + 6% shipping)....I asked how close could they get to the quoted prices.

I finally called and the guy was like "oh we saw that...we don't sell performance parts"...I was asking for interior trim, plastic and metal clips, a few bolts, and all the maintenance parts (cap, rotor, etc)......

then he goes on to say all Nissan sells at the same price, if it's different it's a reproduction or stolen part ?!?

Anyways for a part I can get for $37.40 shipped they want $54.80 + tax....
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Eh, its helped me in the past in negotiating with car dealers (parts) and retailers (electronics). Works out great for me.
 
Originally posted by: NutBucket
Originally posted by: alkemyst
Knowing the merchant price is not going to help you much...best way to do it is to hunt the same or a comparable product down elsewhere at a lower cost. If a store will price match it you are golden, if not and the merchant is reliable order it from them.

I gave up trying to give local businesses business. I called the local Nissan after sending three emails/webforms for request for quotes.

I have about 20-30 small items totalling about $400-$500 MSRP. Online the best deal is about 25% off list once shipping is figured in (30% off + 6% shipping)....I asked how close could they get to the quoted prices.

I finally called and the guy was like "oh we saw that...we don't sell performance parts"...I was asking for interior trim, plastic and metal clips, a few bolts, and all the maintenance parts (cap, rotor, etc)......

then he goes on to say all Nissan sells at the same price, if it's different it's a reproduction or stolen part ?!?

Anyways for a part I can get for $37.40 shipped they want $54.80 + tax....
Click to expand...

Eh, its helped me in the past in negotiating with car dealers (parts) and retailers (electronics). Works out great for me.
Click to expand...

It's not going to work with the best buy types was my point....I mentioned price matching if they would do it as well.

For car parts and smaller mom and pop stores negotiation works a lot better.
 
Originally posted by: alkemyst
Originally posted by: NutBucket
Originally posted by: alkemyst
Knowing the merchant price is not going to help you much...best way to do it is to hunt the same or a comparable product down elsewhere at a lower cost. If a store will price match it you are golden, if not and the merchant is reliable order it from them.

I gave up trying to give local businesses business. I called the local Nissan after sending three emails/webforms for request for quotes.

I have about 20-30 small items totalling about $400-$500 MSRP. Online the best deal is about 25% off list once shipping is figured in (30% off + 6% shipping)....I asked how close could they get to the quoted prices.

I finally called and the guy was like "oh we saw that...we don't sell performance parts"...I was asking for interior trim, plastic and metal clips, a few bolts, and all the maintenance parts (cap, rotor, etc)......

then he goes on to say all Nissan sells at the same price, if it's different it's a reproduction or stolen part ?!?

Anyways for a part I can get for $37.40 shipped they want $54.80 + tax....
Click to expand...

Eh, its helped me in the past in negotiating with car dealers (parts) and retailers (electronics). Works out great for me.
Click to expand...

It's not going to work with the best buy types was my point....I mentioned price matching if they would do it as well.

For car parts and smaller mom and pop stores negotiation works a lot better.
Click to expand...

It works depending on what type of chain it is. We have Good Guys in Cali (electronics) and they're still comissioned IIRC and they do negotiate. The last time I needed car parts I went to my local Honda dealer and got the same price as online.
 
I went in and asked an employee how much of a discount they would get with their employee discount on an ATI Radeon XT ($199.99). He gave me a printed slip back and said the employee would pay around $163+Tax. Since Employees pay Cost + 5%:

Cost = C
Original Price = $200
Discounted Price = $163
Employee Discount = C + .05

Someone figure this out. I don't think I came up with a correct equation since I found C = $171, but C should be lower than $163.
 
Originally posted by: weirdichi
I went in and asked an employee how much of a discount they would get with their employee discount on an ATI Radeon XT ($199.99). He gave me a printed slip back and said the employee would pay around $163+Tax. Since Employees pay Cost + 5%:

Cost = C
Original Price = $200
Discounted Price = $163
Employee Discount = C + .05

Someone figure this out. I don't think I came up with a correct equation since I found C = $171, but C should be lower than $163.
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$155
 
i remember back in the day they sold the $40 parallel port printer cables...such a rip... I looked it up in the system one day and our employee price was like $8. speakers and audio stuff is what you want to buy.. or tvs. everything else sucks for discounts.
 
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