Muleskinner
Ultimate Member
I went to Molly's yesterday and they had cases of primers... $150 a brick.. of course nothing had a price on it at the shelf. When she rang it up i told her she should be ashamed to gouge her customers and walked out.
I went to Molly's yesterday and they had cases of primers... $150 a brick.. of course nothing had a price on it at the shelf. When she rang it up i told her she should be ashamed to gouge her customers and walked out.
I went to Molly's yesterday and they had cases of primers... $150 a brick.. of course nothing had a price on it at the shelf. When she rang it up i told her she should be ashamed to gouge her customers and walked out.
Upside, if smaller shops and dealers at the shows are starting to have decent stocks, means more likely than not prices are going to start coming down in the next couple or few months. They are only going to sell to the real desperate who have money to spare. Not a whole ton of those.
I went to Molly's yesterday and they had cases of primers... $150 a brick.. of course nothing had a price on it at the shelf. When she rang it up i told her she should be ashamed to gouge her customers and walked out.
And do you know how much they paid for them?
If you KNOW they had them pre-panic and raised the prices on stuff they paid $20 - $25 per 1000, then yes, they are profittering.
But they may have found a source at $125 a brick, and got them as a service to their customers. So HAVE to sell them at the price to cover the cost, plus having cash tied up in them.
And do you know how much they paid for them?
If you KNOW they had them pre-panic and raised the prices on stuff they paid $20 - $25 per 1000, then yes, they are profittering.
But they may have found a source at $125 a brick, and got them as a service to their customers. So HAVE to sell them at the price to cover the cost, plus having cash tied up in them.
If you KNOW they had them pre-panic and raised the prices on stuff they paid $20 - $25 per 1000, then yes, they are profittering.
I would think about your retail seller's replacement cost to sell to you.
If they initially buy at wholesale 1K primers for 28.00 and sell normally @36.00 thats an 8.00 profit minus overhead, labor business expenses ect.. If their supply raises then they have to raise the price. The cost of replacing of those 1K primer.
Now if they warehoused 5000 cases of 1K primers before the shortage hit then I would understand price gouging and profiteering.
The other thing that is added into the price of primers and powders is the HAZMAT shipping fees which also has gone up.
I was more upset that those primers weren't marked. I wonder how many times they have been picked up and walked to thr front counter then left.... i did.
I was more upset that those primers weren't marked. I wonder how many times they have been picked up and walked to thr front counter then left.... i did.
It’s possible. If it was from a distributor though, they sure didn’t pay that. Or I should amend my statement. At least medium to large guys aren’t. I don’t know what small shops contract/supply situation is. But I know the manufacturers have not had any increases in price or they’ve been nominal. There are a lot of large resellers that haven’t touched their price. Now it’s possible small shops are getting them from a reseller instead. But if they are getting from from a wholesaler/distributor the only way they are paying $125 is if they get screwed by their supplier.
At least with Ammo I know most of the ammo manufacturers have increased prices about 15-25% above prepandemic, but that is as much that materials costs have gone up a lot (mostly copper and zinc, but lead prices have also gone up some). (Which of course most Ammo sellers have still significantly increased their margins right now).
In retail, you don’t sell an item based upon for what you paid for it. You sell according to your wholesale replacement cost, or you’ll be out of business fast. “You only paid $xxx.xx” has nothing to do with it.
I would think about your retail seller's replacement cost to sell to you.
If they initially buy at wholesale 1K primers for 28.00 and sell normally @36.00 thats an 8.00 profit minus overhead, labor business expenses ect.. If their supply raises then they have to raise the price. The cost of replacing of those 1K primer.
Now if they warehoused 5000 cases of 1K primers before the shortage hit then I would understand price gouging and profiteering.
and when you're limited to a 1k of primers or 1# of powder, whether by store limits or not enough in stock, that can easily double your unit purchase cost. i've been pretty lucky in buying 5k pkgs of primers and 8# jugs of powder but not always.
It depends on your model.
You can sell for cost + X. And when you order your next batch, at a higher price, your selling price goes up. A lot of retailers do this.
If the market price goes up, they may raise the price a bit. Some will raise it all the way. And that is profiteering.
Selling your way is nice, but that means I sell the primers I have for $200 per 1000, that I paid $10 for. And the next ones you buy at $150 per 1000, you sell at $300 since the prices are going up. Nice work if you can get it.
Only people who want to be bankrupt exclusively use cost + X without factoring replacement cost for their stock. If you don’t factor replacement cost in your retail price, you can make a healthy profit and not have enough money to replace your wares and end up out of business after making what you thought was a lot of money.