CptLici
Not so new Member
If shops are to maintain Australian workplace standards they need 100% to cover compliance costs. Alternatively they can adopt third world pricing and third world standards. I know a lot of the prodcuts I buy direct are less than 50% of Bunnings retail so they are therefore marking up by more than 100%.Thats how our system works to maintain the standards of living we enjoy in Australia.
I guess the trick is knowing who the manufacturer is, to be able to buy direct from them for less. For example, on our products we sell in Bunnings, there is actually no tie back to us as the manufacturer. It is not branded with our brand that we sell to distributors and contractors, and our company name is nowhere to be seen. The distributor who buys from us and sells to Bunnings does the branding.
I actually saw one of our new products stocked in a Bunnings here in Sydney the other week, priced at $60. If you can track us down as the manufacturer and find our factory in Brisbane, you can buy the same thing for $25