7Daddies
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The reason why some states have price gouging laws
I've never before hoped that someone's business is looted, but this ass deserves it.
Aug 28, 2017 1:58 PM
7Daddies
239096
5458
526
I've never before hoped that someone's business is looted, but this ass deserves it.
CatOfGrey
You're right. Business should just shut their doors and refuse to serve people during a disaster.
dontmagpie
yall are stupid as fuck. do the math on some of these, that IS normal retail case prices for fancy ass bottled water
phosphorusTiles
People on here need to study micro economics. You're all advocating for shortages.
Th1sNam3IsOr1g1nal
Went ahead with the downvote because of the misinformation. Don't want this owner getting harassed just because his power went out :(
Tezunegari
Downvote. Water prices are for 24-packs and reasonable for the shown brands. Gas price is default setting after powerloss.
Tuxedoian
This is not gouging. Those water bottle prices are cheaper than you could buy individual bottles for.
personalspaceinvaderspiff
these pics are from different stores. and plenty of ppl here pointed out those bottles are priced to be sold individually, not in bulk.
teknoman117
Where to begin. Exxon signs default to 8.76, and that water pack is being sold at cost as they were meant to be sold individually.
PacifistPlaythroughs
That's the normal price for water bottles at convenience stores you morons
drcube2000
Reasonable water prices and default gas price after a reset due to power loss. Let's not ruin someone's business without all the facts.
SaltismySugar
It can be argued that price gouging makes sure that only those that really need the supplies get them. Like ice, (continued)...
SaltismySugar
Like ice, only people that need ice to store medication or food for children buy it and people that just want a cold drink go without ice.
ImTiredOfThisOrgasm
The bottom right photo was taken at a Home Depot
couchguy421
$20 for a 24 pk of water is not a big deal.
whargarble
Shame on op. Fake.
SepticStorm
it has been said in comments. all gas prices are the same, likely sign fault due to power/data failure, Water looks to be intended for
SepticStorm
individual sale, but due to emergency and demand, they are selling in packs $42.72 / 24 = $1.78 ea. likely not gauging here.
iyamgurting
Hes taking individual bottles and selling them in bulk, whats the point? Would you rather 24 single bottles of a case?
HsuDoNihm
"This is how the doing us..." [facepalm] "... in the horrible situation." [Gods of grammar and syntax die]
MerToo
probably the dehydration talking
MASTERLITE
There selling it for the actual retail price if you bought them all individually it come up to those bottles are supposed to be sold 1 by 1
dorklordsickus
Still illegal in texas https://www.texasattorneygeneral.gov/cpd/file-a-consumer-complaint
SherMattLockSmith
Not illegal, home depot does not sell cases of 20.oz Dasani normally, manager just brought out cases of what they normally sell as (1)
SherMattLockSmith
(2) Singles, which they paid more for. Normal price is 1.78$ * 24=42.72. The manager cannot change the price on the singles.
kmikl
It actually *is* gouging under TX law, www.statutes.legis.state.tx.us/SOTWDocs/GV/htm/GV.418.htm the SKU is irrelevant, and managers /1
kmikl
/2 can change prices in every store.
SherMattLockSmith
What specific section of this law are you citing to back up your claims? I have read through it all, there is nothing about price gouging.
kmikl
My mistake: http://www.statutes.legis.state.tx.us/SOTWDocs/BC/htm/BC.17.htm#17.46
SherMattLockSmith
They did not raise the price, they are charging the normal shelf price. And managers can give SINGLE ITEM discounts at discretion at 1/2
SherMattLockSmith
2/2 The register, they cannot arbitrarily change the price on the shelf. I have worked in retail.
SherMattLockSmith
What part of NORMAL PRICE is not getting through to you?
kmikl
Read the fucking law I linked for you. NORMAL PRICE IS IRRELEVANT.
DarkBluePhoenix
I think the core concept is escaping this one, or is flying extremely high over their head. Basically you can't fix stupid.
scd1965
This shouldn't be illegal. Unless you do this, people get more than they need to survive and there is a scarcity. Same with hotel rooms
mestrawberrysmiggles
Jesus H. Christ finally some one that understands basic supply and demand economics.
guitargeek6298
That's indeed in short supply around here.
scd1965
At $100 a room I'll get two for my family of four. At 400.00 a room we sleep doubled up, and more people get rooms.
imblacklol
The gas station isn't open, they were testing the sign. The water is from home depot and is $1.78 a bottle from the little fridges but from
imblacklol
their POS system they cant sell it by the case. $1.78 x 24 = 42.72
imblacklol
The other Dasani is for 1 Liter bottles. And the other water is less than .50 a bottle, its for a 40 pack lol.
Zidar911
Exxon numbers default to 8.76, same happen at mine during construction. Dasani water was confirmed to be the correct price a few days ago.
jtnosaints
The Dasani water was at my local Home Depot in kemah Texas. They don't sell packs of water just individually. People asked the manager. 1/2
jtnosaints
2/2 so the manger decided to sell the packs with the individual price to total the price that you see.
sciencebasedlifeform
Yeah theres a bank sign out front
Sqwuid
I can buy a case of water for 3 bucks literally anywhere
Sqwuid
YES. LITERALLY.
Storm91
Or you have more expensive gas than Norway have for now
Storm91
We have at the moment around 7,5 $ per gallon
MundaneFinality
If your sign defaults to showing an extremely high price, you deserve ehatever negative press you get. You are advertising your price.
mrwowiezowie
Yeah, if anything this is more like imgur point gouging instead.
UavinAGiggowMate
Of course! Wouldn't want them to default to 0.00.
[deleted]
[deleted]
rumandbass
I figured it was the max they were able to charge.
TechnicallyCorrectIsBestCorrect
Why would they set a max?
MadiCorax
For profit. If that was the only available gas station in the area, people would be forced to pay that price if they needed the gas.
TechnicallyCorrectIsBestCorrect
No, I meant why would they make the digital signage max out at only $8.76 and not at $99.99 or something?
waitwhatidontgetitexplainitslowly
But @op wants to "eff" that owner and gin up a mob. The only thing worse than a liar is an ignorant angry person.
EgregiousCodswallop
I mean, I'm always down for a murder but I want to know why I'm murdering
secretoaster
Don't worry internet, Harvey is effecting gas price country wide due to refineries located in Texas. That price might be everywhere soon.
noReallyIamPrincessBob
*affecting
OtterAvalanche
Affecting.
tornadosandwich
It's high yeah, but non insane really. Not even $2 a bottle
clankthegray
Thats quite a price hike. Where i live you can buy a 24pk of bottled water for no more than $3-$5 tops. That's def. Price gauging imo...
tornadosandwich
We're talking about a convenience store, not a Walmart. It's gonna have a bigger markup
RdizzyC
Even at a convenience store or gas station in NY ,you can get one for like 7-8 bucks.
alex5775
A bigger markup sure, but 40 dollars for something these people are going to need? That's fucking evil
kmikl
Proof?
Zidar911
/a/pBf0a this was taken July, 12th at new store. It wasn't open yet, the signs defaults to 8.76 9/10, or 10, 9, 8, 7, 6.
kmikl
Fair enough. What about the prices on the ticket? If they're from TX, that's still gouging: it's determined by item, not sku.
Zidar911
http://www.homedepot.com/p/Dasani-20-oz-Dasani-Water-217886/202289478 $1.78 for a bottle. Times that by 24 you get $42.72
kmikl
http://www.statutes.legis.state.tx.us/SOTWDocs/GV/htm/GV.418.htm SKU is irrelevant.
AdmJota
I assume you mean $8.77? (or $8.769, if you want to be unnecessarily precise...)
mikekearn
In the US, all gas prices have 9/10 at the end. We all know it's there, so we don't round prices. You'd always write the OP price as $8.76.
AdmJota
In the US, all gas prices have 9/10 at the end. We round up, because we don't use tenths of a cent. You'd always write the price as $8.77.
mikekearn
Almost every gas station in the US writes out the price as $8.76 ⁹⁄₁₀. Sarcastically rewriting what I wrote doesn't mean anything.
AdmJota
I know they write the prices that way. But you read "$8.76 ⁹⁄₁₀" as "$8.77", not "$8.76". That'd be like saying a $1.99 item cost a dollar.
E509
Banks do actually take notice of tenths. If you use a card it is counted.
darkprincess0212
But I just bought a case of Dasani for 6.99 in Indiana /:
n0n53n53
good for you . I bought a single bottle for $1.98. It's almost as if prices vary
truthsmiles
Many places don't sell by the case, just individuals. They're just leaving them wrapped for carrying.
eeddwwiinn
These bottles are made for vending machines. They more expensive for that reason. 20z bottles same bottles as a coke bottle in that size.
Cypheri
You can get it for $5 per 24 pack here. If you get "store brand" bottled water it's like $3 for a 24 pack.
Tinkrr
Sell it on Amazon, cheapest on there is 15$ for a 24 pack.
SepticStorm
amazon is always cheaper... so... these are the bottles you buy 1 off for $1.78 just left in bulk package due to demand. pain in the ass to
SepticStorm
walk out with 24 individual bottles.
Tinkrr
I know, I'm using Amazon as a baseline for the 19.99$ pack. Saying the price is comparable to Amazon.
SepticStorm
ah. then... yes
secretoaster
They're gas station price not costco
darkprincess0212
Yeah good point.
Keokri
But that is a pallet and feature in the background. Those pics weren't taken inside a gas station. The first is default in power failure.
Keokri
However the Ozarka water is. Small looking building. Cramped interior. That one is true. Plus I don't understand what is written on the tag.
Keokri
This needs to be reported as well.
Keokri
Last. Notice the lowest price guarantee lable. Large marketer/chain. Not Walmart wrong style. If anyone knows what kind it is pleas report.
Keokri
The use of Agua suggests a small/local chain. As well as the use of tile flooring. Local can be reported.
jimmythehat1
That's straight up illegal. Report that gas station.
SepticStorm
check again. that water is in wholesale packaging, meaining it was intended for individual sale @ $1.78 ea. just allowing case purchases
teknoman117
And exxon signs default to 8.76
barnwolf
So is that screwing over businesses? I'm guessing the cost to delivery more is a lot higher right now. So their costs went up.
Markuspsyches
It's just supply/demand they have the supply so they make the demands.
hjf2011
American CAPITALIST FREEDOM (restrictions apply)
DissidentRage
Oh, the poor, overburdened capitalist! It's so much harder for them than the common peasantry.
barnwolf
Or you could just downvote me for asking questions you don't like.
iLynux
The law is the law. They have to sell it at normal or slightly raised (not gouged) prices until they run out.
barnwolf
Exactly the law is forcing these businesses to operate at a lose, just so some self righteous asshole getting 5mpg can drive his truck...
iLynux
Are you fuckin jokin, m8? Did you know that a horrible hurricane just fucked south Texas, and this gouging exploits the victims, right now?
flyinglunchbox
The bottom two, to the right aren't price gouging. Those are 24packs used to sell in vending machines or by one bottle at a time.
imblacklol
Thank you! Nobody see's this!
kmikl
You have proof of such? 500ml individual bottles don't retail for $43 a pack in CANADA, so I doubt it, even the 1L packs are under $30.
StellarTransformation
that's neat, please inform me where in Canada TEXAS lies.
kmikl
Prices in comparison. BTW: TX price gouging is determined by item, not sku. Water is water no matter how it's packaged.
DenaliRaven
Silly Canadian, you don't know what you're talking about. Go back to drinking your syrup
kmikl
http://www.statutes.legis.state.tx.us/SOTWDocs/GV/htm/GV.418.htm silly fuckstick, Water is still water.
CEOEXPERT
you are stupid af water does not sell for that price regardless you dumbass!!
iamzcaptainnow
Fail.
n0n53n53
ever been to a gas station to buy water? It's usually 1.69 - 1.89 a bottle.
flyinglunchbox
They likely ran out of the rest of their cheap water packs and are selling their shelf back stock.
TezuNii
And the one above it is a 40 pack. so it looks to me that they're selling them off at the same price they bought it for
flowofcharacter
Same as they bought it for? Like they didn't buy it wholesale? I work as vendor for gas station and convenience stores, everything is double
TezuNii
That depends on where they bought it wholesale from, direct from manufacturer is cheapest but not always possible
flowofcharacter
Yeah I'm talking about vendors prices
eeddwwiinn
Yup
kmikl
I can get 24x1L at walmart in Canada for under $25. I'm calling BS on this: it's price gouging.
36roentgen
water, which will affect it's price.
36roentgen
is a convenience store, which pays higher than other regular stores for their merchandise. Third it also depends where they got their 2
kmikl
I've already responded with the law and the sections: what the retailer paid is irrelevant: price disparity on like articles is gouging.
kmikl
DV all you like, you can have points and still be wrong.
36roentgen
This is not price gouging at all. I know this because of my economics degree but I had to waste 15 minutes looking up prices to prove it 1
36roentgen
to you because your lazy bum just liked to assume this was price gouging without trying to research if you were actually right.
36roentgen
The price difference is because of the different sized bottles, the different sized packs, and also different named brands.......
36roentgen
First of all, Walmart is so big they can force their suppliers to sell to them at lower prices than they do to other retailers. Second it 1
kmikl
It's in comparison, and the difference between individual sale units and packs is irrelevant under TX anti-gouging laws.
kmikl
http://www.statutes.legis.state.tx.us/SOTWDocs/BC/htm/BC.17.htm#17.46 - (10) & (27)
36roentgen
That's only assuming you are right except that you aren't.
36roentgen
SpitefulRed
You should post the address and send it to the local news- they'll have "fun" making the owner look like the ass that it is
WhiteKnighted
The gas prices are what it defaults to after a power reset, moron. They'll change back in seconds. The water is sold individually. Math.
supersomatic
This right here and the upvotes the comment got. This is how the witch trials happened. Humanity at its worst.
BindersOfWomen
Except the owner isn't doing anything illegal. He's selling water bottles at the price the manufacturer sets. It's $2.50/bottle * 24 bottles
kmikl
http://www.foxnews.com/us/2017/08/26/hurricane-harvey-price-gouging-complaints-include-99-for-water.html
Elroydb
How in the hell is THIS downvoted so much?
ihavenocluewhatimtalkingabout
Plus one for not being wrong
minecraftfirefliesjr
Texas has price gouging laws
Elroydb
And that isn't price gouging. That is selling water for the same price as before the storm
TwoOreoesOneCup
It is illegal in Texas.
Rulweylan
Yeah, that's doxxing, and it's fucking stupid, especially when you've got bottles of water at $1-2 a pop (regular price) and a broken sign.
Ruukoto
Doxxing is showing private info to the public. Also other requirements apply. Just wiki it ffs
Rulweylan
Did you not think it was suspicious that the sign hat 10, 9, 8, 7 and 6 showing, and the same price for everything?
MalcontTrol
It's the estimated cost the OWNER is going to have to pay to refill the fuel tanks at the station.
Fraggs
I don't think you know what doxxing is.....
kmikl
No, it's not doxxing. BTW: have a look at the HANDWRITTEN SIGNS that are $43 for a pack of water that normally isn't $10.
illegalcheez
That's the correct price. They go for 1-2 $ per bottle and are meant to be sold separately.
kmikl
The price may be correct, but it's still gouging per the law. http://www.statutes.legis.state.tx.us/SOTWDocs/BC/htm/BC.17.htm#17.46
Suzuran42
It's not doxing to say what a business has posted in public. The information was openly disclosed, it's not private.
SpitefulRed
Thank you.
SpitefulRed
Especially since they have to have their licenses clearly posted behind the counter/ in the window
tranquilomeng
"Doxxing" ?
JonestownClassPresident
Releasing someone's private info to the public without their consent for the purpose of harassment or intimidation.
SpitefulRed
The address is public knowledge- let the news stations do the rest of the investigating.
kmikl
It isn't.
BlueElephant92
stupid internet witchhunt. think twice before you outrage
mestrawberrysmiggles
BASTARDS Extremely limited supplies should be normal priced so a handful of people can cheaply hoard supplies instead of a form of rationing
DarkBluePhoenix
But then what will people whine about on the internets if they don't check their facts before engaging in a witchhunt? Nothing most like
Dingus2
Why not complain about the agitprop?
DarkBluePhoenix
Most people who complain about shit like this don't even know *what* agitprop is or how to identify it
Dingus2
I know. That's one of the things that makes me the most depressed. When I was in HS we at least knew we were being told lies. These days ->
Dingus2
-> I talk to kids who can barely read, let alone write coherently. They have no grasp of history, poor mathematics, very shallow science, ->
HowComeThisIsAFeature
Why some states have price gouging laws.
amoeba15
On 9/11 the gov. in Alabama enacted emergency gouging laws. Gas dropped down to $0.88 a gallon and stayed there for a while.
EgregiousCodswallop
https://imgur.com/GfRiMzK
Treblaine
Hmm, does that apply for Martin Shkreli?
EgregiousCodswallop
It would except exhorbitant is a word often misinterpreted by regulators who receive exhorbitant bribes.
Treblaine
jenw
After the price gouging during the 2003 blackout, the Michigan AG went nuts nailing people reported for gouging.
Treblaine
If only Exxon had done it with HIV medication instead, they'd have gotten away with it...
InsanestFox
Price gouging laws, from an economic sense, is the worst option you can go with to try to prevent this, even worse than letting it happen1/?
InsanestFox
Stores won't have a reason to stock up on more goods from out of state before a disaster, they can't make a profit with added shipping
InsanestFox
After the disaster, with infrastructure compromised, it might cost more to ship in just the everyday stock, let alone disaster level stock
InsanestFox
I get that I'm playing devil's advocate here, but if there's some part I'm missing, can somebody point it out?
POTUSBrown
Might not be price gouging. At a gas station a single dasini might be like 2 dollars. Still stupid of the owner. But possibly not illegal.
twozerooz
A single dasani has a typical market value around $2, whereas none of this can be supported by typical market values. 100% price gouging
amoeba15
THIS is definitely gouging, even considering the markup at convenience stores.
OliverClothesoff70
That's actually a very good point. $42.72 for a 24-pack is $1.78/bottle. It's not gouging if selling it ONLY at the single unit price. (1)
OliverClothesoff70
Now, what they're charging for gas totally looks like price gouging. He deserves some severe legal consequences for that action. (2)
clusmymccabe
Price gouging laws have actually been shown to hurt in situations like this because destroys the supply and demand curve.
therealscarletohara
Economics major here btw
tothe9ines
Ya, but it's not about the economics. Regular person here.
clusmymccabe
Think if gas was still under $3 then everyone would fill up and in 2 days the gas would be gone.
InsanestFox
To all those who downvote, there is a simpler solution: Subsidize supplies so stores can bring in more stuff at the same price. However 1/2
InsanestFox
That requires politicians who are more concerned with helping people than looking good.
BigNasty55
So instead only rich people will get gas?
DannycakesOW
8 multiplied by 5 is 40 dollars. Most people can still travel about 100 miles on that. I'm poor ATM and can afford that.
InsanestFox
Even if you're rich, are you going to fill up your tank, or get just enough to get out of town at that price?
HorsesAreLikeWalkingCouchesWithAnxiety
Oh no, then everyone will have some necessary supplies. How dare the poor people survive too. Jackass.
DannycakesOW
Lol. No. Its first come first serve. The first 20 people take everything in excess and then there's none left. Did facts hurt you?
InsanestFox
First come first serve, stores don't exactly have a reason to ration out what people can buy, do they?
therealscarletohara
Fuck economics this is life we are talking about the curve will be fine it rebounds due to human intervention during dep. and res. Anyways
travisallenp31415
Price gouging keeps people from hoarding.
grandmaswag
dying from preventable tragedy also keeps people from hoarding
matthiasfactor
Tell that to people who genuinely need supplies
therealscarletohara
We're talking about the same thing
InsanestFox
Define genuine and need, seriously, those words are used both by people planning ahead, and those in the process of dying of dehydration.
StonedLikeACheatingMuslimWoman
We don't need any price gouging laws if we allow the free market do its magic! Hurricane victims can just go elsewhere, right libertarians?
notoriousbov
Right...and if this guy was smart he'd realize profit would be maximized at a lower price once nobody buys his stuff
StonedLikeACheatingMuslimWoman
You just made my point for me. He doesn't HAVE to be realistic with his profit margin if there is no consumer choice.
MikeM5013
Price gouging laws are garbage. $8.76/gal gas beats $2.04/gal gas that people bought out 3 days ago. Learn something about economics.
MerToo
I sincerely hope someone you know has a near-death-by-exposure experience so you can learn why democratically-made law supercedes economics.
MikeM5013
A special kind of total douche-bag would sincerely hope that.Overpriced goods that are AVAILABLE when desperately needed >> your "muh feels"
MerToo
if they're overpriced, they're not so available, are they? Profiteering is scumbaggery, that's why there are laws about it.
SaltismySugar
Price gouging is not so great but it isnt all bad either. Supply and demand.
DannycakesOW
Actually these price would incentivize more intelligent spending. Let's be real, people probably have 50$. If the gas station can't get gas
DannycakesOW
And gas is a normal price, what stops the first couple people from a full fill up if they only need 4 gallons?
DannycakesOW
You actually bolster my point, we can afford this, we just don't want to. I'll pay 50 because I *need* it.
ImNotSureWhatAGoodUserNameIsSoThisWillHaveToDo
It also incentivizes more suppliers to come in as fast as possible to maximize their profits.
JudgeMentalCat
YOU have 50$ to drop on a few gallons of gas. Not every family does. Try having some fucking humanity, for Christ's sake.
dontlookatmeever
But if the prices stay low the shelves go empty and nobody will have on-demand goods. High prices ensures suppliers will come through.
JudgeMentalCat
And not everything is about "supply and demand"- sometimes it's about the fact that people are in a crisis, and it takes basic morals to
JudgeMentalCat
see that we should help them.
dontlookatmeever
Supercilious and wrong. It absolutely is about supply and demand: demand has spiked and supplies are limited. "Morals" don't stock shelves.
eeddwwiinn
That case of dansni water is priced around the rght price. They are 20oz bottles sold in vending machine. They are expensive for that reason
kmikl
The Dasani individual resale units like that retail for under $25 in Canada, for 1L. 500ml are under $10: margin is huge on water.
DenaliRaven
Texas is not Canada
kmikl
No shit? Price is in comparison.
serenityfast
Apparently downvoted for pointing out that they don't actually have to sell it for that price just because it's a vending machine bottle???
serenityfast
Apparently downvoted for pointing out that they don't actually have to sell it for that price just because it's a vending machine bottle???
serenityfast
They don't have to sell it at that price though. They get them for much, much cheaper, and thus can sell them at a lower cost.
eeddwwiinn
Matt yes and no.. these cases are crazy expensive as is. He's probably making dimes in profit selling those things. 1/2
n0n53n53
buy some water and donate it then
serenityfast
I already donated, ass.
n0n53n53
Remove the comma
eeddwwiinn
2/2 I was a manager at a grocery store. These bottles are priced like a soda bottle. Even tho it's water. They are priced by Coke like that.
Cjamhampton
A business needs to make money though. There are many costs that go into it and that's covered by selling things for more than you payed.
[deleted]
[deleted]
serenityfast
No shit, that's not the point though.
jayphat
*sigh* look at those bottles. Those are for individual sale, so take the price of the bottle, multiply by 24
kmikl
It's no less price gouging: it's by product, not sku. If you're selling comparable unit at a lower price, you get to write-down the loss.
SherMattLockSmith
On home depot website, 20.oz dasani is 1.78 * 24 = a shockingly exact 42.72$
Arceus
$1.78. Bottles here in Cali can cost between $0.99-2.24 in my area depending upon which company you buy from. It's well within norm price.
eeddwwiinn
Yup
serenityfast
There's nothing saying they have to charge that price though. They could lower it.
SherMattLockSmith
Yes there is, they paid a price for individual sale bottles, the manager cannot arbitrarily lower prices without losing his job.
serenityfast
Are you saying a company can't lower prices in times of tragedy? They do it all the time! And they make HUGE profit off these right now.
eeddwwiinn
Coke makes a profit. Grocery stores/vending machines make very little off these bottles/cases.
SherMattLockSmith
I am saying managers cannot, corporate sets the prices, and it is not illegal for them to not lower them.
serenityfast
I have never worked for a retail company that would not allow their managers leverage over prices in situations like this. I call BS.
ThatsNotThePoint
That's not all the same person, the water prices are accurate. $42, sucks but those literally normally ring up that way 1/2
ThatsNotThePoint
they are meant for single, cooled, distribution, not on the pallets so it's 24 * individual price. Unfortunate, but accurate.
674e031f7dbd1f14bdc9160468379d78e6fcb32c97b2e40fe00e35376336373
Yo idiot, Houston resident here, I've also worked in grocery stores before, you can buy a 32 pack of water for $3 in plenty of places
eeddwwiinn
Yo Idiot. You worked at a grocery store and didnt C these aren't cases for individual sale. Mainly used to restock vending machines. Coolers
Etranel
And that is a pack designed to be sold in bulk such as. That is a flat of individual sale bottles. There is no bulk price for it.
serenityfast
Since people keep downvoting me for no reason: they get these bottles EXTREMEYLY cheap, they COULD sell them cheap if they so desired.
dustlikethis
The reason might be that you're being kind of an asshole?
serenityfast
I wasn't an asshole at all until people started insisting that somehow stores can't lower their prices when they easily could.
helltonic
i used to work at a convenience store they aren't THAT cheap.
serenityfast
And I used to work at a store as well, and yes they are cheap. You were probably looking at their markup costs.
helltonic
We sold at 1.50 bought at 1.00
serenityfast
Yeah, that's not the cost the company paid, you were seeing their markup costs. It's rare for any 20oz to go higher than $0.25 cost.
ihavenocluewhatimtalkingabout
The maker could make them cost less not the seller. Since these were made and bought before tge hurricane the store needs to at least make
serenityfast
Holy shit, no, that's not necessary. Drinks are one of the highest profit margin products stores sell. They get them VERY cheap.
ihavenocluewhatimtalkingabout
Back their money.
CraftedLine
Water prices are not that high. I live in Texas and I can get a case of water, from a gas station, for less than 10$. They're selling the 1
CraftedLine
Water at a per bottle price at a 12/24 pack case. $2 for a bottle of 12oz water is well over the 20% the law allows.
CraftedLine
1.78/bottle is really pushing it to the legal limits. I'm a business owner, of several, and would never do that.
JayshushMcGush
None of those bottles are 12oz. The ones going for 2$ per look like 1 liter bottles Or thereabouts
CraftedLine
Then I need reading glasses! I really do lol
serenityfast
They don't have to sell it at that price though. They get them for much, much cheaper.
kimannhd5464
I can buy that same case at my local grocery store for $5
ihavenocluewhatimtalkingabout
Nah at the gas station by my house these same bottles are sold at 1.99 so $42 so if anything he is selling these at cost.
serenityfast
That is not "at cost". At cost, those bottles are probably around $0.10 each.
ihavenocluewhatimtalkingabout
No you fucking schmuck. At cost is what you pay for it not how much it costs to make. Bitch at coca cola for that "mark up".
serenityfast
So the price you THINK they cost is not correct at all. FFS.
serenityfast
Yes, at cost = what it costs the store to buy. And the price YOU SEE is NOT THAT PRICE. Stores hide these prices, even from cashiers.
daftgamer
But seeing as how convenience stores make pretty much all of their profit from snack/drink sales, they have to markup to stay open.
serenityfast
Of course and normally I'd agree, I'm just saying given the situation they don't have to try and make a big profit on it right now.
HueTheHuman
thats not big profit thats normal rate.
serenityfast
lol if you think vending machines aren't big profit. It's something like 200%, after everything is accounted for.
reux
There is a difference between "big profits" and selling at a loss. The water is probably not gouging.
serenityfast
Vending machines are usually 200% or more profit for the company selling it. Even including maintenance/etc. You tell me that's not gouging.