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  #1  
Old 03-16-2010, 10:38 PM
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Quote:
Originally Posted by ron99 View Post
it would be cheaper to just order from j&l and pay shipping. Looks like total with shipping to pg would be $78 for a bucket. The only way to change price gouging is to vote with your wallet. Don't buy salt from them and make it clear why you won't shop there. That price is outrageous. If their supplier is setting those prices then they are getting gouged by their supplier and should find another source.
+1 holy crap!
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  #2  
Old 03-16-2010, 10:55 PM
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Yeah even way over here in the middle we are paying $50-65 tops for Instant Ocean...

Wow
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  #3  
Old 03-16-2010, 10:57 PM
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Must be $ 200+ for Reefers Best
if they ever get that in
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Old 03-16-2010, 11:14 PM
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WOW!!!

I could make money on it if I charged those prices.

$39.99 - $89.99 for our salts here

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Old 03-17-2010, 12:11 AM
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no way id pay 115 bux
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Old 03-17-2010, 12:18 AM
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sure it was not a bucket of salinity...
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Old 03-17-2010, 12:17 AM
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Quote:
Originally Posted by BlueWorldAquatic View Post
WOW!!!

I could make money on it if I charged those prices.

$39.99 - $89.99 for our salts here

Ken - BWA

Do retailers really take that much of a hit on salt sales?
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Old 03-17-2010, 12:48 AM
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Quote:
Originally Posted by freezetyle View Post
Do retailers really take that much of a hit on salt sales?
Typically it's not a high margin product and if one were to try and make some money on it people would just go elsewhere which is the last thing a retailer wants.
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Old 03-17-2010, 01:08 AM
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margins on salts are next to nil. The price is kept to a minimum to no profit to keep people comng back in. In some cases vendors are able to buy in quantity so there for they get a better deal and can advertise the salt much cheaper than others like say petland who do not buy great quantities. They do not specialize in the SW so unlike stores that do they do not get the same deals unless there are trade show deals. Any retailer you see selling salt for what you are used to now is making pennies. Remember that when you ask if they can give you a deal on it or other things they have...they dont make great margins off 50-60 percent of their store unless they have bulk buying power.

think of it this way...if you went to superstore and asked for a deal when you brought groceries up...do you think they would give you one?
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Old 03-17-2010, 02:26 AM
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Quote:
Originally Posted by sphelps View Post
Typically it's not a high margin product and if one were to try and make some money on it people would just go elsewhere which is the last thing a retailer wants.
At $115 for a bucket of IO I'd guess the margins are pretty good

Quote:
Originally Posted by Aquatic Addictions View Post
margins on salts are next to nil. The price is kept to a minimum to no profit to keep people comng back in. In some cases vendors are able to buy in quantity so there for they get a better deal and can advertise the salt much cheaper than others like say petland who do not buy great quantities. They do not specialize in the SW so unlike stores that do they do not get the same deals unless there are trade show deals. Any retailer you see selling salt for what you are used to now is making pennies. Remember that when you ask if they can give you a deal on it or other things they have...they dont make great margins off 50-60 percent of their store unless they have bulk buying power.
You're right that salt is usually a loss leader. But let's assume that J&L sells it at break even or even a small loss at $45. So maybe break even is $50. $115 is a bit excessive, even factoring in shipping costs to smaller communities. Something is not right with that price. Either they are fleecing the customers who don't have anywhere else to buy salt in the community or they are being fleeced by their suppliers; in either case that is really poor business.
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