Discussion
The margin on brown goods is tight, more than you would imagine. There was a tool reserved for managers on the intranet that broke down the margins on each product and it's not surprising they bump up the prices of cables, software, warranties, etc. It's the only stuff they make any significant money on.
Art0ir said:
The margin on brown goods is tight, more than you would imagine. There was a tool reserved for managers on the intranet that broke down the margins on each product and it's not surprising they bump up the prices of cables, software, warranties, etc. It's the only stuff they make any significant money on.
It has also become a commodity trade, with margins shrinking, even for the big Japanese brands.http://uk.reuters.com/article/2012/11/01/uk-panaso...
Hospital consultants are feeling the pinch right now (Watchdog last night) - providers like BUPA laying down the maximum costs for a procedure that is often so much lower than what very experienced consultants are willing to work for. However, because there is pool of young consultants on stream willing to do jobs at a lesser revenue, so the senior guys are getting squeezed.
Mermaid said:
essayer said:
..You have to differentiate on something else; service and trust are probably the most important; hence why people still use local bike shops and John Lewis!
Agreed. JL also now veering towards online business, with their stores carrying less stock.Halmyre said:
So what are Comet doing wrong that Currys are doing right? Or are Currys next to go? The branch nearest me never seems to be that busy.
It must have been some 5 or 6 years ago, I remember noticing how drab, disorganised and devoid of customers Comet was compared to the brightly coloured and modern interiors of PC World and Currys were next door. And I thought then that if they didn't pull their socks up it would be curtains.Perhaps it was the orange and black colour scheme that people didn't find attractive, but ultimately Comet took far to long to update the interior of their stores, and along with stiff competition from the likes of Amazon, they've paid for it - big time.
Sorry for those loosing their jobs, but at least this should produce a bit of job security for staff at their retail park neighbours.
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