I don't want to get bashed, but what is considered price gouging? Below are my OPINIONS.
In retail, I would say 90% of all products are marked up 50-250% over cost from the manufacturer. (I buy products and resell to my customers at a profit, and my wife works for Macy's...you would not believe the markup on clothes)
There are various price points or tier pricing that varies greatly to retail sellers.
A huge company that buys 5000# or more per year is going to get much better pricing than a small shop that buys 1000# per year.
If Bruno's is buying stock from other dealers at $24/lb. and shipping it to Phx. to resell at $34/lb., I would say they might only be making $8/lb.? That is still only a 33% markup and after paying for their time to order, inventory, stock or ship, that barely pays for the overhead and wages.
I was in Bruno's yesterday to pick up some items. Powder, I admit is overpriced compared to other retailers in the area, WHEN THEY ACTUALLY HAVE ANY IN STOCK! Bullets are cheaper by $3-8 per 100. Primers are comparable. Brass is about average as well. But....Bruno's has a lot more stock available than anywhere else I have seen, locally or online.
I do not hoard powder/bullets/primers like many, and I do not shoot nearly as much as some of you do. About 1-2K rounds/year. So I do not go through an 8# keg of powder at a time. When I buy powder, it is usually 3-4# at a time of various stuff. When I want it, I go buy it. If I pay $10 more per lb. for powder, that still beats hazmat and shipping from an online dealer. So for me, it is worth it.
Again, all of this is my opinion. Do I wish Bruno's would lower their price on powder? Of course. Do I hold it against a small shop for charging more than a huge chain? Nope. Am I happy I can still get powder fairly regularly when I need it? Heck yes! If people would stop stockpiling 20-50# of powder in this "crisis", maybe others would be able to buy it more regularly, and suppliers would lower their prices.
I blame the current POTUS for the pricing.....and a-holes who shoot up innocent victims. Those are the real culprits in this shortage.
In retail, I would say 90% of all products are marked up 50-250% over cost from the manufacturer. (I buy products and resell to my customers at a profit, and my wife works for Macy's...you would not believe the markup on clothes)
There are various price points or tier pricing that varies greatly to retail sellers.
A huge company that buys 5000# or more per year is going to get much better pricing than a small shop that buys 1000# per year.
If Bruno's is buying stock from other dealers at $24/lb. and shipping it to Phx. to resell at $34/lb., I would say they might only be making $8/lb.? That is still only a 33% markup and after paying for their time to order, inventory, stock or ship, that barely pays for the overhead and wages.
I was in Bruno's yesterday to pick up some items. Powder, I admit is overpriced compared to other retailers in the area, WHEN THEY ACTUALLY HAVE ANY IN STOCK! Bullets are cheaper by $3-8 per 100. Primers are comparable. Brass is about average as well. But....Bruno's has a lot more stock available than anywhere else I have seen, locally or online.
I do not hoard powder/bullets/primers like many, and I do not shoot nearly as much as some of you do. About 1-2K rounds/year. So I do not go through an 8# keg of powder at a time. When I buy powder, it is usually 3-4# at a time of various stuff. When I want it, I go buy it. If I pay $10 more per lb. for powder, that still beats hazmat and shipping from an online dealer. So for me, it is worth it.
Again, all of this is my opinion. Do I wish Bruno's would lower their price on powder? Of course. Do I hold it against a small shop for charging more than a huge chain? Nope. Am I happy I can still get powder fairly regularly when I need it? Heck yes! If people would stop stockpiling 20-50# of powder in this "crisis", maybe others would be able to buy it more regularly, and suppliers would lower their prices.
I blame the current POTUS for the pricing.....and a-holes who shoot up innocent victims. Those are the real culprits in this shortage.