Buy it cheap or dear?
By cambiste
@cambiste (1244)
India
January 30, 2009 8:46am CST
Do you prefer to buy things cheap (while also looking at quality) or go for the more expensive counterparts that come with guarentee or with a branded name or from a mall?
Most goods are sold out from the company in wholesale at a price about 1/6th of the MRP. When they reach the malls or stores, the full MRP is charged and the margin goes to the owner or seller.
Some branded goods (such as Cadbury or luxury goods) have little margin and its wholesale prices are close to its MRP. This is because these items are sure to be sold in a limited time unlike new or not so well known brands.
We often buy goods (like bond A4 paper, pens) in bulk from wholesalers and often get it 10 - 30% cheaper, which has good quality, but not all that well known names.
Do you prefer to buy it cheap or go for more expesive and well known brands?
3 responses
@samma00 (342)
• Canada
30 Jan 09
I prefer to go cheap. With the eco crisis we are having as of late. It's difficult to spend money on products that are name brand when it's unnessicary. Nowadays you can buy no name brands that work or are just as good/taste the same, as name brand stuff. Also when i go shopping for clothes, I always go for the sale rack.
@cambiste (1244)
• India
31 Jan 09
thanks, i feel the same. Buying things for higher prices when a cheaper product will do, gives satisfaction as well. Moreover, the more expensive products also are the highest polluting companies - and i wouldn't want to encourage them. While its nice to look at exaggerated packaging, i cant understand the why they want to waste so much of materials unneccessarily - paper, production of plastics etc. I prefer to go for products with minimal packaging.
