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#4503226 - 08/31/17 11:08 AM perceptions and reality
dnewton3 Offline



Registered: 05/14/07
Posts: 7389
Loc: Indianapolis, IN
http://fox59.com/2017/08/31/best-buy-apologizes-after-charging-43-for-bottled-water-near-houston/

BestBuy employees (single location; not a sanctioned corporate effort) charged almost $43 for a case of water in the Houston area!

That is appalling!!!!


Or .... is it? shrug


Seems they priced the case based upon the single bottle, multiplied 24 times.

$1.79 x 24 = $42.96

Are you mad?
Maybe you should be.
But not because of what the store employees did.
Rather, that any of us pay more than 15 cents for a bottle of water at ANY time, ANY where.

None of us blink when we pay $1.29 or $1.59 for a bottle of water. (size dependent of course)

Why is this act at BestBuy "price gouging" then?

Don't like it? Don't buy it.

Not one person would complain if they said "For sale: single bottle of water $1.79 each. Limit 24 per customer."



PERSPECTIVE - keep it in mind always.






Edited by dnewton3 (08/31/17 11:11 AM)
_________________________
The act of preventative maintenance, in and of itself, is FAR MORE important than brand/grade/base choices among lubes and filters.
- under maintaining something is akin to abuse/neglect; that can kill equipment by shortening the lifespan
- over maintaining something has never been proven to be anything but a waste of time and money

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#4503234 - 08/31/17 11:15 AM Re: perceptions and reality [Re: dnewton3]
Quattro Pete Offline


Registered: 10/30/02
Posts: 35838
Loc: Great Lakes
Yeah, the problem is that if it's in small bottles/containers, water costs more than gasoline, but that's probably because of all the packaging cost the comes with it. It's a lot cheaper to buy water in 1 gal or 5 gal jugs.

As far as that specific BestBuy case, I suppose you need to compare it against what other stores charge for a similar 24-pack. If it's way out of line, then they'll have a problem.
_________________________
'02 530i (Edge 0W-40)
'15 Q5 3.0T (Edge 5W-40)
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#4503235 - 08/31/17 11:15 AM Re: perceptions and reality [Re: dnewton3]
planeman223 Offline


Registered: 07/20/17
Posts: 72
Loc: Charlotte
Something doesn't sit right with me about this.

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#4503236 - 08/31/17 11:15 AM Re: perceptions and reality [Re: dnewton3]
benjamming Offline


Registered: 01/03/04
Posts: 5919
Loc: northern Alabama
Yep, same thing with liquor. A couple shots would buy almost an entire bottle in many cases!

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#4503244 - 08/31/17 11:20 AM Re: perceptions and reality [Re: dnewton3]
doitmyself Offline


Registered: 06/03/02
Posts: 6213
Loc: MI
I'm confused (again). The Home Depots around our area sell entire 24 packs for under $2.50.

http://www.homedepot.com/p/Niagara-16-9-fl-oz-Purified-Drinking-Water-24-Pack-NDW05L24DR/204082952

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#4503247 - 08/31/17 11:23 AM Re: perceptions and reality [Re: Quattro Pete]
WyrTwister Offline


Registered: 01/13/13
Posts: 1504
Loc: Texas
I save my 1 gallon containers & fill them for $ .25 at the Water Mill Expresses .
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Wyr
God bless

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#4503249 - 08/31/17 11:24 AM Re: perceptions and reality [Re: dnewton3]
gman2304 Offline


Registered: 08/11/11
Posts: 3047
Loc: n.c.
I understand Wal Mart is donating multiple millions of dollars of merchandise in the affected areas. Good for them!

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#4503255 - 08/31/17 11:28 AM Re: perceptions and reality [Re: dnewton3]
dnewton3 Offline



Registered: 05/14/07
Posts: 7389
Loc: Indianapolis, IN
The thing is that water is sold in bottles ALL THE TIME, either in "cases" or individual units.

A "bottle" is typically $1.39 in my area for 20oz. (brand dependent give or take a dime. Also, more if it's cold.)
A "case" is typically only $2.99 in my area for 24 of those same 20oz bottles.

Exact same packaging; some are "bundled" and some are not. It costs more to wrap the cellephane around the individual units. But there's no more cost in a single bottle than a group of making 24 bottles. Only costs more to "bundle" those. And it is HIGHLY LIKELY that they ALL come in the bundles, and are removed for individual sale on the shelf as single bottles. Easy to transport them that way. Then the "case" is broken open for individual sale. Understandably, if they priced a 5-gallon jug at $43, it would be egregious. But pricing the bottles (in a pack of 24) at $43 is totally fine by me. That is NOT price gouging, as many would decry.

Would people be happier if they rationed the product as "One per Customer". They would still make the same $1.79/bottle and yet no one would blink an eye. Not one complaint would be heard. Because we are used to paying $1.79 for a bottle.

We should not be mad at the price of the case in this example.

WE SHOULD BE MAD THAT WE ARE PAYING THAT PRICE FOR A SINGLE BOTTLE, AT ANY TIME, EVER.



Again - perspective.


Edited by dnewton3 (08/31/17 11:30 AM)
_________________________
The act of preventative maintenance, in and of itself, is FAR MORE important than brand/grade/base choices among lubes and filters.
- under maintaining something is akin to abuse/neglect; that can kill equipment by shortening the lifespan
- over maintaining something has never been proven to be anything but a waste of time and money

Top
#4503258 - 08/31/17 11:30 AM Re: perceptions and reality [Re: dnewton3]
ARCOgraphite Offline


Registered: 05/17/09
Posts: 11964
Loc: N.H, U.S.A.
supply and demand.. Though I hear there was lots of free bottled water being distributed.

up her in NH, I was forced to "steal" firewood from a Closed Mobil Station during after 1 week without power after an Ice storm a while back. I burnt enough furniture and said enough is enough - I need a place to sit.

I guess I was "on the run"

Desperate times = desperate measures.

I'm more prepared now.

btw - I slid an envelop full of money between the glass doors to pay for the wood.
_________________________
2014 Nissan Rogue S CVT, OC#9 41392mi-QSUD10W30 + M110A CHAMP Filter; 2017 Subaru Crosstrek CVT OC#2 ?? mi-SOA/Idemitsu 0w20 + SOA Filter

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#4503262 - 08/31/17 11:34 AM Re: perceptions and reality [Re: dnewton3]
dnewton3 Offline



Registered: 05/14/07
Posts: 7389
Loc: Indianapolis, IN
Also, at $43/case, it might just keep some folks from "hoarding". If the case was priced as a case at $4.99, some jerk would buy it all and keep it for himself. But at $43, he'll just but a few perhaps and leave some for others.

All why the "price" is totally legitimate. The price per unit was not "gouged"; it stayed the same all the time.


I would be mad at the retailers of they bumped the price of the bottles such that the cost was $3.00/bottle or $72/case. THAT would be price gouging. But they didn't. They charged a market price that was established PRIOR to the catastrophe; one that none of us complained about PRIOR to the hurricane.


Perspective.


Edited by dnewton3 (08/31/17 11:36 AM)
_________________________
The act of preventative maintenance, in and of itself, is FAR MORE important than brand/grade/base choices among lubes and filters.
- under maintaining something is akin to abuse/neglect; that can kill equipment by shortening the lifespan
- over maintaining something has never been proven to be anything but a waste of time and money

Top
#4503272 - 08/31/17 11:42 AM Re: perceptions and reality [Re: dnewton3]
Quattro Pete Offline


Registered: 10/30/02
Posts: 35838
Loc: Great Lakes
Originally Posted By: dnewton3
And it is HIGHLY LIKELY that they ALL come in the bundles, and are removed for individual sale on the shelf as single bottles. Easy to transport them that way. Then the "case" is broken open for individual sale.

So it takes someone's labor to break up the case and stock individual bottles on the shelf, in which case you could argue (emphasis on 'argue' smile ) that's an additional cost that should be somehow reflected in retail price of a single bottle vs. whole case.
_________________________
'02 530i (Edge 0W-40)
'15 Q5 3.0T (Edge 5W-40)
'18 Charger SRT (FF)

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#4503273 - 08/31/17 11:43 AM Re: perceptions and reality [Re: dnewton3]
Mr Nice Offline


Registered: 09/12/04
Posts: 21180
Loc: Orlando, FL
Employee simply multiplied 24 by the cost of a single bottle of water...

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#4503285 - 08/31/17 11:52 AM Re: perceptions and reality [Re: doitmyself]
Virtus_Probi Offline


Registered: 06/25/15
Posts: 3966
Loc: New England
Originally Posted By: doitmyself
I'm confused (again). The Home Depots around our area sell entire 24 packs for under $2.50.

http://www.homedepot.com/p/Niagara-16-9-fl-oz-Purified-Drinking-Water-24-Pack-NDW05L24DR/204082952


I'm sure Best Buy normally just sells single cold waters from a fridge for customers to impulse grab on their way out after they've picked out their games, tablets, or whatever and didn't have their computers set up to sell warm cases for less per bottle.
_________________________
2014 Forester XT, 80500 miles
Last Change;
Valvoline Full Synthetic 5W30 d1G2
Tokyo Roki 15208AA170 filter

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#4503298 - 08/31/17 12:02 PM Re: perceptions and reality [Re: dnewton3]
doitmyself Offline


Registered: 06/03/02
Posts: 6213
Loc: MI
Well, normally dnewton3 injects logic and sensibility about things regarding costs (i.e. - synthetic oil and OCI's). This time I cannot wrap my head around this "perspective" point.

Home Depot sells entire cases of water for under $3.00. When they sell the same exact thing for $43 it is price gouging. That the company said it was a simple mistake may or may not be true. We can only speculate.

Selling water for $1.79 per bottle when it can be had for 15 cents per bottle is nothing new in our culture. We routinely pay $2.00 or more for a cup of coffee or a soda that only costs 10 cents to make. We spend exorbitant amounts for a Starbucks coffee without complaint. Ball park costs for food and beverages are criminal, yet some pay it.

Jacking up the price on an individual unit is common. Selling the $3.00 case of water for $43.00 is price gouging, or a blatant mistake by the employees. Seems like we are talking about two different concepts here. Multiplying the individual unit price by 24 to come up with a final price is just wrong.

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#4503311 - 08/31/17 12:13 PM Re: perceptions and reality [Re: dnewton3]
rooflessVW Offline


Registered: 12/24/11
Posts: 4030
Loc: North Carolina
Who buys a case of water from Best Buy? They don't sell it by the case. No reason for them to have the pricing structure in place.

Should the store have just pushed the pallets outside? Maybe. Did anyone at the store have the ability to make that call? Or change the pricing on a case? Likely not.
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"Zed's dead baby, Zed's dead."

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