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perceptions and reality #4503226
08/31/17 11:08 AM
08/31/17 11:08 AM
Joined: May 2007
Posts: 7,810
Indianapolis, IN
dnewton3 Offline OP
Global Moderator
dnewton3  Offline OP
Global Moderator

Joined: May 2007
Posts: 7,810
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.





Last 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
Re: perceptions and reality [Re: dnewton3] #4503234
08/31/17 11:15 AM
08/31/17 11:15 AM
Joined: Oct 2002
Posts: 37,055
Great Lakes
Quattro Pete Offline
Quattro Pete  Offline

Joined: Oct 2002
Posts: 37,055
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)
'18 Charger SRT (PUP 0W-40 SRT)
Re: perceptions and reality [Re: dnewton3] #4503235
08/31/17 11:15 AM
08/31/17 11:15 AM
Joined: Jul 2017
Posts: 72
Charlotte
planeman223 Offline
planeman223  Offline

Joined: Jul 2017
Posts: 72
Charlotte
Something doesn't sit right with me about this.

Re: perceptions and reality [Re: dnewton3] #4503236
08/31/17 11:15 AM
08/31/17 11:15 AM
Joined: Jan 2004
Posts: 5,968
northern Alabama
benjamming Offline
benjamming  Offline

Joined: Jan 2004
Posts: 5,968
northern Alabama
Yep, same thing with liquor. A couple shots would buy almost an entire bottle in many cases!

Re: perceptions and reality [Re: dnewton3] #4503244
08/31/17 11:20 AM
08/31/17 11:20 AM
Joined: Jun 2002
Posts: 6,614
MI
doitmyself Offline
doitmyself  Offline

Joined: Jun 2002
Posts: 6,614
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

Re: perceptions and reality [Re: Quattro Pete] #4503247
08/31/17 11:23 AM
08/31/17 11:23 AM
Joined: Jan 2013
Posts: 2,496
Texas
WyrTwister Offline
WyrTwister  Offline

Joined: Jan 2013
Posts: 2,496
Texas
I save my 1 gallon containers & fill them for $ .25 at the Water Mill Expresses .


Wyr
God bless
Re: perceptions and reality [Re: dnewton3] #4503249
08/31/17 11:24 AM
08/31/17 11:24 AM
Joined: Aug 2011
Posts: 3,485
N.C.
gman2304 Offline
gman2304  Offline

Joined: Aug 2011
Posts: 3,485
N.C.
I understand Wal Mart is donating multiple millions of dollars of merchandise in the affected areas. Good for them!

Re: perceptions and reality [Re: dnewton3] #4503255
08/31/17 11:28 AM
08/31/17 11:28 AM
Joined: May 2007
Posts: 7,810
Indianapolis, IN
dnewton3 Offline OP
Global Moderator
dnewton3  Offline OP
Global Moderator

Joined: May 2007
Posts: 7,810
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.

Last 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
Re: perceptions and reality [Re: dnewton3] #4503258
08/31/17 11:30 AM
08/31/17 11:30 AM
Joined: May 2009
Posts: 12,467
N.H, U.S.A.
ARCOgraphite Offline
ARCOgraphite  Offline

Joined: May 2009
Posts: 12,467
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.


2019 VW Jetta S,6M OCI#0 1136mi-Castrol Edge Prof? VW508+OE Filter; '17 Subaru Crosstrek CVT OC#6 43467mi-Valvoline Adv 0w20 + SOA Filter
Re: perceptions and reality [Re: dnewton3] #4503262
08/31/17 11:34 AM
08/31/17 11:34 AM
Joined: May 2007
Posts: 7,810
Indianapolis, IN
dnewton3 Offline OP
Global Moderator
dnewton3  Offline OP
Global Moderator

Joined: May 2007
Posts: 7,810
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.

Last 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
Re: perceptions and reality [Re: dnewton3] #4503272
08/31/17 11:42 AM
08/31/17 11:42 AM
Joined: Oct 2002
Posts: 37,055
Great Lakes
Quattro Pete Offline
Quattro Pete  Offline

Joined: Oct 2002
Posts: 37,055
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 (PUP 0W-40 SRT)
Re: perceptions and reality [Re: dnewton3] #4503273
08/31/17 11:43 AM
08/31/17 11:43 AM
Joined: Sep 2004
Posts: 22,369
Central Florida
Mr Nice Offline
Mr Nice  Offline

Joined: Sep 2004
Posts: 22,369
Central Florida
Employee simply multiplied 24 by the cost of a single bottle of water...

Re: perceptions and reality [Re: doitmyself] #4503285
08/31/17 11:52 AM
08/31/17 11:52 AM
Joined: Jun 2015
Posts: 4,964
New England
Virtus_Probi Offline
Virtus_Probi  Offline

Joined: Jun 2015
Posts: 4,964
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, 95000 miles
Last Change;
M1 0W30 AFE d1G2
Tokyo Roki 15208AA170 filter
Re: perceptions and reality [Re: dnewton3] #4503298
08/31/17 12:02 PM
08/31/17 12:02 PM
Joined: Jun 2002
Posts: 6,614
MI
doitmyself Offline
doitmyself  Offline

Joined: Jun 2002
Posts: 6,614
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.

Re: perceptions and reality [Re: dnewton3] #4503311
08/31/17 12:13 PM
08/31/17 12:13 PM
Joined: Dec 2011
Posts: 5,662
North Carolina
rooflessVW Offline
rooflessVW  Offline

Joined: Dec 2011
Posts: 5,662
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.


"Zed's dead baby, Zed's dead."
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