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items with the biggest mark up.

  • 17-11-2013 01:33PM
    #1
    glass_onion
    Closed Accounts Posts: 131 ✭✭


    According to this list the following items have big mark up-

    of course it is debatable with cost of living/location etc.

    http://finance.yahoo.com/news/20-products-giant-markups-115730856.html

    Flowers
    Greeting cards
    Designer jeans
    Handbags
    Text messages
    Designer glasses frames

    i could add razor blades to that.


    Yahoo also did another article in cost of making iphone 5-
    http://news.yahoo.com/blogs/technology-blog/much-does-cost-apple-build-iphone-5-162613708.html
    final price tag to build an iPhone 5 turns out to be $167.50 — making it Apple's most expensive phone ever. Some of the most impressive components of the iPhone 5 actually don't wind up being very expensive on their own. UBM TechInsights estimates that the new, thinner 4-inch touch display costs Apple $18 with the touch screen glass costing another $7.50. The camera runs about $10, the wifi/bluetooth/GPS costs $4, and the battery only runs $3. The most expensive part of the phone is the new A6 processor, at $28 each.

    Anyone else with any stories? or some from the celtic tiger era?.


«134

Comments

  • #2
    jamo2oo9
    Registered Users, Registered Users 2 Posts: 5,780 ✭✭✭jamo2oo9


    Beer.


  • #3
    wazky
    Closed Accounts Posts: 3,516 ✭✭✭wazky


    Water.

    Falls from the sky yet you are charged 2-4 euro for a bottle.


  • #4
    Jimoslimos
    Registered Users, Registered Users 2 Posts: 4,930 ✭✭✭Jimoslimos


    Soft drinks in pubs, especially splash mixers.
    glass_onion wrote: »
    i could add razor blades to that.
    Get a safety razor with double edge blades


  • #5
    ruthloss
    Closed Accounts Posts: 637 ✭✭✭ruthloss


    Ask an Irish Farmer that question., actually, don't even go there!!


  • #6
    donvito99
    Registered Users, Registered Users 2 Posts: 5,818 ✭✭✭donvito99


    Art.


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  • #7
    The Dom
    Closed Accounts Posts: 236 ✭✭The Dom


    Has to be Cinema Popcorn.

    €5.50 for a bag of popped corn that would surely cost around 8c.


  • #8
    Kenjataimu
    Closed Accounts Posts: 4,429 ✭✭✭Kenjataimu


    printer ink


  • #9
    Red Kev
    Closed Accounts Posts: 5,793 ✭✭✭Red Kev


    Tea and coffee from machines in places like petrol stations. Especially tea. Water comes out of a boiler which has very basic technology, boilers are cheap relatively speaking and need very little maintenance, tea bag is 2c in a wholesalers (if that), ciups are 3c in bulk buy from a wholesaler. 7c max. and it can be sold for €1.00-1.80 depending where you are.
    wazky wrote: »
    Water.

    Falls from the sky yet you are charged 2-4 euro for a bottle.

    Buy your own bottle and use tap water.


  • #10
    Banjo String
    Closed Accounts Posts: 14,380 ✭✭✭✭Banjo String


    Sky TV subscriptions.

    You've only to half arsedly threaten to leave when you get offered half price etc to stay.

    I'm pretty sure the half price subscription costs are the real price, and sky look at the people paying the full whack as idiots, rather than customers.


  • #11
    Cee-Jay-Cee
    Registered Users, Registered Users 2 Posts: 12,234 ✭✭✭✭Cee-Jay-Cee


    Eye Drops. There is roughly an 900% mark up on the production price. The exact same product which is made in Castlebar costs €5 in Spain but €45 here. It defies logic on all plains. I know there are probably different taxes applied here but that doesn't justify the final cost to the customer.


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  • #12
    The Diabolical Monocle
    Banned (with Prison Access) Posts: 2,618 ✭✭✭The Diabolical Monocle


    Quote:
    final price tag to build an iPhone 5 turns out to be $167.50 — making it Apple's most expensive phone ever. Some of the most impressive components of the iPhone 5 actually don't wind up being very expensive on their own. UBM TechInsights estimates that the new, thinner 4-inch touch display costs Apple $18 with the touch screen glass costing another $7.50. The camera runs about $10, the wifi/bluetooth/GPS costs $4, and the battery only runs $3. The most expensive part of the phone is the new A6 processor, at $28 each.


    Yeah but then theres distribution, marketing and advertising at the very least.

    Even if they were sent by post you'd still need a massive organization.

    Id include being actually able to obtain one as a fundamental part of the product. Their killing isnt as high as suggested.


  • #13
    Timmyctc
    Closed Accounts Posts: 5,825 ✭✭✭Timmyctc


    Sweets have a pretty high mark-up. Especially in places like Cinemas. Their pick and mix is around 2.50-3 per 100g when 3kg of sweets can cost as little as 6 euro sometimes lower.


  • #14
    Mr E
    Registered Users, Registered Users 2 Posts: 55,702 ✭✭✭✭Mr E


    Cinema food - popcorn, drinks from syrup concentrate (coke, 7up etc.)

    Oh, and Apple products.


  • #15
    PizzamanIRL
    Registered Users, Registered Users 2 Posts: 5,147 ✭✭✭PizzamanIRL


    wazky wrote: »
    Water.

    Falls from the sky yet you are charged 2-4 euro for a bottle.

    It doesn't magically appear in your tap or a bottle though.


  • #16
    mikom
    Closed Accounts Posts: 16,391 ✭✭✭✭mikom


    Whiteboards.


  • #17
    glass_onion
    Closed Accounts Posts: 131 ✭✭glass_onion


    The Dom wrote: »
    Has to be Cinema Popcorn.

    700%!

    http://www.irishexaminer.com/ireland/price-of-popcorn-marked-up-by-700-229174.html
    Although portion sizes vary, the show quoted industry sources who said the standard 2oz small portion costs 50c to produce — amounting to a mark-up of around 700%.

    Just to add,was mentioned before, reason the price-
    The way the business works, particularly for multiplex cinemas where you’re dealing with newly released Hollywood movies, is that the lion’s share of the revenue will go to the movie distribution


  • #18
    donegal__road
    Closed Accounts Posts: 953 ✭✭✭donegal__road


    donvito99 wrote: »
    Art.

    this Francis Bacon painting sold just last week for $142 million

    http://blogs.marketwatch.com/themargin/2013/11/13/freud-portrait-by-bacon-sells-for-142-million-smashing-record/


  • #19
    Steve Perchance
    Registered Users, Registered Users 2 Posts: 59 ✭✭Steve Perchance


    glass_onion wrote: »
    700%!

    http://www.irishexaminer.com/ireland/price-of-popcorn-marked-up-by-700-229174.html



    Just to add.was mentioned before reason the price-

    I'd say that's even a low estimate. Back in 2002 I worked in a cinema - it was €12 for a 20kg bag of popcorn seed, and not much more for a giant container of oil. I'd say they've included every conceivable item to 'cost of production' to get it down to 700%

    That said, cinemas make feck all from actually showing movies - 95%+ of ticket revenue goes back to hollywood


  • #20
    NuckingFacker
    Closed Accounts Posts: 5,221 ✭✭✭NuckingFacker


    Nuts and bolts and washers in Big-box hardware stores - they are sold in little packs at massive mark-ups. Same goes for rope, wire and lengths of timber and steel/aluminium. We buy all those wholesale in bulk - for about 5% of what they are sold for in the DIY stores.


  • #21
    poisonated
    Registered Users, Registered Users 2 Posts: 2,277 ✭✭✭poisonated


    I'd say pizza that you buy in restaurants have a high mark up.


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  • #22
    Drakares
    Registered Users, Registered Users 2 Posts: 904 ✭✭✭Drakares


    New cars. Buying a car that's worth two thirds of what you paid for it the second it's driven out of the dealers yard.


  • #23
    Son Of A Vidic
    Registered Users, Registered Users 2 Posts: 32,370 ✭✭✭✭Son Of A Vidic


    glass_onion wrote: »
    items with the biggest mark up.

    Ireland is one super inflationary mark up.


  • #24
    Howard Juneau
    Closed Accounts Posts: 2,901 ✭✭✭Howard Juneau


    Proco Jr. wrote: »
    printer ink

    Now you have it, approx $550 per gallon....and people think oil is dear?!
    The sheikhs have nothing on Hewlett-Packard


  • #25
    Muahahaha
    Registered Users, Registered Users 2 Posts: 19,774 ✭✭✭✭Muahahaha


    Cocaine. I bought it at source back in 2005 for 70c a gram in Medillin, Colombia. We even did a line off the top of Pablo Escobars gravestone, good times:)

    By the time coke hits the streets of Dublin it costs €50 a gram. That's a 7,100% mark up from what it costs on the streets in Columbia. And it's ten times more pure there than the sh1te you get in Dublin, which is why I never bother with it here any more. As Eamon Dunphy once famously said "You can't get good cocaine in Dublin". And he would know !


  • #26
    DEFTLEFTHAND
    Registered Users, Registered Users 2 Posts: 16,499 ✭✭✭✭DEFTLEFTHAND


    CD's about ten years ago. An album could go for 20 quid, the artists and record company averaged 8 euro for each unit sold (Irish Times article August 2004) HMV and co have only themselves to blame for the drastic decline of the physical copy.

    Is it any wonder CD's are dirt cheap today.


  • #27
    Inbox
    Closed Accounts Posts: 810 ✭✭✭Inbox


    Microsim adapter in maplins €6.99!!


  • #28
    Gummy Panda
    Closed Accounts Posts: 20,919 ✭✭✭✭Gummy Panda


    Inbox wrote: »
    Microsim adapter in maplins €6.99!!

    They sell cans of compressed air for 25 euro. Insane


  • #29
    Meangadh
    Registered Users, Registered Users 2 Posts: 3,963 ✭✭✭Meangadh


    Make Up surely has to have a huge mark up, I mean nearly €40 for foundation? Mascara for €30? I'd add perfume to that too, €80-€90 for certain bottles. Crazy.


  • #30
    bohsboy
    Closed Accounts Posts: 1,754 ✭✭✭bohsboy


    Muahahaha wrote: »
    By the time coke hits the streets of Dublin it costs €50 a gram. That's a 7,100% mark up from what it costs on the streets in Columbia. And it's ten times more pure there than the sh1te you get in Dublin, which is why I never bother with it here any more.

    Good enough for them. My heart bleeds.


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  • #31
    oppenheimer1
    Closed Accounts Posts: 5,733 ✭✭✭oppenheimer1


    The products with the highest mark-up per gram would be patented pharmaceuticals. Advanced medicines run into the tens of thousands per gram.


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