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items with the biggest mark up.

24

Comments

  • Posts: 26,920 ✭✭✭✭ [Deleted User]


    Icecream. A cinema might buy a huge tub that you see in those stands for about €30+. An individual scoop could cost the customer.. around €4. You'd get maybe 60-100 scoops, so, yeah, you do the Math.


  • Registered Users, Registered Users 2 Posts: 6,003 ✭✭✭handlemaster


    Shoes

    Fast food such as chips and burgers. Then there s the soft drinks in take aways


  • Registered Users, Registered Users 2 Posts: 13,295 ✭✭✭✭Duggy747


    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

    Interesting short documentary.


  • Closed Accounts Posts: 361 ✭✭Filibuster


    Proco Jr. wrote: »
    printer ink

    Buy a bottle of ink off eBay. Drill a small hole into the top of the cartridge and fill it up yourself.


    Biggest markup has got to be paracetamol. You can buy it in the UK for 6p but can cost here upwards of 4euro


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


    Filibuster wrote: »
    Buy a bottle of ink off eBay. Drill a small hole into the top of the cartridge and fill it up yourself.


    Biggest markup has got to be paracetamol. You can buy it in the UK for 6p but can cost here upwards of 4euro

    And watch said ink destroy your printer, purge units get soaked, ink quality is rubbish, leakages etc.


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  • Registered Users, Registered Users 2 Posts: 1,639 ✭✭✭Sugar Free


    Filibuster wrote: »

    Biggest markup has got to be paracetamol. You can buy it in the UK for 6p but can cost here upwards of 4euro

    That sounds more like comparing generic paracetamol in the UK to a branded paracetamol (e.g. Panadol) in Ireland.

    While it's still more expensive in Ireland, generic paracetamol can be purchased for 1.30 - 1.50 in a lot of places.


  • Posts: 24,774 ✭✭✭✭ [Deleted User]


    You can't just look at it as simply as people are. Electronic devices, pharma products etc have huge R&D costs, legal costs, patent costs etc etc that all have to be recouped when selling the products.


  • Registered Users, Registered Users 2 Posts: 20,299 ✭✭✭✭MadsL


    Icecream. A cinema might buy a huge tub that you see in those stands for about €30+. An individual scoop could cost the customer.. around €4. You'd get maybe 60-100 scoops, so, yeah, you do the Math.

    The Mr Whippy machines produce soft serve at a cost of about 10c-50c a portion.


  • Registered Users, Registered Users 2 Posts: 10,516 ✭✭✭✭2nd Row Donkey


    MadsL wrote: »
    The Mr Whippy machines produce soft serve at a cost of about 10c-50c a portion.

    Those machines cost about 15,000, often much more. (Or at least they did back in the boom days).

    That's a whole lot's €1.50 cones ya gotta sell to make your money back.


  • Registered Users, Registered Users 2 Posts: 4,246 ✭✭✭ardinn




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  • Closed Accounts Posts: 3,039 ✭✭✭MJ23


    donvito99 wrote: »
    Art.

    Some rollie smoking smelly fairy paying millions for some scribble on a page done by some French fella 200 years ago.


  • Closed Accounts Posts: 4,390 ✭✭✭clairefontaine


    Petrol.


  • Banned (with Prison Access) Posts: 7,099 ✭✭✭Stinicker


    Petrol.

    I understand the shops make 5c a litre and it is the Government that has the markup not the retailer.


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


    Those machines cost about 15,000, often much more. (Or at least they did back in the boom days).

    That's a whole lot's €1.50 cones ya gotta sell to make your money back.
    2-3 hundred a month it cost us to rent one


  • Closed Accounts Posts: 4,390 ✭✭✭clairefontaine


    Stinicker wrote: »
    I understand the shops make 5c a litre and it is the Government that has the markup not the retailer.

    That's right. The markup is taxes. I think the government takes 75% of what you pay at the pump.


  • Closed Accounts Posts: 2,189 ✭✭✭drdeadlift


    That's right. The markup is taxes. I think the government takes 75% of what you pay at the pump.

    How much does the government make on petrol in one year?


  • Registered Users, Registered Users 2 Posts: 535 ✭✭✭ALiasEX


    Sex


  • Registered Users, Registered Users 2 Posts: 778 ✭✭✭Big Davey


    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.
    Can you recommend a wholesaler then.................... My local hardware is a rip off.


  • Registered Users, Registered Users 2 Posts: 14,463 ✭✭✭✭Geuze


    Stinicker wrote: »
    I understand the shops make 5c a litre and it is the Government that has the markup not the retailer.

    Diesel duty is 47.9 cent per litre.

    http://www.revenue.ie/en/tax/excise/duties/excise-duty-rates.html

    So on a 1.50 price:

    23% VAT is 28c
    duty is 48 cent

    total is 76 cent approx, under 50% of the retail price.


  • Registered Users, Registered Users 2 Posts: 14,463 ✭✭✭✭Geuze


    drdeadlift wrote: »
    How much does the government make on petrol in one year?

    http://www.revenue.ie/en/about/publications/statistical/archive/2011/excise.pdf

    See page 3.


    2011 petrol duty seems to be 992m.


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  • Registered Users, Registered Users 2 Posts: 14,463 ✭✭✭✭Geuze


    That's right. The markup is taxes. I think the government takes 75% of what you pay at the pump.


    http://www.revenue.ie/en/about/publications/statistical/archive/2011/excise.pdf

    See page 20.

    Tax content of petrol was 56% in 2011.


  • Banned (with Prison Access) Posts: 10 Dry Hopped


    Premium luxury brands such as Chanel sell goods with enormous markups. A handbag that costs €2500 isn't actually 10 times better in terms of quality over one that costs €250. The materials and workmanship are obviously top notch. But you also pay for the name, concept, the rent of premium locations in wealthy cities, enormously slick and expensive advertising, and the fact they sell high-margin, low volume goods to a niche market.


  • Registered Users, Registered Users 2 Posts: 10,225 ✭✭✭✭cena


    The whole country is a mark up


  • Registered Users, Registered Users 2 Posts: 16,892 ✭✭✭✭osarusan


    As somebody already mentioned, art (especially paintings) has to be right up there. Usually costs very little to produce, but pieces can sell for dozens if not hundreds of millions of dollars.

    Not sure it meets the typical 'mark-up' criteria though


  • Registered Users, Registered Users 2 Posts: 13,171 ✭✭✭✭bnt


    Anything sold in airport shops. Toblerone is not a quality chocolate, why does it cost so much?

    You are the type of what the age is searching for, and what it is afraid it has found. I am so glad that you have never done anything, never carved a statue, or painted a picture, or produced anything outside of yourself! Life has been your art. You have set yourself to music. Your days are your sonnets.

    ―Oscar Wilde predicting Social Media, in The Picture of Dorian Gray



  • Closed Accounts Posts: 6,704 ✭✭✭G.K.


    Gareth Bale


  • Registered Users, Registered Users 2 Posts: 1,745 ✭✭✭bigron2109


    Women


  • Registered Users, Registered Users 2 Posts: 12,780 ✭✭✭✭ninebeanrows


    A hot dog at the Aviva.

    5.50,

    Bun and hot dog must cost 20cent at most.


  • Closed Accounts Posts: 23,646 ✭✭✭✭qo2cj1dsne8y4k


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

    Are you for real?


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  • Moderators, Regional East Moderators Posts: 21,504 Mod ✭✭✭✭Agent Smith


    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.



    People seem to forget the cost of R&D in things.


    I read before that HIV medication costs pharmaceutical company's 3cent a pill.

    the second one does. the first one costs 4/5/600 million in R&D


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