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items with the biggest mark up.

13

Comments

  • #62
    peewee_44
    Registered Users, Registered Users 2 Posts: 490 ✭✭peewee_44


    wazky wrote: »
    Water.

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

    get 12 bottles from Aldi for about 25c a bottle


  • #63
    Cookie_Monster
    Registered Users, Registered Users 2 Posts: 24,635 ✭✭✭✭Cookie_Monster


    Agent Smith wrote: »
    People seem to forget the cost of R&D in things.

    well the OP specifically said markup. That means selling price less production costs only leaving gross profit. R&D and all other expenses come after that and do not directly plug into Gross Profit, only Net.
    Almost definitely pharma will be the highest. Production cost for a single pill will be minute but retail cost may be €1+

    Could easily have a GP of 97% but a net profit of only 5% once all the business costs are added in.


  • #64
    Gloomtastic!
    Registered Users, Registered Users 2, Paid Member Posts: 9,201 ✭✭✭Gloomtastic!


    Any business that's a franchise will need at least a 50% margin to make it viable.


  • #65
    NIMAN
    Registered Users, Registered Users 2 Posts: 35,587 ✭✭✭✭NIMAN


    Printer ink.

    Approx 1500 times more expensive than home heating oil.


  • #66
    Irish Guitarist
    Closed Accounts Posts: 5,736 ✭✭✭Irish Guitarist


    Crisps must have a massive markup. The average bag of Tayto contains about half a potato.


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  • #67
    Teyla Emmagan
    Registered Users, Registered Users 2 Posts: 5,639 ✭✭✭Teyla Emmagan


    Tampons!! Five euro for a box of cotton balls on a string that will last you two days. They should be tax free, like nappies. (Which should be tax free if they aren't already). They are not a luxury item!!!!


  • #68
    homerjay2005
    Registered Users, Registered Users 2 Posts: 29,346 ✭✭✭✭homerjay2005


    it has to be the "labelled" clothes - you can see the likes of Pennys and Dunnes selling shirts and other clothes for €5-€10, but then you see other labels at crazy prices that are made in india and taiwan for €50-€100.

    the difference in quality is not 10 or 20 times.

    jamo2oo9 wrote: »
    Beer.

    not really - tax makes up a huge amount of the mark up, so the pubs are not making that much. if the tax was normal, pints would be about €3.50 - €4 on average as opposed to €5+.


  • #69
    lil'bug
    Closed Accounts Posts: 2,506 ✭✭✭lil'bug


    lightbulbs have a huge markup


  • #70
    gobnaitolunacy
    Closed Accounts Posts: 3,073 ✭✭✭gobnaitolunacy


    Irish Guitarist wrote: »
    Crisps must have a massive markup. The average bag of Tayto contains mostly air.

    FYP :D


  • #71
    paulbok
    Registered Users, Registered Users 2 Posts: 5,172 ✭✭✭paulbok


    poisonated wrote: »
    I'd say pizza that you buy in restaurants have a high mark up.
    Roughly the same price in a resturant as from a take-away soit's the 4 stars etc that are earning the dough on pizzas.
    The Dom wrote: »
    Has to be Cinema Popcorn.
    Anything sold in a cinema has massive markups. They give the reason that they only make thier money off snack as they get nothing off the movices. Well if customers bring their own popcorn and buy none in the cinema, they make nothing.

    €5.50 for a bag of popped corn that would surely cost around 8c.
    would it even be that much? The syrup that goes into a regular coke from the dispensers costs about 3c.
    Irish Guitarist wrote: »
    Crisps must have a massive markup. The average bag of Tayto contains about half a potato.
    You are paying for the air in the bag :D


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  • #72
    Geuze
    Registered Users, Registered Users 2 Posts: 14,463 ✭✭✭✭Geuze


    Teyla Emmagan wrote: »
    Tampons!! Five euro for a box of cotton balls on a string that will last you two days. They should be tax free, like nappies. (Which should be tax free if they aren't already). They are not a luxury item!!!!

    There is no such thing as a special VAT rate for "luxuries".

    The normal VAT rate is 23%.

    The reduced VAT rates are 0% and 13.5%.


  • #73
    eisenberg1
    Registered Users, Registered Users 2 Posts: 5,387 ✭✭✭eisenberg1


    I didn't go through the whole thread, so I hope it was not mentioned already.

    I think its popcorn, I think it has a mark up of 600%


  • #74
    [Deleted User]
    Posts: 12,836 ✭✭✭✭ [Deleted User]


    Dominos Pizza


  • #75
    kumate_champ07
    Closed Accounts Posts: 7,150 ✭✭✭kumate_champ07


    donvito99 wrote: »
    Art.
    thats a pretty broad spectrum. some artists charge by the hour with similar rates a carpenter might charge, others depending on their fame will decide what the market will pay. theres art 'investment pieces' made by **** and bought by ****, and theres art made by 'ordinary' people and bought by ordinary people


  • #76
    kumate_champ07
    Closed Accounts Posts: 7,150 ✭✭✭kumate_champ07


    Teyla Emmagan wrote: »
    Tampons!! Five euro for a box of cotton balls on a string that will last you two days. They should be tax free, like nappies. (Which should be tax free if they aren't already). They are not a luxury item!!!!
    well theres a simple solution, buy a ball of string and bag of cotton balls for less than 2euro, you should be sorted for the year


  • #77
    Flaker
    Registered Users, Registered Users 2 Posts: 253 ✭✭Flaker


    As the OP said - flowers. I used to work in a florist for big holidays (Valentine's, Easter etc.) A single flower would cost about 2c and they charge about €1 - €1.50 for it.

    They also charge for everything that goes into the bouquet. Cellophane, bits of leaves and ivy they get from hedges (which they do, believe me), recycled oasis, everything.

    I was amazed. A bunch of flowers that cost them maybe €2 would cost you maybe €30. I know they are a perishable product and all, but still...


  • #78
    kingtut
    Registered Users, Registered Users 2 Posts: 6,491 ✭✭✭kingtut


    For me the biggest shocker is not the mark up on these products but the fact that people are paying these prices!

    People don't complain enough in this country, sick of being ripped off or charged a fortune for popcorn at the cinema? Then complain about it to a manager, don't moan about it after you make the purchase :rolleyes:


  • #79
    wretcheddomain
    Registered Users, Registered Users 2 Posts: 3,094 ✭✭✭wretcheddomain


    A 5 minute visit to the GP then to be told "There's nothing wrong with ya so would ya ever f*ck off!".


  • #80
    Capt'n Midnight
    Moderators, Recreation & Hobbies Moderators, Science, Health & Environment Moderators, Technology & Internet Moderators Posts: 95,492 Mod ✭✭✭✭Capt'n Midnight


    Howard Juneau wrote: »
    And watch said ink destroy your printer, purge units get soaked, ink quality is rubbish, leakages etc.
    When an entry level printer costs less than an ink refill it's a chance you can take


  • #81
    Capt'n Midnight
    Moderators, Recreation & Hobbies Moderators, Science, Health & Environment Moderators, Technology & Internet Moderators Posts: 95,492 Mod ✭✭✭✭Capt'n Midnight


    Lila Crashing Harp wrote: »
    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.
    Agent Smith wrote: »
    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

    Just so everyone is clear on this. Big pharma spends about three times as much on advertising as they do on R&D.

    EU laws on pharma marketing are very different to the EU so we are in effect subsidising ads in the US.

    The other big cost is fines. There have a good few Billion dollar fines given to big pharma recently.

    Also in the US the government heavily funds research for rare diseases so R&D doesn't have to come from profits.


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  • #82
    Howard Juneau
    Closed Accounts Posts: 2,901 ✭✭✭Howard Juneau


    Capt'n Midnight wrote: »
    When an entry level printer costs less than an ink refill it's a chance you can take

    Ever listened to customers whine about the refill ruining their €49 printer?. They will & they do ;)


  • #83
    megaten
    Registered Users, Registered Users 2 Posts: 1,913 ✭✭✭megaten


    osarusan wrote: »
    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


    Art generally takes tons of time in terms of man hours compared to what people are willing to pay.


  • #84
    H2UMrsRobinson
    Registered Users, Registered Users 2 Posts: 777 ✭✭✭H2UMrsRobinson


    kumate_champ07 wrote: »
    well theres a simple solution, buy a ball of string and bag of cotton balls for less than 2euro, you should be sorted for the year

    Mooncup FTW


  • #85
    dutcher
    Site Banned Posts: 52 ✭✭dutcher


    Anything with Apple in the same sentence. Ipad, Iphone, Macbook, IMac.


  • #86
    Muahahaha
    Registered Users, Registered Users 2 Posts: 19,774 ✭✭✭✭Muahahaha


    bohsboy wrote: »
    Good enough for them. My heart bleeds.

    Your heart bleeds for drug dealers who make a 7,100% profit ? Fair enough so, whatever you're having yourself


  • #87
    Sh1tbag OToole
    Closed Accounts Posts: 3,971 ✭✭✭Sh1tbag OToole


    That little windowed case for the Samsung galaxy s4

    They are 'worth' 50e but I'll eat my hat if they cost more than 50c to make

    Cables and electronic components bought in a shop

    Boards.ie subscriptions

    Christmas decorations

    Most stuff you see in a shop over here that's made in China


  • #88
    Hoop66
    Registered Users, Registered Users 2, Paid Member Posts: 2,864 ✭✭✭Hoop66


    kingtut wrote: »
    For me the biggest shocker is not the mark up on these products but the fact that people are paying these prices!

    People don't complain enough in this country, sick of being ripped off or charged a fortune for popcorn at the cinema? Then complain about it to a manager, don't moan about it after you make the purchase :rolleyes:


    LOL


  • #89
    pickarooney
    Moderators, Arts Moderators Posts: 36,171 Mod ✭✭✭✭pickarooney


    What if cinemas added three euros to the price of tickets and had all you can eat popcorn?


  • #90
    [Deleted User]
    Posts: 26,219 ✭✭✭✭ [Deleted User]


    Teyla Emmagan wrote: »
    Tampons!! Five euro for a box of cotton balls on a string that will last you two days. They should be tax free, like nappies. (Which should be tax free if they aren't already). They are not a luxury item!!!!


    I dunno. Nothing says 'Treat Yourself!' quite like a box of tampons :)


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  • #91
    Sleepy
    Registered Users, Registered Users 2, Paid Member Posts: 24,602 ✭✭✭✭Sleepy


    Soft drinks. I'd be very surprised if the bottle doesn't cost more to produce than the liquid it contains.

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