Price gouging in Florida

[Benton]

(10-07-2016, 09:37 AM)GMDino Wrote: Because people will patronize them again when they have lower prices.

In our industry I had a great customer (this was 10 years ago) that was getting 100% screwed by one of my competitors because there was a shortage in of our product.  EVERYONE'S prices had gone up, but in this case the supplier was sticking to my customer because he wasn't a big buyer and he wanted to sell to the bigger company that had more money.  So he would charge them more, take longer to get him the product and/or just not deliver for months.

We took care of the situation because we had done business with them for years before all this happened too.

My customer cursed that other guy every time I talked to him.

As soon as the market stabilized (and actually got bad for a few years) my customer went right back to the guy who screwed him because they turned around and undercut our pricing (as it was going back down) by a few dollars.  He still complained about the quality and all the same problems he had...but hey..he save a couple bucks per product.

To this day it pisses me off.

But just like I won't gouge anyone I won't kiss their ass and lose money just because the other guy will.

For too many people they don't care how they are treated as long as they can save a buck.  So they'll forgive and forget and next time get screwed again.

Who knew the wholesale sex toy market was so competitive?


As to the OP, if you take away a company's ability to grossly overcharge for a product, you take away their First Amendment rights. Free speech says I can say "you owe my $16 for this bottle of water" if I think you'll pay it.