+1 for a pricing lesson that many are unaware of..
Originally Posted by
johnybutts
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What you may or may not already know is that your primary suppliers are going to set limits on your pricing. especially if you use QBP for most of your components/apparel/nutrition/etc... they will supply you with a listed "MSRP" then give you a "lowest price MSRP" and you are required by your contract to stay within these prices.
There are provisions for sales: 2 times per year you're allowed to drop your prices 10% below lowest MSRP for something like 2 weeks at a time. I can only assume they check in from time to time to ensure you are abiding by your contract
I'm not sure how online retailers are supplied, but they obviously have different contracts to allow lower prices... In addition to buying in BULK, which is something you wont have the capital for.
anyways, just thought i'd throw this out there for everyone saying "lower prices".. you wont exactly have carte blanche over your pricing.
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