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is the price insane or the purchaser that pays that price?

Posted by jimmyjames on July 25, 2012 at 03:16:33:

I agree their prices are insane. The $ vs the E has something to do with it as does importation costs. I'm sure it is not cheap to manufacture anything in socialist England. On the other hand if a dealer in the US sells a Harbeth speaker for $6000 and is getting $2400 gross profit, more power to them but that is insane as well and my cheap butt would negotiate the hell out of that transaction especially since the Harb dealers I know do not stock the speaker and are just shuffling paper to sell one. I called my only local high end salon the other day trying to buy a $1000 item and they didn't even have that in stock. I work for an electrical mfr in operations. The company I work for sells to wholesale distributors. They don't stock anything much anymore either so all their big $ transactions are paper shuffling, no warehousing costs. They do business every day at 5% margin. They have bricks and mortar infrastructure too and they make money and stay in business.