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Old 04-02-2013, 05:05 PM   #21
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Sorry to piss on the party Notdku, I know this place doesnt run itself and money is money but still....what they are doing is beyond greedy. Its just wrong.

As I said, Im sad because their customer service is incredible and I hate to see those good working people suffer. But they DO need to suffer now, by starvation.
You're not in any way. I have no affiliation with them.
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Old 04-02-2013, 05:32 PM   #22
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Stainless......That's awesome.

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Old 04-02-2013, 06:24 PM   #23
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Price Gouging VS Supply and Demand is a fine line...

Several of my local gun stores saw this coming and refused to raise prices... their customers appreciated it but there shelves has been empty for months and anything that does show up is gone instantly.

We have a "new" shop in town as well, they opened up about a month before Newtown. I stopped in once and was shocked to see a wide selection of hi cap auto pistols but they were all marked "price on request".

Asking about his G19 Gen 4 revealed an asking price of $750 for a gun that was selling "pre Newtown" for $525.

Are these practices "evil" or are they just "business".

If every "know" dealer in town has empty shelves because they did not follow the laws of supply and demand, how long will there doors stay open? Awful hard to pay rent and salaries when you've got NO product to sell.

Initially, I was pissed at the price I was quoted but I also recognize a large cross section of "new" gun owners who:

A. Will buy from the place that actually has guns in stock
B. Will pay the inflated price because it's there... and they lack our "frame of reference".

On one hand, we should all be grateful to President Obama... after all, we've all been striving to increase the number of gun owner for years in an attempt to preserve our rights and this guy... with ONE speech... created more NEW gun owners than the entire membership of FTF will accomplish in our entire lives!

The downside of more demand is the obvious LESS supply and the higher prices that come with it.

Stay calm... prices will come back down... and we can all get back to the important work of killing pop cans.

Tack

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Old 04-02-2013, 06:54 PM   #24
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Tack:

$69 for (50) 9mm FMJ rounds should make you angry, period.

Let's say MAYBE prices for PMC Bronze (from a retail standpoint that reflects supply and demand) jumped from $13.99 to $19.99. Thats roughly 30% hike, retail cost. Sure, OK, I'll buy that. But I can tell you right now...first hand....that the vendors selling bulk ammo to gun shops are NOT selling $25, $30, or $40 boxes of ammo at their cost.

No sir, asking $69/box for target 9mm ammo is absolutely disgusting.

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Old 04-03-2013, 12:04 AM   #25
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Tack:

$69 for (50) 9mm FMJ rounds should make you angry, period.

Let's say MAYBE prices for PMC Bronze (from a retail standpoint that reflects supply and demand) jumped from $13.99 to $19.99. Thats roughly 30% hike, retail cost. Sure, OK, I'll buy that. But I can tell you right now...first hand....that the vendors selling bulk ammo to gun shops are NOT selling $25, $30, or $40 boxes of ammo at their cost.

No sir, asking $69/box for target 9mm ammo is absolutely disgusting.
SS...

It does make me mad, like everyone I've had to cut my shooting since all this BS broke loose. I'm not "excusing" $69 for 50 rounds of 9mm, I'm just saying that when panic buying hits, retailers that don't react and raise prices wind up selling out... then going out of business "if" it lasts to long.

People are creatures of habit and if there treated well by a business that has the merchandise there looking for, they will go back, especially those who don't understand how bad there being screwed. Conversely, few people will keep going back to the guy who's shelves are always empty.

Anyone who's been in business knows that you must balance your margins with your inventory and do your best to maintain your margins without emptying your shelves.

If your on your 15th shipment of a product... and it sells out in 1 hour... just like the last 14 shipments did... it's time to jack your prices to a level where your "flow" of merchandise is equal to "pre Panic" levels and you can actually maintain some stock on your shelves.

Tack
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Old 04-03-2013, 04:33 PM   #26
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Quote:
Originally Posted by StainlessSteel215 View Post
Tack:

$69 for (50) 9mm FMJ rounds should make you angry, period.

Let's say MAYBE prices for PMC Bronze (from a retail standpoint that reflects supply and demand) jumped from $13.99 to $19.99. Thats roughly 30% hike, retail cost. Sure, OK, I'll buy that. But I can tell you right now...first hand....that the vendors selling bulk ammo to gun shops are NOT selling $25, $30, or $40 boxes of ammo at their cost.

No sir, asking $69/box for target 9mm ammo is absolutely disgusting.
PMAG sold a 3 year supply of magazines in 5 days. That's a raw jump of 22000% in "demand". I'm sure it would be higher if they actually had anything to sell.

By the way. I ran the math 3 different ways to make sure I did it right.
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Old 04-03-2013, 04:52 PM   #27
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Actually here. I'm going to prove it to you.

Lets normalize "regular demand" at 100 magazines per year.

In a normal year they sell all 100 magazines. Now we need to calculate "panic demand".

"panic demand" = 3 years in 5 day which in turn = 1 years / 1.666 days.

Since in a regular demand year, rate equals: 100 magazines / 365 days = 0.274
Using the same formula for demand rate in a "panic demand" situation: 100 magazines / 1.666 days = 60.024

Now we need to compare the two demand rates by using the formula: "Panic Demand"/"Regular Demand" x 100 to give a percentage.

(60.024/0.274)*100 = 21906.57%

And that's a supply limited number. The fact that you can find anything on the shelves at all is a friggen miracle of 21st century technology.

It's not gouging! Demand really is that high!

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Old 04-03-2013, 05:13 PM   #28
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Thats some impressive math figures tCan, and I appreciate the big bold face yelling at the end to solidify your formula.... but please answer me this....

How come WalMart continues selling boxes of the EXACT 9mm boxes for an retail cost of just $18.99 per box? In theory they are getting their bulk ammo from the same source. What justifies the $45 difference in cost?!?!

What say you to that?

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Old 04-03-2013, 05:20 PM   #29
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Originally Posted by StainlessSteel215 View Post
Thats some impressive math figures tCan, and I appreciate the big bold face yelling at the end to solidify your formula.... but please answer me this....

How come WalMart continues selling boxes of the EXACT 9mm boxes for an retail cost of just $18.99 per box? In theory they are getting their bulk ammo from the same source. What justifies the $45 difference in cost?!?!

What say you to that?
You don't know much about how Walmart works, do you?
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Old 04-03-2013, 05:27 PM   #30
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I know how WalMart works in regards to offering the cheapest bottom dollar prices for their made in China crap they sell.....but when it comes to a domestic company like Remington for example.....How on earth would they force Remington to cut them a special wholesale deal on ammo? Why would Remington consent to that, if Joe Shmo the exec of Cheaperthandirt is selling it for a hyper inflated cost of $69?

Im honestly at a loss there, explain.

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