GreenSanta
Well-Known Member
except if you buy 500 of them you probably pay way less per item or was that what you paid for them?
"Area 51 LED" Information and discussion
- Thread starter captainmorgan
- Start date
don't generalize. the product is not for you
kmog33
Well-Known Member
Still a pretty good markup. You were more or less right on the higher side. Newer items/tech, bigger markup.
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nogod_
Well-Known Member
I had a good laugh at this.
Where is this figure coming from?
You would be hard-pressed to find a retailer in any setting with less than a 50% markup, that is to say double the cost of goods.
Maybe you work for a non-profit?
Where is this figure coming from?
You would be hard-pressed to find a retailer in any setting with less than a 50% markup, that is to say double the cost of goods.
Maybe you work for a non-profit?
kmog33
Well-Known Member
I'm talking about Macy's, Nordstrom, etc. As they do not typically manufacture their own goods the mark up on the prices that they pay wholesale are marked up 20-40% based on the market.
This article states it's even less on grocers and a lot of business'.
http://www.entrepreneur.com/answer/221767
This ones all over the place
http://www.wisebread.com/cheat-sheet-retail-markup-on-common-items
Here's some more, designer clothing seems to be the most marked up.
http://smallbusiness.chron.com/normal-markup-percentage-80750.html
http://smallbusiness.chron.com/markup-percentage-retail-clothing-80777.html
So the thing is, everything get marked up every step of the way. So manufacturer to wholesaler is a 20-40% markup, then wholesaler to distributor is another 20-40% in an industry setup like this. Comes out to around 80% markup on a lot of items which is why I stated that the statement about double isn't so off point on the upper end of consumer items.
So Cree produces cobs and sells them at some markup, probably on the higher end here as they produce a lot, to kb and cutter and digikey etc. Then you get another 20-40% markup at the point that you are buying. And as you can see it varies widely based on distributor.
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swagslayer420
Well-Known Member
All the price points are great for the products being offered! Excited the RW-150.1 is coming and 6 Vero unit is something the industry needed really excellent product line and modular platform has gone great lengths at my locations.
SamsonsRiddle
Well-Known Member
damn, i understand why the prices are so high but poor people like myself won't be able to afford
i can't stop watching the site now
i can't stop watching the site now 
hillbill
Well-Known Member
I don't care what the markup is on most things I buy. It is not relevant in the least. What matters to the end user is the value, quality, design etc. I in fact like to see a manufacturer to make a healthy profit. Competition will show how much profit is to be made on a product. It's up to us to be wise buyers.
No one can accurately know the real costs involved along the trail of bringing a specific product to market, especially newly developed technology. That would include r+d, materials acquisitions, parts sourcing, packaging and more and more.
Some people have been known to sell herb for really high profits. So? Get over it.
No one can accurately know the real costs involved along the trail of bringing a specific product to market, especially newly developed technology. That would include r+d, materials acquisitions, parts sourcing, packaging and more and more.
Some people have been known to sell herb for really high profits. So? Get over it.
bleushrume
Member
Just pre-ordered a W90 4000 K for my grow and I can't wait.
The price is really excellent considering the time, research and expertise Eraserhead has put into his products. These forums are filled with knowledge he has shared with us.
The new CXB and RW look amazing too, but at over double the cost I just couldn't justify it since I don't really need a big grow at all. (Nor could I really have a big one if I want to keep things legal under Oregon's 4 plant law).
I don't smoke a ton any more, so if I can pull an ounce I'll be set for a year.
The price is really excellent considering the time, research and expertise Eraserhead has put into his products. These forums are filled with knowledge he has shared with us.
The new CXB and RW look amazing too, but at over double the cost I just couldn't justify it since I don't really need a big grow at all. (Nor could I really have a big one if I want to keep things legal under Oregon's 4 plant law).
I don't smoke a ton any more, so if I can pull an ounce I'll be set for a year.
Some observations:
1. You'll be surprised how much more you smoke once you have awesome, readily available herb.
2. You should probably harvest significantly more than an ounce from that plant... if you conservatively figure 0.5 gpw, that'll be 47g or almost 2oz.
3. You could potentially grow one plant to grow a pound, if you top / scrog / 'feed' / water / light it properly. Obviously that 93 Watt W90 won't be enough light for that, though.
ttystikk
Well-Known Member
I gotta back you up on this, especially the smoking more when it's just laying around the place, waiting on me!
AquariusPanta
Well-Known Member
LOL!
captainmorgan
Well-Known Member
There's the condescending little prick posting more of good vibes for everyone.
What's the website for Area 51 the led forum I mean are there pics if the 6 vero model
AquariusPanta
Well-Known Member
@captainmorgan
O come now brother, you know the idea of Eraserhead coming here and sharing his knowledge over cobs is nothing short of a joke. To put things into perspective, I joined the forums around the early fall of 2014, where I'd watch others, such as @SomeGuy, elaborate and share their success stories of building their own grow lights. It wasn't until around the following year that Area51 would finally jump on the COB band wagon and begin selling their cob products. In other words, they, like myself, were students and learned from those teachers who had before shared their wisdom over the matters of cob lighting. In conclusion, Eraserhead has only capitalized on the successes of those before him and so me seeing someone entertain the idea that he ever shared any knowledge over widespread, predated knowledge made me laugh a little.
Cheers to laughter!
O come now brother, you know the idea of Eraserhead coming here and sharing his knowledge over cobs is nothing short of a joke. To put things into perspective, I joined the forums around the early fall of 2014, where I'd watch others, such as @SomeGuy, elaborate and share their success stories of building their own grow lights. It wasn't until around the following year that Area51 would finally jump on the COB band wagon and begin selling their cob products. In other words, they, like myself, were students and learned from those teachers who had before shared their wisdom over the matters of cob lighting. In conclusion, Eraserhead has only capitalized on the successes of those before him and so me seeing someone entertain the idea that he ever shared any knowledge over widespread, predated knowledge made me laugh a little.
Cheers to laughter!
captainmorgan
Well-Known Member
Yeah,you have everyone's best interest at heart,you still trolling new members with PM's to sell your lights?
AquariusPanta
Well-Known Member
Sure I do, including my own. Lol it was an early phase approach of business that didn't take long to dispose of. I don't expect others who can't relate to come close to understanding some of my decisions, so I get where you're coming from.
captainmorgan
Well-Known Member
EH can defend himself but I don't ever remember him claiming to be part of the DIY community like you seem to. I do remember that he has always been transparent and honest. He even disclosed his parts in his lights down to the bin and supplied lights to do comparison grows.
captainmorgan
Well-Known Member
My guess based on your history here is that your now friendly behavior towards the more knowledgeable members here is another of your business strategies to get them to help you in your research and not out of the goodness of your heart to help the DIY community.