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Since the reference was towards buying furniture...people do not realize the VERY high markup they have. Many stores will have only one salesperson and lets face it...how many sofas are they selling in one weeks time?. Other then the rent...overhead costs are low. Foot traffic would be low.
Since the reference was towards buying furniture...people do not realize the VERY high markup they have. Many stores will have only one salesperson and lets face it...how many sofas are they selling in one weeks time?. Other then the rent...overhead costs are low. Foot traffic would be low.
Back when I was selling furniture I averaged between 15-20K a week, thats quite a few sofas!
As others said it would depend on how much it would cost - in $ and effort - to get the first one.
I tend to buy from the place that will be easier to deal with if I have a problem. But if the cost saving is significant I will go out of my way to save the extra $.
In my situation, when I shop around, if the higher priced store doesn't budge, I ask for a price match. If they match it, I go for the jugular and ask 'How much of a discount if I pay cash?'.
But I never ask both questions at once.
You be amazed how much you can save with just the second question these days.
If it's a small establishment, you could probably save quite a bit, since some of them pocket some or all of the cash.
Well...I decided not to buy this particular style of item which nixed the dilemma of which retailer to buy it from. But one consideration that was most important to me was maintaining a good ongoing relationship with the store that gave me great service because they're really connected in the industry and offer losts of other services. I feel like I established that. Also, I spent some more time with other retailers. I felt under less "obligation" just because the first place gave me great service. I got good service elsewhere, too, and hey, it's a competitive world. (BTW, it's not a sofa, but the price point is similar which is why I used that example.)
The other consideration, as some of you mentioned, is service and warranty after purchase. I never checked with the cheaper place, but had they had the same warranty and service terms, I would have probably gone with the cheaper place. They did a nice thing for me, too, during this shopping process.
The first place was convenient because it's closer and I happen to go that way every week. But the second place was only 20 minutes further, just not on my regular weekly routes.
Thanks for the responses. I appreciate the interesting variety of replies.
I know many places that don't absorb the " platic fee"
They have posted----"3% discount for cash or check"
A major auto body shop near me has a huge sign in their office--------" Cash or check"
" 3% added to bill for plastic"
There is not a place around me that will sell a hunting or fishing license if you use plastic.
Go find someone else to sell that bridge to !
Read your merchant contract with the credit card companies....you can NOT offer a discount for cash or charge a premium for credit...which, of course, is the same thing.
Sure, it's done all the time, but on the sly....only fools post signs, huge or otherwise. If Visa/MC finds out you're doing it, they will cut you off.
As for the topic....I gladly pay more for "service after the sale" on big stuff like appliances. That big fridge might be cheaper at Home Depot or Best Buy, but Gawd help you if it's defective....
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The outcome
