Are We In A DE-EVOLUTION?

Based on data from the Bureau of Labor Statistics, the ¦ average hourly rate for a retail salesperson in the sporting goods industry was $12.55/ hour in May 2019. BEING PRICED OUT OF BUSINESS The pricing of products is a complex topic spanning many factors, such as the state of the economy, cost of...

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Bibliographic Details
Published inThe Shooting Industry Vol. 69; no. 7; pp. 32 - 33
Main Author Yacek, Hank
Format Magazine Article Trade Publication Article
LanguageEnglish
Published San Diego Publishers' Development Corporation 01.07.2024
Publishers Development Corporation
Subjects
Ammunition
Costs
Firearms
Gross income
Manufacturers
Manufacturing
Market prices
Profit margins
Profitability
Retail stores
Sales
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Summary:Based on data from the Bureau of Labor Statistics, the ¦ average hourly rate for a retail salesperson in the sporting goods industry was $12.55/ hour in May 2019. BEING PRICED OUT OF BUSINESS The pricing of products is a complex topic spanning many factors, such as the state of the economy, cost of manufacturing and costs to promote and even implement strategic pricing to steal market share from the competition. Retailers turn those products back into the truly most valuable commodity - cash! WHEN MAP BECOMES "MARKET PRICE" Surveying many of the major brands in the firearm marketplace we experience a situation called Minimum Advertised Price (MAP), the lowest price at which a retailer and manufacturer agree to market their goods.
ISSN:0037-4148