that is, if it is offered at both places, i.e. an appliance.
2006-06-18 05:02:11 · 7 answers · asked by Anonymous in Business & Finance ➔ Corporations
No. All factory workers are paid wages related to their output. I would imagine the factory owners who sell to Neiman-Marcus have higher prices to them than others, because Neiman-Marcus demands first quality goods.
Neiman-Marcus needs the higher selling price in order to cover their fancy stores and feed the value of their brand name.
The price charged to consumers doesn't usually lead to bigger profits to the company, since high-price retailers have higher costs to operate.
Wal*Mart is an excellent example. They sell at lower prices, and still make more money than anyone.
2006-06-18 10:21:19 · answer #1 · answered by Karl the Webmaster 3 · 1⤊ 3⤋
no, it doesn't matter where you purchase it. The retail company buys items from wholesale providers. The retailers jack the price up about 200% or more and sell the product at whatever price they want.
So if you purchase an item at Neiman-Markus (or Needless-Markup) for $30.00, and they only paid $2.00, then they made the profit.
If you purchased the same product at Walmart for $15.00 and they only paid $2.00, they made the profit, but considerably less than Neiman Markus.
Profits from items we buy go to that particular store. The factory workers get their money from the profits made by their place of work by selling their goods to retailers.
workers->factory->retail store
2006-06-18 12:15:49 · answer #2 · answered by Amy Swallows 3 · 0⤊ 0⤋
No but Neiman-Marcus makes a killing off you.
Of course so does Wal-Mart but that is volume.
2006-06-18 12:06:37 · answer #3 · answered by urndway 2 · 0⤊ 0⤋
You pay for the Name,workers get minimum wage or less overseas and walmart workers are programed like robots to accept wages received. Its your choice. I buy at thrift stores to benefit disabled.
2006-06-18 12:18:38 · answer #4 · answered by p_valdivez 4 · 0⤊ 0⤋
Nope they don't. They make the same amount of money. They're cheap labor, and when you pay more you're just getting ripped off, unfortunately they don't pay the factory workers more regardless of the prices we pay.
2006-06-18 13:23:45 · answer #5 · answered by Q the genius 2 · 0⤊ 0⤋
No. Only the retailer makes more. The workers still get slave wages.
2006-06-18 12:07:09 · answer #6 · answered by AsianPersuasion :) 7 · 0⤊ 0⤋
No! they get mimimum wage or less!!
2006-06-18 12:05:30 · answer #7 · answered by Dana B 3 · 0⤊ 0⤋