Is it because they buy so much?? And if anyone can answer this, does anyone know how much Woolworths buys a single coke can from coke????? In australia that is.....Cheers.
2007-06-30 12:04:22 · 3 answers · asked by smokey_crim 3 in Business & Finance ➔ Other - Business & Finance
If I had to guess, it is what we in the US call a "loss leader". The idea is that yes, they are selling that one item at a loss, but now that they have you in the store, they are hoping that you will buy more than just that one item so they end up making a profit.
Woolworths here in the US closed all their stores in the early 1980s. Another part of my youth that I miss.
2007-06-30 13:11:44 · answer #1 · answered by F. Frederick Skitty 7 · 1⤊ 0⤋
It's possibly due to the volume that they purchase and the arrangement that they have with Coke. They may buy direct or buy for less from a Coke supplier.
You don't know how many different price levels the suppliers have. Business today is all based on negotiation, usually based on volume, (but not always)
You'll never know what they are paying. It may change often.
2007-07-04 07:52:30 · answer #2 · answered by CommonCents 4 · 0⤊ 0⤋
you mean to say there are still woolworths in australia
i thought that franchise was dead long ago
2007-06-30 12:13:13 · answer #3 · answered by Anonymous · 0⤊ 0⤋