The average retail price is probably around $100.00. The average price of a single product can be anywhere from $1.00 to $1.50 for a box of cereal or $2.00 or more for a magazine.
The average retail price is the only way to determine how much a company is making. If someone is selling a product for $0.50, then they are probably making $0.50.
If you are going to make money from your own company, you should be able to determine your own price. So if you are going to use the average retail price as your starting point, then retailers can charge whatever they want. It’s not about what other retailers pay. It’s about what you want to sell.
The only way to determine the retail price of a product is to ask how much people are willing to pay for it. You can’t just set your own price because you don’t really know what your customers are going to pay. When I was a kid, it would be my neighbor’s house that sold me toys. I would go in with $2.00 in my pocket to buy the toys and then pay him back with candy later.
Nowadays, you cant make those kinds of comparisons because most products are made by a single company that sells it to many different companies. The question then becomes “which companies do you think should be allowed to charge what they want for their products?” As with most things, the answer is “not Amazon, not WalMart, not the government.
The answer is not Amazon, not WalMart, not the government. As with most things, the answer is the products companies make. The government does not make a single dime out of a single product.
Most of the products we buy are bought from companies that make them for others to sell to others. Some of the products we buy are made by us and then sell to a handful of other companies (like Amazon) who sell them to a large number of other companies (like WalMart). Some of the products we buy are made by other companies that make them for others to sell to others, like the ones made by Apple on the App Store or Microsoft on the Windows Store.
They’re all manufactured for other companies to sell to others. The companies that manufacture our stuff are essentially buying a piece of our market, and then selling it to other people.
The most interesting thing about shopping for merch is that it happens a lot more than we might imagine. In fact, this is the topic of one of our upcoming articles.
A lot of the merchandising companies have a lot of money to spend on themselves. For instance, the one I mentioned earlier is really great because Apple is now the biggest retailer of all time.