What margin are electrical outlets working off?

Dr. Nick

Ok, apologies this obviously isn't a bargain alert.

However I think it's relevant to many discussions on here, especially trying to work out what exactly is a bargain and what is selling off old stock.

I'd assume the margin varies greatly depending on brand and type of merchandise (tvs are probably better for instance).

This post was prompted by another post saying that Flor Griffins in Cork are taking 32% off all electrical EXCEPT lapops (which makes me consider that laptop margins a skinny, for instance)

Any views?

Ruu_Old

Hi, useful post but I think it is more relevant to Consumer Issues. Thanks.

antoswords

In my experience :

TV's : 22% - 29% depending on model

Laptops : 12% - 17% again depending on model

Consumables, i.e. Cables, tapes, blank discs etc anything from 35% - 50%

antoinolachtnai

Laptop margins have been taking a bit of a hit. The multiples have pulled the prices way down and the margins seem to be smaller than that now.

For consumables, the margins could be a lot higher than that.

Elessar

I believe the margin is very small on laptops which is why places like Dixons/Currys push the extended warranties on them. It's here they make their profit. In fact I believe it's quite hard to buy a laptop in these chains anymore without also buying the extended warranty.

DOS

A TV for €999 incl VAT will have usually cost around €675 excl VAT to the store.

A Laptop for €999 incl VAT will have usually cost around €725 excl VAT to the store.

Consumables for €29 incl VAT will have usually cost around €16 excl VAT to the store.