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Best Buy: Are you sh!tting me?
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<blockquote data-quote="Flipx99" data-source="post: 3628939" data-attributes="member: 562352"><p>I am aware of thus. Usually there is also a distributor between the shop and the company. Maybe even another middle man. There is not that much information available about it publically. (In Finance journals, economic journals, and besides that 1 issue of Forbes with Tommy McKinnie, businessweek, etc)</p><p></p><p>If the latest CA&amp;E issue says the car audio market is a $7B per year industry. That is about the equivalent of 1 division ( aprox 400 stores) of Lowe's.</p><p></p><p></p><p><a href="http://finance.google.com/finance?client=ob&amp;q=KR" target="_blank">http://finance.google.com/finance?client=ob&amp;q=KR</a></p><p></p><p><a href="http://finance.google.com/finance?q=NYSE:SWY" target="_blank">http://finance.google.com/finance?q=NYSE:SWY</a></p><p></p><p><a href="http://finance.google.com/finance?q=NASDAQ:WINN" target="_blank">http://finance.google.com/finance?q=NASDAQ:WINN</a></p><p></p><p>I can go on and on about profit margin. You may not be able to manage your way out of a paper sack, but don't ever in your life try to call me out on financial ratios.</p><p></p><p></p><p>See above. You are a stupid fvck. Like your store is the only store....//content.invisioncic.com/y282845/emoticons/rolleyes.gif.c1fef805e9d1464d377451cd5bc18bfb.gif<img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" class="smilie smilie--sprite smilie--sprite11" alt=":rolleyes:" title="Roll eyes :rolleyes:" loading="lazy" data-shortname=":rolleyes:" /></p><p></p><p></p><p>I do. But on an aggregate level. What he doesn't know is all store's don't pay the same amount for all products. Or there is a heterogeneous vendor mix. You can't have both.</p><p></p><p></p><p>I didn't say anything about a gallon of milk. I spefically mentioned the profit margin of major grocery stores.</p><p></p><p></p><p>Sudy fragmented markets much? This isn't the first time it will happen, isn't the last. Just maybe you know a bit more about car audio and care more about it, but from an economical and financial point of view, it is nothing new.</p><p></p><p>Here's a couple possible scenarios</p><p></p><p>1. Car audio manufacturers focus their efforts on products that people can easily and quickly install themselves.</p><p></p><p>2. Friends, forums, etc are always willing to lend support, help, and advice.</p><p></p><p>3. The business model will have to change. Some people will go bankrupt. Some people will starve. Some people will modify their plans and get rich.</p></blockquote><p></p>
[QUOTE="Flipx99, post: 3628939, member: 562352"] I am aware of thus. Usually there is also a distributor between the shop and the company. Maybe even another middle man. There is not that much information available about it publically. (In Finance journals, economic journals, and besides that 1 issue of Forbes with Tommy McKinnie, businessweek, etc) If the latest CA&E issue says the car audio market is a $7B per year industry. That is about the equivalent of 1 division ( aprox 400 stores) of Lowe's. [URL="http://finance.google.com/finance?client=ob&q=KR"]http://finance.google.com/finance?client=ob&q=KR[/URL] [URL="http://finance.google.com/finance?q=NYSE:SWY"]http://finance.google.com/finance?q=NYSE:SWY[/URL] [URL="http://finance.google.com/finance?q=NASDAQ:WINN"]http://finance.google.com/finance?q=NASDAQ:WINN[/URL] I can go on and on about profit margin. You may not be able to manage your way out of a paper sack, but don't ever in your life try to call me out on financial ratios. See above. You are a stupid fvck. Like your store is the only store....[IMG]//content.invisioncic.com/y282845/emoticons/rolleyes.gif.c1fef805e9d1464d377451cd5bc18bfb.gif[/IMG]:rolleyes: I do. But on an aggregate level. What he doesn't know is all store's don't pay the same amount for all products. Or there is a heterogeneous vendor mix. You can't have both. I didn't say anything about a gallon of milk. I spefically mentioned the profit margin of major grocery stores. Sudy fragmented markets much? This isn't the first time it will happen, isn't the last. Just maybe you know a bit more about car audio and care more about it, but from an economical and financial point of view, it is nothing new. Here's a couple possible scenarios 1. Car audio manufacturers focus their efforts on products that people can easily and quickly install themselves. 2. Friends, forums, etc are always willing to lend support, help, and advice. 3. The business model will have to change. Some people will go bankrupt. Some people will starve. Some people will modify their plans and get rich. [/QUOTE]
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