According to an article in the DailyMail, Gillette Blades cost 5p to make, you pay 2.43 pounds (4,750% mark-up) ... ouch!
Razor heads that cost 5p to make and cost 2.43 pounds
Glad to read they are being investigated for collusion. Wonder if the same holds for SA branch, surely our prices are linked?
Razor heads that cost 5p to make and cost 2.43 pounds
Men are paying over the odds for a clean shave because of a huge mark-up on razor heads.
The products sold by Gillette and other companies cost as little as 5p to make, industry insiders have revealed.
But consumers are charged up to £2.43 a piece - a mark-up of more than 4,750 per cent.
...
A pack of four Fusion Power cartridges costs only 20p to manufacture, plus 8p for packaging. But they are sold for £9.72 - £9.44.
An industry insider said Gillette takes the lion share - £6.28 - to cover its operating costs and make a profit. Some 1.90 pounds goes to the retailer and £1.26 to the Government in VAT.
Glad to read they are being investigated for collusion. Wonder if the same holds for SA branch, surely our prices are linked?