LG Outdoors Price Gouging

[MSURunner]

Not to say that I appreciate paying more for something, but retail businesses also rely on sales to pay the wages of their employees. If they have no product to sell, they very quickly go out of business as people find new sources for whatever goods they are looking for. Simply saying they are raising prices to try to make a quick buck isn't necessarily fair. Knowing a place may have that hard to find powder, even if it is more expensive, is a valuable thing in the grand scheme of things.

 

[Seabeeken]

Fedarm site wants $1700+ for 5000 LRP

 

[RCMSTER]

I quit buying at LG OUTDOORS a long time ago. Their shipping is/was stupid high. Same with wholesale hunter. They can kiss my grits. They'll not make one more penny off of me.

 

[RCMSTER]

This is microeconomics 101. If more retailers would raise their prices to the point of equilibrium, the market would stabilize much more quickly.

Huh?

 

[Mike Matteson]

I would be hard press thinking that people are living hand to mouth in reloading. If they are then that stupid. If changing reloading habits and going to other products for reloading then that another story, but that's life. Like me I am adding some different powders and primers to my items that I going to use. So I will have to wait until they are available to purchase them. ( I got my wish lists going too). To pay to much is not to smart I feel. I am surprised that people are planning hunting trips, and don't have rifles already that can fill the gap already. I know that people ask me if I quick ship items No I don't, I can wait. Be in such a hurry in my estimation isn't to smart. I use to drive a 100 miles just to get some reloading products at age 16. I didn't have much money at that time either. So I had to make it count for the trip. So to load a couple hundred rounds would be about $15.00 or little less. That was a lot of money to me back them. The bottom line is, I had to plan ahead to be able to purchase the items. I see it here that people are paying $100.00 per lbs of powder. You can't live without?

 

[Pro2A]

You can't do anything about the fact that there are a ton of people willing to pay a lot more for components than most people. The only thing that will stop this scramble is a decrease in demand (nothing anyone here can do about that at a macro level) or an increase in supply...also not something anyone here can do anything about.

Scalpers are not the ones driving this - it is the people willing to pay $100/lb. If people were willing to pay only MSRP then the scalpers would be out of business. As long as people are willing to pay a huge premium there will be scalpers.

There are many successful individuals for whom money is an irrelevant, renewable resource.........significantly more so than non-replenishable heartbeats and enjoyment of chosen pursuits attainable through their hard earned success......supply - demand - willingness and ability to pay.

 

[Rick Richard]

Went into a local gun and pawn shop yesterday and was suprised to see Varget on the shelf. The reason it was there was they were selling 1 pound for $90 Bucks. I walked out and never will go back there.

 

[Mikecr]

This is microeconomics 101. If more retailers would raise their prices to the point of equilibrium, the market would stabilize much more quickly.

I think I understand what your saying, that demand can be equalized to supply -through pricing.
But this kind of market stability is not a desirable goal, nor 'good' for us.

In my life I've seen goods & services slide into commodity condition, and prices adjusted as you suggest (like truck & hotel prices in the 80s).
But I've yet to see a driver to turn it back around. The business model changes end up as permanent and priced fixed at commodity levels.

Hotels rooms for example; early 1980s, average price was around $60. Something happened and overnight the prices jumped to $90 -everywhere.
Add another $20 per decade since, even while big profit drove big numbers of new hotels -everywhere.
Notice the parking lots of these hotels are rarely half full. They don't actually want more customers at all.
New business model -> fill hotels at gouged pricing during festivals, etc., reduce employees and services and barely run between high profit events.
Their profit is now based on commodity condition (what apparently built the business model to begin).
While this leads to more millionaires and billionaires, it's bad for Americans otherwise.

If prices are accepted higher, they WILL stay higher, as business adjusts to it.

 

[cape cove]

If prices are accepted higher, they WILL stay higher, as business adjusts to it.

Very true. There was a documentary on TV here in Canada a few years ago on why prices were higher here than in the US excluding the $ exchange. The conclusion was because people here just accepted the higher prices and as long as this takes place they would remain higher

 

[Deleted member 115360]

Very true. There was a documentary on TV here in Canada a few years ago on why prices were higher here than in the US excluding the $ exchange. The conclusion was because people here just accepted the higher prices and as long as this takes place they would remain higher

Just like they accepted socialism A?

 

[baggy270]

Just like they accepted socialism A?

No that's getting forced on us by Trudope and those idiots in the cities that keep voting for him HUH!

 

[motrapper]

The funny thing it was Only Hodgdon Accurate and Alliant were are in the 25 to 40 per pound was wondering if was a Typo???

 

[cape cove]

Just like they accepted socialism A?

Not much of a difference between Biden and Trudeau

 

[Deleted member 115360]

Not much of a difference between Biden and Trudeau

None, except Trudeau is prettier. Biden is a reanimated corpse.