All generics are made by some brand-name company, so I just go with the cheapest brand. They don’t compete with themselves, so a vegetable company won’t market canned veggies, but they do make generic soups, to use up their bits and pieces. I DO buy brand-name flour (and Crisco if I’m doing a wedding cake) but that’s the exception to the rule. One of Hubby’s nephews was convinced that Giant Foods had a huge factory someplace and actually made all of the stuff sold under their name – and refused to buy it.
Manufactures often make a higher profit selling the same product as a store brand than their manufacturers brand name. The cost to manufacture an item has fixed cost and variable cost. For example a can of Green Giant peas-variable cost=peas/can/production workers, fixed cost=cannery/management/+. So if Green Giant calculates the variable cost is $.35 per can, then they take total fixed cost/total Green giant cans produced and get $.25 for a total cost of $.60, they then sell Safeway a can for $.75 and make a $.15 profit. If they have excess capacity they can produced the same can with a Safeway label for that same variable cost of $.35 and since fixed cost has already been recovered, sell the can to Safeway for $.65 and make double the profit or $.30. This is why US drug manufactures can sell a drug overseas for 1/10 the price they sell it here is because they recover all their fixed cost here.
Pickled Pete almost 2 years ago
That store is sooo courteous — don’t see many thanking their customers for not shop-lifting!
Pickled Pete almost 2 years ago
Wonder if that would be a brand name balloon, or a generic one…
The dude from FL Premium Member almost 2 years ago
I found the x
ScottHolman almost 2 years ago
Wow a dollar off coupon for a balloon. I’d go for it!
Shirl Summ Premium Member almost 2 years ago
Good lawd, I actually agree with Burl for once.
Dani Rice almost 2 years ago
All generics are made by some brand-name company, so I just go with the cheapest brand. They don’t compete with themselves, so a vegetable company won’t market canned veggies, but they do make generic soups, to use up their bits and pieces. I DO buy brand-name flour (and Crisco if I’m doing a wedding cake) but that’s the exception to the rule. One of Hubby’s nephews was convinced that Giant Foods had a huge factory someplace and actually made all of the stuff sold under their name – and refused to buy it.
InTraining almost 2 years ago
three points for Burl if his crumpled up survey lands in the basket…!
orbenjawell Premium Member almost 2 years ago
….getting that balloon must have been high on their to-do list today……
paranormal almost 2 years ago
Play with them and check both YES boxes…
Gen.Flashman almost 2 years ago
Manufactures often make a higher profit selling the same product as a store brand than their manufacturers brand name. The cost to manufacture an item has fixed cost and variable cost. For example a can of Green Giant peas-variable cost=peas/can/production workers, fixed cost=cannery/management/+. So if Green Giant calculates the variable cost is $.35 per can, then they take total fixed cost/total Green giant cans produced and get $.25 for a total cost of $.60, they then sell Safeway a can for $.75 and make a $.15 profit. If they have excess capacity they can produced the same can with a Safeway label for that same variable cost of $.35 and since fixed cost has already been recovered, sell the can to Safeway for $.65 and make double the profit or $.30. This is why US drug manufactures can sell a drug overseas for 1/10 the price they sell it here is because they recover all their fixed cost here.
Train 1911 almost 2 years ago
Way above their pay raise.