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sidewalkside
LSU Fan
rent free in yo head
Member since Sep 2021
302 posts
 Online 

Are the days of "fair and honest pricing" over?

And before you say that's capitalism or some other snide typical OT response. It seems like everyone is trying to extract maximum $$$ for any product or service. As an example a buddy wanted to install some basic running boards on his rig. The shop told him it would be $600 yet the work wouldn't take more than 30 mins to 1 hour max to complete. He ended up doing it himself in a few hours. The point is it feels like everyone is out to screw everyone as hard as they can these days. Did "big tech" start this with dynamic pricing for everything like airlines, ubers, airbnb etc?


WhoGeaux
New Orleans Saints Fan
Member since Apr 2011
3819 posts

re: Are the days of "fair and honest pricing" over?
Insurance cost are to blame. If you want the best pricing just buy it from companies that don't carry insurance.


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LegendInMyMind
Member since Apr 2019
43317 posts

re: Are the days of "fair and honest pricing" over?
quote:

The shop told him it would be $600 yet the work wouldn't take more than 30 mins to 1 hour max to complete. He ended up doing it himself in a few hours.

Sounds like the market sorted that one out. Your buddy made the decision that his time was worth the effort to do the job. He also learned a bit in doing it. He's a winner in this exchange.


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130
Napoleon
New Orleans Saints Fan
Kenna
Member since Dec 2007
68062 posts

re: Are the days of "fair and honest pricing" over?
Maximize profits. Minimize losses. If the prices are too high the market will correct itself.

Most shop labor is by the book not the actual time. That can suck for sure.


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10
OysterPoBoy
USA Fan
City of St. George
Member since Jul 2013
30627 posts

re: Are the days of "fair and honest pricing" over?
If I need a small job done I just do it myself now. Labor is insane. I just youtube it and go.


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30
LemmyLives
LSU Fan
Texas
Member since Mar 2019
1486 posts
 Online 

re: Are the days of "fair and honest pricing" over?
quote:

maximum $$$ for any product or service


Uh, do you try to make as much money as you can at work?


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sidewalkside
LSU Fan
rent free in yo head
Member since Sep 2021
302 posts
 Online 

re: Are the days of "fair and honest pricing" over?
This is the snide OT type of response I was talking about.
quote:

LemmyLives
Don't be so obtuse.


BawtHouse
Member since Dec 2021
137 posts

re: Are the days of "fair and honest pricing" over?
Enough other people are willing to pay those prices to have someone else do it, obviously. Weigh out your own cost/benefit analysis and proceed as you wish.

Welcome to the business world.


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Marciano1
LSU Fan
Marksville, LA
Member since Jun 2009
17447 posts

re: Are the days of "fair and honest pricing" over?
quote:

Are the days of "fair and honest pricing" over?
It was over when companies realized thousands of idiots were willing to spend $300 on a damn ice chest.


TigerDat
LSU Fan
Member since Aug 2010
7029 posts
 Online 

re: Are the days of "fair and honest pricing" over?
quote:

was over when companies realized thousands of idiots were willing to spend $300 on a damn ice chest



Don't forget the millions spent daily by tik tok moms on every random cup some "influencer" is drinking from.

Every week is a diff one, like holy shite. Why???

Edited to fix a typo
This post was edited on 2/1 at 12:56 pm


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LemmyLives
LSU Fan
Texas
Member since Mar 2019
1486 posts
 Online 

re: Are the days of "fair and honest pricing" over?
quote:

Don't be so obtuse.


It's called being intellectually honest and consistent. Economics has no room for your moral relativism.
This post was edited on 2/1 at 12:31 pm


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