Posted by
Message
UFownstSECsince1950
Florida Fan
Member since Dec 2009
31657 posts

Law school question
This post was edited on 10/13 at 1:41 pm


jbgleason
LSU Fan
BTR, suck it all you haters
Member since Mar 2012
11019 posts
 Online 

re: Law school question
Their margins must be insane to support a business where people only buy your product every five to seven years.


Packer
Wisconsin Fan
River Ridge
Member since May 2017
2357 posts
 Online 

re: Law school question
I bought a king size mattress from them a couple of years ago from the one in Algiers. Free delivery, no sales tax, and free mattress cover. I don't remember what we paid, but it was cheaper than the queen mattress we had before that. 4 years later and we still have it and it is in great condition


DeafJam73
LSU Fan
Baton Rouge
Member since Sep 2010
11325 posts

re: Law school question
I did. They gave me the wrong matress. 10 kilos of heroin were stuffed inside.


The Mick
LSU Fan
Member since Oct 2010
36994 posts
 Online 

re: Law school question
Mattress shopping is worse than used car shopping.


Replies (0)
Replies (0)
150
chicano12
LSU Fan
Member since Jun 2010
675 posts
 Online 

re: Law school question
You're lucky. I was only given 5.


Replies (0)
Replies (0)
21
facher08
LSU Fan
Baton Rouge
Member since Aug 2011
1221 posts
 Online 

re: Law school question
There was a thread on this when the story broke. I never paid attention to the stores before, but now I look inside every time i drive past one. It's true. I've never seen anyone in there except for a salesman sitting at his desk.


Replies (0)
Replies (0)
50
LaBR4
LSU Fan
Baton Rouge
Member since Sep 2005
34255 posts
 Online 

re: Law school question
quote:

I bought a king size mattress from them a couple of years ago from the one in Algiers


I bet there is cocaine inside your mattress


Replies (0)
Replies (0)
10
NYCAuburn
Auburn Fan
TD Platinum Membership/SECr Sheriff
Member since Feb 2011
48676 posts
 Online 

re: Law school question
quote:

Their margins must be insane to support a business where people only buy your product every five to seven years.


and the fact they have to warehouse and deliver these huge things. Yes margins on mattresses are extreme.


And yes to the op a lot of mattress franchises are used to launder cash


MLCLyons
Member since Nov 2012
2611 posts

re: Law school question
quote:

Their margins must be insane to support a business where people only buy your product every five to seven years.


I just read an article about mattress stores. Mattresses have one of the highest markups of any consumer product: around 80-85%. They barely have to sell any mattresses to run a profit.


Replies (0)
Replies (0)
51
TurkeysAndBees
Member since Jan 2017
651 posts

re: Law school question
quote:

Their margins must be insane to support a business where people only buy your product every five to seven years.


I've wondered about this, too... and I doubt most people even replace mattresses the "recommended" 5 to 7 years ...more like 10 to 20 years in most cases I know of. But I agree that times I've shopped mattress only stores, I can't help but notice I'm usually the only customer, don't see how the could make money, and that something just seems to be strange about the whole business model in general.


Replies (0)
Replies (0)
20
atxfan
LSU Fan
Member since Jul 2004
1728 posts

re: Law school question
Selling mattresses has always been a little bit of a slimy business but they are a legitimate business. I think they had a recent scandal involving some collusion on the real estate end of their business? But, that's separate from their mattress deals.


Replies (0)
Replies (0)
00
TurkeysAndBees
Member since Jan 2017
651 posts

re: Law school question
quote:

....margins on mattresses are extreme... ....a lot of mattress franchises are used to launder cash...


Wow, not going to ask how you know this but mark up would have to be astronomical to keep the business afloat considering the almost non-existent foot traffic plus the microscopic turnover rate compared to the vast majority of retail products.


Replies (0)
Replies (0)
00
ThuperThumpin
Member since Dec 2013
1798 posts

re: Law school question
Im very close to someone who works for Mattress Firm. The past few months have been shitty so maybe they are looking to cut some deals to get sales. The store managers have a lot wiggle room when it comes to pricing and their main goal is not let you walk so negotiate. The beds we bought are very comfortable.

From what I've been told they are actually a decent company to work for as far as how they treat their employees.


idlewatcher
LSU Fan
Houston
Member since Jan 2012
36510 posts
 Online 

re: Law school question
quote:

So not only are they taking several thousand off my cost, but they offer 0% financing for 5 years and I’d pay $40/month if I wanted.


Subtle brag that you can afford a bed?


Replies (0)
Replies (0)
50
LSUsmartass
Pittsburgh Fan
Scompton
Member since Sep 2004
79415 posts
 Online 

re: Law school question
They have wiggle room with icomforts? They wouldn't budge on those for me


Bmath
LSU Fan
LA
Member since Aug 2010
16735 posts

re: Law school question
quote:

Their margins must be insane to support a business where people only buy your product every five to seven years.


Like a car dealership?


Tbobby
USA Fan
Member since Dec 2006
4058 posts

re: Law school question
quote:

every five to seven years.


you kidding?


Replies (0)
Replies (0)
00
ThuperThumpin
Member since Dec 2013
1798 posts

re: Law school question
quote:

They have wiggle room with icomforts? They wouldn't budge on those for me


They can right now. The manufacturer limits their ability on that line but I just asked and was told they are on sale now.


Replies (0)
Replies (0)
00
btown96
LSU Fan
Member since Nov 2009
40 posts

re: Law school question
quote:

I bought a king size mattress from them a couple of years ago from the one in Algiers. Free delivery, no sales tax, and free mattress cover. I don't remember what we paid, but it was cheaper than the queen mattress we had before that. 4 years later and we still have it and it is in great condition


NO SALES TAX?


Replies (0)
Replies (0)
00
first pageprev pagePage 1 of 2next pagelast page

Back to top

logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram