ambale:


I can see you've never tried a business or trade all your life

How many retailers fit buy directly from manufacturers?

Una even do economics for school at all?

Na from direct manufacturers everyone dey buy from, I give up on your mumuness sha

Mr Economist wey study economy for school, did you care to look at the huge price difference? That's the crux of the matter, not the differences. Olodo Economist

poseidon12:


Why don't you seize the opportunity and open a retail shop, undercut the "greedy retailers" by selling much lower and make a killing.

Boring and silly response.

easzypeaszy:
Ur thinking poor infact I wl score ur IQ 103 against the standard 180.
I hv stop wasting my time to buy anytin frm ppl lik u or ur parents dat sells in the area.

If you had any IQ in this your useless head you will know that the standard IQ can never been 180...To put it in context Albert Einstein one of the smartest men ever had an IQ of 160 ..The average IQ in Nigeria is 65 and that's why a slowpoke like you can never understand what I say because we don't operate in the same brain spectrum

EBEk101:


This is the dumbest comment ever.
so retailers are supposed to add whatever refreshments they took to the cost of their goods ?
You should have said they should as well add all their family members bills to whatever they sell

You are too dull for me ...Did I say the retailer should add refreshment..The idiot should continue sending his wife to tradefair

cucumbar:
is making N2000 on a carton of indomie too much profit?

2k on cartoon of Indomie no be much? Make una fear God o. Do you know that Indomie is a fast moving consumer good? You don't need to make 2k as profit on a single cartoon. It's called rip off. 500 naira at most since you are selling lots of it on daily basis.

mimijane:
Are u trying to tell me retailers should not make their gain?
If u are a business person,u will understand better.
How will a business person buy from a wholesale,for instance 1000 and still sell it 1000.wont the retailers add his or her gain,do u want to rip the person off business.
If u cannot afford want they sell ,then buy ur things u use in ur house in bulk from a wholesaler,simple.....

The sermon is: let's be considerate with how much profits we're making from the sales of each item.

Father4all:
Go and open your own shop oga

SmartMen:


You are a mor00on who lacks basic economics knowledge. You are also selfish. So they should sell it to you at how much?

nA YOUR urine dem go use pay shop, take care of their kids lives and needs, pay house rent, and all?

The problem is that when people like you finally see how retailers have been ripping you off, you won't be able to come back here to narrate your experience. If una like, continue paying 2k for an item whose price is now around 1.2k.
Una no see the price of cement now? No be the same economic factors responsible for their prices increase?

Tenshades:


Rice wey dey sell for 57k for same Lagos?

You are one of the problems.

can I get a METRIC 50kg from same price at that your place??

odimbannamdi:


You did not save 24k bro.

You are making a common mistake people do when they calculate their cost savings.

What is the opportunity cost of your time? The time you and your wife used in processing the cassava into garri could have been used for another activity that could make you more than that 24k. If you have a job that paid you 500k per month, for example, calculate how much your earning would be per hour and multiply it by the total hours you spent processing the garri to know how much the value of the time you spent processing the garri is.

Now talk about the water and other consumables you would use in the process as well.

I am not encouraging you to buy the garri from the retailer at an exorbitant price o...I just want you to do your calculations well and correctly determine whether you actually saving money

Lol. Like they were using that time to make additional 24k when they were not processing cassava to make garri? . Una just like all this phantom reasoning ways. Like people don't have extra time to do what they like except chasing money up and down. Life is too short to be allocating every available time you've got to chase money around.
Processing cassava and making garri is another time well spent on a productive activity. May be their kids even observed and learnt something valuable in the course of doing that

mamaafrik:
can I get a METRIC 50kg from same price at that your place??

58k in Osogbo three days ago.

Saviola86:


Mr man keep quiet.

Since you know the secret and source of their goods, you and your wife she venture into the business let's see how long you will last.

slowpoke we work for our money and won't let rippers like you keep extorting us.

Same dingbat like you will go to hospital crying drugs are too expensive.....why not open your own pharmacy??

Can you see our shallow you reason with that talk of we should open a store??

I will keep sending my wife to trade fare to buy and you free to jump in the nearest lagoon.

maasoap:

58k in Osogbo three days ago.

Is oshogbo and lagos the same thing??
Gimme the contact of the Lagos contact where you got yours you can't.

I hope you can see that I am not part of the problem.
you are actually
the one saying things that you cannot validate basing you talk on mere speculations and rumors around.
Stop being a Joke,next time get your facts right.

mamaafrik:

Is oshogbo and lagos the same thing??
Gimme the contact of the Lagos contact where you got yours you can't.

I hope you can see that I am not part of the problem.
you are actually
the one saying things that you cannot validate basing you talk on mere speculations and rumors around.
Stop being a Joke,next time get your facts right.

We are telling you what is already happening. You are there calling it ''mere speculations''

You are the joke here.

maasoap:



The problem is that when people like you finally see how retailers have been ripping you off, you won't be able to come back here to narrate your experience. If una like, continue paying 2k for an item whose price is now around 1.2k.
Una no see the price of cement now? No be the same economic factors responsible for their prices increase?

You didn't answer my question. Na your urine dem go use pay house rent, Shop rent, pay children's school fees, buy food, pay health needs, transportation, Light bills?

Nobody is stopping you from starting your retail where you can sell kobo kobo as you wish. It is a free world.

Selfish pricckk

maasoap:


And people who are opening threads didn't have money but are begging you for money? Having money doesn't mean you shouldn't speak up when you ought to.

Keep speaking up bro if that will make you guys feel good

You want to recup all the transport cost from one item abi?

SalamRushdie:
So the goods will fly magically from trade fair to your house? Add you wife's transport to and fro , her refreshments at trade Fair and then you will will understand

Tenshades:


We are telling you what is already happening. You are there calling it ''mere speculations''

You are the joke here.

You can't give a proof of the said 57k per metric 50k.g ask yourself if you have a point.

Intelligent people don't just open mouth to talk,think before you do.

mamaafrik:

If you can't give a proof of what you are saying as required and nor beer parlour cho.....cho...chooo then you don't have a point

I can't give proof to someone like you because you will eventually buy at that 57k per 50kg and resell to people at your usual 67k per 50kg.

I don't help extortionists, not sorry!

mamaafrik:

You can't give a proof of the said 57k per metric 50k.g ask yourself if you have a point.

Intelligent people don't just open mouth to talk,think before you do.

Oh, you modified your sloppy comment.

One piece of advice I'd give you is that you should enter Lagos market and locate the price yourself.

I'm not the cause of your misfortune.

maasoap:



The problem is that when people like you finally see how retailers have been ripping you off, you won't be able to come back here to narrate your experience. If una like, continue paying 2k for an item whose price is now around 1.2k.
Una no see the price of cement now? No be the same economic factors responsible for their prices increase?

not like that oo. You forgot they too will pay transportation to the market to buy the goods, and also be for transportation to convey it back home

Pecoleee345:

slowpoke we work for our money and won't let rippers like you keep extorting us.

Same dingbat like you will go to hospital crying drugs are too expensive.....why not open your own pharmacy??

Can you see our shallow you reason with that talk of we should open a store??

I will keep sending my wife to trade fare to buy and you free to jump in the nearest lagoon.

When a broke man talks u know.

I am done with you wretched soul

Saviola86:


When a broke man talks u know.

I am done with you wretched soul

Broke man ?

I run my own house and feeding my family......a slowpoke still staying with his parent is calling me broke..lol

Faceless forum sha.

Just one useless unthinkable careless statement " Subsidy is gone" brought us to where are now .. APC is curse

SalamRushdie:
So the goods will fly magically from trade fair to your house? Add you wife's transport to and fro , her refreshments at trade Fair and then you will will understand

u still didn't make any sense..

Pecoleee345:
People are wicked in this country.

Greed will finish us in this country.

Go to trade fare and see how street retailers are ripping us off big time.

My wife bought her body cream CT+ at the rate 2100 at trade fare yesterday while in our area retailers are selling it for 3700.

Kk brothers soap my wife bought the pack for 7k(6pieces) while one is sold for 1700 by retailers.

Her sanitary pad she bought 1 pack at the rate of 1050 while retailers sell for 1700.

Even strike bitters sachet pack(20 pieces) wey I dey always use console myself i buy for 2000 she got it for 1450.

Note she didn't even buy at carton price but at pack price because if she was buying in carton the price would be lower that than.


Just yesterday I bought a derica of rice on my way back home for 900 around oshodi terminal while the seller in my street is still selling for 1300 despite price of bag of rice coming down.

We are own problem.......everyone is wicked in this country.

why are you crying,dey go tradefair go buy na

Pecoleee345:


Broke man ?

I run my own house and feeding my family......a slowpoke still staying with his parent is calling me broke..lol

Faceless forum sha.

shatap

ezekuche:
u still didn't make any sense..

Oga send your wife to trade fair and leave me alone

pocohantas:
OP don't mind those people attacking you.

I had this vendor I buy jewelry from.
Earrings for 6k, 7k. All for me to find a wholesaler. Same earring was N1200 retail price (not wholesale o). Meaning the vendor was making a whooping N4800 per earring and she is always sold out.

When they want to go to these markets (Balogun and TradeFair), they will wear nosemasks, make their online customers no recognise them. Then they will claim to be importing. Who give them money to import? You know what it costs to import from China? Where MOQ is like 1000 pieces of each design? No mixing.

I was so angry I blocked that 6/7k reseller.
Now I see how they buy Benz. Imagine making almost 5k profit on each earring.

The only problem is that the wholesalers in these markets have poor online presence. They are too busy with physical orders to bother with online buyers.

Same with the rip off my laptop seller almost did recently. See ehn, retailers are something else.

Online vendor make mad profit, you can't compare them to street shop owners. Moreover the op voted for Buhari twice and then Tinubu, he killed us all first.

It's not too much but considering what they are selling and the quantity a buyer would need for a serving then it's too much. From the buyers perspective

cucumbar:
is making N2000 on a carton of indomie too much profit?

Father4all:
not like that oo. You forgot they too will pay transportation to the market to buy the goods, and also be for transportation to convey it back home

I equally forgot that they were spending on transportation before the price hike

SUPERPACK:
Why not close your shop and go look for job since it is not profitable being a retailer?

From my shop alone I would have been bankrupt. I have two remote IT jobs that paid in USD reason why the biz hasn’t closed up.
So I am talking from experience not hearsay

Pecoleee345:

See one them......wicked humans

Those selling in trade fare are aliens?? They are not suffering hardship??

How can you buy something for 2100 and want to sell for 3700??

We buying are plucking money from trees

go to market and set up your own store and stop making noise