Hello all, I recently made a WTB post on an audio forum for some speakers. I got a reply from an authorized dealer (I triple checked) saying they would sell me the speakers I wanted, new, with full warranty, at their net plus shipping and paypal fees. It works out to about 65% of msrp plus shipping/paypal. How is it worth it for them to sell to me for apparently no profit?
My first thoughts were these guys aren't really a dealer, stolen goods, damaged product, etc. but I looked the place up and it actually exists, is an authorized dealer and I can't find anything negative about them at all. I'm stumped. Can it somehow be worth it to just move inventory at nominal profit? Is hifi standard profit margin just gigantic and they're still making some $ at this reduced rate?
edit - The more I think about it I guess that discount isn't as crazy as I thought.
Edited by mrip541 - 3/24/14 at 1:13pm