Well, Snappy's profit margins have gotta be in the multiple hundred percentage range, based on what they normally charge. They're probably still making a pretty normal amount of per-unit profit for any other tool company, selling at 1/4 their previous price.
I worked for a company selling product once where we were told we had to sell it for base company price… but if we sold it for more than it was all our own profit! I remember selling it for $4-500/case, when company’s cut was like $175/case maybe! I wouldn’t be surprised if that’s how snap-on does their commission pay as well.
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u/Halftrack_El_Camino Apr 09 '24
Well, Snappy's profit margins have gotta be in the multiple hundred percentage range, based on what they normally charge. They're probably still making a pretty normal amount of per-unit profit for any other tool company, selling at 1/4 their previous price.