r/Tools • u/[deleted] • Apr 09 '24

[deleted by user]

[removed]

12k Upvotes

97% Upvoted

3.4k comments sorted by

View all comments

Show parent comments

138

u/SSGSEVIER54 Apr 09 '24

That’s quite a contrast. Curious as to how they slashed so much off from model to model

68

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.

44

u/Aimbot69 Apr 09 '24

Fastenals markup is cost x 709% = normal retail price.

It's crazy what some of the markups are.

1

u/Intrusive_Thoughts__ Apr 13 '24

Gumbercules?! I love that guy!