Cheaper then dirt price gouging

[Buckmark]

"price gouging" is a funny term to me.

If I want to sell you bullets for $10/ea, and the guy down the street wants to sell them for $1/ea, who you going to give business to? 

In the world of Google, it surprises me that this is a "thing".

Because it isn't legal in most states if it is considered an essential item. This is to protect consumers from retailers that exploit a situation where people need to get the basics and there is a limited supply.

I wouldn't care if they were charging a premium but $60 for a box of 9mm is ridiculous. Legal or not it's just lame and I'm not going to support them.

Yeah but this not the same, you have choices of who to by from and choose to buy from them, its not like going to the outdoor concert in the summer where you cant bring in your own bottled water so to stay hydrated you have to purchase bottled water in the venue that is marked up to $10.00 per bottle 

[Dan-o]

Interesting conversation.   

If any of you have have any Google stock that you bought 5 years ago, I will buy it off you and let you make a reasonable rate of return.   Say 6%/year.   

I personally have sold ammo to several members during this crunch.   In each case, I sold at the standard pre-crisis price, just because I wanted to be helpful.   

I don't think I would have been any less ethical to out it for sale at whatever price I could fetch. 

[Caseyd]

Not like it’s bait and switch. If they purchased it they knew they price they were paying.

What if prices never go back down? Possible new regulations that lead to drastic supply shortages....that 60 might be a deal

The whole thing seems like a stretch, but maybe we need it to be considered essential to help protect against ammo regulation.

[konradcountry]

"price gouging" is a funny term to me.

If I want to sell you bullets for $10/ea, and the guy down the street wants to sell them for $1/ea, who you going to give business to? 

In the world of Google, it surprises me that this is a "thing".

Because it isn't legal in most states if it is considered an essential item. This is to protect consumers from retailers that exploit a situation where people need to get the basics and there is a limited supply.

I wouldn't care if they were charging a premium but $60 for a box of 9mm is ridiculous. Legal or not it's just lame and I'm not going to support them.

Yeah but this not the same, you have choices of who to by from and choose to buy from them, its not like going to the outdoor concert in the summer where you cant bring in your own bottled water so to stay hydrated you have to purchase bottled water in the venue that is marked up to $10.00 per bottle 

The law states that you can't charge an exorbitant amount above what it normally sells for during a crisis. It doesn't matter if you can find it elsewhere at a lower price. That would just lead to situation where everyone compares themselves to another competitor that is exploiting the crisis. Well my gas is 500% above what it was a month ago but the other guy is at 400%.

Regardless of the law I think it is lame to charge that much. Charging $10 for a bottle of water at a concert is lame as well.

[konradcountry]

Interesting conversation.   

If any of you have have any Google stock that you bought 5 years ago, I will buy it off you and let you make a reasonable rate of return.   Say 6%/year.   

The state laws only apply to essential items.

It's to prevent retailers from doing stuff like jacking up the price of food or water during a natural disaster like a hurricane. They still make plenty of money and can raise prices all they want on non-essential items.

[Stein]

That and the fact that "something might happen in the future" isn't a crisis.  The price gouging laws exist so people aren't forced to pay high prices for something they can't live without.  That's not what is happening here.  I would be highly surprised if the case made it to court.

Every year about this time there is a hot toy everyone wants to have.  They sell on eBay for 10x what the cost in the store and no lawsuits are filed.

[KFhunter]

Not patronizing an establishment for any or no reason at all,  is just as important of a right as charging whatever you want for a product.


(minus essential items caveats)


No one is asking for government involvement in CTD price gouging.






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[konradcountry]

Well Texas considers ammo to be an essential item and is going after them.

[Platensek-po]

If it’s that essential the government of Texas should make their stockpiles of ammunition available to the public. Otherwise it sounds like basic capitalism. Supply and demand and all that. Crazy to think of Texas being anti capitalism. I have a small stockpile and I practice a lot less during these shortages. As to the business model I will add that word of mouth is the best advertisement and if you treat your customers well they will brag about it to their neighbours. Same deal if you try to take advantage.

[Alchase]

I have to be honest, I have never bought anything from CTD. Every time I have gone there, they were anything  but cheaper than dirt.
I have never found anything, that I could not buy elsewhere cheaper. I am surprised they are still in business.

I don’t know if this lawsuit is the right way to go, but when one company that provides ammo for four or more major ammo names tells us they are bought out through next October, then maybe something should be realigned or thought out differently, if they are the only ones making money off this pandemic/ammo shortage.

Oil companies or go conglomerates make billions by short stocking oil, could that be an example of what is going on in the ammo business?
I would be curious to see what the %  in demand increased has been in 2020?
And if that actually correlates to current supply an demand?

[predatorpro]

If people are buying it then its worth that price....

[Angry Perch]

With supply as limited as it is, do we have any idea what CTD, or Retailer X, is paying for the stuff? When demand far outweighs supply, do the manufacturers jack up prices?

[Shoofly09]

We have a free market economy.    How many retailers sell ammo?   Has to be in the thousands.    If you don't like their price, buy it somewhere else, or don't buy it at all.   Nobody is mandating you buy your ammo from CTD.   

When something is in short supply, the price should go up.   

[grundy53]

Devil's advocate here......fyi I'd give a sleeve of primers away before taking advantage of pricing......but a box of 9mm isn't essential.  You can survive without.  Ammo isn't food, shelter,  medical related.....

I disagree. It can provide you with food, shelter, and medical supplies in an emergency.... as long as they don't pull a gun too 🤣

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[ne kid]

Why not support your local stores? I have never bought ammunition online and think it's time is coming to an end. I'm sure glad I never went to this crazy vortex of a website that forced me to buy ammunition at high prices. Your lack of preparation does not constitute an emergency on anyone else's part.