Compression tap connector 15mm x 1/2".
Bought one in TP t'other day £4:05.
Screwfix want £3:19, same & Wickes.
Bearing in mind a 15mm compression elbow is £0:69, £0:75 respectively and I dont see a great difference in manufacturing cost.
In fact you can buy a flexible 15mm x ½" x 300mm tap connector for £:99 from Screwfix.
Whats the deal here?
In message , The Medway Handyman wrote
sales ratio 10000:1 elbows:tapconnector
Because they are priced at a point that people are willing to pay because it reduces installation time.
BES part 17643: 93p+VAT
Neither of yours are plumbers merchants.
£3.19 ?????
Srewfix 18511, Tap Connector Compression Fit 15mm x 1/2" - £1.39 inc. VAT.
In message , Andy Hall writes
10 x 15mm push fit elbows around £6 at the local Trade Depot, exactly the same elbows around £24 at the local Homebase, astonishing difference.
I was an agent for a company that sold the flexible tap connectors to B&Q Etc and the price to them was, wait for it? =A30.31. The current price of a 15 x 1/2" x 300long is about 78p to the trade. They are ripping everyone off.
No they are not ripping everyone off, they are making a sensible margin on sale considering their overheads.
The discussion here is about £2.50 even at the highest retail price.
It costs more than that to visit the store and considerably more if one considers the time saved or not.
If you don't want to buy the fitting then don't, but don't whinge about the pricing because you weren't able to secur a better selling price for your company. That reflects on your ability to establish value, not the ability of the channel to sell the product
B&Q were buying Chinese Hoses at =A3.31 and selling them for =A34.50 at one time. I suppose you are right. A profit on cost of 1351% is a sensible margin! You must be a Plumbers Merchant.
They were selling them for what people were prepared to pay. What B&Q paid for them wholesale is irrelevant.
It's really simple.
Do you want the bloody thing or not?
If you make up the connection from bits (cost X) plus time (cost Y), if that costs more than the hose (cost Z) it makes sense to buy Z.
It's completely irrelevant what Z cost to make. If you don't want it, don't buy it.
In a better market, I would suggest buying Kingfisher shares and recouping that way. However, for the moment the story is a saving of time and of convenience. That is what DIY stores are all about anyway. The purpose is not lowest price but lowest *economic* price.
The two are not the same. If you want "cheap" then buy "cheap" but expect to spend a lot more in terms of time. If you don't cost your time then it doesn't matter.
It does not take very much thought to realise that the person who puts the hose on display at B&Q is probably paid rather more for (even at minimum wage) than the person who assembled it in China.
I have no idea how B&Q manages its cash flow, but the 1/3 rule is probably not far off. 1/3 for the goods, 1/3 for the staff and 1/3 for the buildings. Plumbing and electrical fittings are high margin items for the store because people are prepared to pay the price they ask. Why?
1) They don't want to take time off their paid work to visit another cheaper store when they are open. 2) They are not 100% sure of what they want so seeing all the products on display helps. 3) They don't have enough to order in one go to spread out the delivery cost of using internet/mail ordering. 4) They are likely to be doing a job that will cost a great deal more to have done professionally.B&Q is open on a Sunday and evenings, overheads which real PMs don't have.
If you're like me and don't want to pay B&Q prices then you'll order from Screwfix (same group as B&Q!) and pay lower prices (but you need to be buying £50 at a time). Or I'll buy a flexible from a real merchant when I buy other things. That way the extra time and travel is tiny provided I really needed to visit the merchant.
Quoting the ratio between the selling and (bulk) buying price looks extreme. However I suspect that if you wanted to get at the 31p flexible hoses you'll find that you can only get them per container load and the buyer collects from the docks.
Whcih could well be *their dock* (IE Loading bay) in Ching Chong Sheng Zhong-Flywheel*-Zhaou.
*Because I, like the Marks brothers, don't want to get sued by a manufacturer of pipe fittings in Ching Chong Sheng Zhong-Zhaou.DG
Does that come with chip or fly li?
I refer to this manufacturer (Manual non existent or scamble engleesh) and no backup after sales or technical support as F*ok Yu.
Ho Lee F*ok !
DG
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