I was out tonight at Circuit City and Best Buy looking for my third replacement LCD monitor (long story, I’ll tell you about it when it’s over), and I couldn’t help but notice the ridiculous markups on some of the technology items. For example, I was looking at an LG LCD monitor. Newegg sells that monitor for $215 ($200 at the moment with a rebate). Best Buy’s price on that same monitor: $425. That’s a $210 markup!
I can’t believe people waste their money on these overpriced technology items. I’m sure the majority of people don’t even realize that they can find the same exact items online for less. That’s how the stores can get away with such insane markups. The average technology buyer probably just assumes since Best Buy and Circuit City have close to the same prices, all technology stores are prices similarily.
6 Comments
Yeah it’s the same story with my ATA conroller card, $50 @ Best Buy, $5 on newegg…
i know there is a big difference but please you need to compare apples with apples. are they the same SKUs? OEM can make a huge difference. so can discounts, and rebates. but the biggest difference is retail requires a lot more humans and pay more rent, bills, taxes, etc., etc., etc. I saw a video of how New Egg runs in the CA facility and it’s amazingly smooth operation.
online is becoming easier and easier with bigger selections and better prices, but for building a full computer it isn’t the same anymore Dell can make one so much cheaper, and of course you get what you pay for. Dell is pure crap.
I don’t know if the SKUs where identical, but the model number listed on the monitor was identical. The specs listed were the same also.
The local Best Buy hates me. I’ll hang out there for 20 minutes and see all the people about to buy something fancy talking with the store employees and I’ll insert a comment like “DUDE, you can so get that $400 cheaper if you go to .” Oh and I don’t think they forgot the time when I was 5 and started deleting the registry on the showfloor comps, heh. Then they added that demo screen thing but my local Best Buy never put a ctrl+m password so … enough of that story.
man you’re young! 5 you were deleting the registry??? when i was 5 i was playing on an Apple //gs.
That’s one heck of a ripoff.
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