Wednesday 12 February 2014

Profiteering

  Garden Centres have big overheads. It is hard to make money all the year round and the winter months can be really difficult. That does not excuse a practice I have seen this year which has resulted in unacceptable prices. Taylors Bulbs do a good job supplying most Garden Centres with packets of bulbs. They try to introduce a few new or revamped varieties each year and their point of sales material is always attractive.
  One local Garden Centre is now selling repackaged Taylors bulbs at a much higher price. Other Garden Centres are happy to stick with the Taylors packaging and mark-up. The price this year for many packets of gladioli corms from Taylors is £2.49.  This will give the Garden Centre a profit margin and we are prepared to pay that price. Six different Garden Centres I visited had the same packets with the same prices on. However, the local Garden Centre has repackaged the very same varieties and is selling them for £3.99. That is an ADDITIONAL 60% profit. Gardeners are not stupid and will vote with their feet.