Everyone wants their company to prosper, but is price gouging the answer? Does this next small job really need enough profit to get you to Aruba..ERR.. I mean pay for your overhead?
I think calling Mr Xs prices gouging is not the correct term, the price was high plain and simple.
Good for him if he can get it and shame on his customers for not price shopping.
IMO and I may be wrong, price gouging is when you charge an inflated price at a time when the consumer has no choice but to say yes.
Other than that, IMO charge what you want, the consumer has a choice to say no.
Is it price gouging when Nike charges $150.00 for sneakers that cost them roughly the same to produce as the $15.00 Walmart sneakers?
In a recent Consumer Reports they showed a home toaster for about $225.00, it ranked low, the best toaster was about $20.
It will still sell as some people like to pay high prices, they think it makes them special.
![[Linked Image]](https://www.electrical-contractor.net/ubb/wink.gif)
Bob
