@spicy1 wrote:
I take the client's margin into consideration when I consider a reimbursement only shop. At the Disney store, I'm receiving a $20 item, if I can find something in that price range. However, I'm actually only receiving $9.13 worth of cost to the client. So, will I do a Disney shop for $9.13? I purposefully try and find primarily reimbursement shops. Especially food and grocery shops, as their costs at quite high.
I’m curious how you calculated $9.13?
@Lattegal wrote:
Fee based is different from reimbursement from a client's cost perspective. So a reimbursement needs to be more than the $10 I normally see. Retail is a 3x's mark up so a $10 reimbursement is really $3.
$10 reimbursement is still $10. What you’re referring to is invoice pricing, the price the retailer pays the manufacturer. Let’s talk the Disney Store since it’s mentioned in the OP. Disney is a unique retailer where you’ll NEVER see the same product close to invoice pricing unless you purchase used, stolen or as a majorly clearanced item.... So unless you have the inside scoop on purchasing direct from the manufacturer, it’s hard to look at everything as invoice pricing unless you know the actual invoice pricing and compare to the two. So for the $20 reimbursement for the Disney shops, it’s still shouldn’t be seen as worth $6.
@spicy1 wrote:
One of the tips and tricks from the MSPA to MSC in ways to reduce shopper payment and increase their Client's and the MSC profit margin is to make payment in the form of reimbursement and/or a gift certificate for a future visit. So, yea, I consider everyone's bottom line and my percentage to theirs when considering reimbursement only or reimbursement with a small fee shop.
That’s a weird way to think about pay. My company bills our clients $140 an hour for my consulting services, though I only get a fraction of that, while the rest goes to overhead for the company. Talk about getting screwed by being an employee. Then I think about the clients I work for, where they’re paying around $200M total for my company’s consulting work only to make BILLIONS from our products. It’s crazy how the world works.... and depressing at the same time.
Shopping the Greater Denver Area, Colorado Springs and in-between in Colorado. 33 year old male and willing to travel!