BudsGunShop.com - Price increase
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Price increase
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So why the $20 price increase? Buds just lost a customer over that.
5 Answers
Best Answer
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02/08/2019 02:13 PM CT by Rick C
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Dale - Bud's prices are based primarily on 'replacement cost' of buying another of the same item from the manufacturer. Here is their explanation of how their prices are set, copied directly from Buds web site: “Our website updates every 20 minutes, 24/7, with our current inventory and replacement cost. We do not price our guns manually based on our cost in each, rather we use a live download from manufacturers and distributors to set our price based on our current replacement cost. As our cost changes, the corresponding website price of each make/model will change up/down accordingly. Although our profit margin remains unchanged, our advertised prices will change frequently, sometimes several times per day.”
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02/08/2019 12:25 PM CT by James G
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That's a shame Dale but, let me explain. Buds prices are tied directly to stock level. As stock levels go down, prices can go up. The opposite is that is prices also go down when stock goes up. This is a standard business model and is not unique to Buds. If you learn Buds stock level game, you can save a lot of $ on firearm purchases. (I just don't want you to leave in haste over a standard business practice Sir). You are a valuable client and I hope this information helps you better decide and save some $ in the future).
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02/08/2019 11:24 AM CT by randy i
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From Buds “Our website updates every 20 minutes, 24/7, with our current inventory and replacement cost. We do not price our guns manually based on our cost in each, rather we use a live download from manufacturers and distributors to set our price based on our current replacement cost. As our cost changes, the corresponding website price of each make/model will change up/down accordingly. Although our profit margin remains unchanged, our advertised prices will change frequently, sometimes several times per day.”
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02/08/2019 06:56 AM CT by Steve P
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You can confirm with Buds customer service (859) 368-0371 9am-9pm mon-fri or use the blue Chat Now button. Please click the green box stating it as the best answer. This will stop unwanted emails. We are rated on our answers and are just volunteers, not Buds employees. You can choose more then one Thank you!
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Hi Dale, Unfortunately Buds uses an automatic inventory price update engine that runs every 20 mins. Prices are tied directly to stock levels and will change as stock numbers change. As inventory numbers go down, prices go up and vice-versa. Usually when popular items get low in stock.