What if… companies had to show their cost to customers?

How would things change in the world if businesses had to put the price they paid for a product right next to the price they charge a customer?

Would you, as a customer, feel okay knowing you’re paying two, three, five, or even ten times more than a retailer paid for that product you are considering buying?

I will let you in on a (not very big) secret: you’re doing that right now, today, in a lot of cases, even if (or perhaps especially because) companies are not required to divulge this information.

On a similar note, do you, as a business owner, operator, or employee, feel like you are working with integrity and decency charging two, three, five, or ten times what you paid for a thing? For those that currently do this in excess, does it feel justified to you? At the end of the day do you feel good about the way this works?

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s