I have a question based on wholesale pricing as I'm seeing very popular items selling just above the MRP.
I wonder why wholesalers price it like this?
For example, lets say video game consoles like PS4, Nintendo Switches, Xbox Ones are priced $299 MRP. The wholesaler would list these consoles at $302.
and based on my observation, people are purchasing these by the lot. I understand the Video Games industry have razor thin margins but it seems as if they are pricing it to completely wipe out the margins.