we have what seems like about 15 mattress stores along one stretch of road, and we also have a store that sells nothing but bar stools. I’ve often thought that about those places…
There was a podcast episode about this. I want to say freakonomics or similar.
Iirc, the margins on mattresses are crazy. People will comparison shop, not realizing that many of the stores are subsidiaries of the same company. Stores often don’t have the exact mattress (different models at different stores making pricing matching impossible) so you’re down to making gut decisions.
The margins might be high, but I can’t imagine there is enough business to justify that many stores. How often do people actually go buy new mattresses?
we have what seems like about 15 mattress stores along one stretch of road, and we also have a store that sells nothing but bar stools. I’ve often thought that about those places…
There was a podcast episode about this. I want to say freakonomics or similar.
Iirc, the margins on mattresses are crazy. People will comparison shop, not realizing that many of the stores are subsidiaries of the same company. Stores often don’t have the exact mattress (different models at different stores making pricing matching impossible) so you’re down to making gut decisions.
The margins might be high, but I can’t imagine there is enough business to justify that many stores. How often do people actually go buy new mattresses?
Once or twice a day
Not as often as the mattress companies want you to, apparently