The Picard Maneuver@lemmy.worldM to Lemmy Shitpost@lemmy.world · 1 day agoPrices are out of controllemmy.worldimagemessage-square122fedilinkarrow-up11arrow-down10
arrow-up11arrow-down1imagePrices are out of controllemmy.worldThe Picard Maneuver@lemmy.worldM to Lemmy Shitpost@lemmy.world · 1 day agomessage-square122fedilink
minus-squareslashasdf@feddit.nllinkfedilinkarrow-up0·23 hours agoYep, it’s very easy and cheap to produce alcohol, the only reason it’s expensive now is due to countries adding high excise taxes and the like to alcoholic drinks
minus-squareUnderpantsWeevil@lemmy.worldlinkfedilinkEnglisharrow-up0·23 hours agoMargins on alcohol sales are fairly high, especially with high rates of industry consolidation over the last decade. Retail alone collects a 20-30% vig on well standard hard liquor, for instance. Distributors can add another 40%. The Gray Goose sticker price of $30 for 750mL includes an excise tax of $2.40 So around 8%, by comparison.
Yep, it’s very easy and cheap to produce alcohol, the only reason it’s expensive now is due to countries adding high excise taxes and the like to alcoholic drinks
Margins on alcohol sales are fairly high, especially with high rates of industry consolidation over the last decade.
Retail alone collects a 20-30% vig on well standard hard liquor, for instance. Distributors can add another 40%.
The Gray Goose sticker price of $30 for 750mL includes an excise tax of $2.40 So around 8%, by comparison.