So new 360 60Gb sku to sell at $299

[Retrasado]

superchunk said:

Euphoria14 said:

^You are right. People think MSRP always means you charge what you wish, but this is not always the case.

Items such as Ipods, *Some* computers, *Some* Televisions, Gaming consoles, etc... have "contracted prices". This is also the reasoning why employees never see discounts on these products. Retailers sell these for what they paid pretty much, their money comes from the games and accessories.

I learned this at Bestbuy.

Very true. As someone who worked for over 10years as a commissioned salesperson at Sears and then Circuit City, I can tell you that there are many items that the retailer has absolutely no choice when it comes to its price.

@CC as an example, Bose and Polk Audio never get any type of sale or discount unless it is from the manufacturer. This is also how Apple works and I'm sure it is how all of the console manufacturers work.

If you still are unsure how this works, next time you see a store wide event, like 10% off everything, from any retailer, read the fine print. You will see a list of products the sale does not apply to, those are the products they are not allowed to adjust the price on.

while that's no doubt the case (I've never worked in retail so I'm taking your word for it), I can't imagine any company  going after Target for selling their product under price. It's too much of a potential sales loss if the company retaliates. (picture if Walmart decided to stop selling Xbox 360 consoles.) I'm not saying that's the case because I really don't know, but I can't imagine wth Microsoft would care if Target wants to take a loss on selling the consoles. MS already has their dough.