- Report: #178137
Report - Rebuttal - Arbitrate
Complaint Review: SMC,-Specialty Merchandise Corporation
SMC,-Specialty Merchandise Corporation996 Flower Glen Street Simi Valley, California U.S.A.
McSpecialty Merchandise Corporation- SMC, Specialty Merchandise Corporation ripoff - they hide behind FAKE RETAIL PRICES Simi Valley California
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When you go to a Wholesale Distributor and set up an account, you will get a Catalog and a Wholesale Price List. One thing you will notice right away is that the Markup percentage is all over the place. Some are 20 percent, 43 percent, 92 percent and so on. That is because it is based on the Manufacture and the type of items. Different items have different markups on them.
Now lets go to SMC's Products, they are all a whopping 300 percent. Why do you think that is? Any Ideas here? We it's quite simple, they make up the prices, that's like having the Fox watching the Chicken house.
Here is how SMC does it They buy a piece of junk for lets say $1.24 and Kerry Cox, and those other crooks all setting around this big fat table come up with a number they want to sell it to YOU for. Lets say $9.95 so with the magic of a calculator they multiply it by 3 (or 300 percent) and comes out to $29.85. Then they think and say, Well lets round that off to make it look real and they say, OK the Retail Value of this item is now $29.95
Now SMC can say to all its members, WOW, YOU CAN MAKE A 300 PERCENT PROFIT. No body out there can offer you that.
Your right SMC, no body is out there RIPPING everyone off and making up their own numbers and act as though some legitimate company came up with those numbers
So when SMC tries to convince you of their MLM Scams, think again How can all prices have the same percentage of Markup, and ONLY SMC's has this advantage WHY?
What a ?????? Joke!
Saint Kitts and Nevis
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This report was posted on Ripoff Report on 02/25/2006 06:30 PM and is a permanent record located here: http://www.ripoffreport.com/r/SMC-Specialty-Merchandise-Corporation/Simi-Valley-California-93065/McSpecialty-Merchandise-Corporation-SMC-Specialty-Merchandise-Corporation-ripoff-they-178137. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.
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