You can bet that there's good margin in it if Macy's (those whores) are in on it, even in the face of multiple hi profile competitors.
Full disclosure: I'm a bitter former employee.
Full disclosure: I'm a bitter former employee.
Mattresses, not stereos is where the money is
Beds can be like audio in that there’s that markup to deal with but what goes for an audio deal can be done with beds. Like my Kinki Studio EX-M1 integrated, my Nectar foam mattress is made in China. I researched the hell out of both of them and like the savings one gets with the Kinki, the Nectar set me back a mere $700 for a queen mattress. Online reviews say it’s the closest thing to a Tempurpedic and I can attest to that since my sister got one a month before I got my Nectar. The best thing is, the Nectar comes with a lifetime warranty. Should I ever grow to hate it, they’ll come pick it up with a full refund, no questions asked. I’ve never slept better and all it took was some good old fashioned gumshoe work, like I do with my audio purchases. And like with audio, some of the reviewers knocked the Nectar since it was made in China, so there’s that other aspect one can attribute to both: the xenophobia. All the best, Nonoise |
Here ya go big spender!! https://www.bing.com/videos/search?q=duxiana&view=detail&mid=7F35C419E1010162E8797F35C419E10... |
The mattress people make it almost impossible to comparison shop. They change the name of the models depending upon the store that's selling them. The manufacturer's name stays the same, but the name of the model changes. What you see at the mattress store is the same mattress you see at Macy's ... just different labels. Frank |
"The mattress people make it almost impossible to comparison shop. They change the name of the models depending upon the store that's selling them. The manufacturer's name stays the same, but the name of the model changes. What you see at the mattress store is the same mattress you see at Macy's ... just different labels. " That is the most frustrating part of mattress shopping. Also,testing a mattress out in the store is kind of like trying audio equipment in a room other than your own, it's too hard to tell how you're going to like it long term. We ended up buying a latex foam mattress from a local manufacturer with a great reputation. |
If two mattresses measure the same, will they also sleep the same?You can never state so until extensive, double blind tests are conducted. And since you can’t rely on long term sleep memory, quick sleep testing has to be done without the knowledge of the participants, who must be moved from bed to bed as quickly as possible ( or just raise, jostled and replaced on the same mattress). Only then, after all the data is compiled, can one state which mattress is better than the other, or, just the same as any other, well made mattress. All the best, Nonoise |
I know the average retail markup for stereo gear is around 45%. What must the mark up be for mattress stores to stay open with this much competition? 90%? Ha! Not even close! High end stereo gear is an easy double. Which I know from years of buying from a friend in the business. Never paid more than about 60% of retail. Even at that he was making a profit. In other words usually he would double it, but for me only marked it up 10%. Very common. Please note the difference between markup and margin. Markup is cost to sale price. Margin includes all other costs. Margin in high end might only be around 5%. Same applies to mattresses. Only more so. Something I researched extensively because back when I was poor and needy I was not about to pay for what looked like frills. Which in the case of matteress it literally is frills. So here’s the deal, as shown to me by the owner of Everrest Mattress in Seattle, WA. Mattresses are such a commodity with such thin margins that all the springs in all the mattresses all across the whole western US are made by the same one or two manufacturers. Same goes for all the foam and fabric. These three things- springs, foam, fabric- that’s a mattress. Basically this guy wanted to sell a mattress, saw a guy (me) ready to pay a lot more for a Sealey (or whatever) and so took the time to walk me around his warehouse which made it excruciatingly clear to me that all these high end mattresses no matter how expensive are all the same damn thing. The fabric on the outside changes. The places they put foam changes. But really what changes the most is the advertising. This is how they add $1k or more to what is really a $350 mattress. The markup is not 90%. Its more like 200%. Spendy mattress, full price, maybe 300%. That’s the markup. Which might even be low. Margin on the other hand includes all costs- massive advertising, killer sales commissions, retail floor space, warehousing, transportation and delivery- these all add up resulting in a bottom line margin that’s actually pretty thin. |
Funny, just a month or two ago we drove around to test Purple, Tempurpedic, Sleep Number, and whatever other new bed technology is out there... Conclusion: We went with a traditional Sterns & Foster. Super happy with it. All the others felt too gimicky and not as comfortable as old school mattresses. |
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@whitestix , Although the Nectar mattress is sold online, there are some stores that carry them. On the Nectar site, look for the "stores" section at the top of the website. I was lucky enough to find a mattress store not 5 minutes from where I live. Also, I noticed there's a Black Friday $100 off on the already $100 off that they advertise. When I bought mine, the retailer even honored the online discount codes that the review sites use. You may even get more of a discount. All the best, Nonoise |
...I’m just concerned about a mattress named ’Kinki’.... What sort of ....*ah*, ’attachments’ are available, shown in the ’back room’? "This is GUARANTEED to make you sleep soundly....*salacious wink* You’ll be too exhausted to stay awake from all the tossing and turning you’ve already done....:" Enjoy, Erik. ;) |
...just be concerned about proper 'fail safes' being in place... Unlike Uber....who discovered their self-driving cars don't 'see' jaywalkers....or 'brake late' when approaching an existing accident... ....and jetliners diving out of the sky... ....close-approach asteroids, unseen until....*POW*.... The Future. Live It...or Live With It. |
We have the Original Mattress Factory in Cleveland, Columbus, Cincinnati, Pittsburgh and I believe they have stores in North Carolina and Georgia too. By far the highest quality for reasonable price that I've ever seen in a mattress. No, I do not work for them. They make two sided mattresses that you have to occasionally flip, but they are very heavy and extremely well made and will last 20 years. You can buy an $800 queen mattress that easily compares to a Stearns and Foster mattress costing $2200. My point is that the Original Mattress Factory cannot be marking up prices very much but they are winning due to high quality and word of mouth. |