Came across an interesting read from MSN Money today about products that are obviously overpriced and yet, we as consumers still buy them. Some main quotes taken from the article:
1. Movie popcorn
Average markup of movie theater popcorn is a whopping 1,275%.
2. Greeting Cards
The markup is between 100% and 200%.
3. College textbooks
College textbook prices have skyrocketed 186% since 1986, and these expensive volumes of knowledge now account for 26% of the overall cost of college.
4. Bottled water
45% of bottled water comes from minicipal taps.
5. Printer ink
At $30, a 42-milliliter cartridge of black printer ink comes out to 70 cents per milliliter. On the other hand, the Red Cross charges $200 for 500 milliliters of blood, which comes out to 40 cents per milliliter.
6. Brand-name fashion
Often marked up 500% to 1,000%.