- Location
- Huntington
The actual cost of each pump is not just in the materials and production but the day to day running of the business as well. Just like any business, there are other costs involved with bringing a product to market. This is the main reason most businesses fail, people don't realize the other expenses. Companies like Apple are operating on a margin somewhere around 30%, oil companies run at around 9% but it's all relative to the volume they produce with Google being an exception running at over 80% margin. None of these companies eat added expenses or losses, it all gets passed to the consumer. Smaller companies are even more effected by these changes in cost so they have no choice but to pass at least some of it on to the end user.
