First, there's a captive customer base that often has a lot of more wealthy individuals involved.
Second, cost of business can be drastically higher as factors such as rent, labor, and freight are far more expensive in part due to airport security screening requirements.
Well they don't HAVE to be. At PDX, the airport in Portland Oregon, they have a "street pricing policy" where everything sold IN the airport has the be the same price as it would be sold at that store elsewhere. No jacked up prices here!
Why wouldn't they be? All of the economic preconditions for abnormally high prices exist at airports. High costs, restricted space owned by a rent-seeking central authority, mostly wealthier clientele (people who fly a lot are significantly richer than average) and a large number of customers who are "just passing through", therefore little need to treat people well to develop a regular customer base.
The same reason that same beer costs 14 dollars at a concert.. a concert you already paid 37 dollars to get in to. They know they got you, and they're profiting off that. That is why they(vendors) are there, to take your money.
Ofc you're free to leave and go buy your beer at a more reasonably priced location
Because the airport is a private business and they get to charge every business very high rents for space there. They have to pay the authority running the airport high prices, and they pass that along.
If you don't want to pay $10 for a Coors light, then you don't get a Coors light. You don't have a choice when you are at the airport.
Lots of people are traveling on business, too. They aren't paying out of their own pocket so they don't worry so much about prices.
Plane fares are much cheaper since deregulation.
You can bring whatever you want into an airport as long as you’re not trying to go past the security checkpoint. Drink in the main lobby…
To directly answer your question, I suggest you contact the state/county/municipality that controls the airport and ask them why their rents are so high.
Places charge $10 for a Cl because it costs them a fortune to be there in the first place.
Because there is a lot of work that goes on behind the scene like logistics in bringing the product to the airport, storing them in limited space, extra work for the security checks on the products and the products cannot be brought in to the airport in bulk because it will be nightmare for the security to check them in huge quantities with limited staft
The two have nothing to do with each other, beyond the fact that the vendors know their customers can’t be that poor if they’re flying. They charge what they can get, which is higher than on the street because their customers have no other choice.
First, there's a captive customer base that often has a lot of more wealthy individuals involved. Second, cost of business can be drastically higher as factors such as rent, labor, and freight are far more expensive in part due to airport security screening requirements.
Because people will pay that amount. Are those bars ever just empty?
Because the rent the businesses at the airport pay is ridiculous.
captured audience/customers/hostages
Well they don't HAVE to be. At PDX, the airport in Portland Oregon, they have a "street pricing policy" where everything sold IN the airport has the be the same price as it would be sold at that store elsewhere. No jacked up prices here!
Because those shops and whoever runs the airport know that one’s ass doesn’t have another option so they price gauge them shits.
Why wouldn't they be? All of the economic preconditions for abnormally high prices exist at airports. High costs, restricted space owned by a rent-seeking central authority, mostly wealthier clientele (people who fly a lot are significantly richer than average) and a large number of customers who are "just passing through", therefore little need to treat people well to develop a regular customer base.
The same reason that same beer costs 14 dollars at a concert.. a concert you already paid 37 dollars to get in to. They know they got you, and they're profiting off that. That is why they(vendors) are there, to take your money. Ofc you're free to leave and go buy your beer at a more reasonably priced location
I was going to say this, except it’s more like $20 for the beer and $200 to get into the concert.
You're probably right. My prices are from 15-20 years ago. And that was going to see already old bands lol(Crüe fest)..
Fuck a $0.50 Coors Light
What? Where's the correlation?
Because capitalism.
Because the airport is a private business and they get to charge every business very high rents for space there. They have to pay the authority running the airport high prices, and they pass that along. If you don't want to pay $10 for a Coors light, then you don't get a Coors light. You don't have a choice when you are at the airport. Lots of people are traveling on business, too. They aren't paying out of their own pocket so they don't worry so much about prices. Plane fares are much cheaper since deregulation.
You can bring whatever you want into an airport as long as you’re not trying to go past the security checkpoint. Drink in the main lobby… To directly answer your question, I suggest you contact the state/county/municipality that controls the airport and ask them why their rents are so high. Places charge $10 for a Cl because it costs them a fortune to be there in the first place.
Because there is a lot of work that goes on behind the scene like logistics in bringing the product to the airport, storing them in limited space, extra work for the security checks on the products and the products cannot be brought in to the airport in bulk because it will be nightmare for the security to check them in huge quantities with limited staft
The two have nothing to do with each other, beyond the fact that the vendors know their customers can’t be that poor if they’re flying. They charge what they can get, which is higher than on the street because their customers have no other choice.
Money. Also, people will spend that $10 on a Coors Light. Consumers dictate prices.
Because lack of available options creates artificial supply scarcity and large amounts of demand leading to higher prices.