RT2600ac 25% price increase in 12 months?

Forums › LAN (ethernet/Wifi/routers/Bluetooth) › RT2600ac 25% price increase in 12 months?

ktersius

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#279953 18-Nov-2020 18:30

Was going through my PbTech order history and happened to look at the RT2600ac order and existing pricing. Ordered it for $360 Aug 2019. Today it's selling for $451.95. 😱

I remember looking at amazon for the same router and the price was the same at the time so made sense to order local. Amazon still selling them for $360 incl nzd shipping and customs. So why the big leap in cost locally?

Andib

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#2606469 18-Nov-2020 18:37

A global pandemic impacting manufacturing, supply and global freight maybe?

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tdgeek

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#2606470 18-Nov-2020 18:41

Andib: A global pandemic impacting manufacturing, supply and global freight maybe?

Im sure many businesses will be adding margin to cover the pandemic cost, and thats fair enough. While you wont see an item on the P+L report called Pandemic Expenses, they happened and are happening, so fair play.

sbiddle

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#2606479 18-Nov-2020 19:26

There is currently a global pandemic causing massive issues with global supply chains and and significant shortages of stock across huge numbers of industries. As one example if distributors are air freighting stock in the costs of airfreight right now can be up to around 300% more than what they were last year due the massive shortage of global airfreight capacity.

In March we also saw a massive drop in the NZD which hit 56c against the USD in March, and didn't go much above 60c for months - that's an immediate 10-12% increase in the price of goods imported over that time.

Oblivian

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#2606486 18-Nov-2020 20:02

Paul Kelly (well known car sales chain) is now advertising the Covid demand for new vehicles we seemingly had is about to backfire similar to this. As fresh stocks are low and costs about to jump again to import them. To expect significant rises.

News indicated tonight we had ~600 intl flights pre covid a week. Now ~120. With the likes of Air canada gutting 777s and using as freighters to bridge the gap.

Dynamic

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#2606631 19-Nov-2020 09:31

sbiddle:

As one example if distributors are air freighting stock in the costs of airfreight right now can be up to around 300% more than what they were last year due the massive shortage of global airfreight capacity.

We are hearing (secondhand) figures of 4-5x price increases for sea freight, plus 'port congestion charges', and 5-8x increases for air freight. I understand some distributors have worn those increases in the hope they were temporary, but they were soon to be passed on.

We live in interesting times!

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ktersius

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#2606679 19-Nov-2020 09:43

Dynamic:

sbiddle:

As one example if distributors are air freighting stock in the costs of airfreight right now can be up to around 300% more than what they were last year due the massive shortage of global airfreight capacity.

We are hearing (secondhand) figures of 4-5x price increases for sea freight, plus 'port congestion charges', and 5-8x increases for air freight. I understand some distributors have worn those increases in the hope they were temporary, but they were soon to be passed on.

We live in interesting times!

Yeah it's just insane to think that locally resellers are so affected. You'd think that surely if an end customer can buy it at $360 then someone who orders larger volumes should be able to sell it at least for the +- a similar price but Amazon must either have such a massive advantage in term of bulk buying or they are sitting on old stock. Logistically it's all quite interesting and it would have been neat to see a breakdown of what's causing this spike in local prices. As some suggested it might also just be PbTech trying to recover from lost business due to Covid.

surfisup1000

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#2606708 19-Nov-2020 09:55

Some in the finance industry are privately predicting covid related inflationary pressures may put pressure on interest rates. I don't agree myself because unemployment is increasing too, but there you go.

This xmas will be interesting.

For sure, covid is decreasing supply of imported goods, thus prices are increasing.

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#2606718 19-Nov-2020 10:06

The same was true of the Jabra Speak 710 devices. These saw an ENORMOUS surge in popularity, combined with being a great little unit. especially when 2 are connected over bluetooth. These were $270 in April and are now nearly $400, with a stronger dollar in support.

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sbiddle

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#2606739 19-Nov-2020 10:17

ktersius:

Yeah it's just insane to think that locally resellers are so affected. You'd think that surely if an end customer can buy it at $360 then someone who orders larger volumes should be able to sell it at least for the +- a similar price but Amazon must either have such a massive advantage in term of bulk buying or they are sitting on old stock. Logistically it's all quite interesting and it would have been neat to see a breakdown of what's causing this spike in local prices. As some suggested it might also just be PbTech trying to recover from lost business due to Covid.

No it's actually totally logical that local resellers and distributors are affected - their are massive additional costs to them, so those costs have to be passed on.

The spike in local prices over the past 6 months has primarily because of increased shipping costs and huge currency fluctuations.

ktersius

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#2606796 19-Nov-2020 10:48

sbiddle:

ktersius:

Yeah it's just insane to think that locally resellers are so affected. You'd think that surely if an end customer can buy it at $360 then someone who orders larger volumes should be able to sell it at least for the +- a similar price but Amazon must either have such a massive advantage in term of bulk buying or they are sitting on old stock. Logistically it's all quite interesting and it would have been neat to see a breakdown of what's causing this spike in local prices. As some suggested it might also just be PbTech trying to recover from lost business due to Covid.

No it's actually totally logical that local resellers and distributors are affected - their are massive additional costs to them, so those costs have to be passed on.

The spike in local prices over the past 6 months has primarily because of increased shipping costs and huge currency fluctuations.

I'm merely pondering all the parts. Logistics, timing, price recuperation, greed and chance taking etc. At the end one could argue all things are as logical as nature would allow and stating that it's all perfectly logical doesn't really do much for illumination on the matter.