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101 posts

Master Geek


# 160007 19-Dec-2014 20:05
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I have been looking at the purchase of a high end model of a Samsung TV.

Harvey Norman in New Zealand list the model I am looking at (UA55HU9000 55 inch) at NZ $NZ 4,744
Harvey Norman in Australia list it at $AU 3,195 and Google tells me that is $NZ 3,360 today.

What gives?  Is there something I don't understand?  Even with our higher GST there seems to be something out of wack!  That is $1,380 or almost 30% cheaper than their published NZ retail price (and the NZ Tv is on special!!).

Is this caused by Harvey Norman or Samsung - who ever, it's a major rip-off!

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  # 1200778 19-Dec-2014 20:07
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Did you take into account exchange rates between Korea and NZ, Korea and Australia ? Also transport costs, warehousing costs etc etc etc 




Mike
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Master Geek


  # 1200789 19-Dec-2014 20:23
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Thanks guys. You got it one - I am in the process of doing my research. I do believe the "low volume market, distance from Korea" is a tired argument - I'm sure HN could bulk buy for both countries (and probably do) but have decided there is less competition in NZ, hence a greater mark-up.

 
 
 
 


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  # 1200793 19-Dec-2014 20:27
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exchange rates are a legitimate reason. The market here in NZ is very competitive, no retailer can risk mark ups too high.




Mike
Retired IT Manager. 
The views stated in my posts are my personal views and not that of any other organisation.

 

There is no planet B

 

 


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  # 1200794 19-Dec-2014 20:28
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Also just an FYI - i would personally go for the HU8500.

Optimal viewing angle for the curved screen is right infront. also the tvs look weird if you ever wall mount it.

the hu8500 is very similar spec

but being flat - all viewers get the same optimal viewing angle and you tv will look great wall mounted. 

and its a bit cheaper.


-Steve




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  # 1200798 19-Dec-2014 20:36
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I think you should go to Farmers.
They had those Samsung 4k 55" curved screen TV's on sale when I was in there the other day for $3499.


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  # 1200804 19-Dec-2014 20:49
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Or Samsung NZ possibly have a higher operational cost than Samsung AU which is reflected in a higher cost and therefore end price?

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  # 1200805 19-Dec-2014 20:52
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Harvey Norman prices are like Briscoes. They inflate everything so they can make you feel good when there is a sale on or they have "sale" signs up that are significant discounts over their claimed "RRP" which appear on the white stickers.




 
 
 
 


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Uber Geek


  # 1200876 19-Dec-2014 22:51
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Having been away from retail for awhile I am trying to remember the term that is given to the subject being discussed...damm what was it?. Ok i give in be back in a minute "Ok Google?" Ok maybe it was that .. 'Supply and demand" in a way .

When a supplier sets the price for the market, whether its outer Mongolia or Australia they look at the price the market will stand. very little to do with all the BS they tell you But saying it the other way doesn't make them look good. Its a bit like a company saying they are "green" Seriously they don't give a hoot about the planet. but thats another story

But the point is the price point is worked out this way. Say the tv costs what $1000 to land,  so who is going to but the tv? what is there income what can they afford ? what are other tvs being sold at?. All these factors are taken into account including the excuses "oh nZ has a low population" "oh its so far away" "oh the cost of doing business is higher" yadadadada. 

Now with a tv they have more control over the price they can charge, due to a individual cost of shipping (ie the price for you to ship one unit) and that is why ipads etc are similar prices world wide.

Of course none of that really helps you always remember the sticker price from any of the big sellers is a indication only. And when they show the invoice and say "but thats our cost " They are likely to be getting a rebate on total buys.




Is an English Man living in New Zealand. Not a writer, an Observer he says. Graham is a seasoned 'traveler" with his sometimes arrogant, but honest opinion on life. He loves the Internet!.

 

gnfb on trademe

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Ultimate Geek


  # 1200890 19-Dec-2014 23:41
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sbiddle: Harvey Norman prices are like Briscoes. They inflate everything so they can make you feel good when there is a sale on or they have "sale" signs up that are significant discounts over their claimed "RRP" which appear on the white stickers.



HN offered me a one day only special price on a Panasonic 60AS700, but I'd have had to wait a week for stock to come in.   Noel Leaming then undercut HN's one days special price by nearly $300, and had stock right away!   Farmers had a one day only sale with 20% off some big TVs, which looked really enticing.  When I checked, the marked price was easily the highest in town, and the TV I was interested in would still have cost more at Farmers even with the 20% discount. 




Trevor Dennis
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  # 1200894 19-Dec-2014 23:59
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Shop around... or buy a Full HD Led projector with 30,000 hours life and have a 100"+ screen ;-) Although hard to find in NZ, cheap to import though.


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  # 1200931 20-Dec-2014 08:24
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there is no blanket statement of who is more expensive that is true all the time.

everyone has their own price and at a particular day some will be cheaper than others.

every big store inflates their prices.




Involuntary autocorrect in operation on mobile device. Apologies in advance.




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Master Geek


  # 1200940 20-Dec-2014 08:38
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I think you have summed it up very well Gnfb. Especially the comparison with iPads and their portablility being the reason for less difference between countries. There is an NZ website, frontup.co.nz, that highlights a number of differences in pricing between countries - mostly how NZers are disadvantaged.

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  # 1200953 20-Dec-2014 09:40
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KiwiNZ: Did you take into account exchange rates between Korea and NZ, Korea and Australia ? Also transport costs, warehousing costs etc etc etc 


If it's anything like the telecommunications industry I work in  it at all comes via Ozz  and off course there is the %%%  markups between the two 




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Old3eyes


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  # 1200955 20-Dec-2014 09:42
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KiwiNZ: exchange rates are a legitimate reason. The market here in NZ is very competitive, no retailer can risk mark ups too high.


The NZ AU exchange rate  today is  NZ$1 = AU$95c  so exchange rate is not the answer.. 




Regards,

Old3eyes


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  # 1200959 20-Dec-2014 09:59
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The models change so fast isn't it a matter of who is in clearance mode vs introduction. I've been in HN Aus where prices were still up and NZ with less stock had already dropped. The old DSE use to maintain the original price far too long then sell some things really cheap.

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