Torpedo7 prefers Australia over New Zealand?

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Quacko

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#171214 10-Apr-2015 01:32

Has anyone else noticed that Torpedo7 are selling some products at a much cheap price to Australians?

For example, the same snowboard is NZ$330 or AU$270 = NZ$275:
https://www.torpedo7.co.nz/products/3MSBMN5CR/title/m3-men-s-convoy-rockstar-snowboard
http://www.ebay.com.au/itm/M3-Mens-Convoy-Rockstar-Snowboard-/321700661967?pt=LH_DefaultDomain_15&var=&hash=item76e241ef3e

The Vestal Dolby Plastic watch is on "clearance" on the NZ website for NZ$129.99, but its normal price on ebay Australia is AU$69.99 = NZ$70.53

https://www.torpedo7.co.nz/products/V8WTSN3DO/title/vestal-dolby-plastic-watch
http://www.ebay.com.au/itm/VESTAL-Dolby-Plastic-Watch-/321365592435?pt=LH_DefaultDomain_15&hash=item4ad2e1c973

The items ship from the same Torpedo7 warehouse in Hamilton.

What gives?

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#1280119 10-Apr-2015 06:14

Dont buy it, download it :)

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#1280121 10-Apr-2015 06:51

More competition across the ditch

Jase2985

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#1280142 10-Apr-2015 07:38

its the case with a lot of things, clothing for instance at the same retailer is cheaper in AU than in NZ

scuwp

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#1280145 10-Apr-2015 07:46

Quacko: The items ship from the same Torpedo7 warehouse in Hamilton.

Are you sure about that?

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Quacko

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#1280279 10-Apr-2015 10:09

Positive.

Pick any product at http://stores.ebay.com.au/torpedo7australia and you'll see the item ships from "Hamilton, Waikato, NZ"

trig42

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#1280293 10-Apr-2015 10:14

Maybe the prices were set when the AU dollar was at or below 0.90. There are a lot of price disparities now (go look at the Apple store). Adjustments may need to be made (and I think that will mean the Australian price increases rather than the NZ price decreases) if the AU dollar stays low.

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Handsomedan

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#1280314 10-Apr-2015 10:39

GST/ Duty??

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Jase2985

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#1280387 10-Apr-2015 12:12

different markets different prices

look at what we pay for NZ beef, lamb etc, and look how much cheaper is is overseas. go figure.

mattwnz

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#1280417 10-Apr-2015 12:54

Jase2985: different markets different prices

look at what we pay for NZ beef, lamb etc, and look how much cheaper is is overseas. go figure.

Not really comparable, as it is large supermarket chains overseas that have the negioating power to arrange special pricing as they are buying in bulk, and then there are a whole lot of things involved with shipping and storing it safely. They are also often repacking it, so are buying a wholesale product and adding value.
Individual retailers prices should be similar, as they are selling a commodity packaged widget, and are selling to individuals, not a wholesaler. Really the main pricing difference should be the exchange rate. But as the NZ dollar and Ozzie dollar are nearly at parity, their shouldn't be much of a difference these days.

RunningMan

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#1280429 10-Apr-2015 13:09

So buy it from eBay then

Quacko

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#1280496 10-Apr-2015 14:13

I already checked, Torpedo7 won't ship to NZ from their eBay page.

I can understand differences in prices for different retailers in different countries, but this is different. This is the same product, sold from the same warehouse in Hamilton, but at a different price for NZ vs Australia.

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itxtme

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#1280503 10-Apr-2015 14:24

I think your question is a fair one. Hit them up on social media and see what their response is!

snowfly

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#1280504 10-Apr-2015 14:26

Also note that GST in Australia is only 10%, and in NZ its 15%.
So that snowboard in AU would be AUD$245 excl AU GST, and in NZ it would be NZ$286 excl NZ GST.
Convert $245 to NZ using a rate in what a bank would sell you AUD today, and that $245 becomes roughly $254.
So only about NZ$32 difference. Maybe that is to cover an extra overheads for selling to Aus, or just perhaps they need to match prices from other AU retailers? Only T7 would know.

SirHumphreyAppleby

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#1280505 10-Apr-2015 14:32

Quacko: Has anyone else noticed that Torpedo7 are selling some products at a much cheap price to Australians?

For example, the same snowboard is NZ$330 or AU$270 = NZ$275:
https://www.torpedo7.co.nz/products/3MSBMN5CR/title/m3-men-s-convoy-rockstar-snowboard
http://www.ebay.com.au/itm/M3-Mens-Convoy-Rockstar-Snowboard-/321700661967?pt=LH_DefaultDomain_15&var=&hash=item76e241ef3e

What gives?

What gives? Good question. The price difference for the first item, excluding postage, is only $11. Once shipping is factored in (different rates for club members etc), the difference is even less.

It is not unusual for businesses to sell products at a reduced rate via online auction sites. I purchased two laptops a few years ago through TradeMe, at almost half what the same company was selling them in-store for. Many eBay sellers also have their own branded stores with higher prices, and additional shipping charges.

SirHumphreyAppleby

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#1280506 10-Apr-2015 14:33

snowfly: Also note that GST in Australia is only 10%, and in NZ its 15%.

They do not pay GST in Australia, only in New Zealand, and GST is zero-rated for export.

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