Geekzone: technology news, blogs, forums
Guest
Welcome Guest.
You haven't logged in yet. If you don't have an account you can register now.


1084 posts

Uber Geek
+1 received by user: 372

Subscriber

Topic # 189451 30-Dec-2015 13:28
Send private message

I see that Chrisco's are already starting to advertise for next year and I just wonder why people would use their over inflated prices and schemes.
We shop at countdown and soon as they are available we get a $20 Christmas club voucher every shop we do each week. This bought us $920 by Christmas this year which ment we had a great Christmas shop as well as a couple of weeks of shopping which we used the vouchers for.
You also get a 5% discount on anything you buy with the vouchers as well.

Do you have any plan in place to soften the financial strain over Christmas ??.





Ding Ding Ding Ding Ding : Ice cream man , Ice cream man


View this topic in a long page with up to 500 replies per page Create new topic
 1 | 2 | 3
7685 posts

Uber Geek
+1 received by user: 2531

Subscriber

  Reply # 1459161 30-Dec-2015 17:25
Send private message

we put $7 a week onto the pak'n'save Christmas club card via direct debit, which ends up being $364 every year + in december/jan you get a bonus. we use it to buy Christmas treats etc like christmas ham/turkeys and all those other xmas day/newyears stuff.

painless and you get what you put in.

3030 posts

Uber Geek
+1 received by user: 1505


  Reply # 1459212 30-Dec-2015 18:37
7 people support this post
Send private message

Because some people are suckers for good advertising. Financial literacy and lack of common sense plague many others. We just put money aside in a savings account that way we can shop wherever.




Always be yourself, unless you can be Batman, then always be the Batman



3363 posts

Uber Geek
+1 received by user: 456


  Reply # 1459214 30-Dec-2015 18:42
One person supports this post
Send private message

There's just so many item in the Chrisco hamper now!
It's a cunning business model, hold no stock, get it drop-shipped in close to the date... done deal.
It's low risk, good margin and always expanding from what I can see.

1122 posts

Uber Geek
+1 received by user: 461


  Reply # 1459222 30-Dec-2015 19:04
3 people support this post
Send private message

Dunnersfella: There's just so many item in the Chrisco hamper now!
It's a cunning business model, hold no stock, get it drop-shipped in close to the date... done deal.
It's low risk, good margin and always expanding from what I can see.


Good margin indeed. Enough to build a beautiful mansion, rent it out for $1,000,000 pa when you tire of it, - then watch it become the centre of worldwide media attention during the raid of the century!

1245 posts

Uber Geek
+1 received by user: 137


  Reply # 1459250 30-Dec-2015 19:34
Send private message

I'm not seeing the point , the difficulty to put $6.78 into a personal account every week instead of loaning it to someone else.


I do it for everything recurring in my expenses. At the end of the year, draw it out and go buy those items you wish?

12798 posts

Uber Geek
+1 received by user: 2294

Trusted

  Reply # 1459264 30-Dec-2015 20:15
Send private message

Jase2985: we put $7 a week onto the pak'n'save Christmas club card via direct debit, which ends up being $364 every year + in december/jan you get a bonus. we use it to buy Christmas treats etc like christmas ham/turkeys and all those other xmas day/newyears stuff.

painless and you get what you put in.


Didn't know you can D/D Christmas Club, good plan.

Chrisco

Sell stuff today, and receive payments through the year, then buy the goods later and ship. I guess they charge solid prices as it gets lost in the "deal"
And bulk buy later. Its a good business model, that takes advantage of those who see convenience and a BIG pack of goods. What they don't realise
is the goods in the pack that they would never buy. I think a mates brother who is on a benefit did that for a TV? What was a new TV in Jan, becomes 
a clear stock purchase for Chrisco in Nov. Easy money.

2166 posts

Uber Geek
+1 received by user: 358


  Reply # 1459265 30-Dec-2015 20:31
Send private message

My In-laws used to do Chrisco, they lived week to week so this provided the discipline to ensure that they had all they needed over the christmas break so was worthwhile for them. They bought a PC, laptop, TV over the years also, overall it is not for me but it means people can have things that they could not otherwise "afford"

I'd rather them do Chrisco than those dodgy shop trucks that pry on the poor



14213 posts

Uber Geek
+1 received by user: 1827


  Reply # 1459272 30-Dec-2015 21:02
2 people support this post
Send private message

khull: I'm not seeing the point , the difficulty to put $6.78 into a personal account every week instead of loaning it to someone else.


I do it for everything recurring in my expenses. At the end of the year, draw it out and go buy those items you wish?


Because a large proportion of NZers have no self control, and aren't the sharpest tools in the shed. It is the reason why Kiwisaver was setup, so people couldn't access their savings until national retirement age, otherwise they would spend them now.

3114 posts

Uber Geek
+1 received by user: 946

Trusted
Lifetime subscriber

  Reply # 1459313 30-Dec-2015 22:07
Send private message

I looked at Chrisco once and was horrified at how little you got for the money you put in. I have $30/fortnight go into a secondary account which has a small amount of interest paid each month. Adds up to a nice little sum of money I can use however I like close to Christmas.

Edit: stutter removed.

3245 posts

Uber Geek
+1 received by user: 1765

Lifetime subscriber

  Reply # 1459332 30-Dec-2015 23:44
Send private message

The New World / Pak n Save clubs are a great idea, have just discovered them myself and signed up. (Disclaimer I currently work for a related company)




Information wants to be free. The Net interprets censorship as damage and routes around it.

 

Thinking about signing up to BigPipe? Get $20 credit with my referral link.


14213 posts

Uber Geek
+1 received by user: 1827


  Reply # 1459338 31-Dec-2015 00:26
Send private message



I am surprised Super Markets haven't taken over with their own scheme. For example, Countdown have their own home delivery/ online system, and should have far better buying power, so should be able to offer some really good packages that offer more value for less money.

12695 posts

Uber Geek
+1 received by user: 5980

Trusted

  Reply # 1459379 31-Dec-2015 07:38
2 people support this post
Send private message

At least with Chrisco people are saving. For those with limited financial resources it is a way to give themselves something of a festive season without getting into debt. I saw many who did well with it when I worked in social services.




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

 

 It's our only home, lets clean it up then...

 

Take My Advice, Pull Down Your Pants And Slide On The Ice!

 

 


Glurp
7818 posts

Uber Geek
+1 received by user: 3639

Subscriber

  Reply # 1459404 31-Dec-2015 09:14
One person supports this post
Send private message

The problem with Chrisco is the same as the problem with loan sharks and used car dealers who provide finance and all others who feed off the poor and the unintelligent: It is designed to appeal to those with the least ability to pay and make them pay even more. If it added a few per cent to the normal price, you could say it is offering a convenience service. But when it charges two or three or 10 times the normal market value of the items, then you have to use words like exploitation and rip-off.
 




I reject your reality and substitute my own. - Adam Savage
 


12798 posts

Uber Geek
+1 received by user: 2294

Trusted

  Reply # 1459407 31-Dec-2015 09:24
Send private message

Rikkitic: The problem with Chrisco is the same as the problem with loan sharks and used car dealers who provide finance and all others who feed off the poor and the unintelligent: It is designed to appeal to those with the least ability to pay and make them pay even more. If it added a few per cent to the normal price, you could say it is offering a convenience service. But when it charges two or three or 10 times the normal market value of the items, then you have to use words like exploitation and rip-off.
 


"when it charges two or three or 10 times the normal market value of the items"     Are you sure? Thats quite a statement and if that was the case we would be reading the ComCom article on it.

As I see it they are bound to charge more than what any of us could source at Countdown, The Warehouse, etc. And they get the use of the money. And they probably buy the goods at bulk prices, or in the caase of tech, old stock prices. But I cannot see it being 2X, 3X or 10X market value  

12798 posts

Uber Geek
+1 received by user: 2294

Trusted

  Reply # 1459409 31-Dec-2015 09:29
Send private message

I'd like to see the supermarkets actively market the alternative, their in house schemes. Christmas Clubs are old fashioned, they were just a convenience that wasnt really necessary. Convenient. These days its a need for those on lower incomes to spread the load and actually enjoy Christmas rather than have to endure it. Market it now, add to the Club each grocery visit or have it deducted each payday. Cheaper than Chrisco, you get interest, and you get WHAT YOU WANT, not whats in the pack

 1 | 2 | 3
View this topic in a long page with up to 500 replies per page Create new topic

Twitter »

Follow us to receive Twitter updates when new discussions are posted in our forums:



Follow us to receive Twitter updates when news items and blogs are posted in our frontpage:



Follow us to receive Twitter updates when tech item prices are listed in our price comparison site:





News »

Intel introduces new NUC kits and NUC mini PCs
Posted 16-Aug-2018 11:03


The Warehouse leaps into the AI future with Google
Posted 15-Aug-2018 17:56


Targus set sights on enterprise and consumer growth in New Zealand
Posted 13-Aug-2018 13:47


Huawei to distribute nova 3i in New Zealand
Posted 9-Aug-2018 16:23


Home robot Vector to be available in New Zealand stores
Posted 9-Aug-2018 14:47


Panasonic announces new 2018 OLED TV line up
Posted 7-Aug-2018 16:38


Kordia completes first live 4K TV broadcast
Posted 1-Aug-2018 13:00


Schools get safer and smarter internet with Managed Network Upgrade
Posted 30-Jul-2018 20:01


DNC wants a safer .nz in the coming year
Posted 26-Jul-2018 16:08


Auldhouse becomes an AWS Authorised Training Delivery Partner in New Zealand
Posted 26-Jul-2018 15:55


Rakuten Kobo launches Kobo Clara HD entry level reader
Posted 26-Jul-2018 15:44


Kiwi team reaches semi-finals at the Microsoft Imagine Cup
Posted 26-Jul-2018 15:38


KidsCan App to Help Kiwi Children in Need
Posted 26-Jul-2018 15:32


FUJIFILM announces new high-performance lenses
Posted 24-Jul-2018 14:57


New FUJIFILM XF10 introduces square mode for Instagram sharing
Posted 24-Jul-2018 14:44



Geekzone Live »

Try automatic live updates from Geekzone directly in your browser, without refreshing the page, with Geekzone Live now.



Are you subscribed to our RSS feed? You can download the latest headlines and summaries from our stories directly to your computer or smartphone by using a feed reader.

Alternatively, you can receive a daily email with Geekzone updates.