Lets hope retailers start playing by the rules a bit better, I know of more than 1 IT retailer that falls into the "Exaggerated discounts" area
http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=11853710
Lets hope retailers start playing by the rules a bit better, I know of more than 1 IT retailer that falls into the "Exaggerated discounts" area
http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=11853710
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But what will the Briscoes lady do for a job if she can't advertise their best ever sale every week.....
I have been concerned about this for a while myself, and did contact them about one retailer recently. But I have noticed it elsewhere too. Didn't hear anything back, but maybe they are using my example in support of the other concerns they have had. More people though do need to report things they see, as at the end of the day, it isn't good for consumers. Personally I would prefer to see lower everyday pricing, rather than 'sale' rotations.
Here is an example
1 retailer saying RRP for an on sale item is $120.20 excluding gst
http://www.aquilatech.co.nz/productDetail.asp?idProduct=NETXCL1002
Another retailer saying its $128.99 excluding gst
https://www.pbtech.co.nz/product/NETXCL1002/Xclaim-Indoor-Single-Band-24GHz--5GHz-Selectable-8
Although the RRP could have changed between when two companies uploaded the product.
Another one that I have seen recently, is a NZ company advertising 'best prices'. But then discovering that their prices were more than the RRP of the manufacturer, and were double that of another NZ retailer. Best prices to me, means the lowest price.
The word 'sale' just makes me roll my eyes these days. Don't care what they're tryin' to flog off.
I don't mind them as long as they only occur a few times a year. I believe France has it right, where they limit sales, and means consumers are buying a good price throughout the year. Nz has a lack of competition in many areas, so for many things, especially building related, we do pay though the nose. I am buying building products at the moment, and it is amazing the price difference between the RRP and the price you can get by shopping around. On average I am probably saving 30% ish.
last time I bought something just because it was on sale, 2 years ago, the warehouse, boxing day.
We needed AA batteries as we stopped at shop on the way to camping. Missus saw box of chocolate for $5 and big sale sign. I was like, yeah, let's grab it.
2 weeks later, we stopped at the warehouse again. Same box of chocolate normal price of $3.50...
Retailers lost me that moment. Before buying anything now, I will double check pricespy/priceme/competitors/overseas. I'm very glad if ComCom penalise big name retailer some big millions for their dirty tactics.
helping others at evgenyk.nz
I purchased a new office chair from Warehouse Stationery about a month ago. After having missed their prior sale 2 weeks earlier (due to no stock at the store I went to get it from) and the one prior which was 2 weeks before that I finally got one.
If you look at their pricing they basically put one of their chairs on special for 50% or so off and alternate it every week. If you miss it on special you just have to wait a couple of weeks for the same model to come on special again.
sbiddle:
If you look at their pricing they basically put one of their chairs on special for 50% or so off and alternate it every week. If you miss it on special you just have to wait a couple of weeks for the same model to come on special again.
Doesn't the law say that something on special, has to be on special for a lessor time, than it is on the market at the regular price, if they are to claim it is being discounted. eg Full price for 2 weeks, then on sale for a week, then back at full price for 2 weeks, then back on sale for a week. etc. So many retailers are probably fully complying with the law. It could be the the law needs to be rewritten
mattwnz:
sbiddle:
If you look at their pricing they basically put one of their chairs on special for 50% or so off and alternate it every week. If you miss it on special you just have to wait a couple of weeks for the same model to come on special again.
Doesn't the law say that something on special, has to be on special for a lessor time, than it is on the market at the regular price, if they are to claim it is being discounted. eg Full price for 2 weeks, then on sale for a week, then back at full price for 2 weeks, then back on sale for a week. etc. So many retailers are probably fully complying with the law. It could be the the law needs to be rewritten
You've hit the nail on the head. What many of these retailers are doing is not illegal, but simply dodgy.
The problem from a retail perspective is that Kathmandu single handed pretty much screwed the entire retail industry in both NZ and Australia. They lead customers to believe that a sale should be 50% off, which in turn has lead to a retail industry where inflated everyday margins to allow for heavy discounting are now the norm at many of our big name retailers.
@sbiddle will be pleased with no more traffic jams as Godfrey's will no longer be able to have their amazing once in a lifetime vacuum cleaner sales every week.
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sen8or:
But what will the Briscoes lady do for a job if she can't advertise their best ever sale every week.....
I think their real catch phrase is "By charging you more we can offer bigger discounts"
Commerce commission should be shutdown. They are hopeless.
The australian equivalent seems to do a slightly better job.
surfisup1000:
The australian equivalent seems to do a slightly better job.
They do seem to do a lot on at the moment, with Telecommunications/tv merges, and Newspapers merges at the moment. Maybe they have a lack of funding?
surfisup1000:
Commerce commission should be shutdown. They are hopeless.
The australian equivalent seems to do a slightly better job.
Why is it that in most countries there is only one Monopolies Commission?
Sometimes I just sit and think. Other times I just sit.
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